Ok this one seems massive – Trump owes Deutsche Bank some $365 million dollars, and Deutsche Bank is in big trouble with the US Department of Justice.

Uh oh.

In 2013, Trump signed a 60-year lease for the building, once the headquarters of the U.S. Post Office, and began a $200 million renovation to turn it into an upscale hotel with the help of loans from Deutsche Bank, a large German bank.

Trump’s financial disclosure reports, viewed by NPR, show he currently owes Deutsche Bank roughly $365 million in loans for the Washington hotel, another one in Chicago and a Florida golf course.

Deutsche Bank is one of the large global banks investing in and betting on real estate around the world. So it makes some sense it would be exposed to Trump, says Simon Johnson, a professor at MIT’s Sloane School of Management. He says Trump has had a relationship with the Frankfurt-based bank spanning nearly two decades, and it is his largest financial backer.

But Johnson says Deutsche Bank is in deep trouble with the Justice Department over a number of allegations.

And Donald Trump will be overseeing that very department.

“The tip of the iceberg is a particular fine by the Department of Justice, a large fine with the opening numbers around $14 billion, with regard to how they created and sold mortgage-backed securities before 2008,” he says.

There are private negotiations underway over the amount of that fine, Johnson says, with the bank and the German government pushing back.

He says this sets up a huge conflict of interest for the president-elect: Once Trump takes office, he will be overseeing the Justice Department, which in turn is negotiating a fine with his biggest lender.

“Does it look bad? Does it look like exactly someone might cut Deutsche Bank a deal because they want their boss’s boss to be happier? Yeah, absolutely, of course,” Johnson says. “And that’s why we try to avoid the appearance of a conflict of interest.”

There’s that extra three words again – the appearance of. Couldn’t “we” try to avoid conflict of interest, period, and assume the appearance will naturally follow? I don’t want the fuckers to hide the payoffs and backroom deals, I want them to not have them.

Richard Painter, a former chief White House ethics lawyer in the George W. Bush administration, says it would be best if the case were resolved under the Obama administration.

Well, no, it would be best if Trump and all his relatives simply got out of his business – sold it off and invested in Treasury bonds.

But Painter, now a law professor at the University of Minnesota, says even if the case against Deutsche Bank can be resolved, there are a host of other potential conflicts surrounding the Trump International Hotel — such as guests staying there as a way to curry favor with Trump.

“The foreign diplomats who are coming in to stay at the hotel at the expense of their governments could create a very serious issue for the president [-elect] under the emoluments clause of the Constitution,” he says.

But the Republicans will refuse to do anything about it, and get away with it for at least a couple of years, and this squalid situation will go on and on and on. It’s disgusting.

Steven Schooner, with the George Washington University Law School, says Trump’s lease with the hotel — which NPR has seen — should be terminated immediately, because the terms of that lease say so.

“The contract specifically says that no elected official of the United States government shall be party to, share in or benefit from the contract. It couldn’t be any more clear than that,” he says.

But will the lease be terminated? I doubt it. The people in charge seem to be letting this proceed without let or hindrance.