It's Not Just Deutsche Bank...
Submitted by Tyler Durden on 02/11/2016 11:17 -0500
While broad-based contagion from Deustche Bank's disintegration is clear in European, US, and Asian bank risk, there is another major financial institution whose counterparty risk concerns just went vertical...
Credit Suisse...
With the stock at 27-year lows, it appears investors are seriously questioning Chief Executive Officer Tidjane Thiam’s restructuring plans.
http://www.zerohedge.com/news/2016-02-11/its-not-just-deutsche-bank
Deutsche Death Watch
A write-down of this magnitude would imply that DB has a NEGATIVE net worth of 238 billion euros.
In other words, DB is technically insolvent.