Deutsche Bundesbank
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![]() ![]() (Central Bank) ![]() ![]() ![]() | |
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Formation | 1957 |
Headquarters | Frankfurt, Germany |
Leader | German Federal Bank/President |
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.
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References
- ↑ http://www.historycommons.org/context.jsp?item=aearly0901german#aearly0901german
- ↑ 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