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There Are Indications That A Major Financial Event In Germany Could Be Imminent

By Michael Snyder, on September 21st, 2015

http://theeconomiccollapseblog.com/archives/there-are-indications-that-a-major-financial-event-in-germany-could-be-imminent

...Prior to the “sudden collapse” of Lehman Brothers on September 15th, 2008, there had been media reports of mass layoffs at the firm. To give you just a couple of examples, CNBC reported on this on March 10th, 2008 and the New York Times reported on this on August 28th, 2008.

When big banks start getting into serious trouble, this is what they do. They start getting rid of staff. That is why the massive job cuts that Deutsche Bank just announced are so troubling…

....At one point, it was estimated that Deutsche Bank had a staggering 75 trillion dollars worth of exposure to derivatives.