Wednesday, September 28, 2016

Pulling Ahead

Germany's Chancellor Angela Merkel holds a commanding lead over Britain's Prime Minister Theresa May in the contest for world's most photographer woman with clothes on.

Angela, as seen today on the front page of today's 'Money and Investing' page in the WSJ dominates a story on the problem Deutsche Bank is having. It seems the immigration crisis has been replaced by the concern over the bank's falling stock price and what this means in the global economy.

It seems the U.S. Justice Department is proposing a $14 billion legal settlement to close out mortgage-securities investigations. Oh boy, can't sue Saudia Arabia for funding terrorists connected with 9/11, but we can go after Germany for the housing mess of 2008.

Stay tuned. Debate Two issue?

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