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SEC fines Deutsche Bank for leveraged super senior valuation

Wednesday, May 27, 2015

The SEC yesterday fined Deutsche Bank $55 million for understating its exposure to leveraged super senior credit default swaps during the crisis

TAGS: Deutsche Bank

Comment by: Anonymous. Posted 9 years ago [2015-05-28 00:57:00]

So the old DB method was: "if you don't know how to value a trade, call it zero." It does have a certain simplicity ....

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