Replies to post #298 on Deutsche Bank AG (DB)

[mdimport]

Thanks for posting the article. The failure to reach an accord with DOJ means $DB will be paying a $14B fine or thereabouts.

Deutsche Bank will have to bail in at this point, and then raise additional capital. The current market cap makes a reverse split a likely scenario once fund raising is complete to get the price well above $10 / share.

No-one from the 2006-9 market meltdown was punished by the US government, and $DB suing its former managers is in a sense a form of privatized punishment.