Deutsche Bank co-CEO Jürgen Fitschen, already the subject of a German tax-fraud probe, has come under further pressure after political leaders accused him of trying to influence the investigation by calling a senior German politician to protest a police raid on the bank’s headquarters last week. On Thursday, a day after the surprise search, Mr. Fitschen contacted Volker Bouffier, governor of the state of Hesse, where Deutsche Bank is based, to complain about the action. Mr. Bouffier declined to intervene, according to his spokesman. The state government has ultimate authority over the prosecutor’s office…The Deutsche Bank CEO faced criticism from senior German lawmakers on Monday who accused him of trying to undermine the judicial process. The call has left the impression that Deutsche Bank thinks it is “above the law,” said Michael Meister, a senior official in Chancellor Angela Merkel’s center-right party. “The prosecutor’s investigation must be supported,” he said. “Deutsche Bank has to send a clear signal.” Other political leaders were less polite. “A fish rots from the head down. That also applies to Deutsche Bank’s boardroom,” the Handelsblatt newspaper quoted Green party co-chief Jürgen Trittin as saying. [WSJ]

13 comments (hidden to protect delicate sensibilities)
Show all comments ↓

Comments (13)

  1. Posted by guest | December 18, 2012 at 1:22 PM

    Suh vere iz zee guld? Ve hav vays uhf making zu talk……….

  2. Posted by Yeah... | December 18, 2012 at 1:27 PM

    I have something with a lot of similarities to Deutsche Bank too.

    -L. Tilton

  3. Posted by FKApmco | December 18, 2012 at 1:28 PM

    Bess; pls show this to the DB ad sales dept.
    I googled "a fish rots…" and ended up on Phrase Finder which explained the etymology and even had a pic of a rotting fish. The page also had an ad for curing vaginal odor. That's just genius ad placement.

  4. Posted by Tuesday Audit | December 18, 2012 at 1:32 PM


  5. Posted by NakedShort | December 18, 2012 at 1:34 PM

    I wonder if they like fish sticks

  6. Posted by Guest | December 18, 2012 at 1:37 PM

    Jürgen off

  7. Posted by Guest | December 18, 2012 at 1:59 PM

    "A fish rots from the head down"

    Duh. It's because a fish can't rot from the feet up.

    -UBS marine (not the fighting kind) analyst

  8. Posted by Walter Sobchak | December 18, 2012 at 2:07 PM

    They're Nihilists, Donny, they're harmless-
    — the guy who played the character on Rosanne

  9. Posted by Lowly Assistant | December 18, 2012 at 2:42 PM


    -K. West

  10. Posted by Puck It | December 18, 2012 at 3:29 PM

    Rotting fish? Tell me more.

    —Your dog

  11. Posted by Tru Story | December 18, 2012 at 5:10 PM

    I got an Ameriprise ad. Was that the same one you were talking about?

  12. Posted by Fish Guy | December 19, 2012 at 7:54 AM

    Mmm. Fish.

  13. Posted by The Dude | December 19, 2012 at 3:35 PM

    Sounds exhausting..