DarkCyber Exclusive: Litigation Likely for Naked Short Selling
Beyond Search, May 18, 2020
In a conversation with former CIA professional Robert David Steele, DarkCyber learned of an impending legal action. Steele revealed in a video conference information about naked short selling, a Wall Street tactic to make money outside the boundaries of existing rules and regulations. DarkCyber obtained permission to create a summary of Steele’s main points. You can view the six minute exclusive at this link. In the question-and-answer session, Mr. Steele referenced additional information about this matter. You can access some associated information at:
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Christian Sewing is the CEO of Deutsche Bank since 2018 and has been a member of the Management Board since 2015. He joined Deutsche Bank in 1989. From January until June 2015, he was responsible on the Management Board for Legal, Incident Management Group and Group Audit, and assumed responsibility for Deutsche Bank’s Private & Commercial Bank (including Postbank) between July 2015 and April 2018.
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Steven F. Reich is the General Counsel for the Americas at Deutsche Bank AG. He serves as the chief legal advisor to the regions’ Boards of Directors and business leaders. In the private sector, Steve was a partner at Akin Gump Strauss Hauer & Feld LLP and, before that, at Manatt Phelps & Phillips LLP. He began his private practice career as an associate at Covington & Burling. In government, from 2011-2013 he held the title of Associate Deputy Attorney General at the U.S. Department of Justice. Earlier in his career, he served as Senior Associate Counsel to President Bill Clinton; on the staff of then-Senate Minority Leader Tom Daschle; and, before that, on the minority staff of the Judiciary Committee of the U.S. House of Representatives. From 1994-1998, he was an Assistant Federal Public Defender for the District of Maryland. Reich is a graduate of Columbia Law School and Columbia College.
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Pamela Root is the managing director and the Global Head of Compliance Deutsche Bank AG. Previously Pamela was at Citi from 2009 to 2016, where she was a managing director and Chief Compliance Officer for the Global Institutional Clients Group. Prior to joining Citi, Ms. Root served in both legal and compliance roles at Goldman Sachs, including as the General Counsel to Global Compliance Division; Co-Director of Global Compliance (2001 to 2006); General Counsel for Goldman Sachs Asia ex-Japan (1993 to 2001). Before moving to Goldman Sachs in 1986, Pamela was a lawyer at Sullivan & Cromwell in New York practicing securities, banking and corporate law. She received her J.D. from New York University School of Law, and her B.A. from Bryn Mawr College, Pennsylvania.
