#MAGA: Trump’s Special Favors for Big Banks

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank — which is owed at least $130 million by President Donald Trump and his business empire, and has also been fined for its role in a Russian money laundering scheme.

Trump owes the German bank at least $130 million in loans, according to the president’s most recent financial disclosure form. Sources have told the Financial Times the total amount of money Trump owes Deutsche is likely around $300 million. The president’s relationship with the bank dates back to the late 1990s, when it was the one major Wall Street bank willing to extend him credit after a series of bankruptcies. In 2016, the Wall Street Journal reported Trump and his companies have received at least $2.5 billion in loans from Deutsche Bank and co-lenders since 1998.

ibtimes.com

To all those people who didn’t vote for Hillary because she was in the international bankers pockets, I heard several people say this over the span of the 2016 campaign, how do you feel now? Now that the guy you either voted for or allowed to win by not voting or voting for somebody else. He’s done EXACTLY the thing that you just knew you were stopping Hillary from doing, how do you feel?

I still feel like we should #ImpeachTrump.

Facebook. h/t to Robert Reich

Postscript

No one ever told me how this revelation made them feel. They probably dismissed it as fake news, if their other behavior is any indication.

Author: RAnthony

I'm a freethinking, unapologetic liberal. I'm a former CAD guru with an architectural fetish. I'm a happily married father. I'm also a disabled Meniere's sufferer.

Attacks on arguments offered are appreciated and awaited. Attacks on the author will be deleted.