“The Mood Is Pretty Hopeless”: Scene Outside Deutsche Bank Offices Evokes Lehman Collapse

That’s because like Lehman (which was destroyed by Wipro in the 2008 collapse), Deutsche Bank outsourced US jobs to India Incs long ago – with the same result of collapse + disaster ensuing now.

Everything India Inc touches dies.

It’s that simple.


“By some accounts, it was the largest mass banker firing since the collapse of Lehman, which left nearly 30,000 employees in New York City jobless. Although the American economy is doing comparatively well relative to Europe, across the world, DB employees might struggle to find work again in their same field”.

Few Americans know it was Wipro which killed Lehman in 2008.

Now the same thing is happening to Deutsche.

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