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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAnother huge shoe dropped in the money laundering angle.
I have been tracking this from several sources, mostly on Twitter, but this short synopsis is pretty clear.
Sources for the statements are at the link.
Donald Trump cabinet member and business associate co-owned Russian money laundering bank
Deutsche Bank has mysteriously loaned more than a billion dollars to Donald Trump and his business partners over the past few years, at a time when most other banks viewed him as too big a risk. Weve also reported that Deutsche Bank was busted for laundering Russian money for clients in places like New York, where Trump lives, raising the question of whether its willingness to float loans to Trump was really just a cover for Russia to funnel money to him.
But as it turns out, Deutsche Bank was laundering the money through Bank of Cyprus.
The two most prominent owners of Bank of Cyprus?
One is Donald Trumps associate Dmitry Rybolovlev.
The other is Donald Trumps new Secretary of Commerce, Wilbur Ross
Thats the missing link established by Rachel Maddow on her MSNBC show tonight. And suddenly, you realize this is all one larger scandal.
Russia was laundering money into Deutsche Bank, through another bank owned by two Donald Trump associates, at the same time it just happened to be inexplicably loaning large sums of money to Trump even though he was a poor investment risk.
Trump then rewarded one of the go-between banks owners by making him the U.S. Secretary of Commerce.
And the other owner of the bank just happens to be the guy who does real estate business with Trump and keeps flying into whatever town Trump visits whenever hes away from the White House.
HoneyBadger
(2,297 posts)So I have thought about them for years. They are a trillion $ company and the largest bank in Germany. 2/3 the size of Chase. The idea that DB was a money laundering arm for Trump is interesting, as Trump's wealth would be a rounding error in their books.
SeattleVet
(5,477 posts)I was an Asst. VP in one of the IT departments at Bankers Trust Co. in NYC. I left the bank in October of 1992 - about 4 months before the truck bomb was set off in the parking garage of the WTC across the street.
Response to SeattleVet (Reply #12)
HoneyBadger This message was self-deleted by its author.
HoneyBadger
(2,297 posts)I met him once. IT is generally known for unusual people, but though I only met him briefly, I think of him often.
EricMaundry
(1,619 posts)The shit is gonna fly!
BSdetect
(8,998 posts)These aholes are into everything
lindysalsagal
(20,666 posts)No. More. Mega. Banks.
triron
(21,995 posts)Wounded Bear
(58,645 posts)Hit the web for her replay if you can. It'w worth a watch.
http://www.msnbc.com/rachel-maddow/watch/new-commerce-secretary-at-nexus-of-lucrative-trump-russian-deal-886220355575
dixiegrrrrl
(60,010 posts)I just grabbed a you Tube copy and will watch it in the am when my brain is awake.
triron
(21,995 posts)triron
(21,995 posts)yortsed snacilbuper
(7,939 posts)triron
(21,995 posts)uponit7771
(90,335 posts)ProudProgressiveNow
(6,129 posts)bdamomma
(63,836 posts)UTUSN
(70,680 posts)C Moon
(12,212 posts)dixiegrrrrl
(60,010 posts)and then it has to be in the hands of the right people who will do what is required.
patience, young grasshopper....tis still early days in the reign.
randome
(34,845 posts)[hr][font color="blue"][center]Treat your body like a machine. Your mind like a castle.[/center][/font][hr]