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AndJusticeForSome

(537 posts)
Fri Nov 30, 2018, 01:40 AM Nov 2018

Why did Trump Tower Moscow project end?

Last edited Fri Nov 30, 2018, 03:36 AM - Edit history (1)

What's the most plausible reason?

ETA: After re-reading articles about the project, it looks like this was all a pipe dream of Sater and Cohen. While a few oligarchs seemed to play along, I doubt it ever got very far up the food chain there.

Cohen was clearly motivated by a desire to impress his idol Trump.

Sater... It almost feels like he was somehow trying to set up Trump. Either that or just his hubris and greed motivated him.

Trump of course knew all about it as evidenced by him signing the LOI on October 28, 2015.

Turns out Trump's own big mouth tanked the whole thing:

https://www.buzzfeednews.com/article/anthonycormier/trump-moscow-micheal-cohen-felix-sater-campaign?bfsource=relatedmanual

Sater kept holding out hope — working his sources in Russia right through the convention — until July 26, 2016, when Sater, while relaxing in the backyard of his Long Island home, read a tweet by Trump and knew right then that the deal was dead.

The Trump tweet: "I have ZERO investments in Russia."

32 replies = new reply since forum marked as read
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Why did Trump Tower Moscow project end? (Original Post) AndJusticeForSome Nov 2018 OP
What makes you think it did end? Eko Nov 2018 #1
Didn't Cohen say it ended in June 2016? nt AndJusticeForSome Nov 2018 #2
And you believe him? Eko Nov 2018 #4
I don't not believe him nt AndJusticeForSome Nov 2018 #9
K&R; Why believe a liar? read this: Jeffersons Ghost Nov 2018 #29
No, he just said they were pursuing it through at least June 2016. SunSeeker Nov 2018 #15
Ah Ha! Thanks, SunSeeker! Cha Nov 2018 #23
The Oligarchs did not want to pay for it? ProudMNDemocrat Nov 2018 #3
Putin didn't need it anymore? dawg day Nov 2018 #5
This is what I think, too AndJusticeForSome Nov 2018 #7
Or, Putin substituted an even bigger carrot, the presidency nt AndJusticeForSome Nov 2018 #8
The sanctions were not lifted? Jacoby365 Nov 2018 #6
If the project ended mid-2016, too early for that nt AndJusticeForSome Nov 2018 #10
I was thinking that possibly the project was put on hold Jacoby365 Nov 2018 #14
Russians at the Trump Tower meeting moondust Nov 2018 #11
Sanctions weren't lifted when Trump took office as the Kremlin had hoped. SunSeeker Nov 2018 #12
How does that square with the deal falling apart in June? nt AndJusticeForSome Nov 2018 #13
I don't think the deal fell apart. It just went into limbo. SunSeeker Nov 2018 #18
Russians knew all along that IQ45 had no actual MONEY OF HIS OWN to fund such a project ... mr_lebowski Nov 2018 #16
and then dweller Nov 2018 #19
I think it looked bad for a candidate for president Jarqui Nov 2018 #20
The Russians probably never intended to do the deal in the first place. RDANGELO Nov 2018 #17
Putin was never going to allow that shit to be built in his country JI7 Nov 2018 #21
Putin can build it himself if there is money to be made world wide wally Nov 2018 #22
This message was self-deleted by its author .99center Nov 2018 #24
Maybe Putin got a look at his tax returns DFW Nov 2018 #25
putin probably seen what happened to Atlantic City, yortsed snacilbuper Nov 2018 #26
It was never going to happen, Trump is a gullible fool and Putin bested him. nt greyl Nov 2018 #27
The tower was the carrot randr Nov 2018 #28
It could have all along been another putin dangle duforsure Nov 2018 #30
In Craig Unger's book "House of Putin, House of Trump" DeminPennswoods Nov 2018 #31
It didn't end Johnny2X2X Nov 2018 #32

Jeffersons Ghost

(15,235 posts)
29. K&R; Why believe a liar? read this:
Fri Nov 30, 2018, 04:12 AM
Nov 2018

Mueller's weapon of choice is still an FBI FISA Warrant: read ALL of this...

https://www.democraticunderground.com/100211491422

GOTCHA
The National Security Agency is the only government group that actually listens...
Maybe, FBI online agents are finally "listening" too...

SunSeeker

(53,296 posts)
15. No, he just said they were pursuing it through at least June 2016.
Fri Nov 30, 2018, 02:10 AM
Nov 2018

And it didn't really "end." More like it went into limbo. It just went as far as it could go before hitting roadblocks presented by the Magnitsky Act sanctions. The sanctions had to be lifted for it to go legally go further. The sanctions were never lifted.

Also, Russian election hacking had hit the news, and they had to put it aside until the heat blew over. It never did blow over:

"Sater also said that the pair stopped working on the Moscow deal as soon as the issue of Russian election hacking emerged in the news because it became clear it would become a political liability.

In fact, he said, it is not a coincidence that, according to court documents filed today, Michael Cohen canceled a planned trip to Moscow on June 14, 2016 — the same day the Post broke the story that Russians had hacked the Democratic National Committee."

https://www.nbcnews.com/politics/donald-trump/scuttled-trump-tower-moscow-project-back-limelight-after-cohen-guilty-n941796

ProudMNDemocrat

(18,593 posts)
3. The Oligarchs did not want to pay for it?
Fri Nov 30, 2018, 01:42 AM
Nov 2018

Because if Putin got a $50 million dollar penthouse, they would want one as well .

