The bank is in the process of turning over documents
No wonder Trump is agitated. Deutsche Bank is spilling.
Deutsche Bank has begun the process of providing financial records to New York state’s attorney general in response to a subpoena for documents related to loans made to President Donald Trump and his business, according to a person familiar with the production.
Last month, the office of New York Attorney General Letitia James issued subpoenas for records tied to funding for several Trump Organization projects.
The state’s top legal officer opened a civil probe after Trump’s former lawyer Michael Cohen testified to Congress in a public hearing that Trump had inflated his assets. Cohen at that time presented copies of financial statements he said had been provided to Deutsche Bank.
Donnie Two-scoops can’t be happy about that.
The bank is in the process of turning over documents, including emails and loan documents, related to Trump International Hotel in Washington, DC; the Trump National Doral Miami; the Trump International Hotel and Tower in Chicago; and the unsuccessful effort to buy the NFL’s Buffalo Bills.
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The bank is already the subject of a joint investigation between the House Financial Services and Intelligence committees into Trump’s businesses and money laundering.
Deutsche Bank has been one of the few big banks willing to lend to the Trump Organization in recent years.ling to lend to the Trump Organization in recent years.
To the tune of more than $300 million. The question is why they are willing when others are not.
So Trump didn’t get the chance to do to the Bills what he did to the New Jersey Generals?
I bet the NFL are kicking themselves now!