Fund Manager On Deutsche Bank and Derivatives “This is Lehman X 10!”

collapse crashWith the news of the massive writedowns, losses and other issues at German banking giant, Deutsche Bank, I thought it best to ring up our pal and Fund Manager Dave Kranzler in order to see what he makes of it all.

Submitted by Craig Hemke, TFMetalsReport:

If you missed the story over the past 24 hours, here are two links from ZeroHedge that summarize things:

And here’s something that Dave wrote this morning before we spoke:

You might also see this:

And this, written four months ago at a site called NotQuant:

Please take the time to listen to this brief discussion and then consider the implications that a meltdown of Deutsche Bank might incur.

TF

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