Deutsche Bank Threatens US Justice Department: If you destroy our bank with your fine, it will destroy your own U.S. banking system
Superstation95.com
Oct 04, 2016
Deutsche Bank (DB) has allegedly told the US Justice Department (DOJ) they absolutely will not pay a fine of $14 Billion for rigging Mortgage Markets and if the US tries to press ahead with such a fine, they can expect the entire US Banking System to collapse.
DB is the largest center of Derivatives Contracts on planet earth, touching almost every mortgage loan on earth. If DB was to be crushed out of business by a US fine, all the banks in the US which rely on DB, would find themselves out in the financial cold. Commerce in the largest industries in the country — and in the world — would halt overnight due to lack of funding mechanisms.
Negotiations about a fine are expected to be ongoing this week, but the starting point is clear: DB will tell the US DOJ how this matter will be resolved and if the DOJ doesn’t comply, the entire United States Banking System will be brought to a halt.
Put simply, the DOJ will do as it’s told or the US government will find itself — and its entire country — financially destroyed.
As for Attorney General Loretta Lynch, DB may have a far simpler instruction: Step and fetch like you’re supposed to.
