Tag Archives: deutsche

Goldman Sachs Group Inc. (GS), Deutsche Bank AG (DBK) and JPMorgan Chase & Co. (JPM), which bundled and sold billions of dollars of mortgage loans, now want to help investors bet on people’s deaths.

Death derivatives emerge from longevity risk

UK’s Serious Fraud Office looking at Deutsche Bank role in alleged Kaupthing credit default swap manipulation

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.

Headlines, Headlines, Headlines – 28 April 2009

Stacy Summary: As Max says, “this is a fraud crisis”

Milan financial police seize $620 million from JPMorgan, UBS & Deutsche in alleged swaps fraud

AIG’s fall: Bad business or criminal acts?

Swine flu outbreak linked to factory farming

Lehman notes were sold to the mentally ill

Headlines, Headlines, Headlines – 03 April 2009

Stacy Summary: It is starting to look a lot like neo-feudalism.

Gordon Brown hails creation of ‘new world order’

RBS announces more job cuts in order to ward off shareholder revolt over Sir Fred Goodwin’s £17 million pension

What the French revolution can teach America about populist rage at bankers (subscription)

Did the ECB help Deutsche Bank meet its Comex delivery obligations?

ECB hints that it may start printing money

Costa Rica, Uruguay, Malaysia and Phillipines named and shamed as tax havens

Calpers gamble (with other people’s money) sours as private equity doubles down

US job total job losses hits 5 million

Sir Fred Goodwin a ‘benefit scrounger’ say angry shareholders

Weimar 1923, World 2009