thebuzzardman wrote:Clyde_Style wrote:thebuzzardman wrote:
I agree with all of this. I guess this doesn't take away from "getting out in front of" but the stuff DB was looking into over Vrablic seemed fairly minor (buying a condo with 2 other people and flipping it for a less than 20% gain a year later in a building Kushner had an as yet unreported stake). Listen, I think they are all corrupt as hell, but this smelled like pushing out a little bs investigation to say "See! See how good we are? We investigated and found nothing! Nothing to see here!" Meanwhile they looked right past a giant pile of crimes.
What I don't understand about Germany and Merkel is how they've let Deutsche Bank get away with its many obvious crimes unless there is some overlap with German national agendas. It is very peculiar since this bank keeps getting slapped with penalties for recurring rogue behavior.
As far as Vrablic, yeah, it's for show, but they did comply with the subpoena which is the real heft of the idea they're getting ahead of this one. It was one of the clearest indicators that Trump is trapped and is definitely going to be indicted for crimes that will be probably fairly easy to prove and convict. That means no way out and jail time for the orange blob.
Pet theory, and why I think Trump got into money laundering, other than he's always been in Real Estate, and in NYC, and that business in that local has LONG been a venue for it:
After the 2008 financial crash, dark, laundered money was instrumental in propping up the financial system with its ability to inject cash into the system at key times.
Trump has always had a feel, gained over the years of participating in the semi corrupt NYC government/real estate nexus, of what stuff is borderline legal/skirts the law/you can get away with it stuff. And the best stuff to get away with is the stuff that is kind of illegal, but a lot connected people are into it, so you know that if they try to roll up on you, some of them are going down, so it's "kind of" safe.
I suspect the answer is the same for Germany, the USA, UK, all sorts of places.
Trump is just the extra stupid, extra obvious, slob about it.
If there had not been the family business and had his father not seeded capital to prop him up (and Trump had not stolen a disproportionate share of the inheritance), there'd likely have never been the Donald Trump we know now. What allowed him to transition from Daddy's lifeline into the present was massive debt, but with a twist. Trump's debtors never expected to get repaid.
Deutsche Bank is a funnel for the Kremlin to Trump and those debts are collateralized by komprommat, not assets. In that sense, Trump is the ultimate Russian asset. Putin invested in Trump as a hedge, probably never fully expecting America to go for this buffoon as a government official, but what a spectacular bet it was. For a billion or three (less than 1% of Putin's net worth), Putin bought the American political system between his ownership of Trump and his purchase of the GOP (through the NRA, for example; Exhibit A: Butina and Alexander Torshin).
So basically, Deutsche Bank raked in banker's fees with no liability. Great deal for them. They can afford to pay their fines.
Look at Epstein as another example. DB transacted lots of his payment schemes to bankroll baksheesh payola and incentivizations to victims of his sex trade syndicate. Do you think they did that for anything less than a premium percentage? They take a cut of everything for doing things other banks won't touch.
But as far as your dates go, it precedes 2008. DB started working with Trump in 1998 and have transacted several billion dollars since.
And Trump was ALWAYS a criminal. He did not slide into money laundering to appease the only foreign bankers that would touch him (i.e. Kremlin/post-Soviet nationals via banks like DB, Alfa and entities in Cyprus, a notorious clearing house for Russian oligarch money laundering).
And Trump did not become a criminal because no American banks would lend to him after the collapse of his casinos. Those casinos themselves were money laundering operations that had Russian gangsters from Brighton Beach walking into Trump's casinos with briefases of cash to play the casino chip money washing game (buy the chips, don't gamble, cash back out, collect check, deposit, rinse, repeat). Trump was busted by New York for this and paid a fine. How he got away with just a cash penalty is one of the mysteries of Trump's past teflon crime history, but there is no doubt he has been in business with the mob (and Russian gangsters before the consolidation of Putin's power) for decades.



















