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...“Trust was shaken today,” Deutsche Bank chief european economist Thomas Mayer told the New York Times. As one executive of a major global bank said later, “It was something none of us had experienced....
...More legal wrangling until June 2011, when BofA agrees a settlement with trustee Bank of New York and a group of 22 large institutional investors for 530 pools of securitised morgages — including those issued...
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