Deutsche Denial Tsunami Begins: Draghi “Not ECB Fault”, IMF “Solid Base”…(Noon RMT:Front Page Overloaded)
by Tyler Durden
ZeroHedge.com
Sep 28, 2016
It is becoming very clear that the Deutsche Bank debacle is getting very serious. How do we know? Simple – everyone is denying everything. Overnight DB CEO Cryan denied any need to raise capital or need a bailout; this morning ECB’s Draghi denied low rates were responsible, and denied The IMF’s statement the bank is systemically important; and now IMF’s Lagarde is denying any need for government intervention.
The Rest…HERE