d1Deutsche Bank: Does it need a bailout?

 

This is a cnn.com article.

 

Deutsche Bank has lost half its market value this year and profits have collapsed. No wonder investors are worried.

The market panic reached fever pitch this week — the stock slumped to its lowest level in more than 20 years — on fears the bank may not be able to afford a massive U.S. fine for trading in toxic mortgages a decade ago.

German media say the situation is so bad that the government has begun looking at a potential bailout.

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PiggyBankBlog Bailiff: “All rise! The honorable Congresswoman Marcy Kaptur has entered the Courtroom of Public Opinion!”