I'm in Awe at How Fast Deutsche Bank is Coming Unglued

http://wolfstreet.com/2016/07/06/deutsche-bank-crisis-coco-bonds-shares-new-low-bond-buybacks/

CoCo bonds, designed to be "bailed in" so that taxpayers don't have to foot the entire bill, are a measure of how likely investors think a bail-in is... The crashing shares and CoCos have a gloomy importance. Deutsche Bank will need to raise more capital to rebuild its buffer, fund more bad-loan losses, and pay more legal settlements for wrong-doing that keeps oozing from the woodwork. ''