Results 1 to 24 of 24

Thread: Deutsche Bank’s $285 Million Loan To Jared Kushner Just One Of Many For Trump Family

  1. #1

    Deutsche Bank’s $285 Million Loan To Jared Kushner Just One Of Many For Trump Family

    Deutsche Bank’s $285 Million Loan To Jared Kushner Just One Of Many For Trump Family
    BY GREG PRICE ON 6/26/17 AT 10:38 AM


    White House senior adviser and real estate titan Jared Kushner reportedly had a $285 million loan from German institution Deutsche Bank approved one month before his father-in-law’s Election Day victory last year, the Washington Post reported Sunday. The massive loan went to Kushner’s family-run real estate company, but the story also states that Kushner personally guaranteed the loan and he opted not to include it on his financial disclosure form with the Office of Government Ethics.

    Given the size, the time it was granted—as Kushner worked both for President Donald Trump’s campaign and his company—and Kushner’s decision not to disclose, the loan is reigniting questions about whether the Trump family's businesses represent a conflict of interest.

    Additionally, the loan is just the latest revelation of Trump’s extended links to Deutsche Bank and contributes to the allegations about the president's purported ties to Russia, both financially and politically.

    Kushner, Trump, Ivanka Trump and Kushner's mother are all clients of the bank. House Democrats have approached Deutsche and asked for information regarding its business with the president and whether loans given to the billionaire real estate mogul were possibly guaranteed by Russia, The Guardian reported last week. The Democrats were stymied by Deutsche, which claimed U.S. laws hindered it from sharing client information with governments, an assertion Democrats claimed was a misrepresentation of the law.

    Trump’s released his financial disclosure form June 16 and it revealed just how large his debt to Deutsche and others is. The president has $315.6 million worth of liabilities to German, U.S. and various other lenders, $130 million of which is owed to Deutsch Bank Trust Company Americas, the U.S. arm of Deutsche Bank AG, Reuters reported. Trump made a minimum of $594 million in 2016 and his assets were worth at least $1.4 billion, according to the forms.

    Trump’s self-titled and family-run organization has properties and links all across the globe, so the fact that he has outstanding debt with a foreign entity doesn’t necessarily mean anything. But Deutsche’s recent scandal involving Russia does. In January, Deutsche had agreed to pay $630 million worth of fines for running a “mirror trading” scheme that brought in $10 billion from Russia.

    And in December, Bloomberg reported that Trump was attempting to restructure his debts in discussions with Deutsche in order to remove any potential conflicts of interest.

    The White House said in a statement to The Post that Kushner would recuse himself from any matter involving Germany’s largest bank, while a lawyer representing Kushner stated he wasn’t required to disclose the loan because the ethics office “clearly states that filers do not have to disclose as a liability a loan on which they have made a guarantee unless they have a present obligation to repay the loan.”
    http://www.newsweek.com/deutsche-kushner-trump-628993
    “I don’t think that there will be any curtailing of Donald Trump as president,” he said. "He controls the media, he controls the sentiment [and] he controls everybody. He’s the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul



  2. Remove this section of ads by registering.
  3. #2
    Isn't Jared Kushner's dad a multi multi billionaire? why is he borrowing millions from a bank? I would assume he would get a better deal from daddy than from a bank.
    You can maintain power over people, as long as you give them something. Rob a man of everything, and that man will no longer be in your power. Aleksandr Solzhenitsyn

    Quote Originally Posted by LibertyEagle View Post
    Trust principles; not people.
    My Che avatar is my unique way of giving a big middle finger to the, the neocons, the globalists, imperialists and most importantly to the left and right political establishment who hate his guts till this day. My admiration for him ends where his anti imperialist pro communism ideology starts.

  4. #3
    Quote Originally Posted by juleswin View Post
    Isn't Jared Kushner's dad a multi multi billionaire? why is he borrowing millions from a bank? I would assume he would get a better deal from daddy than from a bank.
    His dad is locked up.
    “I don’t think that there will be any curtailing of Donald Trump as president,” he said. "He controls the media, he controls the sentiment [and] he controls everybody. He’s the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul

  5. #4
    Quote Originally Posted by TheCount View Post
    ...I believe that when the government is capable of doing a thing, it will.
    Quote Originally Posted by Influenza View Post
    which one of yall fuckers wrote the "ron paul" racist news letters
    Quote Originally Posted by Dforkus View Post
    Zippy's posts are a great contribution.




    Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members

  6. #5
    “I don’t think that there will be any curtailing of Donald Trump as president,” he said. "He controls the media, he controls the sentiment [and] he controls everybody. He’s the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul

  7. #6
    Quote Originally Posted by CPUd View Post


    Quote Originally Posted by TheCount View Post
    ...I believe that when the government is capable of doing a thing, it will.
    Quote Originally Posted by Influenza View Post
    which one of yall fuckers wrote the "ron paul" racist news letters
    Quote Originally Posted by Dforkus View Post
    Zippy's posts are a great contribution.




    Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members

  8. #7

    https://twitter.com/PepperGii/status/875493479094341632
    “I don’t think that there will be any curtailing of Donald Trump as president,” he said. "He controls the media, he controls the sentiment [and] he controls everybody. He’s the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul

  9. #8
    Quote Originally Posted by juleswin View Post
    Isn't Jared Kushner's dad a multi multi billionaire? why is he borrowing millions from a bank? I would assume he would get a better deal from daddy than from a bank.
    You have to understand how this works... You don't use your own money - that's pointless. Your borrow as much as they'll let you borrow at the lowest rate you can get, put it to use on some investment that earns more APR than your bank rate, and you collect the difference. Easy peasy lemon-squeezy.
    "And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works." - Bastiat

    "It is difficult to free fools from the chains they revere." - Voltaire



  10. Remove this section of ads by registering.
  11. #9
    “I don’t think that there will be any curtailing of Donald Trump as president,” he said. "He controls the media, he controls the sentiment [and] he controls everybody. He’s the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul

  12. #10
    So..... the Germans are coming?
    There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
    -Major General Smedley Butler, USMC,
    Two-Time Congressional Medal of Honor Winner
    Author of, War is a Racket!

    It is not that I am mad, it is only that my head is different from yours.
    - Diogenes of Sinope

  13. #11
    While it's true that various Kushner deals smell of nepotism or political opportunism that should be examined. But after reading couple of critical opinions online, some of the criticism could also be motivated by anti-semitism towards Trump family.. that should be discouraged.

  14. #12
    No doubt the Democrats want this investigated as part of "Russia hacking the US election" special prosecutor...

    While a strong case can be made that this is out of scope of the intended investigation, Kushner, or any wealthy "business" person would find themselves indictable on some technicality. What are we at these days? Three felonies a day for the average person? And they could indict a ham sandwich if they actually want to. Easy pickings.
    Twitter: B4Liberty@USAB4L
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
    They are what they hate.” - B4L


    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  15. #13
    Quote Originally Posted by jllundqu View Post
    So..... the Germans are coming?
    I am getting ready for them .
    Do something Danke

  16. #14
    How long before a German loan gets tied in with Don boy being Hitler? Prolly not long the way progressive wackos are going.
    Quote Originally Posted by TheCount View Post
    ...I believe that when the government is capable of doing a thing, it will.
    Quote Originally Posted by Influenza View Post
    which one of yall fuckers wrote the "ron paul" racist news letters
    Quote Originally Posted by Dforkus View Post
    Zippy's posts are a great contribution.




    Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members

  17. #15
    “I don’t think that there will be any curtailing of Donald Trump as president,” he said. "He controls the media, he controls the sentiment [and] he controls everybody. He’s the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul

  18. #16
    Quote Originally Posted by NorthCarolinaLiberty View Post
    How long before a German loan gets tied in with Don boy being Hitler? Prolly not long the way progressive wackos are going.

    Quote Originally Posted by Zippyjuan View Post
    Ron Paul know some weird people...



    Quiz: Test Your "Income" Tax IQ!


    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.



