Deutsche Bank Slapped With $14 Billion Fine By DOJ Over Mortgage Probe

Blowback? Just a few weeks after the EU slapped Apple with a $14 billion bill for “back taxes,” the U. S. has apparently responded with a $14 billion fine of their own to Deutsche Bank to settle an outstanding probe into the company’s trading of mortgage-backed securities during the financial crisis.

This post was published at Zero Hedge on Sep 15, 2016.