Italy’s PM Unloads On Deutsche Bank’s Unfixable Problem: “Hundreds And Hundreds Of Billions Of Derivatives”

Italy’s PM Unloads On Deutsche Bank’s Unfixable Problem: “Hundreds And Hundreds Of Billions Of Derivatives”:

While Italy’s prime minister Matteo Renzi may be wrong about almost everything else, he is right about the elephant in the room: Deutsche Bank’s “hundreds and hundreds and hundreds of billions of euros of derivatives.” €42 trillion to be precise.

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