GXY 0.00% $5.28 galaxy resources limited

Yes, all eyes on Deutsche Bank for the next quarter. They (you...

  1. 374 Posts.
    Yes, all eyes on Deutsche Bank for the next quarter. They (you can also add Credit Suisse to the list) could easily be the next Lehmann Bros, Bear Stearns, etc. A debt and derivative portfolio in the tens of trillions. But the income stream? Ever shrinking global growth forecasts, oil and asia imploding, US unofficially in recession, ridiculous EU bailouts, and ongoing (and continual) exposes on shonky deals... they're a slow moving train wreck waiting to happen.

    I did not know they held GXY. Another reason to back off for a while.
 
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