JUN. 1, 2016

Perhaps in exchange for some of Trump's loan "forgiveness" ??? mmmaaaybe? Now I'm just speculating on this opinion but..

Well now, there may be deeper reasons why Trump's insane & agressive run for the Presidency & all that power of the pen, has often seemed so desperate.

Deutsche has a big problem with Dodd-Frank.
Pieces of Trumps Internatuonal back-scatching puzzle are slowly revealed.

SNIP

..Like most big banks, Deutsche Bank has been at odds with regulators over the 2010 Dodd-Frank financial reform measure. But it went to unusual lengths to dodge some of the law's requirements.
For years, the bank operated in the United States through two subsidiaries that were legally considered to be American entities. Yet in 2012—after Dodd-Frank was enacted—the bank tried to rewrite its own corporate structure to make it less American.
Under the new law, a foreign-based bank's subsidiaries were required to maintain certain minimum levels of capital—as much as $20 billion worth of reserves in Deutsche Bank's case—so that the bank could weather another financial catastrophe like the one that occurred in 2008.
The consequence of the rule also restricted how freely an American subsidiary of a foreign bank could invest and how much risk it could assume. This was the point of the law: to prevent gargantuan financial firms from behaving recklessly, collapsing, and, once more, requiring a taxpayer-funded bailout.

Rather than accept these limitations, Deutsche Bank reorganized itself, moving its commercial banking subsidiary out of the holding company for its American operations, which also contained its investment arm. Deutsche Bank then claimed this banking subsidiary was not subject to the new Dodd-Frank regulations. The Federal Reserve didn't fall for this stunt. The bank eventually was forced to comply with Dodd-Frank requirements.
Cont...

Thanks for the great post...
Interesting.