OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Boyajian's Star: The 'Alien Megastructure' Star is not Alone
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 3:39 pm by PurpleSkyz

» DC Blackout at White House & Washington Monument! Lights Go Out WITHOUT Explanation! NPS Probes!
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:53 pm by PurpleSkyz

» UFO News ~ UFOs OR HIGH-TECH GOVERMENT CRAFTS RECORDED IN THE SKIES OF COLOMBIA plus MORE
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:51 pm by PurpleSkyz

» ISS records 'blue jet' lightning from space
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:49 pm by PurpleSkyz

» 53 Gone in Gibraltar in 10 Days
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:47 pm by PurpleSkyz

» 7 Strange Scientific Mysteries
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:46 pm by PurpleSkyz

» No Freebies! Says Pfizer
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:44 pm by PurpleSkyz

» GOP Rep Supports $1400 Stimulus Checks — But...
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:42 pm by PurpleSkyz

» USA INC. BANKRUPT – NO MORE IRS? WHERE’S POTUS?
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:41 pm by PurpleSkyz

» What Happened to ‘the Storm’?
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:39 pm by PurpleSkyz

» ‘Risk Pool’ to be Created to Compensate Nations Hurt by Bill Gates Venture to Dim the Sun to Cool Earth
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:38 pm by PurpleSkyz

» Dominion Voting Systems sues Rudy Giuliani over false election claims, seeks $1.3 billion
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:36 pm by PurpleSkyz

» A Whole Lotta Assholes Just Snapped Shut
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:33 pm by PurpleSkyz

» Eagle Scout Sues Merck
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:32 pm by PurpleSkyz

» Benjamin bla bla blah Fulford... 01/25/2021 - Hollywood FX Can’t Save Bankrupt USA Inc.
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 2:31 pm by PurpleSkyz

» Lin Wood secretly joins zoom call and records it. This is priceless.
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 1:48 pm by ANENRO

» “I just witnessed everyone in the WH get arrested”
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 1:48 pm by Consciousness Of Economic

» Biden-Linked Jesuits Wrecked Arecibo SETI To Avenge Their LUCIFER Fiasco
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 1:05 pm by Consciousness Of Economic

» GERMAN CITY INSTALLS THERMALLY INSULATED SLEEPING PODS FOR THE HOMELESS
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:59 pm by Consciousness Of Economic

» BIDEN+DECLASS++@CombatLVL (1).pdf
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:58 pm by Consciousness Of Economic

» The Untold Story of A Progenitor Race… The Seeds of Re -Civilization
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:55 pm by Consciousness Of Economic

» Microsoft Granted Patent to Reanimate Dead People as 3D ‘Chatbots’
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:54 pm by Consciousness Of Economic

» 2021 – 6UILD 6ACK 6ETTER THE GREAT RESET V GREAT AWAKENING
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:52 pm by Consciousness Of Economic

» The Great Comeback Message Decoded..The Punisher? Sinking Ships? Coded Message From Melania & TRUMP!
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:50 pm by Consciousness Of Economic

» CREEPY Videos You WON'T Believe Were Actually Caught On Tape
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:49 pm by Consciousness Of Economic

» WHITEHOUSE BUSTED PLEA DEAL FOR HUNTER
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:47 pm by Consciousness Of Economic

» Confessions of a Time Traveler: The Man From 3036
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:46 pm by Consciousness Of Economic

» Dybbuk Box: The Story of Chris Chambers
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyToday at 12:44 pm by Consciousness Of Economic

» Inauguration Anomalies
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyYesterday at 7:35 pm by bs4ever

» What do I do if I suspect that a charity (or a 501c3 like David Shilcock's) is a fraud?
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyYesterday at 4:56 pm by PurpleSkyz

» The Boys are Back in Town! - AMERICA 2021
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyYesterday at 4:37 pm by PurpleSkyz

» Reconsidering YOUR Controlled Beliefs about YOUR Reality
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyYesterday at 2:44 pm by Consciousness Of Economic

» British Legislator Calls for Widespread Vitamin D Rollout
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ EmptyYesterday at 2:09 pm by PurpleSkyz





***********

CLICK THE SUBSCRIBE BUTTON BELOW TO RECEIVE OUR DAILY NEWSLETTER

A 2ND EMAIL COMPLETES THE ACTIVATION PROCESS




CLICK THE PURPLE BUTTON TO VIEW OUR LATEST POSTS







You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’

Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin

Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’

Posted on February 15, 2016 by Jean
http://www.sott.net/article/312223-Keiser-Deutsche-Bank-is-technically-insolvent-and-running-a-ponzi-scheme
RT
Sun, 14 Feb 2016 22:18 UTC
Keiser: Deutsche Bank is ‘technically insolvent’ and running a ‘ponzi scheme’ 56c0f60ec46188e43f8b4591
© Luke MacGregor / Reuters
Max Keiser hit out against Deutsche Bank in the latest episode of his RT program Keiser Report, saying the bank was “technically insolvent” despite assurances from German Finance Minister Wolfgang Schaeuble that he had “no concerns” over his country’s biggest bank.
Deutsche Bank shares are down 40 percent since the beginning of the year, falling below their price at the time of the 2008 financial crisis. The bank suffered record losses of €6.8 billion in 2015.
With a balance sheet now eclipsing JP Morgan’s, Keiser warned that the bank will sooner or later have to admit to insolvency and say “we need either a huge bailout or we gotta close up shop.”
However, German Finance Minister Wolfgang Schaeuble dismissed concerns over Germany’s biggest lender, telling Bloomberg he was not worried about its future.
Deutsche Bank CEO John Cryan also played down the concerns in a published letter to staff on February 9, describing the bank as “absolutely rock-solid” and “strong”.
“On Monday, we took advantage of this strength to reassure the market of our capacity and commitment to pay coupons to investors who hold our Additional Tier 1 capital,” Cryan wrote. “This type of instrument has been the subject of recent market concern. The market also expressed some concern about the adequacy of our legal provisions but I don’t share that concern. We will almost certainly have to add to our legal provisions this year but this is already accounted for in our financial plan.”
The bank’s contingent convertible (CoCo) bonds also plunged in value this year. CoCo bonds are designed to be converted to equity when the bank gets into trouble. They have no maturity date and come with no promise to investors that they will get their money back.
Coupon payments on the bond are contingent on the bank’s ability to keep its capital above certain thresholds. If the bank does not make a coupon payment, investors cannot call for a default.
Deutsche Bank said last week that they would likely be able to make its coupon payment for 2016, after telling investors last month that it couldn’t make its 2015 payments.
Keiser described the move as a ponzi scheme saying, “You can’t just miss coupon payments. It’s called insolvency.”





Thanks to: https://jhaines6a.wordpress.com



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum