General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIf Russian banks financed most of Trump's real-estate ventures
and Putin has power over Russian banks, how can the banks be used to hurt his wealth? It seems to me this is the most obvious and most well known Russian connection I just don't know enough about how it all works and what Russian banks can do to hurt Trump. I would assume Putin can create havoc but can someone explain to me the complexities when a bank owns most of your stuff? Can they legally (in Russia's case "legally" could mean something very different from here) just raise the crap out of your rates, find ways to take control of your assets? Pull the loan out from under you? Fill me in please.
Sugar Smack
(18,748 posts)and will probably make up something stupid to "legitimize" it. Because he's an asshole.
vlyons
(10,252 posts)Banks could cut off his line of credit on his properties. That means no bank cash to pay operating expenses and service existing loans. His properties would have only then income they earned to pay expenses and service loans. If the properties are operating at a loss, they would then have to go into bankruptcy or be sold at a big loss. Eventually his pyramid of debt all comes crashing down.
geek tragedy
(68,868 posts)as evidence of money laundering.
Trump's exposure may be criminal.
Quixote1818
(28,955 posts)connections. Thank you!
C_U_L8R
(45,014 posts)I wonder what will ultimately topple it?
It may take us a while to get there but
it will probably go down fast when it does
and in colossal fashion befitting a buffoon
like Trump. Can't wait.
AntiFascist
(12,792 posts)which has been investigated recently for money laundering schemes involving Russians and Trump family members (Kushner etc). This also sounds like it is a large part of the FBI investigation but no one seems to be leaking about this bank specifically.
Quixote1818
(28,955 posts)the budget and manpower of the FBI. If it happened they will find all the transactions.