Wednesday, Sep 17, 2008

Deutsche Bank slamming the doors

Bloomberg: Deutsche Bank Limits Credit-Default Swaps Exposing It to Bank-Failure Risk

Well not exactly unexpected, but don't expect LIBOR to normalise anytime soon (AND THUS MORTGAGE RATES INCREASE), they are running for the hills after getting a wiff of that burning fuse.

Posted by yoss @ 09:08 PM (209 views) Add Comment

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