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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"Justice Kennedy quit because he and his son helped Trump launder illegal Russian money through Deut
Letitia James lawsuit should shed some light on a few things.
Things are going to get real interesting in New York banking.
https://www.politifact.com/factchecks/2018/jul/10/blog-posting/did-justice-kennedy-quit-due-family-ties-trump-and/
Trumps relationship with Deutsche Bank began in the late nineties when many other major lenders were unwilling to do business with him. Between 1991 and 1992, Trump declared bankruptcy four times, making him unpopular among Wall Street bankers, who referred to making deals with him as "Donald risk."
Samrob
(4,298 posts)and law to sanction and sue banks that willfully cooperate with fraudulent activities against the US.
empedocles
(15,751 posts)Long been against 'Justice' Kennedy in my posts.
empedocles
(15,751 posts)''What did Al Capone say about tax evasion?
Al Capone Sentenced To Prison For Tax Evasion On This Day In 1931. Opinions expressed by Forbes Contributors are their own. Al Capone reportedly boasted, They can't collect legal taxes from illegal money. He found that wasnt true on this day in 1931 when he was sentenced to prison for tax evasion.
Al Capone Sentenced To Prison For Tax Evasion On This Day In 1931 -
www.forbes.com/sites/kellyphillipserb/2018/10/17/al-cap
panader0
(25,816 posts)TFG's three Supremes are all tainted.
markpkessinger
(8,912 posts)The linked article from Politifact rates that claim as "false."
Phoenix61
(18,828 posts)together were involved in shady activity. The son did approve loans for Trump.
Justin Kennedy began working at Deutsche in 1998 as the managing director and global head of Real Estate Capital Markets, a role he held until leaving in 2009. Kennedy oversaw and approved major real estate loans given through the bank, including multiple loans made to Trump for his real estate enterprise.
IMHO, thats where/when the misdeeds occurred and what Trump used to leverage Justice to quit.
onetexan
(13,913 posts)peppertree
(23,343 posts)And for the son, Needy Amin was a 'valued' client - the President, no less.
So I doubt it took more than one phone call from sonny, for 'Justice' Kennedy to get the message.
Like something out of a mafia movie (but, presumably, with fewer bada-bing's and fuhgedaboutit's).
stopdiggin
(15,463 posts)People have been trying (mightily) to turn this into something for years. Deutsche wanted an in to the US (and specifically NY) real estate market - enough so that they were willing to deal with (known) risk. And Kennedy did essentially what his masters (superiors) wanted of him. No slight of hand, no backroom/backdoor shuffle, no secret handshakes. All happened in broad daylight.
This has been reported on extensively. Unless there is new fuel for the fire (which certainly isn't provided here) - the headline is basically claptrap.
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OMGWTF
(5,131 posts)gopiscrap
(24,733 posts)msfiddlestix
(8,178 posts)Blue Owl
(59,107 posts)tdrake
(12 posts)Maybe Justice Kennedy resigned about some shady deal with the Donald? But more likely Justice Kennedy resigned because it was time to install a new Justice for the conservative majority. The Republicans have always retired their justices timely so that a new conservative Justice can be appointed under a Republican president.. I said always, for the last 60 years since Nixon packed the court every seat that Nixon filled is still filled. They keep it that way by retiring justices so the Republican president can appoint the next. The seat that just a Scalia opened was a fluke, and ultimately the Republicans still held that seat anyway. You can bet justices Alito and Thomas will not resign until there is a Republican president in place. That is just how they do it.
Mad_Machine76
(24,957 posts)Breyer finally retired. We were all on pins and needles over that one.
markpkessinger
(8,912 posts). . . Yet you present it as if it were true. Why?
Phoenix61
(18,828 posts)Justin Kennedy began working at Deutsche in 1998 as the managing director and global head of Real Estate Capital Markets, a role he held until leaving in 2009. Kennedy oversaw and approved major real estate loans given through the bank, including multiple loans made to Trump for his real estate enterprise.
The false allegation was that his father, the Justice, was also involved.
markpkessinger
(8,912 posts)There is also no evidence that Kennedy was involved in Russian money laundering, as he left the bank before either of the major scandals happened, or that the Trump White House was blackmailing his father because of it.
