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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumsbreaking: Trump's Banker at Deutsche Bank Was Ousted for a Real Estate Deal
Link to tweet
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David Enrich
@davidenrich
·
Feb 3, 2021
Breaking: Rosemary Vrablic, Trump's longtime banker at Deutsche Bank, was forced out of the bank due to an undisclosed real estate investment with a client, per new regulatory filing.
Deutsche Banks review found that Rosemary Vrablic, a senior private banker, engaged in undisclosed activities related to a real estate investment.
Trumps Banker at Deutsche Bank Was Ousted for a Real Estate Deal
nytimes.com
https://t.co/K92qxGfLPx?amp=1
David Enrich
@davidenrich
The transaction was a 2013 Park Ave. apartment purchased from a company called Bergel 715.
Jared Kushner was a minority investor in the entity. But it looks like another client of Vrablic's also might have been involved. What a mess!
Here is the filing: https://brokercheck.finra.org/individual/summary/4359776#disclosuresSection
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dalton99a
(81,683 posts)Jared Kushner and Rosemary Vrablic
Tanuki
(14,928 posts)theneworiginal
(302 posts)Since the value of RE is only what someone will pay, RE sales are used as conveyers of large sums of money in hi-end markets like NYC.
Mike 03
(16,616 posts)shut down? Maybe the same thing that keeps Wells Fargo from being shut down.
OMGWTF
(3,985 posts)The paltry fines they're forced to pay are a tiny percentage of the money they have been stealing from customers. Anyone who banks with them is a fidiot. MOVE YOUR MONEY TO A LOCAL BANK OR CREDIT UNION. PERIOD!
Cirque du So-What
(26,026 posts)Hope this leads somewhere.
WinstonSmith4740
(3,059 posts)We both bought new homes last summer. She had been having some serious financial problems for a few months previous until she sold her house, and I had been helping her through them. You wouldn't believe the bullshit we had to go through because of the transfers between bank accounts that had been going on. We were both like, seriously? A couple of *ahem* older women are going to launder money for some shadowy figure $200-$300 at a time? These guys fuck around with millions for years before someone noticed and decided to do something about it. So typical.
Klaralven
(7,510 posts)...
Lets start with Kushners stake in Cadre, an online property broker, which is worth between $25m and $50m. Cadre is going to make us billionaires, the boy wonder announced to colleagues when he co-founded the company with his brother in 2014. It certainly seems to be doing well: the Guardian reported last year that Cadre had received $90m in foreign funding, funnelled through secretive offshore companies, since 2017. However, Kushner was so busy making peace in the Middle East that apparently he forgot about Cadre and only belatedly added his stake in the company to his disclosure form.
...
Another item on Kushners financial report is the $1m-$5m he received from a company called Bergel 715 Associates last year. The New York Times has dug into Bergel 715s dealings and discovered that Rosemary Vrablic, a Deutsche Bank employee, and two colleagues bought a $1.5m apartment from the company in 2013.
...
While most of Javankas riches come from property, it would be unfeminist of me not to mention Ivankas literary career. Her disclosure for 2018 showed a $263,500 instalment of her advance (reportedly $787,500) for her 2017 literary masterpiece Women Who Work. This is a steal for a book in which Ivanka imparts philosophical gems such as women who work are real and confesses that often she did not have time to treat herself to a massage during the 2016 election.
https://www.theguardian.com/commentisfree/2020/aug/04/how-did-jared-kushner-and-ivanka-trump-earn-as-much-as-120m-last-year
TheRickles
(2,099 posts)https://gregolear.substack.com/p/trump-cower-moscow?token=eyJ1c2VyX2lkIjo5MjMyNDk0LCJwb3N0X2lkIjozMjA5OTAyMywiXyI6InBmazBPIiwiaWF0IjoxNjEyMzYzMDQzLCJleHAiOjE2MTIzNjY2NDMsImlzcyI6InB1Yi0yMDY5NSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.38RAtnCyO7icjMooQXF2mAl-gTO-lKouLFfHIAscB0Q&utm_source=substack&utm_medium=email&utm_content=share
sarcasmo
(23,968 posts)BobTheSubgenius
(11,575 posts)It would be so unfair to diminish in any way this hero's sterling and selfless contributions to the American way of life.
GoldenMezzoDiva
(79 posts)in tony Town of Philipstown, NY. Purchased a sweet property a few
years ago; had it completely reno'd TWICE. Recently sold.
But rumor has this individual living there anew with the bloke,
sold to.