Trump’s unusual conflict: Millions in debts to German bank now facing federal fines

[TomCADem]

Trump's tax issues are hogging the headlines, but his conflict of interest issues are just as bad. Are we expecting Trump not to use every means at his disposal to try to profit from a position where he is on both sides of the fence as a the chief regulator dealing with the bank as well as a debtor beholden to the bank?

https://www.washingtonpost.com/news/wonk/wp/2016/09/30/trumps-unthinkable-conflict-millions-in-debts-to-german-bank-now-facing-federal-fines/

Donald Trump’s business empire owes hundreds of millions of dollars to a giant German bank cast into crisis by settlement negotiations with the Justice Department, a relationship some lawyers say sheds light on the massive financial entanglements he could face as president.

Federal regulators are seeking a $14 billion fine from Deutsche Bank, Trump’s top lender, to settle claims that the bank issued toxic mortgages amid the housing crisis. German media have suggested the bank has sought a state bailout that could lead to partial ownership of the bank by the German government.

A settlement could be reached before a new president takes office, but government-ethics experts say the Deutsche Bank situation is a stark reminder of how Trump could face a conflicting set of interests as the nation's negotiator in chief.

As head of the executive branch, he’d oversee the Justice Department and the United States' relations with the rest of the world. But he’d still have a lengthy series of financial relationships with private institutions and countries with business before the United States.