Can we trust our media to inform us of these facts? Now that the media, the BBC especially, are playing up the intervention from the Deutsche Bank and their Chief Economist David Folkert-Landau, it is worth pointing out that: 1) Deutsche Bank were involved in the LIBOR interest rate scandal * 2) DB ran up $92m of sub-prime mortgage lending prior to the 2008 financial crisis and subsequent depression ** 3) DFL & wife are friends of the Camerons (quelle surprise) 4) Deutsche Bank provided initial finance for the Auschwitz-Birkenau concentration camp *** 5) DFL is the co-author of the report making the headlines last year when he predicted that only Jesus could save the Eurozone. **** 6) He lied to the Bundestag (German parliamentary committee) in 2012 by saying that speculation in agricultural commodities was not putting up prices and therefore not contributing to the spread of hunger and malnutrition. However, a confidential internal document produced by Deutsche Bank Research – the department of which he was in charge – stated: Speculation has also contributed to price increases.” DB Research gave an express and unmistakeable warning of the consequences, “Such speculation can have grave consequences for farmers and consumers and is, in principle, unacceptable.” ***** Deutsche Bank think they can lecture us on risky behaviour? * theguardian/business/2013/mar/20/deutsche-bank-profits-subprime-mortgages ** publicintegrity.org/2011/04/18/4173/data-shows-deutsche-bank-was-key-patron-questionable-mortgage-lenders *** nytimes/1999/02/05/news/05iht-berlin.t.html **** business.financialpost/2013/03/14/only-jesus-can-save-the-eurozone-deutsche-bank/ ***** foodwatch.org/en/what-we-do/topics/speculation-with-foodstuffs/news/deutsche-bank-and-allianz-warned-by-own-research-departments-of-grave-consequences/?sword_list0=folkertslandau Chat conversation end Camera
Posted on: Sun, 14 Sep 2014 16:54:32 +0000
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