Sunday, May 8, 2011

U.S. Government Sues Deutsche Bank

The U.S. government is suing Germany's Deutsche Bank, claiming it lied in order to join a federal mortgage program. The government says Deutsche Bank profited from the resale of mortgages and left taxpayers to absorb hundreds of millions of dollars in insurance claims.

Source: http://www.npr.org/2011/05/03/135963054/u-s-government-sues-deutsche-bank?ft=1&f=1006

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