Analyst: $1 Trillion In Hidden Losses At German Banks

Sep 27, 2011 at 12:44 AM
DailyBail in Euro Crisis, Europe, banks, banks, cnbc video, euro currency, france, germany, joseph trevisani

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)

 

Article originally appeared on The Daily Bail (http://dailybail.com/).