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UPDATE: Gunman kills son, shoots husband of Federal Judge in Epstein Money Laundering Case

Jeffrey Epstein

the staff of the Ridgewood blog

North Brunswick Township NJ, US Marshals and the FBI continue to investigating the deadly shooting at the North Brunswick home of US District Court of New Jersey Judge Esther Salas, according to law enforcement officials.The son of the Newark-based federal judge has been shot and killed, and her husband shot and critically injured in an attack at the family’s home, according to law enforcement sources.

Continue reading UPDATE: Gunman kills son, shoots husband of Federal Judge in Epstein Money Laundering Case

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Is Hillary Clinton Hinting at Riding to the Rescue of Angela Merkel With a US Sponsored Tax payer Bailout?

Angela Merkel

October 2,2016
the staff of the Ridgewood blog

Ridgewood NJ, just days after Hillary Clinton trolled two White House opponents with a single response, according to the main stream media ,”dinging Gary Johnson and Donald Trump by naming Angela Merkel as her favorite world leader.”

The Ridgewood blog found it more interesting the 30 years in politics and this is who Hillary Clinton singled voluntarily out without being asked .

Angela Merkel could use some friends about now , like Clinton’s immigration proposal  Merkel has continued to defend her decision to admit more than a million migrants to Germany last year has left her increasingly isolated from other leaders coping with anti-immigrant, anti-Muslim sentiment in their electorates, especially after terrorist attacks.

Worse yet ,Merkel also currently finds her self in “deep do do” as fears of a Deutsche Bank collapse have rattled financial markets across the globe. Under capitalized Deutsche Bank shares were hit first by a demand for up to $14 billion from the U.S. Department of Justice for mis-selling mortgage-backed securities, then a reported Berlin lead rescue plan seemed tenuous at best.

In Italy six current and former managers of Deutsche Bank, including Michele Faissola, Michele Foresti and Ivor Dunbar, were charged in Milan for colluding to falsify the accounts of Italy’s third-biggest bank, Monte Paschi (which itself is so insolvent it is currently scrambling to finalize a private sector bailout) and manipulate the market. Two former executives at Nomura Holdings Inc. and five at Banca Monte dei Paschi di Siena were also charged.

On September 24th Chancellor Angela Merkel ruled out any state assistance for Deutsche Bank AG in the year heading into the national election in September 2017, a magazine called Focus magazine reported.

So does this imply that Deutsche Bank’s likely recapitalization effort while asking German Tax Payer Bailout or German Bank Depositor Bail-in? Let face it ,Deutsche Bank is going to need some money ASAP. Remember in a concerted effort to reduce or potentially eliminate the risk of taxpayer-funded bail-outs of European banks, the EU implemented a new “bail-in” regime beginning on January 1, 2016.

Or perhaps her new friend Hillary Clinton will come to the rescue with some kind of a US sponsored US taxpayer subsidized bailout?

It is not so far fetched with the Obama Administration setting the precedent with the Iranian payoff earlier this year.

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Pressure is building for Germany to show it’s ready to rescue Deutsche Bank

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Jeff Cox | @JeffCoxCNBCcom

McDonald on Deutsche Bank: Similar dynamic to Lehman  6 Hours Ago | 02:19

German officials could be about to find themselves in an uncomfortable position: Being called on to show they’re ready to rescue a bank in a part of the world where such operations are considered taboo.

Deutsche Bank came under intensified market fire Thursday, the latest salvo being a Bloomberg report that a small number of hedge funds are trimming their sails at the German bank.

In a broad perspective, the move would represent a minor dent in Deutsche’s derivatives clearing business. Barry Bausano, chairman of Deutsche’s hedge fund business, told CNBC on Thursday that while there have been some outflows, there have also been inflows, which he said is “part of the typical ebbs and flows” of the prime brokerage business.

https://www.cnbc.com/2016/09/29/pressure-seen-building-for-germany-to-rescue-deutsche-bank.html