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Deutsche Bank agrees to $7.2b settlement over mortgage fraud, no one jailed
Monday, December 26, 2016 1:45
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Deutsche Bank has agreed to a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis. The agreement in principle, announced by Deutsche Bank’s Frankfurt headquarters early Friday morning, offers some relief to the German lender, whose stock was hit …
Source: http://www.hangthebankers.com/deutsche-bank-settlement-mortgage-fraud/
