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UTUSN

(70,683 posts)
Tue Nov 3, 2020, 09:08 PM Nov 2020

"Deutsche Bank Has Finally Had Enough of" SHITLER - "not why..." but what took so long?

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https://lawandcrime.com/awkward/deutsche-bank-has-finally-had-enough-of-donald-trump-report/

Deutsche Bank Has Finally Had Enough of Donald Trump: Report

.... To date, Deutsche Bank has lent Trump more than $2 billion.

According to Reuters, the bank is aiming to end its relationship with Trump, at least in part, because they believe there is currently too much legal scrutiny in the offing–largely from probes already extant or promised by members of the U.S. Congress. Executives reportedly believe that by leaving the president’s side, investigations into the bank’s dealings might take a back seat to other legislative agendas.

Another concern, those anonymous executives say, is that if Trump is out of office, they will be better able to demand repayment. But that’s mostly a speculative hope for the bank–at least for now.

The financial giant has apparently considered various scenarios for jettisoning their Trump-related baggage–including attempting to seize Trump’s assets–but many of those scenarios prompt more questions than answers in the long run. If, for example, Trump is reelected on Tuesday, the relationship might last a few more years–but the die has apparently been cast and the bank is looking for as expeditious an exit as possible.

“The question is not why are they leaving now but rather what took them so long?” federal criminal defense attorney Tor Ekeland said in an email to Law&Crime. ....

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