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MelissaB

(16,420 posts)
Wed Jul 19, 2017, 08:51 PM Jul 2017

Big German Bank, Key to Trumps Finances, Faces New Scrutiny

Source: New York Times

... snip

Banking regulators are reviewing hundreds of millions of dollars in loans made to Mr. Trump’s businesses through Deutsche Bank’s private wealth management unit, which caters to an ultrarich clientele, according to three people briefed on the review who were not authorized to speak publicly. The regulators want to know if the loans might expose the bank to heightened risks.

Separately, Deutsche Bank has been in contact with federal investigators about the Trump accounts, according to two people briefed on the matter. And the bank is expecting to eventually have to provide information to Robert S. Mueller III, the special counsel overseeing the federal investigation into the Trump campaign’s ties to Russia.

It was not clear what information the bank might ultimately provide. Generally, the bank is seen as central to understanding Mr. Trump’s finances since it is the only major financial institution that continues to conduct sizable business with him. Deutsche Bank has also lent money to Jared Kushner, the president’s son-in-law and senior adviser, and to his family real estate business.

Read more: https://www.nytimes.com/2017/07/19/business/big-german-bank-key-to-trumps-finances-faces-new-scrutiny.html

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Big German Bank, Key to Trumps Finances, Faces New Scrutiny (Original Post) MelissaB Jul 2017 OP
Trump's loans........ SergeStorms Jul 2017 #1

SergeStorms

(19,204 posts)
1. Trump's loans........
Thu Jul 20, 2017, 03:34 AM
Jul 2017

exposing Deutsche Bank to heightened risk? Please, this is Donald Trump we're talking about here. OF COURSE TRUMP HAS EXPOSED THEM TO "HEIGHTENED RISK". It's what Trump DOES! He defaults on loans and files for bankruptcy. I think that was lesson number one in Trump University's curriculum. "How to leave everyone else holding the bag for YOUR debts", taught by the Master himself....Donnie "Default" Trump!

This is the reason no American Bank would lend him any money! But that thought NEVER occurred to the people at Deutsche Bank. There was some quid pro quo going on there. Deutsche Bank must have had assurances from the Russians that Donnie Default's debts would be paid off, one way or another. And this was done with assurances from Trump as well. Not to Deutsche Bank, mind you, but to the Russians. And THIS is why Meuller will have records from Deutsche Bank, and THIS is why Trump will fire Meuller. Not for going too far into Trump finances that have nothing to do with Russia, but to KEEP Meuller from finding out how deeply Trump is involved with Russian mobsters and dictators.

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