I think one of the big boys will buy them before they go to Zero. I can't see Germany Nationalizing its biggest bank. That would be an embarrassment, although so would selling. I'd give Management the benefit of the doubt that they are working behind the scenes with the Central Banks on a plan to Re-Cap the bank again if needed and get some of the bad debt off the books. This bank is too big to fail...
MiniPincher
⋅
Will, would you be able to provide an update here on your analysis on DB?