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Ah, the stable world of high finance. DB is running close to defaulting on its debts.

• lazyjones 10y ago
  > DB is running close to defaulting on its debts. It's too big to fail though and the tax payers will save it.
  • nerfhammer 10y ago
    So, this is actually a good example of the stability in high finance? If you think the market is pricing DB incorrectly, and also the market is pricing Snapchat incorrectly... are these really counterexamples of each other then?
  • nugget 10y ago
    Too big to fail doesn't necessarily mean that the investors (equity and debt holders) have anything left at the end.