  19. Remove this section of ads by registering.
  20. #17
    Deutsche Bank Fined $41 Million for Money-Laundering Lapses
    By Jesse Hamilton and Steven Arons
    May 30, 2017, 3:30 PM CDT May 31, 2017, 3:07 AM CDT

    Deutsche Bank AG agreed to pay $41 million to settle Federal Reserve allegations that its U.S. operations failed to maintain adequate protections against money laundering, the latest in a string of fines that have cost the German lender billions of dollars.

    The Frankfurt-based bank’s U.S. operations fell short in complying with the Bank Secrecy Act, which requires lenders to help federal agencies prevent illegal transactions, the Fed said in a brief Tuesday statement. The regulator imposed a cease-and-desist order on Deutsche Bank that requires it to address “unsafe and unsound practices.” The bank also agreed to improve its controls and boost oversight of senior management.

    “We are committed to implementing every remediation measure referenced in the Fed’s order and to meeting their expectations,” Deutsche Bank said in an emailed statement.

    The fine is within the lender’s expectations, a person briefed on the matter said, suggesting it’s covered by legal provisions that stood at 3.2 billion euros ($3.6 billion) at the end of March. Chief Executive Officer John Cryan has spent almost two years navigating probes, culminating in a $7.2 billion mortgage-bond settlement with the U.S. government in January. Cryan is now focusing on restoring revenue growth after raising $8.5 billion from investors in April to replenish capital eroded by fines.

    Deutsche Bank fell 1.1 percent to 15.96 euros at 10:05 a.m. in Frankfurt trading, cutting gains in the past six months to 20 percent.


    Multiple Investigations

    The bank’s insufficient monitoring involved billions of dollars in “potentially suspicious transactions” processed between 2011 and 2015, the Fed said. The transactions involved affiliates in Europe that failed to provide “accurate and complete information,” the regulator said.

    While the Fed didn’t disclose any specific transactions that were improper, Deutsche Bank has faced multiple investigations by various regulators into whether it allowed customers to engage in illicit trades. Deutsche Bank has recently reached settlements with the U.K. and New York State’s Department of Financial Services over trades that allegedly helped wealthy Russians move some $10 billion out of the country.

    The settlements involved what are known as mirror trades, in which bankers purchased Russian stocks in rubles while selling the same amount of shares in London. The trades effectively converted rubles to dollars, and the cash flowed from the U.K. through Cyprus, Estonia and the U.S., investigators say. The deficiencies cited by the Fed include controls over transactions like mirror trades, said one person with knowledge of the matter.

    In its settlement with the Fed, Deutsche Bank agreed to enlist an outside monitor to review transactions with international banks in the second half of 2016 -- a time frame that could expand depending on the monitor’s findings. The bank also agreed for the outside monitor to review its compliance with anti-money laundering laws.

    The bank recently unveiled a drive to add 400 new people to its anti-money laundering unit this year, overseen by Chief Regulatory Officer Sylvie Matherat, which would boost the staff level by about 50 percent.

    A settlement on the Russian mirror trades with the U.S. Department of Justice is still outstanding.
    https://www.bloomberg.com/news/artic...ndering-faults
    “I don’t think that there will be any curtailing of Donald Trump as president,” he said. "He controls the media, he controls the sentiment [and] he controls everybody. He’s the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul

  21. #18
    Quote Originally Posted by CaptUSA View Post
    You have to understand how this works... You don't use your own money - that's pointless. Your borrow as much as they'll let you borrow at the lowest rate you can get, put it to use on some investment that earns more APR than your bank rate, and you collect the difference. Easy peasy lemon-squeezy.
    There are two kinds of people: those with access to cheap credit and those without.

  22. #19
    Quote Originally Posted by Danke View Post
    WTF did I just watch?
    There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
    -Major General Smedley Butler, USMC,
    Two-Time Congressional Medal of Honor Winner
    Author of, War is a Racket!

    It is not that I am mad, it is only that my head is different from yours.
    - Diogenes of Sinope

  23. #20
    Is this just a copy/paste from Bernie's facebook feed? Has all the trappings.

