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Sat Feb 2, 2019, 11:39 AM

Trump Sought a Loan During the 2016 Campaign. Deutsche Bank Said No.

Donald J. Trump was burning through cash.

It was early 2016, and he was lending tens of millions of dollars to his presidential campaign and had been spending large sums to expand the Trump Organizationís roster of high-end properties.

To finance his businessís growth, Mr. Trump turned to a longtime ally, Deutsche Bank, one of the few banks still willing to lend money to the man who has called himself ďThe King of Debt.Ē

Mr. Trumpís loan request, which has not been previously reported, set off a fight that reached the top of the German bank, according to three people familiar with the request. In the end, Deutsche Bank did something unexpected. It said no.

Senior officials at the bank, including its future chief executive, believed that Mr. Trumpís divisive candidacy made such a loan too risky, the people said. Among their concerns was that if Mr. Trump won the election and then defaulted, Deutsche Bank would have to choose between not collecting on the debt or seizing the assets of the president of the United States.

https://www.nytimes.com/2019/02/02/business/trump-deutsche-bank.html

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Reply Trump Sought a Loan During the 2016 Campaign. Deutsche Bank Said No. (Original post)
demmiblue Feb 2 OP
The Velveteen Ocelot Feb 2 #1
underpants Feb 2 #2
The Velveteen Ocelot Feb 2 #4
spooky3 Feb 2 #3
Wellstone ruled Feb 2 #5

Response to demmiblue (Original post)

Sat Feb 2, 2019, 11:41 AM

1. If you can't get a loan from Deutsche Bank, whose lending standards have been, shall we say,

relaxed, where do you go for money? Just asking for a friend.

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Response to The Velveteen Ocelot (Reply #1)

Sat Feb 2, 2019, 11:44 AM

2. Well Wilbur Ross used to be Vice-Chairman at the Bank of Cyprus

Maybe he could have found some money...you know like when you find money in your jeans as you put them in the washer.

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Response to underpants (Reply #2)

Sat Feb 2, 2019, 11:46 AM

4. I'm just wondering what the dollars-to-rubles exchange rate is right now.

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Response to demmiblue (Original post)

Sat Feb 2, 2019, 11:45 AM

3. Deutsche Bank: the Ann Coulter of big lenders. Very

slow learners.

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Response to demmiblue (Original post)

Sat Feb 2, 2019, 12:53 PM

5. According to the Steele Dossier,

Danske Bank in Holland or Estonia became the new source. BTW,is was Estonian Intel that blew the lid off the Deutsche Bank Story.

The European Guardian News had been all over this link quite some time back. Our USA news people are so compremised by their Corporate Ownership.

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