Monday, 25 September 2017

K Knowledge

Derivative Risk Exposure of Major Banks to Deustche Bank

  • Released: 2016-09-14 14:42:15
  • Level: Advanced
  • Duration:
  • Price: $ 250 (Free for students of European Bank Contagion Assessment, Forensic Analysis & Valuation)
  • Lesson Release: All at once
Certificate:

No certificate is given for this course

This course is FREE for students of the following courses:
European Bank Contagion Assessment, Forensic Analysis & Valuation
Are you a student of any of these courses?
Not a student?

Table of Contents

Viewed
Level
An Analysis of the Risks of Deutsche Bank and its Counterparties

Description

Deutsche Bank and its Counterparties:

Trouble has mounted for the largest and (supposedly) strongest bank in Germany with huge losses and write offs over the past few quarters. A few years back, Deutsche Bank (DB) would have never been imagined to be one of the banks that would fall to the level of a bank that has reported the earnings it recently reported for its Q2 2016.

This knowledge module does a deep dive of DB's risks, and analyzes who's exposed to them and what that exposure means in terms of risk. A complete valuation of a major counterparty is contained to the precursor to this course.

 

Price

Plan Name Price
Unlimited: $ 250

Teacher

Reggie Middleton

Who is Reggie Middleton?

As per Wikipedia:

Reggie Middleton is an American financial analyst who is the founder and editor of the financial blog, Boom Bust Blog.[1]


Until 2011, he wrote about financial evaluation and the global financial crisis at the 
Huffington Post.[11] According toForbes, Middleton "combines self-promotion with meticulous financial analysis that is often delivered with a whiff of bathroom humor".[12]He regularly appears on CNBC,[2] Bloomberg[3][4][5] and on the Keiser Report[6][7] to discuss his research and opinions, and has also been interviewed on CNN[8] and BBC World News.[9][10]

Eric Sprott, CEO of Sprott Asset Management, a Toronto firm that manages a fund of $5 billion, said of Middleton: “His work is so detailed, so accurate, it's among the best in the world".[13]

Biography[edit]

Middleton is an alumnus of the Howard University with a bachelor's degree in business management.[14][15]

He now resides in New York City.

Career[edit]

After graduation from university, Middleton worked for Prudential Insurance and trained in the sale of financial products. Since then, he was worked in the fields of financial securities and risk management. He was also a significant investor in residential real estate.

Middleton is known for making predictions about the crash of markets and large financial institutions long before they occur. Aaron Elstein of Crain's New York Business said "Mr. Middleton has been startlingly accurate in the past. He forecast the collapse of the housing market in 2007, and in early 2008 warned of the demise of Bear Stearns weeks before it happened. Earlier this year, he said that Ireland's finances were in terrible shape long before Standard & Poor's got around to downgrading that nation's credit rating."[16]

I

 

n 2008, he founded Boom Bust Blog, and claims to have over 3000 paying subscribers.[17]

In February 2013, he won CNBC's first-ever stock draft competition, beating out six other traders.[18]

Notable Calls, Investments and Analyses

2007

In 2007, Reggie Middleton predicted the collapse of the US housing market,[19] specifically warning of potential failure in exposed banks such as Bear Stearns, Countrywide and Washington Mutual as well as prominent publicly traded home building companies including DHI, Horton and Lennar.[20] In addition, he delved into the homebuilding industry with a rare specificity in "Lennar, Voodoo Accounting & Other Things of Mystery and Myth!",[21] where he brought to the attention of the public potentially abusive use of off balance vehicles. He called for collapse of the US commercial real estate market in November 2007 [22] and GGP (General Growth Properties, then the second largest commercial mall REIT in the country) in particular,[23] who sported an investment grade rating and $60 per share equity price at the time of Reggie's prediction only to file for bankruptcy less than a year later. Reggie Middleton also actively opined on the collapse of US monoline insurers, whose share prices dropped to single digits from triple digits after Middleton's prognostications [24][25]

2008

Reggie Middleton is well known for being one of the very few to call the collapse of Bear Stearns in January 2008 [26] and the collapse of Lehman Brothers.[27]Widely known as a contrarian investor, he has gone against mainstream sentiment quite often, most notably in his call to short Goldman Sachs [28] and Apple in 2011.[29] He went bearish on the entire US regional banking sector in 2008, naming 32 banks which he felt were at risk [30]

2010

One of his most controversial calls was the impending financial collapse of a large portion of the European Union, which at the time of the initial call was highly contrarian and considered overly bearish.[31] After giving a presentation of his thoughts and analysis as the keynote speaker at ING's Valuation Conference in Amsterdam,[32] no less than six EU nations have sought bailouts due to dire financial straits. Although known primarily for his work in financial, real estate and banking matters, Middleton forecast the impending "mobile computing wars" in which he claimed Apple, Google and Microsoft will battle for supremacy in the cellular handset and tablet market.[33] He accurately called the fall of Research in Motion (RIMM), the maker of the Blackberry, now known simply as Blackberry, while it was trading over $40 per share.[34]

