politics @lemmy.world jeffw @lemmy.world 1y ago

Trump deceived Deutsche Bank, former exec testifies

www.motherjones.com Trump deceived Deutsche Bank, former exec testifies

He vastly overstated his wealth to obtain favorable loan deals, prosecutors allege.

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.

27 comments

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

So theres that..
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.
No one but Deutsche Bank is surprised by this.
Well then why do you keep giving the chucklefuck loans…?
- Different rules when you're rich.
  
  *pretending to be rich
- 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.
- Because Russian oligarchs told them to?
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."
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.
- ayo ill sound vindictive.
  
  Let's punch him in the cock.
  
  Grab his dick and twist it
  
  Leave Toad out of this :(
  
  I chortled and I'll second that!
  
  Give 'im the oooolllll' Cock Punch.
- Wanting someone to be held accountable for their decades long crime sprees isn’t vindictive or greedy; I’d argue it’d just be (long) delayed justice.
Look how..he looks.
- My god... Such tiny hands
Fuck the lot of ‘em.
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.
Ok. He deceived a nation. And he succeeded. He's not in jail, so he's still succeeding. Any further news?

27 comments