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Monday, February 13th, 2017

Bank that’s keeping Donald Trump afloat gets busted for Russian money laundering scheme

Author:    
Source:     Alternative Media Syndicate
Publication Date:     February 9, 2017
Link: Bank that’s keeping Donald Trump afloat gets busted for Russian money laundering scheme
Stephan:   We have never seen Trump's taxes, nor has there been any real attempt to deal with the multitude of his conflicts of interest. Here is just one aspect of what lies hidden behind the curtain. The media should be keeping this in the public eye and American citizens should be demanding the curtain be pulled back. Only you can make this happen.

President Donald Trump

Donald Trump’s debt problem is two fold. The first is a money problem: he’s so deeply in debt to various banks around the world that the billions he’s been documented owing to these banks may well exceed the value of his assets — which would mean he’s broke.

The second is a perception problem: his financial debt to Russia, combined with allegations that Russia is blackmailing him, and his oddly pro-Russia political policies, create a perception problem. Now it turns out these two problems may be the same thing.

One of the institutions Donald Trump is deeply in debt to is a German bank known as Deutsche Bank. It has a rocky history over the past decade of high risk investments and financial instability which mirror those of Trump’s own finances. At last count, Trump owed Deutsche Bank and its subsidiaries a combined $1.3 billion.

It never made sense why the bank in question, which has been struggling financially, would have loaned so much money to Trump — who has a long history […]

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