May 4, 2011

Sanders Questions Time It Took U.S. to Sue Deutsche Bank

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Anthony Sanders discusses the U.S. Department of Justice's decision to sue Deutsche Bank AG, explaining that the Federal Housing Administration was aware of serious mortgage problems back in 2003 but did nothing.

Anthony Sanders, a finance professor at George Mason University, discusses the U.S. Department of Justice's decision to sue Deutsche Bank AG for more than $1 billion, alleging the bank lied while arranging federal insurance on faulty mortgages. Sanders speaks with Erik Schatzker and Deirdre Bolton on Bloomberg Television's "InsideTrack."