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General News    H3'ed 2/12/20

The Money Behind Trump's Money: The inside story of the president and Deutsche Bank, his lender of last resort.

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“In 1998, a roughly-$425 million loan marked the start of a very long, very complicated relationship: between ­Deutsche Bank and Donald Trump. Over the course of two decades, the bank lent him more than $2 billion. If Trump cheated on his taxes, ­Deutsche Bank would probably know. If his net worth is in millions, not billions, Deutsche Bank would probably know. If he secretly got money from the Kremlin, ­Deutsche Bank would probably know, as David Enrich reports  If they ever become public, the bank’s Trump records could serve as a Rosetta Stone to decode the president’s finances.”

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Susan Lee Schwartz Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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3 people are discussing this page, with 3 comments  Post Comment


Susan Lee Schwartz

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Author 40790
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(Member since Oct 25, 2009), 22 fans, 20 articles, 4260 quicklinks, 7882 comments, 2 diaries (How many times has this commenter been recommended?)
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What can be said. We know he is lawless. History will tell of is greatness" the greatest charlatan of all-time.

Submitted on Wednesday, Feb 12, 2020 at 3:43:24 AM

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Floyd Tolar

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No, even as a crook, he's an incompetent loser. Many years ago, I ran numbers for the local hoods. The coppers paid no attention to kids back then. I was a poor kid and they paid well.

They would be embarrassed by this fool. But they would do us all a great favor. They would give him some new footwear. The cement kind.

Submitted on Wednesday, Feb 12, 2020 at 7:54:49 PM

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Gene Engene

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And now, according to Russian financial news, Trump's debt to Deutsche Bank has been bought by the Russian State bank, within the last two months. Of course, it had to be approved by Putin to go through, but, so it has. The exact total amount of the debt was not revealed, but was stated as 'in excess' of $3 billion', which, if true, would likely render Trump's net worth somewhere below the billionaire status he fantasizes he possesses. But what this suggests is, that our 'president not even in name only' is in hock way over his head, to our potentially most dangerous enemy. Trump likely thinks uh fantasizes, that when he's re-elected, he can do so many favors for the Russians that his debt will be reduced, if not cancelled. Now THAT ought make for a dandy impeachment trial especially in front of a Democratic controlled Senate.

Submitted on Wednesday, Feb 12, 2020 at 10:36:19 PM

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