Wednesday, April 29, 2009

Milan Police Seize UBS, JPMorgan, Deutsche Bank Funds

April 28 (Bloomberg) - Milan’s financial police seized 476 million euros ($620 million) of assets belonging to UBS AG, Deutsche Bank AG, JPMorgan Chase & Co. and Depfa Bank amid a probe into alleged fraud linked to the sale of derivatives. - Like the torture cases being investigated in Spain, apparently Americans need to rely on Europe for justice

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