40 Years In The Deserr: Deutsche Bank Writes Off $3.12 Billion in US Mortages

Thursday, October 4, 2007

Deutsche Bank Writes Off $3.12 Billion in US Mortages

People keep claiming that the Subprime mortgage meltdown is over. It is not.

We will see more, and from higher grade loans, both in and out of the real estate market.

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Matthew Saroff, Mechanical Engineer, Owings Mills, Maryland, US
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A member of the Democratic wing of the Democratic party, and a fan of Bernie who thinks Neoliberal (DLC/New Dem) trickle down conomics sucks.

Mechanical Engineer with a background in defense, electronics packaging, medical & food equipment, transportation, and manufacturing.

I have two cats, a black cat, and a gray and white long hair cat, who keep me on my toes. (Because he keeps attacking my feet)

I am a Jew and a Zionist, who is married to a woman with exquisitely bad taste in men, and I have two remarkable children with her.

Thursday, October 4, 2007

Deutsche Bank Writes Off $3.12 Billion in US Mortages

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