One part of Deutsche Bank turned down Donald Trump's request for a loan. But the private banking division, which catered to the rich and famous, arranged the loan anyway — and then, when Trump stopped making payments, arranged another one.
President Trump's relationship with Deutsche Bank is still under investigation, so David Enrich's story is necessarily incomplete. But he shows the bank's tale is complex — more than one gone rogue.
Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction.Among them was Bill Broeksmit, a risk management genius who subsequently killed himself as regulators were moving in on the bank and whose death is the mystery Enrich uses to frame the story.
) but allows the complicated material to unfold like a good novel.Just how disconnected the bank became can be seen in its ongoing relationship with a then New York real estate developer named Donald Trump, whose multiple bankruptcies had made him a pariah in the banking world. One part of Deutsche Bank turned down Trump's request for a loan. But the private banking division, which catered to the rich and famous, arranged the loan anyway — and then, when Trump stopped making payments, arranged another one.
Read more: NPR
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Follow the rubles laundered to deutche marks laundered to dollars laundered to buy a president. Sounds like we need to ImpeachTheMFAgain A great book. I'm hooked. Tbh if Democrats ever cared about corruption or ever wanted to legitimately impeach trump they would have pressed this issue harder. Definite syndicate activity... but Democrats care more about putting on a show than actual truth and justice...
And the boring attacks on the President, just dont stop, by wannabe 'news' media crap movers. It seemed Deutsche Bank may have created that new high risk branch... specifically for his and other high rollers & oligarch’s loans... and or money laundering.
RBC to launch U.S. consumer bank betting on wealthy clientsRoyal Bank of Canada plans to open a consumer bank in the United States early ne... Nice. The serfs will have their own bank. Good to know.
China's central bank vows to take more steps to support virus-hit economyChina's central bank will take further steps to support the virus-hit econo... Just keep printing ... Just think of all of the wealth that is being returned from the dead! Seriously 😑
4 reasons your tax refund won't reach your bank accountYou know you owe somebody money. But you might be shocked that your tax refund is smaller, thanks to delinquent student loans or other bills. Trump Trump Trump Trump Because Trump's tax cuts are letting you keep more of your money. It's in your paycheck, not your refund. Refunds are smaller because people are paying less in taxes thanks to Trump’s tax cut.
How JPMorgan Chase Became the Doomsday BankThe financial giant is the fossil-fuel industry’s biggest lender. Protesters hope a national campaign of civil disobedience will force it to change course America is energy dependent for the first time in history. But, whatever. These simpletons don't even know what it's like to win for their causes because they're always fighting a fight they'll never win.
Trump's Fed pick Judy Shelton called the central bank 'almost a rogue agency' in 2011President Trump's Federal Reserve nominee Judy Shelton said in 2011 that the central bank was 'almost a rogue agency' in the US government and had become a 'behemoth' that couldn't be trusted with oversight of the dollar Ok? If Obama picked her this wouldn’t be news. so she may be a good pick. agreed
Hughes fears Indian closure, bank disruptions over unpaid feesU.S. satellite broadband provider Hughes Network Systems may have to shut its In... Very bad. . adityakalra only bad news from India these days adityakalra I hope they aren't planning on being relocated to the U.S. for jobs, diplomatic solutions can be met that will bolster the Indian Economy without displacing any persons. StateDept