Deutsche Bank plans to cut ties with Trump after the election and could seize his assets if he ...

[ItsjustMe]

Deutsche Bank plans to cut ties with Trump after the election and could seize his assets if he can't pay back his debts, Reuters reports

https://www.businessinsider.com/deutsche-bank-trump-ties-debts-after-election-reuters-2020-11

The German lender Deutsche Bank is seeking to cut ties with President Donald Trump after the election, three senior officials at the bank told Reuters on Tuesday.

Deutsche Bank could seek to sell or demand repayment of about $340 million in outstanding loans to the Trump Organization, the report said.

Trump's ties with Deutsche Bank have long been scrutinized. Over the years the bank has become the biggest lender to the Trump Organization, the umbrella company for Trump's hotels, golf resorts, and other businesses.

But the bank is now reportedly keen to shed its last connection to the president: three loans, totaling about $340 million, personally guaranteed by the president and taken against the value of his properties. The loans are said to start becoming due for repayment in two years.

[Sneederbunk]

1. Was it a dance with the Devil or were there two Devils dancing?

[Indykatie]

3. Exactly. There Were 2 Devils Dancing.

DB was crooked even before they got in bed with Trump. If he loses there is no DB or Russian interest in keeping him afloat.

[dixiegrrrrl]

7. Excellent eye opening book about the bank.

It started out crooked, then attracted crooked bank workers.
The whole reason for Deutsche to open a an American branch in NYC was so it could pay Iraq and Iran in dollars so they could become the terrorists they were, while USA interests were trying to keep the lid onMiddle East violence.
Major money laundering history, continues to this day.
Then Deutsche met trump. It was a $$$ marriage made in heaven, the bank helped him quietly buy properties in other countries which were appreciative of a way to clean up money.

The book is very readable, it's title is Dark Towers. When I mentioned it here the other day, I think someone was referring to another book of same name, which I am not familiar with.

Anyhow, all Deutsche is doing at this point is distance itself from the growing odor of a disgraced and therefore powerless trump,
and try to recoup some loan losses.
In truth, the bank made huge fees every time they dealt with trump.

[lastlib]

2. I wanna see them evict him from Mar-A-Lago!

[Botany]

4. But Deutsche Bank is really a Putin run asset.

Donny is fucked he might have to turn state's evidence and go into witness protection.

[LuckyLib]

5. The sleaze of Deutsche Bank is only matched by the grifting sleaze of the Trump clan.

Then throw in the Russians and Epstein: The New York Department of Financial Services (DFS) imposed a $150 million penalty on Deutsche Bank on 7 July 2020, in connection with Epstein. The bank had "ignored red flags on Epstein". From 2013 to 2018, "Epstein, his related entities and his associates" had opened over forty accounts with Deutsche Bank.

[Yo_Mama_Been_Loggin]

6. Time for deadbeat Donny to pay up

[raccoon]

8. I wish they would seize his ass. Nt

[bearssoapbox]

9. If/when he's convicted and sent to prison.....

.....You, along with hundreds of thousands or even millions more people......

......Will get that wish when he goes to prison.