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.
Manufacturing: The U.S. is increasingly where Europe comes to slum - Los Angeles Times
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The L.A. Times
Seeded on Tue May 24, 2011 9:04 AM
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