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New Haven

(1,085 posts)
Wed Sep 21, 2022, 12:51 PM Sep 2022

"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/

Trump’s 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."

36 replies = new reply since forum marked as read
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"Justice Kennedy quit because he and his son helped Trump launder illegal Russian money through Deut (Original Post) New Haven Sep 2022 OP
I remember that shitstorm. Nothing came of it. But now, Congress ought to take up Banking reform Samrob Sep 2022 #1
Yep. More scum rises up to the visible top. empedocles Sep 2022 #2
There's the Al Capone defense: empedocles Sep 2022 #3
I believe that TFG made Kennedy quit or else he would expose his son's shady dealings. panader0 Sep 2022 #4
Um . . . markpkessinger Sep 2022 #8
No, it rates the claim that the Justice and his son Phoenix61 Sep 2022 #11
welp. There seems to be alot more to that story. They're just now scratching the surface. onetexan Sep 2022 #23
Personally, I doubt Kennedy could balance a checkbook - but he could collude with his son alright peppertree Sep 2022 #25
even the 'connection' to Kennedy Jr is relatively slim stopdiggin Sep 2022 #29
They all lied about Roe v. Wade. IMPEACH! OMGWTF Sep 2022 #16
exactly gopiscrap Sep 2022 #21
✔️ ✔️ ✔️ ✔️ ✔️ n/t msfiddlestix Sep 2022 #5
K&R for exposure Blue Owl Sep 2022 #6
We've had a conservative majority scotus for 60 years tdrake Sep 2022 #7
Thank goodness Mad_Machine76 Sep 2022 #10
The article from Politifact says the claim is false . . . markpkessinger Sep 2022 #9
From the article Phoenix61 Sep 2022 #12
Also from the article . . . markpkessinger Sep 2022 #15
The fact that Trump inflated the value of his property Phoenix61 Sep 2022 #31
The claim Politifact is disputing is . . . markpkessinger Sep 2022 #17
not a shread stopdiggin Sep 2022 #30
Good question. Duppers Sep 2022 #13
K&R UTUSN Sep 2022 #14
the US banks were probably prohibited from lending him money Hamlette Sep 2022 #18
FYI - 2015 CNN Money article on TFG's bankruptcies... allegorical oracle Sep 2022 #28
It's interesting that Kennedy was targeted Buckeyeblue Sep 2022 #19
I've always said they had something on judge Kennedy because he just abruptly retired with no Heather MC Sep 2022 #20
The article doesn't support the accusations Old Crank Sep 2022 #22
But Delphinus Sep 2022 #24
Exactly, needs investigated Traildogbob Sep 2022 #26
TickTock you corrupt, treasonous, pig of a man. Joinfortmill Sep 2022 #27
I've always known there is a story behind Justice Kennedy Skittles Sep 2022 #32
So politifact says that story is false Progressive dog Sep 2022 #33
precisely. WarGamer Sep 2022 #36
This message was self-deleted by its author Habitation Sep 2022 #34
Politifact debunked the central claim in your OP... WarGamer Sep 2022 #35

Samrob

(4,298 posts)
1. I remember that shitstorm. Nothing came of it. But now, Congress ought to take up Banking reform
Wed Sep 21, 2022, 12:54 PM
Sep 2022

and law to sanction and sue banks that willfully cooperate with fraudulent activities against the US.

empedocles

(15,751 posts)
2. Yep. More scum rises up to the visible top.
Wed Sep 21, 2022, 12:54 PM
Sep 2022

Long been against 'Justice' Kennedy in my posts.

empedocles

(15,751 posts)
3. There's the Al Capone defense:
Wed Sep 21, 2022, 12:56 PM
Sep 2022

''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 wasn’t 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)
4. I believe that TFG made Kennedy quit or else he would expose his son's shady dealings.
Wed Sep 21, 2022, 01:01 PM
Sep 2022

TFG's three Supremes are all tainted.

Phoenix61

(18,828 posts)
11. No, it rates the claim that the Justice and his son
Wed Sep 21, 2022, 01:53 PM
Sep 2022

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, that’s where/when the misdeeds occurred and what Trump used to leverage Justice to quit.

onetexan

(13,913 posts)
23. welp. There seems to be alot more to that story. They're just now scratching the surface.
Wed Sep 21, 2022, 03:22 PM
Sep 2022

peppertree

(23,343 posts)
25. Personally, I doubt Kennedy could balance a checkbook - but he could collude with his son alright
Wed Sep 21, 2022, 03:27 PM
Sep 2022

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)
29. even the 'connection' to Kennedy Jr is relatively slim
Wed Sep 21, 2022, 03:50 PM
Sep 2022

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.
---- --- --- ----

tdrake

(12 posts)
7. We've had a conservative majority scotus for 60 years
Wed Sep 21, 2022, 01:21 PM
Sep 2022

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.

markpkessinger

(8,912 posts)
9. The article from Politifact says the claim is false . . .
Wed Sep 21, 2022, 01:27 PM
Sep 2022

. . . Yet you present it as if it were true. Why?

Phoenix61

(18,828 posts)
12. From the article
Wed Sep 21, 2022, 01:54 PM
Sep 2022

“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)
15. Also from the article . . .
Wed Sep 21, 2022, 02:39 PM
Sep 2022
. . . . But there is no evidence that Trump and Justin Kennedy ever had a relationship beyond Trump’s real estate loans.

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)
31. The fact that Trump inflated the value of his property
Wed Sep 21, 2022, 04:15 PM
Sep 2022

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 “there’s no evidence” the Trump WH was blackmailing him doesn’t mean squat.

markpkessinger

(8,912 posts)
17. The claim Politifact is disputing is . . .
Wed Sep 21, 2022, 02:48 PM
Sep 2022

. . . "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)
30. not a shread
Wed Sep 21, 2022, 03:58 PM
Sep 2022

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!

Hamlette

(15,556 posts)
18. the US banks were probably prohibited from lending him money
Wed Sep 21, 2022, 03:02 PM
Sep 2022

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)
28. FYI - 2015 CNN Money article on TFG's bankruptcies...
Wed Sep 21, 2022, 03:50 PM
Sep 2022

"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)
19. It's interesting that Kennedy was targeted
Wed Sep 21, 2022, 03:03 PM
Sep 2022

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)
20. I've always said they had something on judge Kennedy because he just abruptly retired with no
Wed Sep 21, 2022, 03:08 PM
Sep 2022

warning. Proving once again that the Supreme Court we currently have is fucking fraudulent

Delphinus

(12,522 posts)
24. But
Wed Sep 21, 2022, 03:24 PM
Sep 2022

the story you linked to shows a Truth-O-Meter as False.

Unless I am missing something.

Traildogbob

(13,018 posts)
26. Exactly, needs investigated
Wed Sep 21, 2022, 03:41 PM
Sep 2022

That’s why that SC seat was as fucked up as McConnell’s 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.

Progressive dog

(7,603 posts)
33. So politifact says that story is false
Thu Sep 22, 2022, 12:16 AM
Sep 2022

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?

Response to New Haven (Original post)

WarGamer

(18,613 posts)
35. Politifact debunked the central claim in your OP...
Thu Sep 22, 2022, 12:58 AM
Sep 2022

I don't understand the purpose of this OP

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