Whalen: Deutsche Bank’s Absurd Claims About Banks

Chris Whalen has today’s must read piece — a pushback against a slice of Deutsche Bank Absurdity claiming the benefits to humanity (really) of Money Center banks.

You know. Like Deutsche Bank.

You can read it here:

Deutsche Bank: Universal Banks are a Benefit to Society. Really?

Few people are more knowledgeable about bank absurdities better informed than Chris, who survived both the NY Fed and Bear Stearns intact.

 

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