Daily Archives: October 21, 2013

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Deutsche Bank Talking To 50 Employees Over Libor: Report

Deutsche Bank Talking To 50 Employees Over Libor: Report

FRANKFURT (Reuters) – Deutsche Bank has started talks with some 50 employees as part of its investigation into possible manipulation of the Libor benchmark interest rate, a German newspaper reported.

The talks follow a probe by auditor Ernst & Young, which has over the past couple of months been checking emails and conversation in electronic chatrooms for irregularities, Handelsblatt reported in a pre-release of its Monday edition.

The staff are being allowed to bring lawyers or witnesses to the talks, the paper reported.

Deutsche Bank declined to comment on the report.

What if you could write your own loopholes? This is why Washington is broken.

From Sunday’s 60 Minutes segment on Congressional profitable PACs, corruption at it best:

http://www.cbsnews.com/video/watch/?id=50157523n