Phoenix61
(18,828 posts)to secure loans and decreased the value of property to avoid taxes is now known. If Justin was aware of that practice it would be problematic. The theres no evidence the Trump WH was blackmailing him doesnt mean squat.
markpkessinger
(8,912 posts). . . "Justice Kennedy quit because he and his son helped Trump launder illegal Russian money through Deutsche Bank." They are not disputing that Justin Kennedy worked for Deutsche Bank or that he approved loans for Trump. If that were what the claim had said, there would be nothing to debunk. But the claim says that Justice Kennedy and his sun helped Trump launder illegal Russian money through Deutsche bank. And there is no evidence for any of that.
stopdiggin
(15,463 posts)We're not even bothering to pretend to having any evidence or facts anymore. Just lather it up good - and shoot it on out there!
Duppers
(28,469 posts)Folks should check the link❗
Hamlette
(15,556 posts)the federal government regulates banks which includes the types of loans a bank can make. With 6 bankruptcies, he would be considered very high risk.
No US bank will loan him money, and that has been true for many years. He had to go to foreign banks.
Why Americans did not think that was disqualifying is beyond me. I had a Great Uncle who took out bankruptcy for his company and he was completely shunned by the whole family. We were "taught" he cheated people out of money he owed by the bankruptcy.
I have always said, if Trump is worth $20B he needs to pay back all the people he cheated out of money in each of his bankruptcies. Until he does that, his wealth is immoral.
allegorical oracle
(6,480 posts)"Despite high profile examples, including General Motors (GM), Lehman Brothers and most of the nation's major airlines, fewer than 20% of public companies with assets of $1 billion or more have filed for bankruptcy in the last 30 years, according to data from Bankruptcy.com and S&P Capital IQ.
Trump has never filed for personal bankruptcy. But he has filed four business bankruptcies, which Bankruptcy.com says makes Trump the top filer in recent decades. All of them were centered around casinos he used to own in Atlantic City. They were all Chapter 11 restructurings, which lets a company stay in business while shedding debt it owes to banks, employees and suppliers." (Taj Mahal, 1991; Trump Castle, 1992; Trump Hotel & Casino Resorts, 2004; Trump Entertainment Resorts, 2009.)
The story was updated to mention two other Atlantic City casinos that still bore his name iwent into bankruptcy in 2014.
Can recall David Cay Johnson, who wrote many stories about Fathead's bankruptcies, mentioning that at one point a judge put drumpf on a monthly allowance and forced him to sell his yacht and his small shuttle airline between NJ and NY.
https://money.cnn.com/2015/08/31/news/companies/donald-trump-bankruptcy/index.html
Buckeyeblue
(6,352 posts)He upheld Roe with Casey. Was the 5th vote on marriage equality. He also voted to stop counting votes with Gore v. Bush.
He was definitely replaced by someone to his right.
Heather MC
(8,084 posts)warning. Proving once again that the Supreme Court we currently have is fucking fraudulent
Old Crank
(7,078 posts)Delphinus
(12,522 posts)the story you linked to shows a Truth-O-Meter as False.
Unless I am missing something.
Traildogbob
(13,018 posts)Thats why that SC seat was as fucked up as McConnells other two. Now 3 on the court that are totally corrupt and in cohorts with Billionaires manipulating the Federalist Society that install judges, to own the country. All 3 had no business being appointed. And Beer Bong Boy SHOULD have been investigated for sexual assault. And they are well on their way to rule States can over rule voter results with zero court oversight. GQP need ended. ASAP. We are hanging by a weak thread.
Joinfortmill
(21,169 posts)Skittles
(171,716 posts)BRING IT OUT
Progressive dog
(7,603 posts)and Letitia James' description of her report places the criminals in the Trump org., not the banks and certainly not SCOTUS. The 280 page lawsuit has been filed, so why don't you read it before posting old falsehoods?
WarGamer
(18,613 posts)Response to New Haven (Original post)
Habitation This message was self-deleted by its author.
WarGamer
(18,613 posts)I don't understand the purpose of this OP