Flurry of Settlements Over Toxic Mortgages May Save Banks Billions

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Flurry of Settlements Over Toxic Mortgages May Save Banks Billions

Deutsche Bank on Wall Street. Investors were relieved this week when the bank reached a $7.2 billion settlement with the Justice Department to end an investigation into the sale of toxic mortgage securities.

By LANDON THOMAS Jr. and JACK EWING

Full Story at http://www.nytimes.com/2016/12/23/business/dealbook/deutsche-bank-mortgages-justice-department.html?partner=rss&emc=rss

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