Drudge Retort: The Other Side of the News
Thursday, April 25, 2019

Deutsche Bank has begun the process of providing financial records to New York state's attorney general in response to a subpoena for documents related to loans made to President Donald Trump and his business, according to a person familiar with the production.

Advertisement

More

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.


Local paper when I visit with my parents...

Cuomo: NY investigations of Trump will continue
www.timesunion.com

...The many investigations of President Donald J. Trump, his associates, and his business dealings by multiple state and New York-based federal agencies will continue in the wake of reports that Special Counsel Robert Mueller did not find evidence that the president colluded with Russia to interfere with the 2016 presidential election.

Gov. Andrew M. Cuomo, citing the multiple indictments of Trump associates produced by the Mueller probe, said Tuesday that he did not think the report's findings would undermine local investigations.

Trump "is not out of the woods -- there are many cases that are pending," Cuomo told WNYC's Brian Lehrer on Tuesday. "It's been acknowledged that people (close to the president) have done criminal acts."

The president is being investigated by numerous state entities, including Manhattan District Attorney Cy Vance, the U.S. Attorney for the Southern District of New York, the state's attorney general, and the state Department of Taxation and Finance for civil and criminal offenses related to his businesses, his charitable foundation, and his presidential campaign.

Most recently, on March 11, Attorney General Letitia James' office subpoenaed Deutsche Bank and Investors Bank, which allegedly provided funds for Trump Organization projects. The latest inquiry came after Trump attorney Michael Cohen testified before a congressional committee that the president had inflated his assets to investors and the media, and understated them to tax authorities.

Last week, Trump characterized Cuomo and state authorities in his home state on Twitter as "presidential harassers."...


#1 | Posted by LampLighter at 2019-04-24 09:28 PM | Reply

"CNN reported that Deutsche Bank is turning over documents related to the Trump International Hotel in Washington, D.C., the Trump International Hotel and Tower in Chicago, the Trump National Doral Miami resort and Trump's unsuccessful attempts to buy the NFL's Buffalo Bills. The AFP report did not specify which documents the bank was beginning to give officials.

The Times has previously reported that the bank issued more than $2 billion in loans to Trump over the years, including during periods when his businesses struggled to get loans from other financial institutions."

thehill.com

He was too much a bad risk for most banks... not so for Republicans.

#2 | Posted by Corky at 2019-04-24 11:21 PM | Reply

Get out your hip boots, folks, and man the lifeboats. The dam on Trump, Inc. is about to burst.

#3 | Posted by Twinpac at 2019-04-25 08:50 AM | Reply

"Get out your hip boots, folks, and man the lifeboats. The dam on Trump, Inc. is about to burst."

I suspect we will need gas masks, the stench is going to be powerful. This guy is so corrupt that we won't believe what we are about to learn.

#4 | Posted by danni at 2019-04-25 09:25 AM | Reply

There's a lot of skeletons in those closets they are prying open.

#5 | Posted by hatter5183 at 2019-04-25 11:04 AM | Reply

He was too much a bad risk for most banks.
.........#2 | POSTED BY CORKY

how many times has this bank been found guilty of crime involving russia...of course they'd loan tRump money when they have russians telling them not to worry, that he "can't" default, if you know what i mean

#6 | Posted by 1947steamer at 2019-04-25 11:29 AM | Reply


@#6

BaFin to Deepen Deutsche Bank Money Laundering Investigation (Feb 2019)
www.financemagnates.com

...Deutsche Bank released a statement on Friday saying that BaFin, the German financial regulator, has extended the remit of an independent auditor examining the lender's role in the Danske Bank money laundering scandal.

The case stems from an ongoing investigation into the Danish bank's Estonian division.

Asia Trading Summit – The Leading Investment Event in China

After a whistle-blower sounded the alarm about the activity of certain customers, most of whom were from Russia and the former Soviet Union, in late 2018, it became apparent that Danske Bank's Tallinn-based operations were doing business with some less than scrupulous individuals.

It is alleged that the bank laundered around $225 billion from 2007 to 2014. If that is the case, it would potentially be the largest instance of money laundering ever uncovered.

Deutsche Bank falls into the mix as it acted as Danske Bank's main correspondent bank. According to the Financial Times, the German bank was responsible for facilitating $180 billion in suspicious transactions....


www.npr.org

...In recent years, Deutsche Bank has been in the news not only for its prominence in the Panama Papers, but also for its ties to President Trump, in a tumultuous relationship that goes back some 20 years.

Trump and the bank once sued each other after he failed to repay a $300 million loan. And the author and reporter Luke Harding has described a "shuffle of money" between the bank's dealings with figures in Russia and its business with Trump. ...


Sure seems to be a lot of suspicious money laundering activity surrounding Deutsche Bank....


#7 | Posted by LampLighter at 2019-04-25 12:07 PM | Reply

Follow the Money. That's how the Fat Oringe Mafia Don crumbles.

#8 | Posted by donnerboy at 2019-04-25 12:30 PM | Reply

"Deutsche Bank?"
"Don't remember them"
"Didn't they get us coffee?"

#9 | Posted by Docman at 2019-04-25 05:57 PM | Reply

Trump lies to get his loans. So what Deutsche has ain't worth much, except to compare with his tax returns.

#10 | Posted by bayviking at 2019-04-25 11:13 PM | Reply

BAY

The tax returns are just another trail of cookie crumbs leading the investigations to other investigations and so on . . . and so on . . . and so on.

The purpose is to make it all land in Trump's lap like a stinking pile of fresh cow dung.

#11 | Posted by Twinpac at 2019-04-25 11:57 PM | Reply

The tax returns are just another trail of cookie crumbs leading the investigations to other investigations and so on ... and so on ... and so on.
The purpose is to make it all land in Trump's lap like a stinking pile of fresh cow dung.

#11 | POSTED BY TWINPAC AT 2019-04-25 11:57 PM | FLAG:

Yes because the IRS won't be able to find anything. Which form do you use to disclose the laundered money? Someday Twin you might actually pay taxes and when you do hopefully you will have at least a small amount of knowledge of how they work. But until then you might want to stop talking about tax returns and how they will bring the President down just because he won't provide them. Remember when Maddow had the enormous bombshell that she had a couple of years of Trump's returns and when she showed them it showed that he actually paid a higher percentage than Clinton, Obama and Bernie?

#12 | Posted by fishpaw at 2019-04-26 01:06 PM | Reply

Trump lies to get his loans. So what Deutsche has ain't worth much, except to compare with his tax returns.

#10 | POSTED BY BAYVIKING AT 2019-04-25 11:13 PM | FLAG:

Which tax form do you report your loans on?

#13 | Posted by fishpaw at 2019-04-26 01:08 PM | Reply

Comments are closed for this entry.

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2019 World Readable

Drudge Retort