Ugly Duckling Becomes A Swan

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A slight change of pace in the markets today as Crude continues its downward trend, causing layoffs and cutbacks in major oil companies, and small-scale oil companies across the globe, and it seems like the Banking issues that were supposedly ironed out years ago have resurfaced, and this time it is the U.S.A. suing the Deutchse Bank, and some other banks for close to 190 Million, as allegations for establishing Shell Companies for tax-writeoffs continues to be a question.  However, the U.S.A., who has had to improve their own internal watchdog skills due to a high level of international fraud and tax evasion is battling to get a grip on the international tax regime.

 

The NASDAQ reports:  

http://www.nasdaq.com/article/us-files-suit-against-deutsche-bank–2nd-update-20141208-01094

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