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Is a “$46 TRILLION” Lehman Brothers Event Just Around the Corner?

The financial world is abuzz with talk of the first Presidential debate. Meanwhile, one of the largest derivatives books in the world is imploding. Deutsche Bank (DB) is the 11 th largest bank in the world. And it has over $61 TRILLION (with a “T”) in derivatives on its books. AND IT HAS LOST NEARLY A QUARTER OF ITS VALUE IN THE LAST THREE WEEKS. DB is not alone here.
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