Stacy Summary: Deutsche Bank being investigated for role in alleged credit derivatives manipulation. I don’t think the SFO has ever been able to successfully investigate a single major bank or hedge fund. Let’s see if they can find anything that might jeopardise the City’s role in global derivatives fraud.
Stacy Summary: As Max says, “this is a fraud crisis”
Stacy Summary: It is starting to look a lot like neo-feudalism.
- RBS announces more job cuts in order to ward off shareholder revolt over Sir Fred Goodwin’s £17 million pension