Deutsche Bank Agreed to Pay $7.2 Billion Fines For Mortgage Securities Scam

[think]

DEUTSCHE BANK AGREED TO PAY $7.2 BILLION FINES FOR MORTGAGE SECURITIES SCAM

By Simone Read - December 26, 2016

According to latest publication Germany’s lender Deutsche Bank announced to agree a $7.2 billion payment to US establishments over a probe into mortgage-backed securities.

The figure still, which still require final sanction, is way down from the $14 billion the US had asked the bank to pay in September.

These fines had raised concerns that a letdown of the bank could pose a risk to the worldwide fiscal system.

Recently Credit Suisse also revealed a similar transaction, though Barclays is now under probe as well....


Read more:
http://reviewfortune.com/2016/12/26/deutsche-bank-agreed-to-pay-7-2-billion-fines-for-mortgage-securities-scam/

[Dustlawyer]

1. Pay a fine, pay another fine... Rinse repeat ad nauseam.

Take their asses to court and reveal the emails, the evidence. Prosecute the individuals responsible so they will finally STOP!

The DOJ won't do it because they are compromised as well!

As I keep saying, it all stems from the root cause of money in our politics. We allow legal bribery of our politicians and elected judges. When will enough Americans figure this out? I am so GD tired of this shit!

[think]

2. It's very frustrating. And now we have Trump....