Trump Presidency Could Be Worth $14 Billion to His Troubled Lender

Donald Trump’s election has likely given a massive lifeline to Deutsche Bank, the German financial firm that has been rocked recently by rumors that they would have to pay a $14 billion fine to the Justice Department over crisis-related mortgage abuses. That money is unlikely to ever be imposed, now that one of Deutsche Bank’s biggest borrowers – Trump – will soon be sitting in the White House.

Publisher: The Intercept | Author: David Dayen

TAGS
banks, conflict of interest, corruption, donald trump, and trump agenda
DATE PUBLISHED
2016-11-12 (Modified: 2016-11-12)

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https://theintercept.com/2016/11/10/trump-presidency-could-be-worth-14-billion-to-his-troubled-lender/

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