Chaos in German Banking (Surprise Surprise)

News has leaked of massive fraud on the part of Deutsche Bank, as unscrupulous investment bankers have attempted to hide huge losses in the insurance sector through the creation of junk debt securities.
The insurance sector is in huge crisis after the chaos in East Germany and Berlin.

There has been a run on every branch in Deutsche Bank in Germany and many others in neighbouring countries as desperate depositors seek to withdraw their money from the ailing bank.

The banks CEO has resigned and its board of governors have called on the Federal Government to secure a bailout package.

The effects on the wider global economy could be severe.