RMBS fraud

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Former Deutsche Bank head subprime mortgage bond trader fires back at U.S. fraud charges

Sep 12, 2017By

Paul Mangione, the former head of subprime mortgage trading at Deutsche Bank who stands accused over overseeing systemic mortgage bond fraud during the run-up to the financial crisis, says that the government kowtowed to public pressure to see individuals held responsible for the financial crisis by filing lawsuit against him that is wrong, unfair, and without merit.

3d rendering of a row of luxury townhouses along a street

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