Deutsche Bank agrees to hand over Trump records to investigators and they may contain Russia probe

[deminks]

info.

http://www.rawstory.com/2017/07/deutsche-bank-agrees-to-hand-over-trump-records-to-investigators-and-they-may-contain-russia-probe-info/

Deutsche Bank has agreed to hand over records of its financial dealings with President Donald Trump after months of stalling and insistence that the records are confidential and privileged information.

Vanity Fair‘s Bess Levin wrote on Thursday that the German company was one of the last banks on Wall Street willing to do business with Trump after his long line of bankruptcies and unpaid debts.

Deutsche Bank loaned Trump hundreds of millions of dollars when no one else would. Now banking regulators are questioning why the banking giant would take on that kind of risk and taking a closer look at the relationship between Trump and Deutsche Bank — which, like the president, has significant ties to the Russian oligarchy.

The New York Times reported that investigators are “reviewing hundreds of millions of dollars in loans made to Mr. Trump’s businesses through Deutsche Bank’s private wealth management unit . . . to [see] if the loans might expose the bank to heightened risk.”

(end snip)

If you lie down with the dogs, you get up with fleas.

[cbreezen]

1. This is actually the biggest story of the day.

Thanks.

[ret5hd]

2. Was OJ a co-signer???

[malaise]

3. Get thee to the greatest page

Huge! This is why he threatened everyone at DOJ in that interview.
It's also why we haven't seen those tax returns all now.

[Miles Archer]

8. He told Mueller to not cross the red line when Mueller was already on the other side of it

"Warnings" from Trump (like Comey and "the tapes&quot are generally intended to scare and intimidate the "mark" into backing off.

Meuller will not back off. Trump will have to fire him, and then the real shitstorm will begin.

[malaise]

9. Precisely

He will learn - these are not the real estate goons

[robertpaulsen]

12. I hope that means the IRS has turned over ALL of Trump's tax returns to Mueller.

If so, then between that and Deutsche Bank, Trump is toast.

[forgotmylogin]

13. I'm glad he's got a huge staff hired.

I would guess that they're all pooling information so if 45 pushes the "slide to hot magma trap door" button under Mueller's feet, he doesn't take all the research and investigation totally with him.

[get the red out]

4. I hope they get the truth

From everything that has been dug up by journalists, Trump is just a crook.

[fleur-de-lisa]

5. Kickety Kick!

[Solly Mack]

6. K&R

[mopinko]

7. Deutsche Banks private wealth management unit

if i understand that phrase correctly, and knowing deutsche bank's involvement in money laundering, what it means is= oligarch's dirty money in-trump property equity (in american dollars) out.

[Not Ruth]

14. Isn't wealth management the opposite of lending money to Trump?

I vaguely remember that the key to success was finishing your MBA, calling up everyone that you knew and getting them to park a million or a billion with you. In return for which you collect an annual fee. Why not just park it in Treasuries you might ask. Excellent question. In short, wealth management as a profession is being a front for money laundering.

But it is the opposite of extending loans to a highly leveraged reality tv personality.

[SergeStorms]

15. Bingo!

Couldn't have said it better myself. And a belated "welcome" to Democratic Underground.

[jpak]

10. kick

n/t

[Corgigal]

11. Agreed, huh?

Get your dirty bank out of our country.

[cannabis_flower]

16. You think...

anyone in bank management made a deal to avoid prosecution?

[MyNameGoesHere]

17. Well now

Treat Germany like chumps and they just might have something to say about it. Also this is the flood gate opening. Germany and Deutsche Bank are huge, other banks might be so inclined to reveal dipshit dons slimy business dealings.

[Achilleaze]

18. Republicans don't like this at all

Shining light on the financial cesspool of the Republican draft dodger in chief