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Tue Nov 3, 2020, 06:57 AM

NEW - Deutsche Bank are exploring selling Trump loans, or, if he loses, demanding payment.




Deutsche Bank are exploring selling Trump loans, or, if he loses, demanding payment. Because the loans are personally guaranteed, the bank could attempt to seize all of Trump's assets if he does not pay.



Exclusive: Tired of Trump, Deutsche Bank games ways to sever ties with the president - sources
https://mobile.reuters.com/article/amp/idUSKBN27J0G0#click=https://t.co/8J2vzP1fRx
NEW YORK/FRANKFURT (Reuters) - Deutsche Bank AG is looking for ways to end its relationship with President Donald Trump after the U.S. elections, as it tires of the negative publicity stemming from the ties, according to three senior bank officials with direct knowledge of the matter.

Deutsche Bank has about $340 million in loans outstanding to the Trump Organization, the president's umbrella group that is currently overseen by his two sons, according to filings made by Trump to the U.S. Office of Government Ethics in July and a senior source within the bank. The three loans, which are against Trump properties and start coming due in two years, are current on payments and personally guaranteed by the president, according to two bank officials.

In meetings in recent months, a Deutsche Bank management committee that oversees reputational and other risks for the lender in the Americas region has discussed ways in which it could rid the bank of these last vestiges of the relationship, two of the three bank officials said. The bank has over the years lent Trump more than $2 billion, one of the officials said.

One idea that has come up in the meetings: sell the loans in the secondary market, two of the bank officials said. But one of the officials said that idea has not gained traction, in part because it is not clear who would want to buy the loans and the attendant problems that come with it.



Iíll buy them. Letís all go in on it. Offer, say, 1 ruble per dollar?

Paying the piper will destroy his fragile ego!

16 replies, 1211 views

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 07:00 AM

1. i cant wait to see his gold colored shitter on the ol auction block!

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 07:04 AM

2. But if he wins?

Business as usual.

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Response to luv2fly (Reply #2)

Tue Nov 3, 2020, 07:27 AM

8. It will be worse for us if they sell his loans.

Can you imagine how that would work out? The people or corporations who buy the loans have a piece of them. Not a good scenario.

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Response to Baitball Blogger (Reply #8)

Tue Nov 3, 2020, 07:51 AM

11. Putin or MBS could buy them.

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 07:06 AM

3. Someone's seen the light--decades too late. DB should face its share of consequences.

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 07:08 AM

4. They know he's fucked and are trying to get their share

Before our government starts seizing his assets.

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 07:11 AM

5. Dems should chip in a couple of bucks each and buy Trump Tower at auction.

We'll then have the sucker bulldozed and put in a park.

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Response to Vinca (Reply #5)

Tue Nov 3, 2020, 07:56 AM

12. Better yet, turn it into low income housing, and

change the name to The People's Tower. Lots o' folks would love that!

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Response to Trailrider1951 (Reply #12)

Tue Nov 3, 2020, 08:23 AM

14. Obama Tower. Shitler would have a stroke.

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 07:12 AM

6. There's a souvenir: buy some drumpf bad debt!

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 07:27 AM

7. Aren't those loans underwritten by Russian state-owned VTB Bank?

Maybe it doesn't matter in terms of pursuing Trump's assets. I hope they do!

Trump Deutsche Bank Loans Underwritten By Russian State-Owned Bank, Whistleblower Told FBI

https://forensicnews.net/2020/01/03/trump-deutsche-bank-loans-underwritten-by-russian-state-owned-bank-whistleblower-told-fbi/

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 07:29 AM

9. I wasn't aware that Deutsche Bank had a "reputation" that COULD be protected . . . .

It took them ten years to figure out that the soles of their shoes were nothing but dogshit?

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 08:14 AM

13. should have resold them to some russians last year. only buyers. that window is closed now.

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Response to bullimiami (Reply #13)

Tue Nov 3, 2020, 11:45 AM

15. wonder where Justin Kennedy is right now...

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Response to Roland99 (Original post)

Tue Nov 3, 2020, 01:00 PM

16. "demanding payment"



"it is not clear who would want to buy the loans and the attendant problems that come with it"



Aw, boo. You're stuck with this pig.

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