Business news without the bullshit

What's up with Deutsche Bank?

Financial toxic waste dump

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"Everything is fine"

Like Japan, Germany is one of the big storehouses of global capital.

Credible theories attribute the 1987 crash to decisions made in Bonn. The Great Depression of the 1930s also had roots in German financial markets.

That's why the current shakiness of Deutsche Bank.

One of the issues: The now-trendy Cocos. Contingent convertible capital.

One of those nifty new financial instruments that sound good - until they stop working.