AndJusticeForSome

(537 posts)
7. This is what I think, too
Fri Nov 30, 2018, 01:50 AM
Nov 2018

Putin *had* to know that the Trump name would very soon be less than worthless. Why would he want that stain in Moscow?

Plus, what you said.

Jacoby365

(468 posts)
14. I was thinking that possibly the project was put on hold
Fri Nov 30, 2018, 02:06 AM
Nov 2018

and would only come to fruition when Trump was elected and lifted the sanctions. Just a thought.

moondust

(20,333 posts)
11. Russians at the Trump Tower meeting
Fri Nov 30, 2018, 02:02 AM
Nov 2018

told the Rump family to forget it? Pooty already held all the cards and didn't need the penthouse bribe plus he didn't want Rump sucking rubles out of Moscow?

SunSeeker

(53,296 posts)
12. Sanctions weren't lifted when Trump took office as the Kremlin had hoped.
Fri Nov 30, 2018, 02:03 AM
Nov 2018

So there was no way to consummate it.

SunSeeker

(53,296 posts)
18. I don't think the deal fell apart. It just went into limbo.
Fri Nov 30, 2018, 02:13 AM
Nov 2018

The deal went as far as it could go before hitting Magnitsky Act roadblocks. The Russians thought Trump would lift those sanctions once he took office (that's what Flynn told them). It seems pretty obvious the deal got mothballed, not ended.

Also, Russian election hacking had hit the news, and they had to put it aside until the heat blew over. It never did blow over:

"Sater also said that the pair stopped working on the Moscow deal as soon as the issue of Russian election hacking emerged in the news because it became clear it would become a political liability.

In fact, he said, it is not a coincidence that, according to court documents filed today, Michael Cohen canceled a planned trip to Moscow on June 14, 2016 — the same day the Post broke the story that Russians had hacked the Democratic National Committee."

https://www.nbcnews.com/politics/donald-trump/scuttled-trump-tower-moscow-project-back-limelight-after-cohen-guilty-n941796

 

mr_lebowski

(33,643 posts)
16. Russians knew all along that IQ45 had no actual MONEY OF HIS OWN to fund such a project ...
Fri Nov 30, 2018, 02:11 AM
Nov 2018

Putin and his oligarch buddies were laughing at Dumpies ridiculous proposal ALL ALONG, playing him for the fool, trying to get him to compromise himself in some way, so they'd own him.

Basically they were trying to leverage his childish, narcissistic delusions of grandeur ... to get the sanctions lifted, should he manage to become POTUS. And I STRONGLY suspect they succeeded.

They were absolutely playing him, and were NEVER going let that project proceed, because in reality, Trump was begging THEM ... for money. He didn't have his part of the funds, never did, never will. He was just trying to trade on his 'name', and they were laughing at his ass all along.

It ended, because Trump is an over-leveraged, stupid fucking man-child, trying to play WAY OUT OF HIS LEAGUE, right from the beginning.

Jarqui

(10,413 posts)
20. I think it looked bad for a candidate for president
Fri Nov 30, 2018, 02:18 AM
Nov 2018

and through Deutsche bank or some other country, they found another path to keep him afloat financially.

RDANGELO

(3,531 posts)
17. The Russians probably never intended to do the deal in the first place.
Fri Nov 30, 2018, 02:12 AM
Nov 2018

They just used it to cultivate Trump as an asset. The reason they were financing his places outside of Russia, was to help launder the money they were stealing from the Russian people by getting it out of the country. A facility in Russia would do them no good. This is how it is explained in Unger's book House of Putin House of Trump.

JI7

(90,180 posts)
21. Putin was never going to allow that shit to be built in his country
Fri Nov 30, 2018, 02:21 AM
Nov 2018

just like north korea's kim they will make trump think he will be able to open up trump towers and other businesses but they are just fooling him.

Response to AndJusticeForSome (Original post)

DFW

(56,114 posts)
25. Maybe Putin got a look at his tax returns
Fri Nov 30, 2018, 03:12 AM
Nov 2018

And he realized, "holy Lenin, dude is broke! Not give more money."

duforsure

(11,885 posts)
30. It could have all along been another putin dangle
Fri Nov 30, 2018, 04:19 AM
Nov 2018

Knowing trump was desperate for a deal ,and putin didn't go through with it because he wanted the sanctions lifted first before he committed, then after they were lifted his project would be approved. trump didn't end the talks for it,he lied again about it, it was putin.

DeminPennswoods

(15,927 posts)
31. In Craig Unger's book "House of Putin, House of Trump"
Fri Nov 30, 2018, 06:07 AM
Nov 2018

he points out that the Russian oligarchs who were buying Trump properties were interested in moving their money OUT of Russia. They weren't interested in keeping it IN Russia and therefore had no interest in financing any Trump project. Sometimes a reason is just that simple.

Johnny2X2X

(21,262 posts)
32. It didn't end
Fri Nov 30, 2018, 09:05 AM
Nov 2018

Just postponed. When Trump is no longer her president this deal will continue. It’s entirely impossible for Trump to walk away from money.

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