General Stock Ideas

[gfp927z]

Something that's very suspicious about the current European banking crisis is that the Deutsche Bank problem has been caused in large part by a huge SEC fine being levied from the US -


https://www.bloomberg.com/news/articles/2016-11-30/merkel-coalition-targets-deutsche-bank-s-ex-ceo-in-bonus-feud


>>> Cryan, who became CEO in July 2015, is facing a $14 billion request by the U.S. Justice Department to settle the securities probe. Deutsche Bank, whose shares have declined by 36 percent this year, has said it expects to settle for significantly less. <<<


This huge $14 billion fine is apparently at the core of Deutsche Bank's problems. This makes no sense considering the US gave the European banks over $6 Trillion after the 2008 crisis to save the global banking system from its derivatives meltdown. So now we're supposed to believe that they're going to let the system collapse over a lousy $14 billion SEC fine? Makes no sense.

However.. (continued)