Josh Sigurdson talks with author and economic analyst John Sneisen about the recent lawsuit that saw Deutsche Bank in court for being an “international criminal organization.”
In 2016, Deutsche Bank was found guilty in court for rigging/manipulating both the silver and gold markets. This led to other banks including Bank of America, Scotia Bank, HSBC, BNP Paribas and others caught red-handed in collaboration on this market rigging.
Now Deutsche Bank is on trial in Milan for helping Banca Monte dei Paschi conceal losses and currently facing further accusations that it was actually running an “international criminal organization” at the time.
Prosecutors have been using internal Deutsche Bank documents and e-mails to convince a three-judge panel to rule that there were additional, aggravating circumstances to the charges the German lender already faces regarding various derivatives transactions.
This is precisely why we at WAM have been on Deutsche Bank’s case for so long, calling out their 75 trillion dollar derivative exposure at the beginning of 2016 and their continued criminal activity, shoving people into further debt as the derivative bubble gets ready to burst.
This is a blatant attack on free individuals and goes to show how these all-powerful lenders continue to manipulate the markets into oblivion and force people into debt slavery.
We will continue to report on this breaking story!