whats habbening with Deutsche Bank? time to buy?
Whats habbening with Deutsche Bank? time to buy?
Joshua Gray
Benjamin Morgan
watch info, it's about US gov
time to buy ? Might not, it will down more.
Brayden Bennett
US Government asking them for 14 billion because of toxic mortgages.
Connor Bell
Is the ticker DB? if so they still have over 2 more dollars to drop before they hit a record low
Sebastian Cook
That amount will get negotiated down to around 5 billion, and the bank already has 6 billion set aside for this. Could be a good buy when it bottoms. But might take a little time to recover.
Colton Johnson
>stock at new all time low
>time to buy
And you wonder why most of Veeky Forums is broke. Natural selection, I guess.
Christopher Jenkins
>bank always vanish all the time, goverments don't resuce them ever
Parker Long
>time to buy ?
yes.
Chase Davis
You're wrong. DB has got 5.5 billion for paying off things like this, but only 2.5 billion for this particular case.
David Russell
So. They're sueing for 14 Billion. Deutsche "officially" has 5.5 Billion set aside for a case like this. But nobody wants the DB to actually go bankrupt, what might eventually happen is: US will set the bar lower, maybe even under 7Bil and DB will receive Gov. moneys. Everyone will be happy so DB can continue it's dirty deals in Russia and it's huge tax evasion.