That Sewage Smell in Washington
Comes From the White House, Not the Water Treatment Plant
Deutsche Bank has been in terrible trouble with U. S.
regulators because of its practices in the nebulous world of banking. So here is what it did, according
to the WaPo.
One month before Election Day, Jared Kushner’s real estate
company finalized a $285 million loan as part of a refinancing package for
its property near Times Square in Manhattan .
The loan
came at a critical moment. Kushner was playing a key role in the presidential
campaign of his father-in-law, Donald Trump. The lender, Deutsche Bank, was
negotiating to settle a federal mortgage fraud case and charges from New York state
regulators that it aided a possible Russian money-laundering scheme. The cases
were settled in December and January.
Nothing to see here folks, just move along. You or I could get the same $285 million
loan, all we would have to do is ask.
Would you loan him $285 million? Of course you would |
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