  24. #21
    Jared Kushner finalized $285 million 'bad boy' loan with Deutsche Bank a month before Trump's election
    12:56 a.m. ET

    Jared Kushner, President Trump's son-in-law and senior adviser, secured a $285 million loan from Deutsche Bank, Trump's biggest known lender and at the time under investigation for allegedly allowing Russian money laundering, in October 2016, a month before Trump's election, The Washington Post reports. The Kushner loan was part of a refinancing deal for four retail floors of the former New York Times building off Times Square in Manhattan, and Kushner did not list the loan or his personal guarantee for the debt on his financial disclosure form filed with the Office of Government Ethics; a lawyer for Kushner said he was not obligated to disclose the loan.

    Kushner purchased the four retail floors of the building for a reported $296 million in October 2015 from the family of an Uzbek-born Israeli billionaire named Lev Leviev, who is a vocal admirer of Russian President Vladimir Putin and once aspired to work with Trump on real estate deals in Moscow. Kushner filled the largely empty floors with retailers, and the October 2016 deal also included an $85 million loan from SL Green Realty, giving Kushner's business $74 million more than he paid for the retail space.

    Kushner and his brother, Joshua, are listed as guarantors on the Deutsche Bank loan under what was termed a "nonrecourse carve-out," commonly known as a "bad boy" clause, the Post explains. "The way to look at this is, so long as you're not a 'bad boy' and don't do anything wrong, you have nothing to worry about," James Schwarz, a real estate lawyer who is an expert in such clauses, tells the Post. "To the extent you would do something fraudulent, then you have things to worry about" — namely personally being on the hook for millions of dollars. Separately, Kushner and his mother have a personal line of credit worth up to $25 million from Deutsche Bank, the Post notes.

    In December, Deutsche Bank paid $7.2 billion to settle U.S. charges related to fraud packaging residential mortgages, and in January it paid a $425 million fine to New York State to settle charges that it did not track large money transfers from Russia. The White House told the Post that Kushner "will recuse from any particular matter involving specific parties in which Deutsche Bank is a party." You can read more at The Washington Post. Peter Weber
    http://theweek.com/speedreads/708223...rumps-election
    “I don’t think that there will be any curtailing of Donald Trump as president,” he said. "He controls the media, he controls the sentiment [and] he controls everybody. He’s the one who will resort to executive orders more so than [President] Obama ever used them." - Ron Paul

  25. #22
    Quote Originally Posted by jllundqu View Post
    WTF did I just watch?

    Yeah, I wondered about that. Looks like a movie where Hitler is resurrected in the 21st century.
    Quote Originally Posted by TheCount View Post
    ...I believe that when the government is capable of doing a thing, it will.
    Quote Originally Posted by Influenza View Post
    which one of yall fuckers wrote the "ron paul" racist news letters
    Quote Originally Posted by Dforkus View Post
    Zippy's posts are a great contribution.




    Disrupt, Deny, Deflate. Read the RPF trolls' playbook here (post #3): http://www.ronpaulforums.com/showthr...eptive-members

  26. #23
    Quote Originally Posted by juleswin View Post
    Isn't Jared Kushner's dad a multi multi billionaire? why is he borrowing millions from a bank? I would assume he would get a better deal from daddy than from a bank.
    They are reportedly worried now that Mueller driven Russiagate is turning into money laundering gate.

  27. #24
    Quote Originally Posted by enhanced_deficit View Post
    They are reportedly worried now that Mueller driven Russiagate is turning into money laundering gate.
    New books about economy will have to be written.



  28. Remove this section of ads by registering.


Similar Threads

  1. Replies: 30
    Last Post: 01-29-2018, 11:32 PM
  2. Astute analysis of the Jared Kushner and Ivanka Trump WH Roles
    By rpfocus in forum U.S. Political News
    Replies: 4
    Last Post: 04-26-2017, 04:28 AM
  3. Trump Son-in-Law Jared Kushner to Be Named Senior White House Adviser
    By enhanced_deficit in forum U.S. Political News
    Replies: 19
    Last Post: 01-11-2017, 12:34 PM
  4. Replies: 1
    Last Post: 07-09-2016, 01:37 AM
  5. Replies: 2
    Last Post: 07-21-2009, 04:50 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •