Drudge Retort: The Other Side of the News
Thursday, May 18, 2017

VEB, a Russian state-run bank under scrutiny by U.S. investigators, financed a deal involving Donald Trump's onetime partner in a Toronto hotel tower at a key moment for the project in 2010, according to people familiar with the transaction, the Wall Street Journal reported Wednesday. Trump's partner, Russian-Canadian developer Alexander Schnaider, pumped money into Trump's Toronto hotel after selling his company's share in a Ukrainian steelmaker. The Russian bank Vnesheconombank (VEB) provided the money for the sale, according to the Journal -- a transaction worth about $850 million. The buyer has not been publicly identified, but two sources familiar with the matter told the Journal that the money was provided by an entity acting on behalf of the Russian government.

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Federal investigators are looking into Trump and his associates' ties with Russian financial institutions, including VEB, which is currently under Ukraine-related sanctions. Trump senior adviser and son-in-law Jared Kushner reportedly met with the chairman of VEB in December.

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Another day, another Trump/Russia issue bubbles to the surface probably to be swallowed like the rest. According to reports, Putin himself had to sign off on this loan and the entire transaction is related to the Russian spy ring that Preet Bharara busted before his firing, including one spy who's cover job was working for VEB.

But according to Comrade Trump there is nothing to the Russia stories but for rascally Democrats still mad that Hillary lost the EC.

Tic Toc....

#1 | Posted by tonyroma at 2017-05-17 02:12 PM | Reply | Newsworthy 2

...the money was provided by an entity acting on behalf of the Russian government.

Trump has no meaningful ties with Russia or Russian entities -- "with a few exceptions."

#2 | Posted by donnerboy at 2017-05-17 02:15 PM | Reply | Funny: 2

To Trump $850 million is not meaningful.

#3 | Posted by danni at 2017-05-17 02:31 PM | Reply

Drip..
Drip...
Drip...

#4 | Posted by Doc_Sarvis at 2017-05-17 02:49 PM | Reply

"Federal investigators are looking into Trump and his associates' ties with Russian financial institutions, including VEB, which is currently under Ukraine-related sanctions. Trump senior adviser and son-in-law Jared Kushner reportedly met with the chairman of VEB in December."

You don't say?

#5 | Posted by Gal_Tuesday at 2017-05-18 12:33 PM | Reply

Clinton was impeached after lying under oath once about a -------.

Trump lies constantly including under oath.

Can't wait for the deposition.

#6 | Posted by Sycophant at 2017-05-18 01:45 PM | Reply

- Can't wait for the deposition.

Imagine being a defense attny and Trump is your client on the stand. No one would blame you for running out of the court room asap.

#7 | Posted by Corky at 2017-05-18 01:48 PM | Reply


Advisers Urge Trump to Hire an Outside Lawyer
www.nytimes.com

...Several White House advisers and personal associates of President Trump have urged him to hire an experienced outside lawyer to help him deal with issues arising from a surging controversy over whether his campaign had ties to Russia, according to several people briefed on the conversations....

Lawyer up!

#8 | Posted by LampLighter at 2017-05-18 02:04 PM | Reply

This site would be more fun if there were any intelligent conservatives here willing to try and defend trump anymore.

All we're left with is a bunch of racist morons who can't do anything but say "well he still won" or something about hillary.

#9 | Posted by SpeakSoftly at 2017-05-18 02:07 PM | Reply | Newsworthy 3

Spin away, Cookfish, Afkababble, onetontomato, JeffJ etal!

#10 | Posted by e1g1 at 2017-05-18 02:07 PM | Reply

And all of this is on top of another Trump property that makes no sense whatsoever unless....

The building, a five-star hotel and residence called the Trump International Hotel & Tower Baku, has never opened, though from the road it looks ready to welcome the public. The development was conceived, in 2008, as a high-end apartment building. In 2012, after Donald Trump's company, the Trump Organization, signed multiple contracts with the Azerbaijani developers behind the project, plans were made to transform the tower into an "ultra-luxury property."

For an expensive hotel, the Trump Tower Baku is in an oddly unglamorous location: the underdeveloped eastern end of downtown, which is dominated by train tracks and is miles from the main business district, on the west side of the city. Across the street from the hotel is a discount shopping center; the area is filled with narrow, dingy shops and hookah bars. Other hotels nearby are low-budget options: at the AYF Palace, most rooms are forty-two dollars a night.

