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Deutsche Bank Is Subpoenaed for Trump Records by House Democrats

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The two committees that issued the subpoena, the House’s Intelligence and Financial Services committees, also demanded documents from numerous other financial institutions, including JPMorgan Chase, Bank of America and Citigroup, related to possible money-laundering by people in Russia and Eastern Europe, according to three people with knowledge of the investigation.

 

https://www.nytimes.com/2019/04/15/business/deutsche-bank-trump-finances-congress.html

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He will be infuriated! The Dems are hitting him where he lives. This is a deliberate act to embarrass him. It may be a step too far.

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Just now, drvoke said:

 

He will be infuriated! The Dems are hitting him where he lives. This is a deliberate act to embarrass him. It may be a step too far.

 

Not far enough. Criminal indictments and impeachment are coming.

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"Deutsche Bank’s longstanding relationship with Mr. Trump is a central element of the joint committee investigation. Over the past two decades, Deutsche Bank has been the only mainstream bank consistently willing to do business with Mr. Trump, who has a long history of defaults and bankruptcies.

 

The bank has lent him well over $2 billion, and Mr. Trump had more than $300 million in outstanding loans from Deutsche Bank by the time he took office, making the German bank the president’s biggest creditor."

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"The congressional panels are not alone in investigating the relationship between Deutsche Bank and Mr. Trump. The New York attorney general, Letitia James, issued a subpoena to the German bank, and one other lender, last month seeking information about loans to Mr. Trump."

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"Deutsche Bank executives did not attend the hearing, but their bank has been deeply entangled in Russian money-laundering before.

 

The German lender has done business in Russia for more than a century, and some top executives developed close ties to the Kremlin. Earlier this decade, a group of employees in its Moscow office took part in a multibillion-dollar scheme to move rubles out of Russia, which led to hundreds of millions of dollars in fines from British and American authorities."

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Just now, jrock2310 said:

The district cases are where the mueller report has evidently shifted.  

 

Looks like the Russians stuck money into Deutsche Bank and turned that into a 'loan' to Trump.

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