Wednesday, October 8, 2014

U.S., U.K. Regulators Push to Settle Deutsche Bank Libor Case This Year


My Orchids. Phalaenopsis "Libor". Photo ET














































The Wall Street Journalreports about the sequel of the well-known Libor affair. By coincidence, this might be a good on the job training for Luxembourg’s former Minister of Finance/Justice etc. Luc Frieden to handle a hot potato, as he just joined Deutsche a month ago, in a much commented abandonment of his elected position as a Member of Parliament. A position as a member of the opposition, for which he declared himself unfit was unbearable according to recent interviews: there was only one choice, member of the government or nothing. 




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