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Trump, of course, was considered such a bad businessman that no American bank wanted to loan him money, which is why he had to look abroad - and, even then, not top banks, b t lesser banks like Deutsche Bank (and later started copying up to Putin). Interestingly, Deutsche Bank "lost" Trump's tax returns.
The Money Behind Trump’s Money
The inside story of the president and Deutsche Bank, his lender of last resort.
By David Enrich
If they ever become public, the bank’s Trump records could serve as a Rosetta Stone to decode the president’s finances. Executives told me that the bank has, or at one point had, portions of Trump’s personal federal income tax returns going back to around 2011... One reason all these files could be so illuminating is that the bank’s relationship with Trump extended well beyond making simple loans. *Deutsche Bank managed tens of millions of dollars of Trump’s personal assets. The bank also furnished him with other services that have not previously been reported: providing sophisticated financial instruments that shielded him from risks and outside scrutiny, and making introductions to wealthy Russians who were interested in investing in Western real estate. If Trump cheated on his taxes, *Deutsche Bank would probably know. If his net worth is measured in millions, not billions, *Deutsche Bank would probably know. If he secretly got money from the Kremlin, *Deutsche Bank would probably know...
A small team sifted through Trump’s personal and corporate financial records and tax returns. The first thing the bankers noticed was that Trump was, once again, vastly overstating his fortune, assigning absurdly high valuations to his real estate assets. In one especially egregious case, he claimed that a property he bought in Westchester County for about $7 million was now worth $291 million. The bank ended up reducing the assets’ values by as much as 70 percent.
Last April, congressional Democrats subpoenaed Deutsche Bank for its records on Trump, his family members and his businesses. The Trump family sued to block the bank from complying; after two federal courts ruled against the Trumps, the Supreme Court has agreed to hear the case, with oral arguments expected in the spring. State prosecutors, meanwhile, are investigating the bank’s ties with Trump, too. The F.B.I. has been conducting its own wide-ranging investigation of Deutsche Bank, and people connected to the bank told me they have been interviewed by special agents about aspects of the Trump relationship.
We all know the Supremes will kill any further investigation into Trump's finances, but the hope is Gov. Cuomo can do this at the state level in New York to find out the shady and intentionally murky dealings of this white collar criminal.
Of course, we all know Donald will release his tax returns before the election, right? Or is he going to after the election?
Oh wait, that was the last election, not this one.
One reason all these files could be so illuminating is that the bank’s relationship with Trump extended well beyond making simple loans. Deutsche Bank managed tens of millions of dollars of Trump’s personal assets. The bank also furnished him with other services that have not previously been reported: providing sophisticated financial instruments that shielded him from risks and outside scrutiny, and making introductions to wealthy Russians who were interested in investing in Western real estate. If Trump cheated on his taxes, Deutsche Bank would probably know. If his net worth is measured in millions, not billions, Deutsche Bank would probably know. If he secretly got money from the Kremlin, Deutsche Bank would probably know.
Russian collusion - failed
Impeachment - failed
Stormy Daniels - failed
Michael Avanati - aka maybe a candidate for president -failed and in jail
So... let's go back to the tax returns. This time we'll get him.
Failure is a mentality that the democrats can't shake !!!
Nearly four years of "we'll get him this time" and all the democrats with TDS only succeed in looking foolish !!! Failure has become their brand !!!
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