Former Deutsche Bank Head Subprime Mortgage Trader Fires Back at U.S. Fraud Charges
HousingWire, Sept. 12, 2017–Ben Lane
Paul Mangione, the former head of subprime mortgage trading at Deutsche Bank who stands accused over overseeing systemic mortgage bond fraud during the run-up to the financial crisis, says that the government kowtowed to public pressure to see individuals held responsible for the financial crisis by filing lawsuit against him that is wrong, unfair and without merit.
