Germany Goes There: “Can’t Compare Deutsche Bank To Lehman”…”When it’s important, you have to lie,”
by Tyler Durden
ZeroHedge.com
Sep 26, 2016
“When it’s important, you have to lie,” is the now well-known mantra from European leaders when the crisis hit. So when a German politician proclaims “you can’t compare Deutsche Bank with Lehman. The bank is in a position to get out of this situation on its own,” it’s time to panic. Just a week after the 8th anniversary of Lehman’s collapse, the multi-trillion dollar derivative book of Deutsche Bank dwarfs that of Lehman… and the credit markets are starting to wake up again.
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