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mk  ·  2938 days ago  ·  link  ·    ·  parent  ·  post: Today in synthetic financial instruments news...

Remember way back a month ago when Deutsche Bank was compelled to assert their solvency, and then buy back a bunch of bonds from freaked out bond holders? Here's DBK:GR today.

Everything is not all better, and I suspect that necessity is the mother of this invention.

I don't think 3% is worth holding ING's hot potato.