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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIn 2017, Trump waived punishment for Deutsche Bank. Trump owes Deutsche Bank over $100 million.
At the end of 2017, Trump waived punishment for Deutsche Bank. Trump owes Deutsche Bank over $100 million. #flashbackfriday
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Trump Administration Waives Punishment For Convicted Banks, Including Deutsche Which Trump Owes Millions
By David Sirota @davidsirota AND Josh Keefe @thejoshkeefe
01/09/18 AT 6:03 PM
The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank which is owed at least $130 million by President Donald Trump and his business empire, and has also been fined for its role in a Russian money laundering scheme.
The waivers were issued in a little-noticed announcement published in the Federal Register during the Christmas holiday week. They come less than two years after then-candidate Trump promised I'm not going to let Wall Street get away with murder.
Under laws designed to protect retirement savings, financial firms whose affiliates have been convicted of violating securities statutes are effectively barred from the lucrative business of managing those savings. However, that punishment can be avoided if the firms manage to secure a special exemption from the U.S. Department of Labor, allowing them to keep their status as qualified professional asset managers.
More: https://www.ibtimes.com/political-capital/trump-administration-waives-punishment-convicted-banks-including-deutsche-which
By David Sirota @davidsirota AND Josh Keefe @thejoshkeefe
01/09/18 AT 6:03 PM
The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank which is owed at least $130 million by President Donald Trump and his business empire, and has also been fined for its role in a Russian money laundering scheme.
The waivers were issued in a little-noticed announcement published in the Federal Register during the Christmas holiday week. They come less than two years after then-candidate Trump promised I'm not going to let Wall Street get away with murder.
Under laws designed to protect retirement savings, financial firms whose affiliates have been convicted of violating securities statutes are effectively barred from the lucrative business of managing those savings. However, that punishment can be avoided if the firms manage to secure a special exemption from the U.S. Department of Labor, allowing them to keep their status as qualified professional asset managers.
More: https://www.ibtimes.com/political-capital/trump-administration-waives-punishment-convicted-banks-including-deutsche-which
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In 2017, Trump waived punishment for Deutsche Bank. Trump owes Deutsche Bank over $100 million. (Original Post)
MelissaB
Mar 2019
OP
Feels like we're all having three large meals a day of like, dirt, mold, and sludge.
Leghorn21
Mar 2019
#4
wiggs
(7,814 posts)2. kick. astonishing. front page worthy. nt
Celerity
(43,458 posts)3. One of many high crimes
Super Max time someday for the monster and his spawn.
Strip Melania of all her wealth and her illegally-gained citizenship (her parents too) and ship them all back to Slovenia for the coup de grâce.
Leghorn21
(13,525 posts)4. Feels like we're all having three large meals a day of like, dirt, mold, and sludge.
Jesus have mercy on my soul I just