Hole cards

8 Aug 2008 By Jeffrey Goldfarb

Two huge US loans have gone bad for the German bank. It looks set to emerge quickly from the Macklowe mess in Manhattan. A Las Vegas development may yet pay off, although Deutsche could get stuck holding a bad hand. Worse, its ability to read borrowers and risk looks weak.

This content is for Subscribers only

or
If you need assistance please email breakingviews.clientsupport@thomsonreuters.com
 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)

We need you to verify your email address to continue. Please check your email/junk folder for our verification request.

Click here to resend the verification email.