This is more than the Trump-Putin conspiracy story although that may be part of it. It's about a corrupt president using his power for profit.
Mr. Trump’s relationship with Deutsche Bank spans two decades. During a period when most Wall Street banks had stopped doing business with him after his repeated defaults, Deutsche Bank lent Mr. Trump and his companies a total of more than $2.5 billion. Projects financed through the private-banking division include Mr. Trump’s Doral golf resort near Miami and his transformation of Washington’s Old Post Office Building into a luxury hotel.
When he became president, he owed Deutsche Bank well over $300 million. That made the German institution Mr. Trump’s biggest creditor — and put the bank in a bind.
Senior executives worried that if they took a tough stance with Mr. Trump’s accounts — for example, by demanding payment of a delinquent loan — they could provoke the president’s wrath. On the other hand, if they didn’t do anything, the bank could be perceived as cutting a lucrative break for Mr. Trump, whose administration wields regulatory and law enforcement power over the bank.
Contrary to
@schuylaar 's idiotic post saying "we got this", the whistle blower was one of several who flagged Kushner's transactions as highly suspicious. She said they recommended independent review of the transactions to determine if the transactions should be report to the US govt. Instead, the review was done by the same division that Trump owed rather than another group. While this is not new news, the details of the transactions and inside knowledge of where to find more information is invaluable. The transactions in question took place between 2016 and 2017 -- before and after Trump became president.
wow! what a surprise! I'm shocked beyond my wildest dreams!
