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Robin Saunders |
The BBC is reporting even
greater losses than previously projected for West German bank
WestLB as a result of a financing deal gone bad with UK based
Boxclever.
The American born banker, Robin Saunders forged the deal with
Boxclever.
To date, losses from the deal have forced WestLB to set aside
over 200 million euros to cover expected losses.
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