Deutsche Bank RAIDED

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Added by December 2, 2018

This clip is brought to you by our friends at Aspiration. You don’t need to wait another two years to make an impact; you can vote with your wallet today at https://www.aspiration.com/tyt Deutsche Bank has been raided by Frankfurt officials over their history of shady dealings. Ben Mankiewicz, John Iadarola, and Jayar Jackson, hosts of The Young Turks, break it down. More TYT: https://go.tyt.com/nF8kEaoIers Read more here: https://www.nytimes.com/2018/11/29/business/deutsche-bank-money-laundering-raid.html "Deutsche Bank’s efforts to escape a history of scandal, wrongdoing and mismanagement suffered a serious setback Thursday after the German police raided its headquarters in Frankfurt as part of an investigation into whether the lender helped criminals launder money through offshore tax havens. Arriving in a fleet of blue-and-white police vans, 170 prosecutors, federal agents, police officers and tax authorities searched the headquarters and five other sites in the area, prosecutors in Frankfurt said. The officers seized paper documents and electronic records related to the case, which involved hundreds of millions of euros, and were still at the bank late Thursday. The investigation stems from information contained in the so-called Panama Papers and Offshore Leaks, a trove of confidential documents that helped to expose the workings of global money laundering and tax evasion, prosecutors said. Deutsche Bank employees, who were not identified, are suspected of guiding customers to establish companies in offshore tax havens and transfer money earned through criminal activity using Deutsche Bank accounts, the prosecutors said. A subsidiary in the British Virgin Islands is under intense scrutiny." Hosts:Ben Mankiewicz, John Iadarola, Jayar Jackson Cast: Ben Mankiewicz, John Iadarola, Jayar Jackson *** The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. http://tyt.com/live Subscribe to The Young Turks on YouTube: http://youtube.com/subscription_center?add_user=theyoungturks TYT on Facebook: http://facebook.com/theyoungturks TYT on Twitter: http://twitter.com/theyoungturks TYT on Instagram: http://instagram.com/theyoungturks Merch: http://www.shoptyt.com Donate to TYT https://patreon.com/tytnetwork http://tyt.com/donate Download audio and video of the full two-hour show on-demand + the members-only postgame show by becoming a member at http://tyt.com/join/. Your membership supports the day to day operations and is vital for our continued success and growth. Gift membership: http://tyt.com/gift Producer, Senior Producer and Executive Producer membership: http://go.tyt.com/producer Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations. (American Heritage Dictionary) #TYT #TheYoungTurks #TYTnetwork

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