at CNBC.com (Wed, 1:19PM)
Are Jefferson County and a dozen other U.S. municipalities listening? In Italy, Deutsche Bank (DB), JPMorgan (JPM), and UBS are among the 4 banks fined €1M each and having employees sent to prison for fraud in the sale of derivative products linked to a Milan bond issue. The case could be a precedent-setting one as cases involving other local Italian governments are in the works.
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The Sniff Test: Currency brokers’ reassurances about Swiss exposure are a red flag for the rest of usat MarketWatch.com (Jan 17, 2015)
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