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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: Winfastorlose who wrote (10646)3/25/2023 2:39:07 AM
From: elmatador1 Recommendation

Recommended By
Winfastorlose

   of 13775
 
US authorities have fined Deutsche Bank for as much as $14 billion for alleged improprieties involving mortgage-backed securities — a fine almost as large as the firm's market value.


That stoked rumors that Germany may need to bail the bank out — something authorities denied.



The US is a fine country LOL!

The firm's shares have suffered since news of the fine broke, but are currently in recovery mode following a report that the German government is pursuing talks with US authorities to help settle the fine quickly.
Oct 6, 2016,

https://www.businessinsider.com/el-erian-deutsche-bank-is-not-lehman-2016-10?r=US&IR=T
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