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It presents new details about the activities of Goldman Sachs, Deutsche Bank, Moody's, and other companies preceding the financial crisis. Former NY Governor Eliot Spitzer says that if the Attorney General cannot bring a case against Goldman Sachs, after the revelations of the Levin-Coburn report, then he should resign. [245]
[12] Deutsche Bank took out a $5 billion short position against the RMBS market from 2005 to 2007, earning a profit of $1.5 billion. The case studies of these two investment firms also show that even as mortgage delinquencies increased in 2008, the banks continued to heavily market CDOs and RMBS securities to their clients.
The Gladbeck hostage crisis or Gladbeck hostage drama was a bank robbery and hostage-taking that took place in northwestern West Germany from 16 to 18 August 1988. Two men with prior criminal records – Hans-Jürgen Rösner and Dieter Degowski – robbed a branch of the Deutsche Bank in Gladbeck, North Rhine-Westphalia, taking two employees as hostages. [2]
Deutsche Pfandbriefbank, or PBB, a German lender focused on real estate, has set aside more money for bad debts as it braces for what it says is the worst decline in commercial property values in ...
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Highland Community Bank Chicago: Illinois: January 23, 2015: United Fidelity Bank, FSB 54.7 3 Capitol City Bank and Trust Atlanta: Georgia: February 13, 2015: First-Citizens Bank and Trust Company 272.3 4 Doral Bank: San Juan: Puerto Rico: February 27, 2015: Banco Popular de Puerto Rico 5,900 5 Edgebrook Bank Chicago Illinois May 8, 2015 ...
CHICAGO — Here’s how much of a fan Susan Friedman is of “The Daily Show”: Back in 2010, the Chicago resident decided, on a whim, to drive to Washington, D.C. for the day in order to attend ...
Headquarters of AIG, an insurance company rescued by the United States government during the subprime mortgage crisis "Too big to fail" (TBTF) is a theory in banking and finance that asserts that certain corporations, particularly financial institutions, are so large and so interconnected that their failure would be disastrous to the greater economic system, and therefore should be supported ...