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194: Should I Short Deutsche Bank? (Listener Question
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:08:49
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Sinopsis
Learn what shorting is and the pros and cons of shorting. Have you checked out the Creating Wealth podcast yet with Jason Hartman? It’s full of amazing information and over 700 podcasts about real estate investing. If you like this podcast, you’ll like that one too. http://bit.ly/wealthpod It's Listener Question Friday I’ve been watching the German bank, Deutsche Bank with some concern. DB is trying to get a reduced fine from the DOJ from $14B to $5B for mortgage security improprieties during the last financial crisis. If you haven’t been following the news, DB may need a bailout but Chancellor Merkel has said she will not support one. That’s because other banks in the EU may also need bailing out and if one was bailed out, they’d all have to be bailed out. Italy’s banks are having big problems and so are other European banks. The real problem with DB is it is unique in that id also has massive derivatives there, so if it goes down, the effect could be quite serious on the whole EU and the Euro. Remember deri