OH SHIT OH SHIT OH SHIT
OH SHIT OH SHIT OH SHIT
Saw picrel in the comment section on a stonk board. Not sure if true. Would be nice if I can find sauce for the different numbers.
If going by these numbers it appears they were leveraged 5.6 times their capital. Lehman was leveraged 30 times their capital. As far as Deutsch bank goes, no idea on how much they were leveraged. So on the face of it, doesn’t seem as bad as the 2008 crash given they weren’t as over leveraged as Lehman was, however, covid, Ukraine, and rising inflation etc has pretty much maxxed out gov spending. There’s no way they can afford to bail them out and that may cause some very serious contagion in the markets.
*not financial advice