German prosecutors have raided offices belonging to Deutsche Bank as part of an investigation into a tax evasion scheme involving the trading of carbon permits. The Frankfurt prosecutor’s office said 25 employees of the bank were suspected of serious tax evasion, money laundering and obstruction of justice. Arrest warrants have been issued for five of those employees.
JPMORGAN CHASE ADMISSION: SCHEDULE OF LOANS PURCHASED FROM WAMU DOES NOT EXIST!! NO EVIDENCE OF TRANSFERRING OWNERSHIP OF LOANS FROM WAMU TO CHASE. You can make a Debt Collector pay you & and this one way is free!!
Breuer this week signed off on a settlement deal with the British banking giant HSBC that is the ultimate insult to every ordinary person who’s ever had his life altered by a narcotics charge. Despite the fact that HSBC admitted to laundering billions of dollars for Colombian and Mexican drug cartels (among others) and violating a host of important banking laws (from the Bank Secrecy Act to the Trading With the Enemy Act), Breuer and his Justice Department elected not to pursue criminal prosecutions of the bank, opting instead for a “record” financial settlement of $1.9 billion, which as one analyst noted is about five weeks of income for the bank.