Jump to content
House Price Crash Forum

U S Tries To Sue Deutsche Bank For 1,000,000,000 Usd


Recommended Posts

Rather than deeply analyze the internal makeup of these CDOs, they were content to trust the AAA ratings of Moodys and Standard & Poors. To them, it was like insuring US Treasuries, and so they considered their regular income stream of insurance premiums to be easy profits.

Unfortunately, they were right :(

Link to post
Share on other sites

Knew a bunch of London based Deutsche Bankers 2000 -2006. They were relatively inexperienced guys in their early 30's playing all kinds of games with people's money. The head of the bank had to kick their arses over a derivatives scam. But they didn't lose their jobs or accompanying stratospheric salaries.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.