Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#1

Post by ashish-gandhi » Thu, Jun 20, 2019, 2:27 AM UTC

Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses
nytimes.com

Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#2

Post by jpz » Thu, Jun 20, 2019, 5:27 AM UTC

Isn't this off topic?

https://news.ycombinator.com/newsguidelines.html

Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#3

Post by roschdal » Thu, Jun 20, 2019, 5:28 AM UTC

jpz wrote: post #2

Isn't this off topic? https://news.ycombinator.com/newsguidelines.html

I think it's relevant.

Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#4

Post by groceryheist » Thu, Jun 20, 2019, 6:02 AM UTC

jpz wrote: post #2

Isn't this off topic? https://news.ycombinator.com/newsguidelines.html

Seems pertinent to discussions of Facebook's new cryptocurrency pseudo-bank no?

Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#5

Post by digitaltrees » Thu, Jun 20, 2019, 6:21 AM UTC

Blah blah. Nothing will happen. They will pay a fine of 0.00000% of revenue and go about their business. They will still have full access to all markets, the fed discount window for low interest credit and every legal protection of a “person” under law.

Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#6

Post by pinkfoot » Thu, Jun 20, 2019, 7:10 AM UTC

Let's see if their CFO is arrested in a third country.

Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#7

Post by bicepjai » Thu, Jun 20, 2019, 7:37 AM UTC

U should listen to this https://castro.fm/episode/tHImy5

Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#8

Post by Quequau » Thu, Jun 20, 2019, 7:38 AM UTC

digitaltrees wrote: post #5

Blah blah. Nothing will happen. They will pay a fine of 0.00000% of revenue and go about their business. They will still have full access to all markets, the fed discount window for low interest credit and every legal protection of a “person” under law.

Yeah, "Potential Money-Laundering Lapses" is a interesting phrase to use to describe a systemic and long running criminal conspiracy. Sounds like we're most of the way there to the "Nothing will happen" part.

Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#9

Post by ptah » Thu, Jun 20, 2019, 8:04 AM UTC

surely if a corporations are persons and they get convicted of money laundering then they should be incarcerated and not fined. for a corporation incarceration would mean shuttering the entire operation for the sentence period

Re: Deutsche Bank Faces Criminal Investigation for Potential Money-Laundering Lapses

#10

Post by DigitalTerminal » Thu, Jun 20, 2019, 8:13 AM UTC

“Lapses”? Really? That’s what we are calling crimes now?