+++ P.O. (BBG) German Finance Sector is Generally Awful, Says Choukeir – Video

P.O.

…Ahhh…

…Is that so…?

…Give me a break and tell me something new…!

…Most of the “German Finance Sector” Companies are belly up…

…And they have been belly up for years…

…People have just not been focusing on them because of the German Accounting System which is good for insiders,because it communicates privileged information, but difficult to understand for outsiders.

…It’s like Germany’s accounts…

…You go and tell me what is the real debt to GDP ratio for Germany…

…But take a deep breath, and do your homework before you answer me…

Francisco (Abouaf) de Curiel Marques Pereira

(BBG – Click to see) September 30 — Deutsche Bank AG slid in European trading after losing 6.7 percent in the U.S. to a record low $11.48 on Thursday. About 10 hedge funds that do business with the German lender moved to reduce their financial exposure as concern grows about its ability to withstand pending legal penalties. Kleinwort Benson Bank Chief Investment Officer Mouhammed Choukeir discusses with “On the Move” hosts Guy Johnson in London and Caroline Hyde in Frankfurt.