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applegrove

(118,622 posts)
Tue Mar 19, 2019, 03:18 AM Mar 2019

Deutsche Bank loaned over $2 billion to Trump: report

Deutsche Bank loaned over $2 billion to Trump: report

BY MICHAEL BURKE at the Hill

https://thehill.com/homenews/administration/434643-deutsche-bank-loaned-over-2-billion-to-trump-report

"SNIP....

The report, which details the history between Trump and the bank, comes as congressional committees and the New York attorney general are investigating Trump's financial ties to the bank.

In attempting to secure loans from the bank, Trump often exaggerated his wealth, according to the Times.

When Trump was trying to get a loan from the bank to build a skyscraper in Chicago, he reportedly said his net worth was $3 billion. The bank, however, reportedly concluded that he was worth about $788 million. 

But the bank still agreed in 2005 to lend Trump more than $500 million for the project, a decision that was made after Trump used flights on his private plane in an attempt to woo the bankers, according to the Times.


....SNIP"

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Deutsche Bank loaned over $2 billion to Trump: report (Original Post) applegrove Mar 2019 OP
Wow. SunSeeker Mar 2019 #1
Wasn't there something madamesilverspurs Mar 2019 #2
Yup, something like that.. denbot Mar 2019 #3
The crazy thing is Deutsche Bank KNEW the orange anus was exaggerating his wealth... Brother Buzz Mar 2019 #4
Probably because the Kremlin (aka Putin) put a little word in for Trump... Pachamama Mar 2019 #6
Money laundering True Blue American Mar 2019 #5
More fools them. Turbineguy Mar 2019 #7

madamesilverspurs

(15,800 posts)
2. Wasn't there something
Tue Mar 19, 2019, 05:20 AM
Mar 2019

about Justice Kennedy's son being one of the bank's loan officers, that Trump had expressed appreciation to the Justice for that relationship?



.

denbot

(9,899 posts)
3. Yup, something like that..
Tue Mar 19, 2019, 05:59 AM
Mar 2019

Up to and including the timing of his retirement to make room for some drunken ex-frat boy.

Brother Buzz

(36,416 posts)
4. The crazy thing is Deutsche Bank KNEW the orange anus was exaggerating his wealth...
Tue Mar 19, 2019, 06:06 AM
Mar 2019

And STILL lent him money.

Deutsche Bank dispatched a team to Trump Tower to inspect Mr. Trump’s personal and corporate financial records. The bankers determined he was overvaluing some of his real estate assets by as much as 70 percent, according to two former executives.

Pachamama

(16,887 posts)
6. Probably because the Kremlin (aka Putin) put a little word in for Trump...
Tue Mar 19, 2019, 08:00 AM
Mar 2019


After all, Deutsche Bank was busy laundering money for Putin and his Oligarchs and they were the real power behind the money flow....
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