Re:Brexit Is a Lehman Moment for European Banks
by pmorici on Sunday July 10, 2016 @02:48PM
(#12066672)
It's probable that they are both over valued. Deutsche Bank supposedly has insane amounts of derivative exposure and is highly leveraged. Then again if you assume that they will be bailed out at any cost you could be right.
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Re:Brexit Is a Lehman Moment for European Banks
by LoSboccacc on Sunday July 10, 2016 @05:01PM
(#12067250)
Yeah, germany helping greece was mostly to save the over exposed DB, and I don't think it's over yet on that front. then there's the italian front, which is more of the same, and on top of it brexit has messed up euro value even further. It's going to recover, but that burned a lot of non indexed capital