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The U.S.: Where Europe Comes to Slum

cryptogon.com

Via: Los Angeles Times: The newest slumlord in Los Angeles is a pillar of German capitalism. Earlier this month, the city attorney’s office filed suit against Deutsche Bank, the world’s fourth-largest bank, for letting many of the more than 2,000 L.A. homes it has foreclosed on descend into squalor and decay. A yearlong city investigation [...]

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