Deutsche Bank cuts off Trump and wants its money!

[Dennis Donovan]

Link to tweet

Michael Holmes @holmescnn

@nytimes - “Deutsche Bank, which has been Trump’s primary lender for two decades, has decided not to do business with Trump or his company in the future.

“Trump currently owes Deutsche Bank more than $300 million, which is due in the next few years.”

7:31 PM · Jan 11, 2021

Trump's world is imploding and I am HERE for it!!!

[kwolf68]

1. Time to Pay the Fiddler

You orange asshat.

[Maru Kitteh]

2. Well now he has something to take his mind off the PGA!

[iluvtennis]

74. LOL. 😂🤣😂 nt

[oswaldactedalone]

86. Well-played

[theneworiginal]

133. Maybe D-Bank was counting on some of that PGA cash.

It would have netted trump 9 figures. Now they may be worried about getting in line first for whatever cash he might have. He still has the election fraud fund, most of which he can use for whatever he wants.

Question: if he uses his fund for personal expenses, does he have to pay taxes on it beforehand? It is unearned income. If not, then why isn't everyone doing this?

[Hekate]

3. Bwahahahaha (catches breath) bwahahahaha (gets stitch in side) bwahahahaha (tears in eyes)...

Bwahahahaha (can’t catch breath) Ha — ha — ha — omg omg omg SCHADENFREUDE!

[fierywoman]

13. makes me so happy to hear you laugh like this!

[Hekate]

21. Hasn't been much to laugh about, has there?

[captain queeg]

71. Ditto

[ShazzieB]

104. I thave a feeling I'm going to be getting a lot of use out of this meme....

[TeamPooka]

4. Trump will stiff them.

[central scrutinizer]

19. Bankruptcy #5?

I’ve lost count

[Hekate]

28. If he declares bankruptcy it will be #7 I think

[Blue_true]

58. It will be #7 total, but I don't know which personal.

Most of his bankruptcies were for businesses that he ran into the ground.

[TomSlick]

29. The coming bankruptcy will be different.

The prior bankruptcies were of Trump businesses.

Trump has personally guaranteed his current debts. (BTW, real billionaires do not personally guarantee business loans.) When these personally guaranteed debts are called, tRump will have to file a personal bankruptcy.

[CanonRay]

24. The Russians guaranteed the loans at Deutschebank

If he stiffs the Russians for 300 mil, he'll find himself eating a ricin cheeseburger, Secret Service detail or not.

[in2herbs]

64. Russia, as a creditor --- does this mean that they can take possession of Trump Tower NY and

others?

[CanonRay]

66. I don't think they work that way

More likely to cut b off your fingers one joint at a time.

[niyad]

93. Well, I believe that they already own a fair number of the condos in that building.

[disndat]

128. money laundering

for Putin?

[theneworiginal]

117. Trump essentially got elected as POTUS because of his bankruptcies.

His business model was to stiff all the people and businesses he owed money to by going Chapter 11. He did it so often, he ruined his credit and needed to deal with shady lenders. Enter Deutsche Bank and Russian mob. The Russians cultivated this relationship for potential political capital and it paid off beyond their wildest dreams. As a Russian plant, the damage he has done to the US reputation, the serious compromises in national defense, the classified intel he and his family funnel to them, the blind eye he turns to Russia's massive transgressions--the value is incalculable.

But they will still want their money and they will hold him "hostage" for whatever else they can squeeze out of him for ever more. He is "their bitch." He knows it. They know it. And the Biden Admin knows it. He remains the biggest threat to our national security.

[WinstonSmith4740]

130. Even better.

He was known as such a dead beat, I'm willing to bet that even Deutsche Bank didn't want to lend to him. I can't remember if it was Qusay or Uday, but one of them made the statement a few years back that they were getting all the money they need from Russia. My fervent wish is that his man crush Vlad agreed to guarantee the loans, and I have a feeling that he's not a good person to owe money.

