Login | Register

Most Popular Choices

61

SEC Only Now Investigating CDOs Created At Deutsche Bank

Quicklink Submitted By Amanda Lang No comments

Amanda Lang

Become a Fan
(9 fans)

Der Spiegel reports that the US Securities and Exchange Commission is investigating Deutsche Bank. 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. Goldman Sachs settled a suit with the SEC in a similar case for $550 million.

Read the rest of the story HERE:

At www.nakedcapitalism.com

Rate It | View Ratings

Amanda Lang Social Media Pages:

OpedNews volunteer from 2005 to 2013.

Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.

Related Topic(s): Banking Crime; Credit Default Swaps; Deutsche Bank; Global Financial Panic 2007; Spiegel, Add Tags

Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Contact Author

Contact Editor

Author Page

View Authors' Articles

OpEdNews ~~depends upon~~ can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.

To View Comments or Join the Conversation:

Congress Switchboard: 202-224-3121

To remove advertising from OpEdNews, please become a premium member.

"Fascinating, eye-opening, and extraordinary, Rob Kall's Bottom Up: Tapping the Power of the Connection Revolution explores the emerging paradigm of our age -- bottom-up thinking -- connecting an enormous range of disciplines and topics from systems, chaos, and complexity theories to the evolving role of technology in our lives. Not merely a cogent exposition of contemporary thinking, however, Bottom Up extrapolates from abstract ideas to derive practical, everyday steps we can take to improve our chances of global survival, peace, and prosperity. Following Rob's lead, we can change habits as individuals to deepen our connection with others across the planet."

Wendell Potter, former health insurance executive, co-author of Nation on the Take: How Big Money Corrupts Our Democracy and What We Can Do About It, and Founder of Tarbell.org

Art Instruction for People
At All Skill Levels

Top Content
in the Last 2 Days
(by Page Views)

Tomgram: Eric Ross, Living on Borrowed Time by Tom Engelhardt ( With membership, you can see # of pageviews)

How Israel denies even study of our nature & more Posted by DR MAZIN QUMSIYEH ( With membership, you can see # of pageviews)

The Myriad Ways You Can Help OpEdNews by Rob Kall ( With membership, you can see # of pageviews)

The Big Question About the UN Security Council's Gaza Ceasefire Resolution by Thomas Knapp ( With membership, you can see # of pageviews)

Eating Healthy is Do-able / Eating healthily on the fly (plus thoughts on hypoglycemia) by Gary Lindorff ( With membership, you can see # of pageviews)

A Confession from Tech Bro Gerry McGovern by Katie Singer ( With membership, you can see # of pageviews)

The World Loses a Different Drummer: Remembering Rob Hirst by Carl Petersen ( With membership, you can see # of pageviews)

New Scam Using AI to Create Celebrity Ads Selling Fake Health cures by Rob Kall ( With membership, you can see # of pageviews)

Must watch about Epstein and more Posted by DR MAZIN QUMSIYEH ( With membership, you can see # of pageviews)

The Eclipse as Cosmic Muse by Meryl Ann Butler ( With membership, you can see # of pageviews)

The Awful Transformation of Bernie Sanders by earl ofari hutchinson ( With membership, you can see # of pageviews)

Rhyme of the Addled Mariner by Bob Gaydos ( With membership, you can see # of pageviews)

The End of Recessions in the United States? by Joel Joseph ( With membership, you can see # of pageviews)

End the 1917 Espionage Act by John Hawkins ( With membership, you can see # of pageviews)

Iraq under threat from Trump, ISIS prisoners from Syria, and possible US-IRAN war by Steven Sahiounie ( With membership, you can see # of pageviews)

Wholly employee owned non-profit corporations. by paul tuten ( With membership, you can see # of pageviews)

Why Isaiah and Jesus Sound Like Marx (Again) by Mike Rivage-Seul ( With membership, you can see # of pageviews)

On the Road to Nuclear War by Lawrence Wittner ( With membership, you can see # of pageviews)

Empower Grand Jury to Hear 9/11 Evidence of Federal Crimes by Lance Ciepiela ( With membership, you can see # of pageviews)

Dr. Jensen's Method: The Flaw at the Core of US Education by John Jensen ( With membership, you can see # of pageviews)

Looking at myself by Gary Lindorff ( With membership, you can see # of pageviews)

Springsteen Pens New Minneapolis Protest Song Overnight by Meryl Ann Butler ( With membership, you can see # of pageviews)

Some Advice for Iran by Philip Kraske ( With membership, you can see # of pageviews)

ICE Must Only Use Non-Lethal Force by Joel Joseph ( With membership, you can see # of pageviews)

Terrorist in Chief by Harvey Weinberg ( With membership, you can see # of pageviews)

Go To Top 50 Most Popular

Ad info: click here

opednews.com

Classics of Liberal Thinking

Progressive Radio Links