I am considering investing in my former employer's equity. I haven't worked there in years.
While I haven't followed their fight with Obama's DOJ closely, I believe that the German government would step in if needed; implying a backstop for the company, at least on the debt side. What Americans don't know is that DB is held in high regards in Europe and while I worked there, it was more prestigious in Europe than Goldman. Germany, in my opinion, isn't going to let its crown jewel fail.
I don't doubt that the DOJ would love to push for a double standard for the foreign bank, but I doubt the German government would take that lying down.
The question seems the following:
[ol]
Does the DOJ come off its silly $14 bn number? If $14bn is the number, what are the terms, and how does it look on DB's $1 trillion balance sheet. If it doesn't work something out with the DOJ, how much flesh does the German govnt take? [/ol]
Has anyone else followed this stock?
While I haven't followed their fight with Obama's DOJ closely, I believe that the German government would step in if needed; implying a backstop for the company, at least on the debt side. What Americans don't know is that DB is held in high regards in Europe and while I worked there, it was more prestigious in Europe than Goldman. Germany, in my opinion, isn't going to let its crown jewel fail.
I don't doubt that the DOJ would love to push for a double standard for the foreign bank, but I doubt the German government would take that lying down.
The question seems the following:
[ol]
Has anyone else followed this stock?