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Update 1: John the Two..

December 22, 2010

Just in from Ross’s feed on the NYT —
Deutsche Bank Settles Tax Fraud Case:

Germany’s largest bank agreed on Tuesday to pay a $553
million fine for its involvement in fraudulent tax shelters
in a settlement with the Department of Justice in which
Deutsche Bank admitted to criminal wrongdoing. The New York
Times first reported the criminal investigation in February
2006.

Well done all round. Is what I say.. Deutsche, DoJ and the Times. Merry Christmas all!

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