Germans. What are they good for? Absolutely no-thin'. Deutsche Bank was supposed to be the one firm not falling off a cliff, not going bankrupt, not canceling its holiday party and not firing everyone to your left and right. And then, oh, what's that? The upped and canceled their holiday party on Friday, citing fear of looking bad rather than money trubs. And now they've announced they'll be firing one in seven traders from its global markets division. I wash my hands of these people.
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Posted by guest , Nov 19, 2008 5:06PM
I hate DB
Posted by guest , Nov 19, 2008 5:06PM
Bess - Didn't they try and wash their hands of your type about 70 years ago.
Your deleting of post is really lame.
Posted by guest , Nov 19, 2008 5:11PM
@1 comment completely inappropriate!!!
Posted by guest , Nov 19, 2008 5:11PM
@1- you're a fucking idiot. bess only deleted posts that linked to this girl's picture, perhaps because she has a heart, unlike you, jerkoff.
Posted by guest , Nov 19, 2008 5:12PM
This is going to be the best Holiday ever!
Posted by guest , Nov 19, 2008 5:13PM
@1- you're lame.
Posted by guest , Nov 19, 2008 5:13PM
@1- does it really affect your life whether or not the pics of some HR chick are allowed to be posted on DB? Who's lame now?
Posted by guest , Nov 19, 2008 5:25PM
@1 your jackassery is breathtaking. You are truly the definition of an oxygen thief.
Posted by HAM05 , Nov 19, 2008 5:36PM
if we cant poke fun of our MOT friends then the terrorists have already won
Posted by guest , Nov 19, 2008 5:37PM
Germasn were lederhosen...no boots here
Posted by guest , Nov 19, 2008 5:43PM
@3, 4, 6, 7, & 8
What if he was simply referring to Deutsche Bank?
Posted by guest , Nov 19, 2008 5:55PM
@11
The previous #1 has since been removed.
Posted by guest , Nov 19, 2008 6:06PM
Why is Douche Bank firing 1 in 7 traders? Isn't trading the place to be? The place where shit happens? The place where all the 'talent' make their fortunes? WTF is the matter with Douche Bank? Aren't they afraid that all that 'talent' might bail and go somewhere else? Haven't the execs at Douche Bank kept up with current events?
The Guy from Delaware
Posted by guest , Nov 19, 2008 6:07PM
i hear fat trading assistants on the converts desk will be the first to go...
Posted by guest , Nov 19, 2008 6:10PM
i hear fat trading assistants on the converts desk will be the first to go...
Posted by guest , Nov 19, 2008 6:10PM
i hear fat trading assistants on the converts desk will be the first to go...
Posted by guest , Nov 19, 2008 6:22PM
Deutsche Bank is lame, Everyone I know who's been fired at an investment bank works at Deutsche Now.
They can get rid of 90% of their useless ass analysts also.
Posted by guest , Nov 19, 2008 7:21PM
@13 7-1 = 6, as in 6 million
Posted by guest , Nov 19, 2008 10:56PM
@18 clever, but far from funny
Posted by guest , Nov 20, 2008 2:11AM
How is it that Bess makes jokes about Germany all the time and points out that she is Jewish all the time and no one cares? If the reverse is said, all the whiny kids get upset and say thats hurtful. Try thicker skin, you will go further in life.
Deleting post is still really lame!
Posted by guest , Nov 20, 2008 4:37AM
Deutsche's business model is getting crushed. IB is gone and many parts in structured finance will never come back.
Now people, go back to university and learn an honest trade.
Posted by StillNoCouch , Nov 20, 2008 4:53AM
@20 ('Guest', as most cowards are)
Oh, thank you for your sage insights.
'Nuff said, other than "You're a Moron"
Posted by guest , Nov 20, 2008 7:06AM
There's too much internal politics and brown nosing at DB; They have so many levels of management and create job titles for useless 'has-beens'. Cut a further 900 on top of the 900 announced and give its shareholders real value.
Posted by guest , Nov 20, 2008 8:28AM
At least they won't be using Xyclon-B for the right sizing exercise.
To #20
#22 is mostly right about you.
Posted by guest , Nov 20, 2008 8:33AM
any clue how much DB credit prop trading has lost?
Posted by guest , Nov 20, 2008 8:49AM
I guess all the money that Deustch Bank stole from holocaust victims has run out. Perhaps the cockaroaches will have to think for themselves and not steal the assets of people they murdered in cold blood.
Posted by guest , Nov 20, 2008 8:54AM
at least the financial firms give severance. Some law firms aren't giving severance anymore.
http://endofesq.com/?p=564
Posted by guest , Nov 20, 2008 9:43AM
@22
you are a jackass
Posted by guest , Nov 20, 2008 9:54AM
Think those comments about holocaust etc. are completely inappropriate. How about UBS, Credit Suisse etc.
DB overall isn't that bad ... stay at Citi and see where it brings you!
Posted by guest , Nov 20, 2008 10:07AM
agree with 29...Americans should not get there considering their own history...
Posted by guest , Nov 20, 2008 3:53PM
any of u guyz makin fun of people gettin lade off are such jerks! i work at a investment bank way way way better then you loserz and make so much more money. i guarantee. and i date a model.
Posted by guest , Nov 21, 2008 3:45AM
I wish people would stop commenting on the hollocaust, and WW2 and using race and religeon to make their unfunny comments righteous.
This is for Bess and the rest, both sides, youre as at fault as each other.
Think about it people.
The DB model is still working, ok its true that its strewn with politics, with back stabbing, and with incompetents, but its balance sheet would suggest that at DB its somewhat less than at the multitude of failed banks all over the world.
you guys are just jealous that its only firing 1/7. At other banks its 4/7 at least.
grow up.
Posted by guest , Nov 21, 2008 8:44AM
Has these cuts begun and will they affect the equities division? (Eq. derivatives).
Posted by guest , Nov 21, 2008 9:03PM
Rule 1 People! Incompetent people are retained becuase they are so busy kissing ass up the dark hole beucase of their incompetence.
Rule 2- Look at the fuckheads that are never working, they are the loudmouths, but they can't fire them. They are LOUD mouths.
Rule 3- Al Sharptons never get fired. See Rule 2. NAACP will be after this place. I want to be Al Sharpton.
With Obama as President, does this mean whites can actually have equal standing as the blacks at DB?
Posted by guest , Nov 30, 2008 7:35AM
Asset management dumped a load of people on Friday.
Christmas parties in all locations either cancelled or downsized to dinner and " pay you own way at the post dinner club".
Posted by guest , Dec 03, 2008 6:02PM
the investment bank at DB isn't run by germans but by indians (if we want to make the question factually correct). not that that makes any difference to db's situation now - they've lost multiple times what they're admitting. db was a random collection of brainless bulldogs who for a few years believed they can play the system forever