Why Deutsche Bank Remains Trump's Biggest Conflict Of Interest
Jesse Eisinger
February 10, 2017 5:13 pm
If you measure President Donald Trump’s conflicts of interest by the amount of money at stake, or the variety of dicey interactions with government regulators, one dwarfs any other: his relationship with Deutsche Bank.
In recent weeks, Deutsche Bank has scrambled to reach agreements with American regulators over a host of alleged misdeeds. But because the president has not sold his company, the bank remains a central arena for potential conflicts between his family’s business interests and the actions of officials in his administration.
“Deutsche poses the biggest conflict that we know about in terms of dollar amounts and the scale of legal exposures,” says Brandon Garrett, a University of Virginia law professor and author of Too Big To Fail: How Prosecutors Compromise with Corporations. In trying to clear up its outstanding regulatory troubles, the bank “may have tried to do its best to avoid the appearance of impropriety but it may be impossible for them to do so.”
Deutsche is Trump’s major creditor, having lent billions to the president since the late 1990s even as other American banks abandoned Trump, who frequently bankrupted his businesses. While the president hasn’t released his tax returns, he has made public some information about his debts. According to these incomplete disclosures and reports, the Trump Organization has roughly $300 million in loans outstanding from the bank. Trump continues to own the business, although he has turned over day-to-day management to his sons.
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http://www.nationalmemo.com/deutsche-bank-trumps-conflict-interest/
= new reply since forum marked as read
That Trump is broke, owes more than he has. thus not willing to reveal this via tax info.
that the money from Deutche bank was actually laundered via Russia, and tho seen as a debt on the books, is really a "gift" from
(suspected) russian elements.
Because...Deutche bank has been charged several times with massive money laundering amounts.
And Russia sold 19.5% stake in it's huge Roseneft oil companiy to someone whose name has been hidden via multiple shell companies.
( Exxon may be be involved with the money thing also)
Update:
Well, well, lookee here:
as posted earlier here:
http://www.democraticunderground.com/10028630377
