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Deutsche Bank (DB) loses its bid to dismiss the FHFA's lawsuit accusing the bank of misleading...
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Monday, November 12, 2012, 2:54 PM ETDeutsche Bank (DB) loses its bid to dismiss the FHFA's lawsuit accusing the bank of misleading the housing agencies into buying $14.2B of MBS. Like JPMorgan and Merrill Lynch - who last week had a ruling in a similar suit go against them (from the same judge) - Deutsche is likely toast if this ever gets in front of a jury. Look for a settlement.
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