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Deutsche Bank Settles With DOJ: Will Pay $3.1 Billion Civil Penalty

Deutsche Bank Settles With DOJ: Will Pay $3.1 Billion Civil Penalty

With analyst expectations/hopes in the $2 to $5 billion range (against the initial $14 billion fine), Deutsche Bank said it has reached settlement with US authorities to pay a $3.1 billion civil penalty (and provide $4.1bn in releief to consumers). Removing considerable uncertainty about Deutsche's capital position, one wonders how much this remarkably low-ball settlement had to do with Donald Trump's current loan re-negotiations with the "world's most systemically dangerous bank."

The US Presidency: How Important Is Hillary's 2,864,974 Popular-Vote Win?

The US Presidency: How Important Is Hillary's 2,864,974 Popular-Vote Win?

Submitted by Eric Zuesse via Strategic-Culture.org,

California alone accounted for all of Hillary’s popular-vote win, plus 1,405,004 votes

America’s Electoral College - the publicly elected representatives who select the U.S. President - voted on Monday, December 19th, and chose Donald Trump as America’s next President, though Hillary Clinton had won nearly three million more of the nation’s popular votes on November 8th than he did.

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