Relevant:
- A Derivatives Bomb Exploded Within The Last Two Weeks
- Spiegel: Deutsche Bank Was Handed Over To "Anglo-American Bankers", "Looted" and "Run Into The Shoals"
- Deutsche Bank predicted to cut 10,000 jobs
- The crisis of solvency -- peak debt, peak food stamp usage, and massive financial deception by media
- Former ECB Chief Economist: "ECB in 'panic'"
2008-07-03 — housingwire.com
"Anshu Jain, head of global markets at Deutsche Bank AG (DB: 87.34, +1.99%), said in remarks Thursday that most financial institutions are now facing a solvency issue around housing — a surprising assessment, to say the least, and one that underscores just how damaging the continued freefall in U.S. housing is likely to be for financial outfits that invested heavily in the area during the recent run-up."
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