To this day, the Trump Organization has not provided satisfying answers to the most basic questions about the Baku deal: who owns Baku XXI Century, the company with which they signed the contracts; the origin of the funds with which Baku XXI Century paid the Trump Organization; whether the Mammadovs used their political power to benefit themselves and the Trump Organization; and whether the Mammadovs used money obtained from the Iranian Revolutionary Guard to fund the Trump Tower Baku.

Senator Sherrod Brown, of Ohio, who is the ranking Democratic member of the Committee on Banking, Housing, and Urban Affairs, said, in an e-mail, that a federal investigation was warranted: "The Trump Organization's Baku project shows the lack of ‘extreme vetting' Mr. Trump applied to his own business dealings in corruption-plagued regimes around the globe. . . . Congress -- and the Trump Administration itself -- has a duty to examine whether the President or his family is exposed to terrorist financing, sanctions, money laundering, and other imprudent associations through their business holdings and connections."

More than a dozen lawyers with experience in F.C.P.A. prosecution expressed surprise at the Trump Organization's seemingly lax approach to vetting its foreign partners. But, when I asked a former Trump Organization executive if the Baku deal had seemed unusual, he laughed. "No deal there seems unusual, as long as a check is attached," he said. www.newyorker.com

money laundering????

#11 | Posted by tonyroma at 2017-05-18 02:20 PM | Reply

#9 | Posted by SpeakSoftly

That's because there is no reasonable way to defend him. Period. You have to have a deep unreasoning hatred of "Liberals" (at the very least of Hillary) or be a Russian to still support this tool. Even most of the actual Racists aren't trying to support him anymore.

#12 | Posted by GalaxiePete at 2017-05-18 02:20 PM | Reply

#11 | Posted by tonyroma

That story's been around for a while. And you bet it was money laundering. That whole project makes zero sense. If they would have put it in Baku where it makes sense...

#13 | Posted by GalaxiePete at 2017-05-18 02:23 PM | Reply

That story's been around for a while.

Yes I know. The pieces of the Trump puzzle are lying around all over the place if someone wants to try and put them together. Donald Trump IS organized crime and every single fact of his known business associates point to that fact, particularly the source of his money after having stiffed Western banks in numerous bankruptcies.

It's easy to understand how Russia holds sway over Trump, they own him and they've bought most of the people around him in one way or another.

#14 | Posted by tonyroma at 2017-05-18 02:28 PM | Reply | Newsworthy 1

That story's been around for a while. And you bet it was money laundering.
#13 | Posted by GalaxiePete

So was the florida mansion trump bought at auction for $50 million, then turned around and immediately sold to a russian oligarch for $100 million.

Yeah he' just a good real estate investor I'm sure. Billionaires love paying twice what something is worth. That's how they get so rich isn't it?

#15 | Posted by SpeakSoftly at 2017-05-18 02:52 PM | Reply

This site would be more fun if there were any intelligent conservatives here willing to try and defend trump anymore.
All we're left with is a bunch of racist morons who can't do anything but say "well he still won" or something about hillary.

#9 | POSTED BY SPEAKSOFTLY AT 2017-05-18 02:07 PM | FLAG: | NEWSWORTHY 2

This story proves why you and the others that buy into it are morons and frankly why the press puts it out.
The guy was someone that invested in Real Estate and he invested because he thought it was a good investment. His money came from selling his interest in a Ukraine steel company. What is one of the nations that borders Ukraine? Yes you got it, Russia. Does Russia need steel? Yes I would think so. Might the Russian government need steel for bridges and buildings? I would think so as well. So the guy is Russian/Canadian and just makes a bunch of money which is the American dream by the way, sees a potential investment where he can make a return and makes it. That is how business works. What I'm trying to figure out and maybe you morons can help me is how this explains why Hillary lost the election.

#16 | Posted by fishpaw at 2017-05-18 03:14 PM | Reply

#16 | Posted by fishpaw at 2017-05-18 03:14 PM

Hey, fish, did you ever figure out how to tell dates? LOL!!!

