The FT reports:
The US justice department has sued Deutsche Bank for more than $1bn, accusing the German lender and a subsidiary of lying their way into a government mortgage scheme and “recklessly” endorsing risky loans for federal insurance.
“These companies repeatedly and brazenly breached the public trust,” Preet Bharara, US Attorney in New York, said Tuesday during a press conference.
Suing bankers for breaching public trust?
"Whatever next?" will be their defence.
As far as they're aware that's what they're for.