[mdelaguna]

5. Daaaaang!

[SheltieLover]

6. Awwwww

[Phoenix61]

7. YES!!!! He's going to be one broke mo'fo and

so will all his children. So much for a big divorce settlement. She should have got out when when the getting was good. I’m happily anticipating businesses moving out of his buildings.

[regnaD kciN]

26. Dear Melania...

Next time, remember -- if you're going to marry for money, it's a good idea to be sure your future spouse actually has any.

[fwvinson]

90. Russians are thru with him, so lots of empty space at Frump Towers.

[gldstwmn]

98. Melanie is on someone's payroll.

[secondwind]

105. She has 50 million of her own money.

She won’t starve 😢

[COL Mustard]

113. Melania? Or Ivanka?

[AnotherMother4Peace]

8. All the more reason to 25th his ass - he's enraged & vengeful. nt

[42bambi]

9. Fleeing like the rats that they are. Tick-Tock.

[RockRaven]

10. Serious question: by itself, ignoring any debts or liens or whatever, what is Trump Tower worth?

Does anyone know -- from a nonTrump source only, obviously?

And the same query about Merde-a-Lago?

[Blue_true]

51. From what I have read, he over-leverages the shit out of his properties.

Also, he has he name on stuff that isn’t his (for a fee). The big problem non-thug lenders have is being close to the front of the repayment line, cause we know that Putin, Erdogan and the Saudis are going to get their money one way or another, so they don’t have to shuffle into line.

[sir pball]

84. Probably enough to pay the DB debts

It is a large tower in a very premium location. Kushner's boondoggle, 666 5th Ave, sold in 2000 for $500M; I can't see Trump Tower going for much less, even factoring in the taint.

[Lonestarblue]

106. I remember reading that Trump Tower isn't up to code.

I think he bribed someone in the city to allow him to build with sprinklers. Not that I could afford an apartment there, but I would not want to spend many millions on a high-rise apartment that is a fire hazard. That would probably decrease its value, but it’s still worth a lot for its location.

[sir pball]

120. It was built before sprinklers were mandated

It's grandfathered out of the sprinkler requirement; IIRC any renovations have to include sprinkler installations but as long as you don't rip out walls, you're legally in the clear. It doesn't make a sale impossible but it definitely hurts the resale value; I'd be deeply pleased if DB used that rationale to offer to settle for the whole building. $50m or so in work and they've got a billion-dollar asset on their hands

[malaise]

11. Oh My!

If I were Donald Trump here's what I'd do tonight


https://soundcloud.com/the-gitmos/jump-motherfucker

[spanone]

22. Bwahahahahahahaaa

[malaise]

36. Hi there my brother

[spanone]

47. ♥️👋

[c-rational]

80. Thank you for that wonderful laugh malaise.

[Hoyt]

12. 3 Million rubes contributing $100 would pay off trump's tab.

[MyMission]

72. Are you suggesting he start a GoFundMe page?

I wouldn't put it past him or his family.

They've been bilking money from supporters as an income source. All that merchandise, multiple requests for donations daily for "legal expenses" is like a GoFundMe page. But an actual one to cover his debts would be just the sleazy thing they'd do; then he'd launder the donations and declare bankruptcy anyway. Note: they and he refer to 45 and his family, who would advise him.

[Marrah_Goodman]

82. Gofundme would tell him to F off I think.

[MyMission]

101. Probably, and he'd try to sue them

That thought made me smile! He files lawsuits for everything.

[Hoyt]

91. Oh, they'll sell MAGA hats or trump pistol grips or some BS. But, yeah, sleazy.

[Botany]

14. Deutsche Bank (Vlad Daddy/Russia) cuts off Trump and wants its money

“Trump currently owes Deutsche Bank more than $300 million, which is due in the next few years.”

And he owes China and Saudi Arabia about $700 million too.

This was all in the Steele Dossier (pee pee tapes)

Trump owes the Russian mob/Putin $300 million

[smb]

111. Bankruptcy Ain't Gonna Help Him Dodge The Russian Mob nt

[Botany]

115. Especially if he gets impeached for a 2nd time and then convicted because there goes ...

.... his after office secret service.

