[mac_truck]

For all those thinking Deutsche Bank’s demise won’t affect things in the United States...keep in mind that DB is the counter-party to more derivative contracts than any other bank in the world. While exposures vary, all the major banks in the US have substantial counter party risk if Deutsche Bank goes under.

[Tolerance Sucks Rocks]

So our banks are using Deutsche Bank assets as hedges to potentially bad derivatives. Do I have that right?