Tag: Speculation

The Putrid Smell From LIBOR Rigged European Banks: Lies, Damned Lies, Deutsche Bank Caught Again!

Deutsche Bank, long coddled by the German government, is mired in a swamp of costly “matters,” such as the Libor rate-rigging scandal or the carbon-trading tax-fraud scandal that broke with a televised raid by 500 police officers on its headquarters. It’s writing down assets and setting up reserves to settle these allegations. The International Banking…