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Dual Role in Housing Deals Puts Spotlight on Deutsche.

Authors :
Mollenkamp, Carrick
Ng., Serena
Source :
Wall Street Journal - Eastern Edition. 8/3/2010, Vol. 256 Issue 28, pA1-A14. 2p. 1 Black and White Photograph.
Publication Year :
2010

Abstract

The article discusses the role of financial firm Deutsche Bank AG in the collapse of the U.S. mortgage-bond market. At the same time Deutsche Bank was creating and selling mortgage securities to one group of clients, it was advising other clients to invest in a manner that would be profitable should those securities fall in value.

Details

Language :
English
ISSN :
00999660
Volume :
256
Issue :
28
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
52631554