DB's counter argument?

Major fines have been levied on three financial houses – Merrill Lynch, Deutsche Bank and Goldman Sachs – following investigations into the alleged mis-selling of auction-rate securities.

The three have agreed to buy back the securities, and total fines of over $160 billion will be levied on the companies. The buy- back is scheduled to begin this October.

New York Attorney General Andrew Cuomo agreed the deal with Merrill chief executive John Thain in a meeting on Thursday, and explained that he had been prepared to begin a law suit against Merrill Lynch should the agreement not have been met.

http://www.boxforex.com/news/companies/3382.html

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Plead guilty.

Perhaps it is just you?

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Be well