According to an article in the Huffington Post, the US Government is going after Deutsche Bank for at least $1 Billion for fraud:
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The Justice Department sued Deutsche Bank AG, one of the world's 10 biggest banks by assets, on Tuesday for at least $1 billion for defrauding taxpayers by "repeatedly" lying to a federal agency when securing taxpayer-backed insurance for thousands of shoddy mortgages.
MortgageIT, a subsidiary of Germany's largest lender, egregiously violated federal rules that came with government backing on more than 39,000 mortgages worth more than $5 billion since 1999, according to the lawsuit filed in Manhattan federal court.__________
This could have an interesting impact on world markets if it's the start of an ongoing accountability initiative...(I know - wishful thinking...)
Keep in mind, Deutsche Bank is one of core members of the Thieves Guild.
