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Will the EU Banking Meltdown Trigger a 2008-Type Crash?

On Friday stocks soared on rumors that the US Department of Justice would reduce its $14 billion fine on Deutsche Bank. Turns out the rumor was a fabrication. As the Wall Street Journal noted over the weekend, NO senior decision making people at either the DoJ or DB have even seen a potential deal yet. No Deal Between Deutsche Bank, DOJ Presented to Senior Decision-Makers Deutsche Bank AG’s talks with the U.
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