Sprechen Ze?

Ninety nine dreams I have had
In every one a red balloon
It's all over and I'm standing pretty
In this dust that was a city
--Nena

Deutsche Bank (DB) continues to be the poster child for growing stress in the banking system. The stock is now marking lower than in 2009.

Zero Hedge reports that DB, with $50 trillion in gross notional derivative exposure, is now issuing public statement to sooth concerns about its payment capacity.

Of course, it won't take much movement in derivative prices to push this puppy into insolvency.

position in SPX