[smb]

131. If He Gets Convicted And Barred From Future Federal Office...

...that severely limits his ability to fleece the flock, since any attempt to raise funds for a "Trump 2024" campaign would be immediately shut down as fraudulent (since it wouldn't be an eligible candidate).

[Botany]

132. Funny even if he is out of office I don't see Trump being constrained by anything as simple as ...

... something being legal or not. Christ the man stole money from the widows of the G.I.s
who were killed in Iraq and Afghanistan with his "Trump University" scam. Trump might raise
money (until he is stopped) under a different name or title.

Although I am sure Donny right now has Kush-turd, Ivanka, Eric Prince, Roger Stone, and the
Crown Prince of Saudi Arabia looking for an off shore landing place to which he can flee to.

[central scrutinizer]

15. Didn't he con the rubes out of $200+ million

For his stop the steal bullshit? And counting...

[Blue_true]

48. Last I heard, $350 million plus. nt

[calguy]

16. I see another default in his future.

[mnmoderatedem]

17. OOOOOO hoo hoo hoo hoo!!!!

now comes the time when even the dimmest of trumpist bulbs come to realize what a freaking fraud he is.

Getcha popcorn ready.

[Blue_true]

46. I would not bet on that. My guess is he needs to stab them in the back

a few more times before they start to remotely question him.

[smirkymonkey]

18. Gee, that's too bad.

[Nevilledog]

31. *stealing*

[regnaD kciN]

20. After enabling him for years...

...now they want their money, and are afraid they won't get it?

I really don't care. Do U?

[cureautismnow]

23. This is a job for Repo Man!

?w=810&crop=0%2C0px%2C100%2C9999px

[malaise]

38. OK That's hilarious

[MontanaMama]

25. 200k annual pension won't

cover this debt. Whoopsie!

[Blue_true]

41. Why do you think that he is fleecing Magats like all get out? nt

[MontanaMama]

44. I know!

But now that Stripe has pulled out of their credit/debit processing agreement with the Traitor45 campaign… The fleecing will be more difficult. Maybe the rubes can donate their coffee cans full-o-pennies.

[Blue_true]

52. ...

Trump will have to figure out how to collect those cans, maybe Antifa beat him to them.

[yellowcanine]

123. Which he loses if convicted.

[llmart]

27. He's got 8 days to pilfer everything he can from the White House.

They need to have an armed guard frisk him on the way out the door.

My most fervent wish is that the whole slam damn family is broke when we're through with them. Melania will no longer be able to get her kidneys redone every year. Skanky Vanky will end up having to wear her trashy line of cheap ass clothes.

[Blue_true]

39. Hope the staff has the china glued down and the expensive rugs nailed to the floor.

Because that asshole is likely to take anything that is of value and is loose. I am willing to bet that he will be the first ex-President since who knows when who won’t hand gifts received during his mid-administration over to the National Archives.

[bdamomma]

30. Get him

where it hurts$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

[twodogsbarking]

32. You loaned Trump money?

Dumb ass.

[Cha]

33. Is trump having fun with his

Failed Coup yet?

[Blue_true]

34. Hope he gets what he deserves.

Would love to see him doing vaudeville rallies for the few Magats that stick with him, acting up for whatever dollars he can get and splitting town before local authorities ask for payment on security costs. I want the sheen that he has falsely nurtured if being a big success to be stripped away from him and him left with nothing but scratching for any penny that he can get his hands on - that would be the vengeance that the Universe gives all the people that he has harmed.

[ffr]

35. T---- better hope he's not residing anywhere where there's a 4th story balcony

Debtors seem to have a nasty habit of slipping over the rails.

[AntiFascist]

37. Great, but isn't that about the same amount of money he made off of his insurrectionist efforts? n/t

[58Sunliner]

56. Really. Between that money and the money he skimmed from the inaugural committee-

and the re-election campaign funds, I doubt he is worried.

