Submitted by dnr41418 t3_121xrg1 in wallstreetbets
qainin t1_jdocare wrote
Reply to comment by nigerdaumus in Ya like DB rumors? by dnr41418
It's a German/British Hedgefund. Why would the fed save them?
bob_miller_jones t1_jdonpav wrote
Same reason us intervenes in foreign wars, good for business
legbreaker t1_jdooi28 wrote
It happened in 2008 as well.
But mostly because Deutsche bank was in trouble from exposure to the US subprime loans. I guess they felt partially responsible
EnragedMoose t1_jdp3x98 wrote
It's because it's in US interest to not let the largest economy in the EU tailspin.
nigerdaumus t1_jdocifx wrote
Idk. That's just what the guy said
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