There’s unconfirmed speculation JPMorgan may have been granted immunity as the whistleblower.
The old question: When will she buckle?
Even bigger loss than reported 6 weeks ago, cost cuts abandoned, bonuses quadrupled.
In response to the “destabilization of the world.”
Counterparties are losing confidence, withdraw cash.
Everyone is denying everything.
For profitable, well-capitalized banks not teetering on the brink, big fines are a slap on the wrist. But these three conditions don’t apply to Deutsche Bank.
Since none of the criminal bankers responsible end up in prison.
Trying to prop up confidence by hook or crook.
Schäuble tries to soothe nerves, but the plunge gets worse.