Title : Stephen King reminds us...
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Stephen King reminds us...
An important tweet from Stephen King:When Al Franken was accused of sexual impropriety, Susan Collins demanded he resign. Without a hearing.I've said it before and I'll say it again: "Me Too" is a weapon that works against Democrats, never Republicans. Trump supporters simply do not care.
A couple of the responses to that tweet are of interest...
This story offers details.
Deutsche Bank loaned President Donald Trump over $1 billion for his real-estate projects while Supreme Court Justice Anthony Kennedy's son led a real-estate division there, The New York Times reported Thursday.I will add this: Trump's relationship with Deutsche Bank had actually been quite rocky -- so very rocky that Trump actually sued the bank for three billion dollars on particularly bizarre grounds.
Justin Kennedy was the global head of the real-estate capital markets division of Deutsche Bank, which loaned to Trump when other banks wouldn't.
Anthony Kennedy's retirement next month will give Trump an opportunity to shift the balance of the Supreme Court to the right.
When Donald Trump sued Deutsche Bank in late 2008, it was “classic Trump”, according to the German bank, which sued him back.I don't care how much money you have -- if you sue a bank for three billion, that bank won't want to do business with you ever again. And this is particularly true in the case of a man like Donald Trump, whom most other banks have long avoided like the plague.
The New York property developer was trying to wriggle out of $40m of personal guarantees he had supplied on a $640m loan to build Trump International Hotel & Tower in downtown Chicago. The Lehman Brothers crisis was an unimaginable event that should get him off the hook, he argued. The future US president sought damages of $3bn — because the Deutsche-led consortium of lenders had just played a part in wrecking the world economy.
The two sides sparred for a while before settling out of court.
Trump gets loans not from Deutsche Bank per se but from a subsidiary set up for "special" customers, presumably those backed by the Russians.
Last week, Deutsche Bank, the struggling financial giant that is Donald Trump’s biggest lender, anointed a new CEO, a longtime executive named Christian Sewing. He’s worked in a number of roles at the bank, but what’s significant about his résumé is the job he held prior to his promotion: He oversaw the firm’s private bank, the division that caters to high-net-worth clients and has loaned Trump’s company hundreds of millions of dollars over the years, when few lenders (including Deutsche Bank’s own commercial lending arm) would do business with the bankruptcy-prone businessman. According to Trump’s financial disclosures, he has loans with the bank totaling as much as $364 million.
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