Meanwhile, the US Securities and Exchange Commission is also investigating Deutsche Bank , SPIEGEL reports. According to financial regulatory sources, the bank launched one CDO transaction called "START" in which it allegedly allowed the hedge fund of US speculator John Paulson to choose junk mortgage securities against which he could speculate -- without the other investors knowing about it.
Deutsche Bank's Equivalent of Goldman's ABACUS Fiasco Is Finally Here
Posted by mortgage 111 days ago (Editorial)
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