Deustche Bank: The Money Has Been Followed
Hello! I’m Mike Sax and I’m running for Congress in the NY2 District. If you agree we need a Democratic Congress to get to the bottom of what happened in Russia Please Donate.
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Now let’s get to it:
The money has been followed.
This is how Rachel Maddow-the only person you can trust on cable tv-put it last night. OK-I like Lawrence and Chris Hayes too! Though she’s THE best.
So we now know that Deutsche bank has been subpoenaed and has started sending documents to Mueller.
FT confirms earlier reports: Deutsche Bank has begun sending information about its dealings with Trump to investigators following a subpoena by Mueller.https://t.co/7ifK5Mp5E2
— Kyle Griffin (@kylegriffin1) December 5, 2017
“Robert Mueller’s reported request to Deutsche Bank for information on Donald Trump’s loans indicates the special counsel has now crossed a “red line” the president identified months ago, and could ultimately solve the mystery of how much Trump is really worth.”
“The accounts in at least five separate news articles suggest, for the first time, that the prosecutor is looking into whether Russian money laundering fostered the Trump Organization’s growth and development after Donald Trump’s six bankruptcies rendered him radioactive to American banks.”
“Deutsche Bank stepped in and helped Trump, at a time when its Moscow office had become a focal point for moving capital from Russia to the West. Earlier this year, the bank paid $630 million to settle charges of laundering $10 billion for Russians.”
At a time when no other American bank would touch him Deustsche was there. What they and Herr Trump had in common was they both were happy to launder dirty Russian money.
“Deutsche Bank is synonymous with Russian money laundering,” Luke Harding, author of Collusion, a book on the Trump-Russia connections, said in an interview with Newsweek Tuesday.
Indeed. By the way, I recently read Collusion.
Excellent work-a total must read.
However, you should know that I, Mike Sax, the Democratic Congressional candidate for NY2 have my own book to be published by January 15 at the latest. Keep your eye out. This, is going to be a very visceral book: you’ll either love it or hate it. Those are the kinds of books I like and that’s what I’m endeavoring to write.
It’s all about the 2016 rigging of the election. Title: But What About Your Emails, Secretary Clinton?
Back to Newsweek:
“The bank’s $300 million loan to Trump, after the oft-bankrupt magnate fell behind on a separate loan from the German bank, was highly unusual according to banking experts, and likely raises questions for Mueller’s investigators about who or what was backing the additional funds.”
“In 2008, according to Harding’s book, Trump was refusing to pay off a $640 million loan, which he was using for a project in Chicago. He blamed the financial crash for his failure to pay. When Deutsche Bank tried to collect, Trump went on the offensive, and sued the bank in Queens, New York, demanding $3 billion for its role in the crash.”
“Two years later, all was forgiven and the bank was loaning him $300 million, due in 2023 and 2024. It was not the first time lenders had doubled down on bad loans to Trump, but American banks never revisited that strategy after Trump’s $900 million bankruptcy in the 1990s.”
The Deutsche Bank deal shocked Harding’s sources. “Asked whether it was normal to give more money to a customer who was a bad credit risk and a litigant,” Harding wrote, “one former senior Deutsche Bank staff member said: “Are you fucking kidding me?”
Again, those who launder dirty Russian money together stay together.
Adam Schiff argues this fact is the real Kompromat:
“In a statement, Representative Adam Schiff, the top Democrat on the House Intelligence Committee looking into the Russian election interference, said: “Special Counsel Mueller’s subpoena of Deutsche Bank would be a very significant development. If Russia laundered money through the Trump Organization, it would be far more compromising than any salacious video and could be used as leverage against Donald Trump and his associates and family.”
The Schiff statement said, in part, that “ there have been credible allegations that Russian nationals may have used Trump properties to launder money.”
Schiff also pointed out that Donald Trump Jr. bragged about getting money from Russia. Donald, Jr. said in 2008: “Russians make up a pretty disproportionate cross-section of a lot of our assets.” A golf writer, James Dodson, reported that brother Eric Trump went further, and more recently, boasting in 2014 that the Trump Organization had access to $100 million in Russian funds. Eric Trump has challenged that report.
The release of Deutsche Bank’s records should solve the dispute.
Indeed it should.
P.S. I’m Mike Sax, I’m running for Congress in the NY 2nd District and I’m a Hillary Clinton Democrat.
Meeting her recently was one of the biggest honors in my life to stand next to such a fine public servant and trailblazer. She seemed to like our Impeachment Train campaign t shirts too!
And please donate so we can compete with Peter King’s $4 million. I know no lobbyists or millionaires like Peter King. Small donations are the engine of the Mike Sax NY2 campaign. Together we can do it. Because we must.