Investigators take a hard look at Deutsche Bank's mortgage bonds

08/3/2010 | Wall Street Journal, The

Investigation into collapsed mortgage-securities deals increasingly is focusing on instances in which Wall Street banks warned some investors away from deals while selling the securities to others. Deutsche Bank is among banks that created mortgage securities and then sold them to some clients while telling others to bet against them. One Deutsche Bank trader helped launch an index that simplified profiting from a mortgage-market collapse, then the bank invested its own money in betting against the housing market.

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