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So many organizations, so many acronyms, so much talk, but nothing is getting done. This: The results were dramatic. Deutsche Bank shifted $32 billion of troub
by fallentimes 18y ago
So many organizations, so many acronyms, so much talk, but nothing is getting done. This:
The results were dramatic. Deutsche Bank shifted $32 billion of troubled assets, turning a $970 million quarterly pretax loss into $120 million profit. And the securities markets were fooled, bidding Deutsche Bank's shares up nearly 19 percent on Oct. 30, the day it made the startling announcement that it had turned an unexpected profit.
is exactly what these organizations were supposed to stop. Instead they _knowingly_ allowed it.