Deutsch Bank in Trouble Again

The vulnerability of the banks is starting to bleed through the shadowy curtains of “securitization fail.” (Adam Levitin’s term for false securitization). Despite trillions given to the banks in faked sales of worthless mortgage backed securities (purchases by Federal reserve at 100 cents on the dollar), analysts correctly perceive this as a growing cancer on the balance sheets and financial statement of the big players on Wall Street.

The trading profits are fake. Most analysts understand this now. The more “profit” they report from proprietary trading the more they are relying on laundering money illegally obtained in the mortgage meltdown. Analysts understand therefore that an increase of “profits” derived from proprietary trading really means that (1) the rest of the operations are not doing well and (2) the bank is becoming increasingly vulnerable to major lawsuits by government and private interests. That is the reason for a drop in share price every time they report an increase in “trading” profits.

On Wall Street everyone is an insider. They all know that the income from proprietary and the assets reported on the balance sheets are fictitious. As this information leaks out the pressure put on regulators and law enforcement will become intense. The old deals will be shattered and anew round of criminal and civil actions will begin. Every time another homeowner scores a victory the skepticism about the profits and assets of these banks increases. purchases by Federal reserve at 100 cents on the dollar) , insiders and analysts on Wall Street have caught on to the game and are now worried when they see an uptick of profits from “proprietary trading” because they know it is only laundering money obtained in the past.

The trading profits are fake. Most analysts understand this now. The more “profit” they report from proprietary trading the more they are relying on laundering money illegally obtained in the mortgage meltdown. Analysts understand therefore that an increase of “profits” derived from proprietary trading really means that (1) the rest of the operations are not doing well and (2) the bank is becoming increasingly vulnerable to major lawsuits by government and private interests.

That is the reason for a drop in share price every time they report an increase in trading profits. On Wall Street everyone is an insider. They all know that the income from proprietary “trading” is fictitious and the assets reported on the balance sheets are fictitious. As this information leaks out the pressure put on regulators and law enforcement will become intense. The old deals will be shattered and a new round of criminal and civil actions will begin. Every time another homeowner scores a victory the skepticism about the profits and assets of these banks increases.

see http://www.businessinsider.com/deutsche-bank-is-in-trouble-2014-11

4 Responses

  1. Vote for whom. Do you think these idiots down in Washington actually understand our financial system. The few that do understand are lifers that are in on it and shake these guys down for political contributions.

    Let’s empower guys like Rand Paul.

  2. End the FED.

    End their client banks.

    End private ownership of public assets; especially the interest acquired on our currency by private middlemen masquerading as in public service.

    End their deceit.

    End their acquisition of the principal given as bonds to private enterprise.

    Recognize the deficit only encompasses the interest owed.
    Realize We The People want the benefit of our bonds (the principal) and interest (the deficit) returned into the control of public coffers; not private pockets.

    Realize a small group at the top will forever conspire to marginalize the will of “We The People”.

    Embrace the mighty gift and promise secured, while given in sacrifice, by those who have gone before.

    Vote

  3. Let us hope that this bank as well as others go belly up.

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