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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