[Marie Marie]

87. Not to mention all the money he pocketed from the fools

that thought they were donating to the "fight the steal" legal funds. He raked in millions on that scam.

[disndat]

114. If each of his devoted 78 milllion

voters gave him $1, would that be enough?

[58Sunliner]

118. Who knows. He always seems to lose his money.

[MineralMan]

40. Time to put Melania and Ivanka back on the street.

[burrowowl]

68. Good thing I wasn't drinking anything!

They are both rather old, but some mean will proposition anyone.

[soldierant]

73. Wouldn't that be like the woman who, learning her husband has a fatal

illness (and no insurance) rushes out to raise money for him, and returns many hours later with $50.25.

"My God, what cheap SOB gave you a quarter?"

"Everybody!"

[sarge43]

42. IOW Vlad isn't going to back his loans anymore

[housecat]

45. He has nothing left to offer Putin

[AnyFunctioningAdult]

49. They really should have waited

Until the 20th to announce this. That way he would only have a bucket of KFC to cry into and not a suitcase full of missile codes.

[BobTheSubgenius]

50. If DB really has to wait 3 years, I have a strong feeling they will win a lawsuit, if it came to it,

but it will be a dry judgment. But I suspect it wouldn't be any different today, or any time in between.

[Denvermosaic]

53. The winning keeps rolling in. That's too much winning.

[lindysalsagal]

54. OMG I can't believe it!

[Dem2theMax]

55. There are so many things I could say.

But I would like to ask the Secret Service to please protect the Resolute desk. I do not want to see it on eBay.

[catbyte]

57. He'll probably try to sell the Resolute Desk on eBay. They'd better check their luggage.

[renate]

59. If the kids no longer have an incentive to make nice to him, maybe they'll turn on him

He's made their lives miserable. He's broken their spirits. And now it looks like they will get nothing when he dies.

The only way I can see Ivanka and Jared restoring their reputations and ever going to a Met Ball again is for them to turn on him. While he's alive. It won't be impressive at all after he's gone.

I can imagine Eric and Tiffany doing the same. Don Jr, not so much--he may not inherit anything more than a sack of beans, but he's hoping to become the heir to his dad's cult of anger and grievance. But three out of four wouldn't be bad.

[TrollBuster9090]

60. Translation: "Dear Liz Warren, PLEASE DON'T INVESTIGATE US!"

This is the equivalent of a man throwing a steak on the ground as he's being chased by a tiger. Best case scenario, she eats the steak, is satisfied with Trump being humiliated by having to declare bankruptcy again, and lets them go. Worst case scenario, the tiger investigates who loaned him all that money, and WHY, causing ten executives at Deutschebank to go to the wiseguy's prison WITH Trump.

[Demobrat]

61. I doubt if he's worried.

He doesn’t have Twitter but he still has his email lists. And his cult members are still suckers.

[LiberalLovinLug]

77. Sadly I agree. He can make up that money easily by his cult

He will be raking in the millions from his cult for years to come.

[Ligyron]

119. Not no more he don't, lol!

[Turbineguy]

62. His rubes

will sell their organs to pay off his debts.

[roamer65]

63. The Russian mob isn't nice.

Especially when they want their money.

[JustABozoOnThisBus]

109. Yep. Whatever he has, he should pay that mob. Screw the bank, they only have lawyers.

[Meowmee]

65. They should never have loaned him any money in the first place

As well as any others that did in the past.

[SleeplessinSoCal]

67. I finally understand why American bank robbers became folk heroes.

I got it back in 2009, but now its crystal clear.

[Laura PourMeADrink]

69. Damn, why don't I see this in Michael Holmes' Twitter feed :(

[stopwastingmymoney]

70. You should never have run for President Donnie

That was a real bad idea you had

[mountain grammy]

79. He's the king of bad ideas.

[George II]

75. China will be calling in their $400 million marker soon, too. And when Letitia James is finished....

....NYS will own trump tower.

I'm praying that they convert it into a homeless shelter.

