Analyst: $1 Trillion In Hidden Losses At German Banks

CNBC Video - Currency Strategist Joseph Trevisani - Sep. 23. 2011

With Deutsche Bank skirting by at greater than 50:1 leverage, this should not be a surprise. French banks should be assumed to be hiding similar losses.  Clip runs 90 seconds.

Related:

• Kyle Bass Tells David Faber: "EU Bailout Will Cost France And Maybe Even Germany Their AAA Ratings"

• Kyle Bass - 'Greece Will Default And It's Going To Be Ugly For Europe, Germany And The U.S.' (17 Bailouts For 17 Euro Nations)

Comments

[DailyBail]

http://video.cnbc.com/gallery/?video=3000047802

Estimate for Goldman Sachs cut to loss for this quarter...

[mikael]

The solution for Gremany is simple, its done before, and I know its like svearing in the church.
Go back in time and se for your self.
Germany sould be the first to runn from Euro, they are the ones that payed the heavyest price of them all.
And now the ordinary Greman is suffering from this Bailout, a selfimposed abyss.
And whats even more interesting is that the same forces are live and kicking, dont forgett that. Last time they crushed Gremany.
But this time you can have it your way.
Get ridd of the banks that are rotten, and go back to Publicly governed banks.
The same as before, it works, for the benefitt of the Greman people and for the world.

We all know that, but nobody dears to speak it.

[John Mack]

Merkel will not make a move - or have a thought - without the "advice," that is, the permission of the Chair of Deutsche Bank.

[Canuck]

German turmoil over EU bail-outs as top judge calls for referendum

http://www.telegraph.co.uk/finance/financialcrisis/8790785/German-turmoil-over-EU-bail-outs-as-top-judge-calls-for-referendum.html

What're the chances of that happening? :coffee:

[DailyBail]

Great link - thanks Canuck.