Thursday, August 4, 2016

Pam Martens and Russ Martens — Is Deutsche Bank as Dangerous to Financial Stability as Citigroup Was in 2008?

Deutsche Bank is starting to resemble the financial basket case that Citigroup became in 2008, leading to Citigroup’s partial ownership by the U.S. government for a time and the bank requiring the largest taxpayer bailout in U.S. financial history. Citigroup’s teetering condition and its interconnectedness to other mega banks played a critical role in the Wall Street crash and collapse of the U.S. economy.
Wall Street On Parade
Is Deutsche Bank as Dangerous to Financial Stability as Citigroup Was in 2008?
Pam Martens and Russ Martens

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