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2020-08-04 Home Front: Politix
Private banker to Trump and Jared Kushner under investigation by DeutscheBank
Never ends, does it?
[PUBLISH.TWITTER]
Posted by Fred 2020-08-04 00:00|| || Front Page|| [11134 views ]  Top

#1 DB is the dodgiest Bank going...
Posted by Bright Pebbles 2020-08-04 01:54||   2020-08-04 01:54|| Front Page Top

#2 /\ Right after all the other banks. At less than one percent interest rate on your savings account, it's pretty clear banks don't need or want your money.

The gov't has all the money borrowed up and has destroyed the banking industry. Much like everything else the gov't touches, it turns to kak.
Posted by Besoeker 2020-08-04 05:42||   2020-08-04 05:42|| Front Page Top

#3 Angie must be really pissed about the troop move to Poland.
Posted by AlanC 2020-08-04 07:23||   2020-08-04 07:23|| Front Page Top

#4 /\ If Vlad is upset, Angie is upset also.
Posted by Besoeker 2020-08-04 07:24||   2020-08-04 07:24|| Front Page Top

#5 When money is 'on call' from the Fed, why would they bother with thousands of depositors for capital? The purpose of the Fed was to mitigate the 'crashes' of the 19th Century only to see them preside over two Depressions of which they largely contributed. Sort of like the CDC was suppose to work in mitigating pan-epidemics not fumble the entire process.
Posted by Procopius2k 2020-08-04 07:26||   2020-08-04 07:26|| Front Page Top

#6 @#1 - Agreed, BP.
Posted by Clem 2020-08-04 07:41||   2020-08-04 07:41|| Front Page Top

#7 DB is a vehicle to loan money to german business and pretend the Euro is not destroying the german economy as well.

I'd say it was probably underwater and is purely a government led institution now (although lots of banks are).
Posted by Bright Pebbles 2020-08-04 08:02||   2020-08-04 08:02|| Front Page Top

#8 DB is said to be DEEP into derivatives (at least it was a few years ago). I was always under the impression that DB is walking dead.
Posted by Clem 2020-08-04 08:46||   2020-08-04 08:46|| Front Page Top

#9 They were into Fanny Mae and Freddie Mae when the market collapsed. Hey, that's where the unreal return on investment was compared to Euro ventures. There was no legal obligation on the part of the government to bail any investors out. Bush & Co did just that at everyone's expense because, among others, the Euro banks would have failed.
Posted by Procopius2k 2020-08-04 10:15||   2020-08-04 10:15|| Front Page Top

#10 Kushner grosses me out. The fact he will skate proves the game is bigger than the players.
Posted by M. Murcek 2020-08-04 11:30||   2020-08-04 11:30|| Front Page Top

#11 Yeah, I thought I remembered something about Deutsche Bank in the news just recently...

Deutsche Bank hit with $150M penalty over Jeffrey Epstein ties

Posted by Abu Uluque 2020-08-04 12:33||   2020-08-04 12:33|| Front Page Top

#12 Kushner and his TS/SCI clearance...at the behest of his father-in-law.
Posted by Clem 2020-08-04 12:46||   2020-08-04 12:46|| Front Page Top

#13 And there's this
Posted by Clem 2020-08-04 18:34||   2020-08-04 18:34|| Front Page Top

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