Deutsche Bundesbank

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Group.png Deutsche Bundesbank  
(Central BankWebsiteRdf-icon.png
Presse bundesbanklogo.png
Formation 1957
Headquarters Frankfurt, Germany
Leader German Federal Bank/President
Jens Weidmann.jpg
Incumbent: Jens Weidmann
Since 1 May 2011

The German Federal Bank (or Deutsche Bundesbank) is the central bank of Germany.

September 11, 2001

The German Central bank studied the possibility of insider trading on 9/11. The Bundesbank President Ernst Welteke reports that they found “almost irrefutable proof of insider trading”.[1] Welteke stated that “What we found makes us sure that people connected to the terrorists must have been trying to profit from this tragedy.”[2] The SEC did not investigate further.



References

  1. http://www.historycommons.org/context.jsp?item=aearly0901german#aearly0901german
  2. William Drozdiak, “‘Insider trading’ by terrorists is suspected in Europe”, Miami Herald, September 24, 2001, http://web.archive.org/web/20011109160700/www.miami.com/herald/special/news/worldtrade/digdo cs/099922.htm


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