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The World News Media

TheWorldNewsOrg

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  1. It was revised up to a 7.0 Magnitude. Looks like a highway offramp was destroyed and Grocery stores were shaken up. Have you found anything more?
  2. Funny you should mention that..... Look at what has transpired because of your comment ;-) So why are we talking Panama Papers now? Yesterday, about 170 police officers/prosecutors orchestrated a raid on Deutsche Bank's (-4.70%) Frankfurt HQ as part of an ongoing money laundering probe that stems from—you guessed it—the Panama Papers. Prosecutors allege about 900 customers of a DB subsidiary in the British Virgin Islands used offshore bank accounts to weasel their way out of paying taxes. Authorities said they're now eyeing two DB employees who allegedly set up those offshore accounts. This is just the latest hard-to-swallow headline for the German bank. It's trudged through years of losses—which came c/o costly legal settlements, rapid c-suite turnover, and a tough time recovering from the '08 crisis.
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