2011 and 2012

Reggie Middleton's most notorious prediction was the collapse of Apple's share price [35] and its loss of significant market share to Google.[36] Apple dropped nearly 40% in price while Google came close to doubling [37]

2013

Middleton has exposed cases of material omissions and misrepresentations in regard to EU bank's financial reporting, particularly as relates to debt, borrowings and encumbrances.[38]

References

  1. Jump up^  http://www.crainsnewyork.com/article/20100418/SUB/304189954
  2. Jump up^  http://www.youtube.com/watch?v=VS6z7Db6cx0&feature=player_embedded
  3. Jump up^  http://www.youtube.com/watch?v=iLKYxfxHpuY&feature=player_embedded
  4. Jump up^  http://www.youtube.com/watch?v=2GuGnWcQios
  5. Jump up^  http://www.youtube.com/watch?v=8dHPOWjZaTQ
  6. Jump up^  http://www.youtube.com/watch?v=K7LhFY_06RY
  7. Jump up^  http://www.youtube.com/watch?v=w6B4lyaoUPA
  8. Jump up^  http://edition.cnn.com/video/?/video/business/2009/05/07/dcl.bloggers.banks.stress.test.cnn
  9. Jump up^  http://www.youtube.com/watch?v=5HqB1y45ppI&feature=player_embedded
  10. Jump up^  http://www.youtube.com/watch?v=safSnUzTYfI&feature=player_embedded
  11. Jump up^  http://www.huffingtonpost.com/reggie-middleton
  12. Jump up^  http://www.forbes.com/2009/03/01/short-stocks-middleton-personal-finance-investing-ideas_reggie.html
  13. Jump up^  http://www.crainsnewyork.com/article/20100418/SUB/304189954
  14. Jump up^  http://www.forbes.com/2009/03/01/short-stocks-middleton-personal-finance-investing-ideas_reggie.html
  15. Jump up^  http://www.huffingtonpost.com/reggie-middleton
  16. Jump up^  http://www.crainsnewyork.com/article/20100829/SUB/308299988
  17. Jump up^  http://www.boombustblog.com/press-room
  18. Jump up^  http://www.youtube.com/watch?v=VS6z7Db6cx0
  19. Jump up^  http://boombustblog.com/BoomBustBlog/Will-the-commercial-real-estate-market-fall-Of-course-it-will.html
  20. Jump up^  http://boombustblog.com/reggie-in-the-news/item/4
  21. Jump up^  http://boombustblog.com/reggie-in-the-news/item/141
  22. Jump up^  http://boombustblog.com/BoomBustBlog/Will-the-commercial-real-estate-market-fall-Of-course-it-will.html
  23. Jump up^  http://boombustblog.com/BoomBustBlog/The-Commercial-Real-Estate-Crash-Cometh-and-I-know-who-is-leading-the-way.html
  24. Jump up^  http://boombustblog.com/reggie-in-the-news/item/43
  25. Jump up^  http://boombustblog.com/reggie-in-the-news/item/51
  26. Jump up^  http://boombustblog.com/reggie-in-the-news/item/128
  27. Jump up^  http://boombustblog.com/reggie-in-the-news/item/154
  28. Jump up^  http://boombustblog.com/reggie-in-the-news/item/1518
  29. Jump up^  http://www.boombustblog.com/blog/item/6222-deconstructing-the-most-accurate-apple-analysis-ever-made-share-price-market-share-strategy-and-all
  30. Jump up^  http://boombustblog.com/reggie-in-the-news/item/363
  31. Jump up^  http://boombustblog.com/reggie-in-the-news/item/3201
  32. Jump up^  http://www.youtube.com/watch?feature=player_embedded&v=LdGdyEQYoe8
  33. Jump up^  http://boombustblog.com/reggie-in-the-news/item/3495
  34. Jump up^  http://boombustblog.com/reggie-in-the-news/item/2947-2947
  35. Jump up^  http://www.youtube.com/watch?feature=player_embedded&v=8bJK95ECyBA
  36. Jump up^  http://www.youtube.com/watch?feature=player_embedded&v=VS6z7Db6cx0
  37. Jump up^  http://www.youtube.com/watch?v=5TDvN12Mmb8
  38. Jump up^  http://boombustblog.com/blog/item/9049-are-you-about-to-get-cyprusd-in-ireland?-when-a-single-words-worth-billions-of-euros

External links[edit]

Quiz Status
Viewed
Duration
Level
An Analysis of the Risks of Deutsche Bank and its Counterparties
This course is FREE for students of the following courses:
European Bank Contagion Assessment, Forensic Analysis & Valuation
Are you a student of any of these courses?
Not a student?
Powered by: Guru: Joomla LMS

Contact

Veritaseum

1-718-407-4751

info@veritaseum.com