Brexit Is a Lehman Moment for European Banks

Re:Brexit Is a Lehman Moment for European Banks by TheOtherHobbes on Sunday July 10, 2016 @01:32PM (#12066336)

This story has moved on. There's already talk of an urgent need for a 150bn Euro bailout.

http://www.welt.de/finanzen/article156924408/Deutsche-Bank-C...

Or the slightly more sensationalised English version:

http://www.zerohedge.com/news/2016-07-10/deutsche-banks-chie...

Comparisons to $UNICORN are irrelevant. If DB melts down, 2008 will look like an inconsequential stutter.

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Re:Brexit Is a Lehman Moment for European Banks by neuromancer2701 on Sunday July 10, 2016 @09:44PM (#12068342)

Yeah, I like the illustration that Brexit is Bear Stearns especially because the market has recovered in the last two weeks(as it did with BS in 2007) and a DB implosion would be the Lehman Brother for the next collapse.

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