I watched this in absolute amazement last night because it ties together a number of concerning tidbits about Deutsche bank and Trump and Jared Kushner.
Here is a few more details from the book courtesy of NYT:
One of the bank’s more troubling activities was laundering billions of Russian rubles (via sham transactions known as “mirror trades”) into U.S. dollars. Then there was client Trump. Enrich’s portrait isn’t new, but it makes for painful reading: the smooth persuasions, the obsequious flatteries, the lying about his net worth to garner loans for office buildings, resorts, casinos.
When Deutsche’s real estate team cut off Trump, private banking opened the spigot. When a loan came due, Trump had “no intention” of repaying, as if the rules for him were different. Deutsche’s brass was so in thrall to Trump’s celebrity, and so eager to expand in America, one division lent $48 million to cancel the debt on a Chicago skyscraper — a debt Trump had defaulted on with another wing of the same bank. They bought his pitch as voters would. In what could serve as a requiem for the country’s lost innocence, the general counsel said, “What the hell are we doing lending money to a guy like this?”
………
Enrich’s most tantalizing nugget is that in the summer of 2016, Jared Kushner’s real estate company (which received lavish financing from Deutsche) was moving money to various Russians. A bank compliance officer filed a “suspicious activity report,” but the report was quashed and she was fired. The suggestion that maybe the money was payback for Russian campaign meddling isn’t one that Enrich can prove.
The author may not be able to prove that Jared Kushner was sending money to Russia to pay for their help with the 2016 election, but the circumstantial evidence is farly convincing.
House Democrats have tried repeatedly to subpoena financial records from Deutsche Bank but the last we heard the Supreme Court had placed a temporary block on that request back in December.
I think once that block is lifted that we will see all kinds of things that Trump is deserpate to keep us from seeing.
And one of those things might just be that Trump paid Russia to help him in 2016, and used his son-in-law as his go between.
More and more po’d at the Supreme Court. We’d all be hung out to dry.
Deutsche Bank funded the ovens that murdered the Jews. Look it up.
Melanias relatives are said to have operated the ON and OFF switches for the showers and ovens at all WW2 death camps.
Remember how she doesn’t care “anymore”? Apparently she never did.
‘Farben chemical company, that used loans and bank credits in connection with building Auschwitz. Deutsche Bank also provided a line of credit totaling 400,000 reichsmarks to a small company, Bielitz W. Riedel & Son, that built walls, bridges, floors and roofing at Auschwitz.’
https://www.nytimes.com/1999/02/05/world/german-bank-opens-files-on-financing-of-auschwitz.html
Oh, and what about the mysterious $555 Million that paid off Kushner’s debt on that huge office building in NYC?
Quack, quack, quack.
https://www.vanityfair.com/news/2019/02/qatar-666-5th-ave-jared-kushner
“six months before the Kushners would have to cough up the $1.4 BILLION that was due on the mortgage for 666 Fifth Avenue, a Canadian asset-management company swooped in and agreed to take a 99-year lease on the building, paying a near-century’s worth of rent upfront. The bailout was surprising for a few reasons, chief among them being comments by the Kushners’ previous partner that 666 Fifth “would be worth a lot more if it was just dirt,””
This is one of the reasons trump is hiding his tax returns, the other is they use two sets of books, one real and one fake for the IRS
https://www.amazon.com/Dark-Towers-Deutsche-Donald-Destruction-ebook/dp/B07NLFHHJ3
https://www.npr.org/2020/02/18/806984703/dark-towers-is-a-cautionary-tale-of-pursuing-profits-at-any-cost
“Just how disconnected the bank became can be seen in its ongoing relationship with a then New York real estate developer named Donald Trump, whose multiple bankruptcies had made him a pariah in the banking world. One part of Deutsche Bank turned down Trump’s request for a loan. But the private banking division, which catered to the rich and famous, arranged the loan anyway — and then, when Trump stopped making payments, arranged another one.
Trump’s murky relationship with Deutsche Bank is still under congressional investigation, so Enrich’s story is necessarily incomplete. Still, the book has enough detail to make its case that Deutsche Bank was more than just one more rogue bank; it is a cautionary tale of what happens when a bank pursues profits at any cost”
Just wondering how many times we have to be told that Deutsche Bank is part of Donald Trump’s money laundering operation for Russian money and has been for many years, before were willing to accept the facts.