Deutsche Bank dumped Donnie immediately upon losing the Presidency in 2020. Gut context on the Unstable Moron and his loan officers.
Deutsche Bank Bids ‘Auf Wiedersehen’ To The Least Illustrious German-American In History
JON SHAZAR
DealBreaker, January 12, 2021
On Oct. 7, 1885, a 16-year-old boy from Kallstadt, a small wine-growing village in what was then Bavaria, boarded ship in Bremen, bound for New York. Like his future grandson, Friedrich Drumpf was doing what it took to avoid military service. Striking out for the West Coast, the man now calling himself Frederick Trump earned a small fortune in hooch, whoring and hotels before returning to his native land to take a wife. He resumed his innkeeping back in New York shortly thereafter, but his wife was not taken in by the charms of der Große Apfel, and they moved back to Germany. Unfortunately for the couple and the world, the erstwhile Drump’s draft-dodging had not gone unnoticed, and Fred and the pregnant Elizabeth were chased out of the country and back to this one.
That, however, was not the end of the relationship between the family Trump and the German nation. For the child carried by Elizabeth back across the Atlantic was the future Fred Trump, and when the heir to his empire of outer borough slums sought to expand the Manhattan holdings he’d so flamboyantly built up after taking the reins from dear old dad, he turned to the old country for financing, specifically to Deutsche Bank.
More than 20 years and more than $2 billion later, Deutsche Bank is calling a halt to the ties that bind the Trumps to their ancestral homeland. Apparently, having helped finance one coup is enough for any global bank.
Deutsche Bank, which has been Mr. Trump’s primary lender for two decades, has decided not to do business with Mr. Trump or his company in the future, according to a person familiar with the bank’s thinking. Mr. Trump currently owes Deutsche Bank more than $300 million, which is due in the next few years.
The bank has concluded that, short of forgiving the debt, it has no way to extricate itself from the Trump relationship before the loans come due.
Continues…
https://dealbreaker.com/2021/01/deutsche-signature-banks-fire-trump
Would Deutsche Bank have offered an extension if Trump had stolen the election or gotten the insurrection to “reinstate” him?
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