#17 | Posted by Hans at 2017-05-18 03:16 PM | Reply

Hey, fish, did you ever figure out how to tell dates? LOL!!!

No, but he's the freaking master of telling lies!

#18 | Posted by tonyroma at 2017-05-18 03:25 PM | Reply | Newsworthy 1

#18 Tell me what is a lie about #16. Didn't think so. Make sure you two don't get your hands too close to the fryolator tonight.

#19 | Posted by fishpaw at 2017-05-18 03:56 PM | Reply

#19 | Posted by fishpaw

Are you ready for Donald to reveal his finances?

#20 | Posted by Zed at 2017-05-18 04:01 PM | Reply

Sure, his tax returns yes but he doesn't need to provide full detailed P&Ls for each and every property.

#21 | Posted by fishpaw at 2017-05-18 04:07 PM | Reply

"Make sure you two don't get your hands too close to the fryolator tonight." - #19 | Posted by fishpaw at 2017-05-18 03:56 PM

First it started with:

Not sure how Hans knew what Boaz said on the Kennedy thread when Hans wasn't here but keep trying.

Posted by fishpaw at 2017-05-18 11:58 AM | Reply | Flagged newsworthy by gracieamazed

Then came the ridicule:
Might want to wash that info off, seeing as you pulled it from your bum, fish

Hans was clearly replying to Boaz (regarding the initial comment on Kennedy's death) who joined in 2005.

Reading is fundamental

#72 | Posted by RevDarko at 2017-05-18 11:37 AM

Fishpaw,

WTF are you babbling about. Hans has been here since before I have been here.

Joined 2005/06/16

#95 | Posted by bocaink at 2017-05-18 12:09 PM

Do you learn from Jeffy how to be wrong about everything or is the training vice-versa?

#98 | Posted by bocaink at 2017-05-18 12:11 PM

"Joined 2005/06/16"

Hilarious. Fishpaw thinks the above means someone joined in 2016. It must be difficult to be that stupid.

#106 | Posted by mOntecOre at 2017-05-18 12:34 PM

Yer mean that isn't the 2005th of June, 2016???

#107 | Posted by MrSilenceDogood at 2017-05-18 12:35 PM

A new Drudge meme has been born!

#22 | Posted by Hans at 2017-05-18 04:09 PM | Reply

Sure, his tax returns yes but he doesn't need to provide full detailed P&Ls for each and every property.

#21 | Posted by fishpaw at 2017-

Sure he does. The allegation is money-laundering.

#23 | Posted by Zed at 2017-05-18 04:26 PM | Reply

"but he doesn't need to provide full detailed P&Ls for each and every property"

Why not. Real-estate has long been associated with Money Laundering

#24 | Posted by ChiefTutMoses at 2017-05-18 04:35 PM | Reply

Might the Russian government need steel for bridges and buildings? I would think so as well. So the guy is Russian/Canadian and just makes a bunch of money which is the American dream by the way, sees a potential investment where he can make a return and makes it. That is how business works. What I'm trying to figure out and maybe you morons can help me is how this explains why Hillary lost the election.

#16 | Posted by fishpaw

Sure sounds totally innocent. So why did trump lie and say he had no business or financial connections to russia?

Do you usually lie when you aren't trying to hide something?

#25 | Posted by SpeakSoftly at 2017-05-18 05:15 PM | Reply

This story proves why you and the others that buy into it are morons and frankly why the press puts it out.
#16 | POSTED BY FISHPAW

"The buyer has not been publicly identified, but two sources familiar with the matter told the Journal that the money was provided by an entity acting on behalf of the Russian government."
Missed this part or ignored it?

#26 | Posted by Sycophant at 2017-05-18 06:01 PM | Reply

Who cares.

#27 | Posted by WhiteDevil at 2017-05-18 09:13 PM | Reply

America does.

#28 | Posted by BruceBanner at 2017-05-18 10:19 PM | Reply

Oh.

Okay. So Trumps old partner borrowed some money from a bank in Russia.

America Cares! It cares! Really! All of us, actually, who are Americans. We all care.

#29 | Posted by WhiteDevil at 2017-05-19 06:35 AM | Reply

"Okay. So Trumps old partner borrowed some money from a bank in Russia."

