Over the last couple of months Deutche have been trying to setup a 'bad debt' bank so they can off load poor debts.
This seems to have been fruitless, but more importantly even if it had gone ahead it was a sign that Deutche was on it's last legs.
Now they are announcing 1 in 6 employees will be let go in what seems to be a cost cutting measure, or perhaps it really is the beginning of the end.
The bigger picture seems to indicate that once Deutche goes, then the rest of the banking cartels house of cards will fall soon after.
Time will tell
