This U.S. Bank Is About to Relive the 2008 Derivatives Nightmare

Deutsche Bank - with its stock now trading at a 30-year low - was recently called the world's riskiest financial institution by the International Monetary Fund. Better late than never... In a last-ditch effort to save itself, DB is trying to dump a bucket load of credit derivatives - the murky, risky financial instruments that triggered the 2008 financial crisis. You would think no one would buy these weapons of financial mass destruction... but you'd be wrong. In a staggeringly stupid move, the American bank I'm telling you about today has gone on a derivatives shopping spree, eagerly taking credit default swaps off the hands of failing Eurozone banks like DB and Credit Suisse. That means, of course, another outsize short opportunity for you to take... Tags: Banks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This U.S. Bank Is About to Relive the 2008 Derivatives Nightmare appeared first on Money Morning - We Make Investing Profitable .