Trump’s Rothschild Bribe: Deutsche Bank Weighed Extending Trump Loans on Default Risk

Trump a notorious deadbeat and fraud...

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By Gavin Finch , Steven Arons , and Shahien Nasiripour for Bloomberg

  • Bank is said to have been concerned about default in office

  •  Executives considered extending maturities to address risk

Top Deutsche Bank AG executives were so concerned after the 2016 U.S. election that the Trump Organization might default on about $340 million of loans while Donald Trump was in office that they discussed extending repayment dates until after the end of a potential second term in 2025, according to people with knowledge of the discussions.

Members of the bank’s management board, including then Chief Executive Officer John Cryan, were leery of the public relations disaster they would face if they went after the assets of a sitting president, said the people, who asked for anonymity because the discussions were private. The discussions were about risks to the bank’s reputation and did not relate to any heightened concerns about the creditworthiness of Trump or his company, the people said.

AP graphic

Go-To Lender

Deutsche Bank had been Trump’s go-to lender for decades, even as other commercial banks stopped doing business with him because of multiple bankruptcies. Although the German lender’s investment bank had severed ties with Trump during the financial crisis, after he defaulted on a loan and then sued the bank, its wealth management unit continued to extend him credit.

But, as the New York Times first reported, Deutsche Bank had already turned down a request for a loan from the Trump Organization for work on a Scottish golf course in early 2016, during the campaign, in part because of concern that it might have to collect from a sitting president.

read more at Bloomberg

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3 COMMENTS

  1. Epstein is Israel’s trump card for sure. No doubt there is video of the Don banging some twelve year old on Epstein Island. Zio scum would never miss an opportunity like that for leverage.

  2. I think this is the bottom line as to why he quickly sold out to Israel. While they do not possess all the wealth in the world, they possess much of it. At minimum he did not want them attacking him every day if he had gone against them. Also, in a financial bind they might bail him out in trade for favors which he is clearly in a position to provide in secret. Unless some new development is disclosed, like his real tax returns being published or some other unknown like the Epstein saga coming to light, right now it looks like he is set for life. He will have armed protection for the remainder of his days like traitors Bush and Cheney do. I think if the traitor Mueller had anything we would have heard about it by now. Trump is a very very lucky liar, cheater and con artist.

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