SEC Commissioner Furious At Deutsche Bank’s “Decade Of Lying, Cheating, And Stealing”

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SEC Commissioner Furious At Deutsche Bank’s “Decade Of Lying, Cheating, And Stealing” (ZeroHedge, May 5, 2015):

“Deutsche Bank’s illegal conduct involved nearly a decade of lying, cheating, and stealing. This criminal conduct was pervasive and widespread, involving dozens of employees from Deutsche Bank offices including New York, Frankfurt, Tokyo, and London. Deutsche Bank’s traders engaged in a brazen scheme to defraud Deutsche Bank’s counterparties and the worldwide financial marketplace by secretly manipulating LIBOR. The conduct is appalling. It was a complete criminal fraud upon the worldwide marketplace.” 

– SEC Commissioner Kara Stein

1 thought on “SEC Commissioner Furious At Deutsche Bank’s “Decade Of Lying, Cheating, And Stealing”

  1. The Securities and Exchange Commission is angry at the German banks doing the same thing US banks are doing?

    Those in glass houses ought not to throw stones…….

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