Well, not just any partner and not just any bank:

"Trump's partner, Russian-Canadian developer Alexander Schnaider, pumped money into Trump's Toronto hotel after selling his company's share in a Ukrainian steelmaker. The Russian bank Vnesheconombank (VEB) provided the money for the sale, according to the Journal -- a transaction worth about $850 million.

VEB, you might remember, is the bank the Russian spies who tried to recruit Carter Page worked for. You know, in the case those spies were successfully prosecuted by Preet Bharara:

The federal case resurfaced in news reports last week when Kushner confirmed that in late December he met with the director of the Russian-owned Vnesheconombank (VEB) at the suggestion of the Russian ambassador to the U.S. VEB is under Ukraine-related sanctions by the U.S. Bank officials told ABC News in a statement that the meeting with Kushner was business related.

Federal prosecutors argued that Buryakov had use his job as a high-ranking official in the Manhattan office of VEB as cover for espionage. He was arrested on Jan. 26, 2015, and accused of serving as an agent for SVR. According to the U.S. Department of Justice, Buryakov operated under nonofficial cover, posing as a private citizen while he passed information to two SVR agents tasked with gathering economic intelligence about the United States.

"More than two decades after the end of the Cold War, Russian spies still seek to operate in our midst under the cover of secrecy," said former U.S. Attorney Preet Bharara, whose office handled the case, in 2016. "But in New York, thanks to the work of the FBI and the prosecutors in my office, attempts to conduct unlawful espionage will not be overlooked. They will be investigated and prosecuted."

abcnews.go.com

Of all the gin joints, I mean banks, in the world, you had to get a loan from mine. Yep, had to cause after so many bankruptcies, American banks wouldn't lend money to Trump anymore.

#30 | Posted by Gal_Tuesday at 2017-05-19 07:02 AM | Reply

You might also remember that was fired by Trump and at the time:

"Bharara was also investigating corrupt Russian businessmen and officials (and a witness for the case was pushed or fell from a window the day before he was set to testify in another court case)."

www.axios.com

But, yeah, why should anybody in America care? MAGA!!!

#31 | Posted by Gal_Tuesday at 2017-05-19 07:14 AM | Reply

You might also remember that was fired by Trump and at the time:

should be

You might also remember Bharara was fired by Trump and at the time:

Speaking of time, time for coffee. Good morning, sunshine! It's a good day for a good day.

Wonder what new revelations about Team Trump and the Russians await us?

#32 | Posted by Gal_Tuesday at 2017-05-19 07:25 AM | Reply

Of all the gin joints, I mean banks, in the world, you had to get a loan from mine. Yep, had to cause after so many bankruptcies, American banks wouldn't lend money to Trump anymore.

#30 | POSTED BY GAL_TUESDAY AT 2017-05-19 07:02 AM | FLAG:

Loan? Where did you get loan from? The developer sold a business to someone who borrowed the money from a Russian bank. He took that money and invested it into the hotel which I'm assuming is giving him a return on his investment. Hey if I or you was selling a house and was paid and the check cleared are you going to question where that money came from to fund that check? For all you know it could have come from the buyer of the house selling a painting on ebay to some Russian which I guess in your mind is money laundering.

#33 | Posted by fishpaw at 2017-05-19 01:17 PM | Reply

Loans, investments, purchasing of a Trump property for millions of dollars more than it was worth, only to tear it down.. Yeah, I would suspect money laundering is involved in many of Trump's dealings:

ZEMBLA - The dubious friends of Donald Trump: the Russians

www.youtube.com

#34 | Posted by Gal_Tuesday at 2017-05-19 01:47 PM | Reply

I'm sure you believe the world is flat. Holy crap.

#35 | Posted by fishpaw at 2017-05-19 03:19 PM | Reply

This site would be more fun if there were any intelligent conservatives here willing to try and defend trump anymore.

All we're left with is a bunch of racist morons who can't do anything but say "well he still won" or something about hillary.

Are you not reading and understanding the typical postings going on here? The dis-function is all the adjective bulling, name calling directed at any conservative postings. In fact now it is getting reduced down to making stuff up about some posting conservative that hasn't posted to a thread and then bashin the person down. Now that's the intellect going on here!

#36 | Posted by Crassus at 2017-05-20 02:15 AM | Reply

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