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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEric Trump Thinks It'd Be Very Uncool of Deutsche Bank to Narc on His Dad
womp womp!
https://www.vanityfair.com/news/2019/04/deutsche-bank-subpoena-trump?fbclid=IwAR1RvQyGRdzE0mJ1Bx2_cSUhftSG3Z9cYGBOlwXlDNwEitTOL32yg59VEIg
Eric Trump Thinks Itd Be Very Uncool of Deutsche Bank to Narc on His Dad
Two House committees have subpoenaed the lender for all the information it has on the president and the bank appears poised to turn it over.
by Bess Levin
April 16, 2019 12:27 pm
One of the great mysteries of the business world is why Deutsche Bank lent financial parasite Donald Trump more than $2 billion over two decades when other firms treated him like the bubonic plague. Its a riddle Democrats regularly attempted to solve during Trumps first two years in office, but were unsuccessful in their pursuit because 1) the bank wasnt talking, and 2) Republicans whod effectively pledged to take a bullet for the president were controlling Congress and refused to help their colleagues subpoena the information they were seeking. Thanks to the results of the midterm elections, though, times have changed!
On Monday, the House Intelligence and Financial Services committees issued a subpoena to Deutsche Bank demanding information about the German lenders famous client, as well as documents related to possible money-laundering by people in Russia and Eastern Europe. In a statement, Financial Services chairwoman Maxine Waters said that the potential use of the U.S. financial system for illicit purposes is a very serious concern, and that her panel is exploring these matters, including as they may involve the president and his associates, as thoroughly as possible pursuant to its oversight authority. According to The New York Times, the subpoena had been in the works for several months, with congressional investigators working with the banks lawyers on specific demands. Deutsche reportedly argued that the scope should be narrowed to make it easier and faster for the bank to turn over the documents, a turn of events that is unlikely to please anyone in the Oval Office.
Trumpworld has responded predictably. Alan Garten, the Trump Organizations lawyer, said the family business was weighing its options for how to block the bank from complying with the request, while Eric Trump got extremely snippy about the whole thing, calling the subpoena an unprecedented abuse of power and simply the latest attempt by House Democrats to attack the president and our family for political gain, adding that is set[s] a horrible precedent for all taxpayers. A spokeswoman for Deutsche said the company was engaged in a productive dialogue with the committees and remain[s] committed to providing appropriate information to all authorized investigations in a manner consistent with our legal obligations.
Last month, a lengthy story by reporter David Enrich shed some light on the relationship between Trump and Deutsche Bank, which for many years had a ravenous appetite for risk that resulted in its executives ignoring repeated, glaring red flags from the ex-real-estate developer and going along with his cornucopia of financial lies, including his habit of inflating his assets. By the time Trump was elected, the powers that be at the bank, having apparently been asleep for the past two decades, reportedly uttered a collective Dear God, what have we done as they realized they had somehow become the biggest lender to the president-elect. Who, by the by, currently owes the bank a cool $340 million, making Deutsche Trumps biggest creditor.
The House panels are not the only entities exploring the curious case of Trumps relationship with Deutsche Bank. Last month, New York attorney general Letitia James, who has vowed to make Trumps life a living hell, issued a subpoena to the German lender seeking information about loans it made to the president, before he became president.
Me.
(35,454 posts)Guilded Lilly
(5,591 posts)An unprecedented abuse of power doncha know.
Buns_of_Fire
(17,119 posts)not fooled
(5,791 posts)That's a keeper.
yonder
(9,631 posts)Um, yeah sure. If all taxpayers weren't.
SWBTATTReg
(21,856 posts)This is something a mobster would say, eh?
while Eric Trump got extremely snippy about the whole thing, calling the subpoena an unprecedented abuse of power and simply the latest attempt by House Democrats to attack the president and our family for political gain, adding that is set[s] a horrible precedent for all taxpayers.
sarabelle
(453 posts)Blue Owl
(49,906 posts)n/t
MiniMe
(21,676 posts)Suck it up Buttercup. And stop doing illegal things
C_U_L8R
(44,891 posts)Suggests that youre really up to something criminal that you want to hide.
Buns_of_Fire
(17,119 posts)Pretty soon, Rump will have nothing left going for him but his personality and good looks.
He's doomed.
Collimator
(1,639 posts)"Eric Trump . . . extremely snippy about the whole thing, calling the subpoena an unprecedented abuse of power and . . . a horrible precedent for all taxpayers.
Eric, your father rather famously boasted of his cunning and skill in NOT paying taxes. The vast majority of Americans who just pay their taxes and get on with life don't have to sweat it out worrying about subpoenas.
So, stop trying to make your dad's problems seem like the same problems as everyday Americans. Your dad IS the problem for everyday Americans!
trueblue2007
(17,138 posts)TexasBushwhacker
(20,043 posts)on the secret Apprentice outtakes. Donnie Jr isn't much better.
djacq
(1,633 posts)Narc;
1. n. Short for a Narcotics officer. A member of Law Enforcement that enforces drug laws.
2. n. A person who is not a member of Law Enforcement but turns you into the police for doing or dealing drugs.
3. n. A person that turns you in for something you did wrong; specifically to any type of authority figure like parents, cops, teachers, boss, etc.
In order to "Narc", Eric's Daddy must've done wrong.
Evolve Dammit
(16,632 posts)SammyWinstonJack
(44,129 posts)NastyRiffraff
(12,448 posts)No wonder you're worried; whether you've done something bad or not, daddy will throw you under that bus to save himself, and you know it.