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chipguy

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chipguy

Re: None

Monday, 09/19/2016 3:43:06 PM

Monday, September 19, 2016 3:43:06 PM

Post# of 151636
Looks like the U.S. is turning to EU style revenue generation tricks

http://www.economist.com/news/business-and-finance/21707337-fortunes-germanys-largest-lender-go-bad-worse-americas-department

On September 16th Germany’s largest bank confirmed reports that America’s Department of Justice had asked for $14 billion to settle possible claims connected with the underwriting and sale of residential-mortgage-backed securities (RMBSs) between 2005 and 2007.

Ouch.

Or maybe a not too subtle hint to the EU to back off on Apple
retro taxation OR ELSE.
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