Another bank about to be saved, yep no risk and all reward.. Remember that...

[Michael J. Fletcher]

I understand why no one wants them to fail, but also I don't understand why the government's regulation on these institutions is so inappropriate.

 

[i960]

I understand why no one wants them to fail, but also I don't understand why the government's regulation on these institutions is so inappropriate.

Because of regulatory capture. The banks and the established rich run this show.

 

[zdreg]

I understand why no one wants them to fail,

why do you say that?

failure is a cornerstone of the capitalist system i.e. creative destruction. it is destruction of the inefficient and the outdated businesses. if not we still would be driving around in the horse and buggy. destruction is followed by renewal with new people at the helm who are more visionary than the previous leaders.

 

[noddyboy]

Just like here in the States, Germany is about to save their own bank....Germany to the rescue....

Remember banks cannot fail.....its no risk all reward all the time.....remember how many banks we saved from failure back in 2008....look how Wells Fargo treated their customers after their precious bailout......what a great american company they are....


http://www.cnbc.com/2016/09/29/pressure-seen-building-for-germany-to-rescue-deutsche-bank.html

If I just read all your post at face value and buy DB yesterday, I would be up 15%. Perhaps that is the trade. Stop fighting QE and embrace it.

 

[kmiklas]

If I just read all your post at face value and buy DB yesterday, I would be up 15%. Perhaps that is the trade. Stop fighting QE and embrace it.

sigh. ^^^ What he said. Maybe it really is that simple. What a spike! And I had my finger hovering on the "Buy" button yesterday, but chickened out.

EDIT: Light bulb just went on. Will we soon see a similar pop from Wells Fargo??????? Ooooooh baby!!

 

[vanzandt]

Don't do it Achilles....

Play the Gilligan Island tune to the following:


♫ ♫ ♫

Now sit right back and you'll hear a tale
A tale of a sinking ship
That zandy boarded on March 14
For a $30 trip.

The Mate was a mighty Bear named Stearns
Its skipper brave and sure
When trading opened Monday Morn
Zandy sure got burned.

$30 went to $10 that day
Margins calling in
I hate those fucking banker crooks
'Never do that again.

♫ ♫ ♫

Must not be apples to apples.

All is well in the world.

 

[Pricechange]

there will be also a bail in. there is precedent.

agreed. zdreg, does a bail in begin to put meaningful pressure on the euro?

 

[Michael J. Fletcher]

why do you say that?

failure is a cornerstone of the capitalist system i.e. creative destruction. it is destruction of the inefficient and the outdated businesses. if not we still would be driving around in the horse and buggy. destruction is followed by renewal with new people at the helm who are more visionary than the previous leaders.

so what's your point? I just asked why we don't see more regulation.

 

[Michael J. Fletcher]

Because of regulatory capture. The banks and the established rich run this show.

That's for sure, super packs and other stuff...

 

[zdreg]

so what's your point? I just asked why we don't see more regulation.

I understand why no one wants them to fail,

you made a statement. you received a response and came up with a non-sequitur reply. if you understand Capitalism you want to see them fail.
for the 2nd time:failure is a cornerstone of the capitalist system i.e. creative destruction. it is destruction of the inefficient and the outdated businesses. if not we still would be driving around in the horse and buggy. destruction is followed by renewal with new people at the helm who are more visionary than the previous leaders.