Accounting Changes Help Deutsche Bank Avoid Loss - NYTimes.com

Continuing the accounting issue from last article, so much for German conservatism. Again from the NY Times: Accounting Changes Help Deutsche Bank Avoid Loss - NYTimes.com: "Deutsche made a pretax profit of 93 million euros ($118.5 million) in the third quarter, a result only possible because of changed accounting rules. These allowed it to cut write-downs by more than 800 million euros to 1.2