[SayItLoud]

76. When the Saudis and Turkey cut him off...only his handler, PUTIN will cover him. nt.

[niyad]

94. Putin has been guaranteeing the DB money laundering. .ooops, money lending, operation.

[Orangepeel]

78. unfortunately, he probably has some state secrets left to sell

and god knows how much the saudis have put in offshore accounts for him and jared in exchange for arms deals

[Marrah_Goodman]

81. I would like to see he and his children penniless, working for minimum wage. nt

[Marrah_Goodman]

83. OMG.... I am imagining Shitz Creek: Trump Edition.

[NCjack]

85. As Trump has explained, his debt is not a problem. It simply requires him

to roll this loan into a new loan, with the same terms. Unconnected folks like us are not expected to understand how this works.

SQUAWK !!! WTF just happened? Deutsche Bank doesn't want my business?

[njhoneybadger]

88. How do you like your bagels now Been-A-Dick Donald

[D23MIURG23]

89. Looks like he's fucked himself hard this time.

If the senate and his cabinet won't do anything, big business is going to step up.

Couldn't have happened to a nicer guy.

[niyad]

92. Daddy vlad pulled the plug?

[Nitram]

95. Keep it coming! Death by a million cuts!

[FakeNoose]

96. Woops, there goes the kiddies' inheritances

[smb]

112. I Guess Junior & Eric & Jared Are Gonna Have To Get Jobs As Fry Cooks Or Pool Boys Or Something nt

[colsohlibgal]

97. You Know The Saying About Karma

Your life is going to be going downhill ever faster, accelerating once he leaves the Office.

Couldn’t happen to a more deserving human....err sub human, a man with not a trace of compassion.

And though I have my doubts I hope there really is a Hell because if so his ticket has been punched for years.

[DFW]

99. Trump's personal stake in Trump Tower at this point?

Who knows? Could be around minus 300 per cent. He probably borrowed money against his share using the same collateral five times over with five different lenders. That only works as long as not more than one lender wants to be paid back and the rest don‘t know about it. Having the story repeated all over the internet is not likely to be the best way to keep this story quiet. Even if it‘s a complete fabrication, it‘s going to make his creditors nervous, and he can‘t afford to have all of them nervous at the same time.

[Liberty Belle]

100. Wow. I didn't know she was told not to tweet anything - that is grounds for explusion

I hope. She is the craziest one in the entire Congress, and apparently a traitor too.

[Lock him up.]

102. News-for-ya: oRange menace won't pay.

End of the deal (ya-shoodaf-known-better).

[SWBTATTReg]

103. He shouldn't be allowed another bankrupcy...he caused all of it himself. He deserves to suffer.

[scarytomcat]

107. he just scooped 500 million+ from our election and other systems

so he is probably good for it
it is what he owes putin that would worry me, bankruptcy has a different ending with him
ps
don't drink the tea

[Beartracks]

108. OMG - Did you see Trump's tweets about this?

Yeah, me neither!!!!


============

[Lasher]

110. Can he use his political war chest of $250M?

[Oscarthegreat]

116. How will his boss handle it?

The big question is whether will Vladimir Putin pay his debt.

[William769]

121. Good!

[yellowcanine]

122. They will be lucky if they get 10 cents on the dollar.

Serves them right. They lent Trump money on overpriced and over leveraged real estate.

[BobTheSubgenius]

124. I hope there is a stampede of other creditors joining DB.

Fighting off insolvency on multiple fronts is way, way harder than doing it one case at a time.

[Bluethroughu]

125. All trumps beautiful bigly assets

Will be yanked, and he will find himself in a filthy prison cell next to his enablers...tell me I'm not dreaming.

[drray23]

126. I did not see anywhere reported that they are recalling the loan.

Its not due yet. As far as I can understand from what is reported is that they dont want to do further business with him.

[King_Klonopin]

127. Are those chickens I see, coming home to roost ? n/t

[AngryOldDem]

129. I laughed when I heard this.

Pay up, Don.