A former Deutsche Bank executive testified this week that the German financial behemoth only agreed to make massive loans to Donald Trump because of Trump’s vast personal fortune. The problem? The bank apparently thought, based at least partly on financial statements provided by Trump, that he was far wealthier than he really was.

  • @[email protected]
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    232 years ago

    If all we get out of this is a public, accurate picture of Trump’s finances, I’ll be ok. I would prefer some jail time (from criminal prosecutions) but don’t want to sound vindictive or greedy.

  • @[email protected]
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    282 years ago

    Normal people applying for loan: “bend over and relax, I’m going to check your financial status inside out.”

    Asshats like Trump apply: “he looks rich. Let’s give him all we’ve got.”

  • Sagrotan
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    32 years ago

    Ok. He deceived a nation. And he succeeded. He’s not in jail, so he’s still succeeding. Any further news?

  • TigrisMorte
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    462 years ago

    So what? All Deutsche Bank did was front for Russian money laundering to 45. They would have done that regardless of what they were told.

    • @[email protected]
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      32 years ago

      If you own the bank ten thousand dollars, it’s your problem.

      If you owe the bank ten billion dollars, it’s their problem.

      If they suddenly all go “this guy can’t have any more loans”, then they won’t get paid back. Nobody wants to be the one without the chair when the music stops.

  • @[email protected]
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    1102 years ago

    Yeah, but Deutsche Bank also built a business specifically around allowing themselves to be deceived in these ways…

    So theres that…

  • @[email protected]
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    82 years ago

    They were shocked - SHOCKED- to find out that he was a liar.

    DB is a criminal enterprise, now it’s trying to cut ties with Donnie.