Josh Barro Profile picture
I write a newsletter (at https://t.co/LBkFjqraQV) & I co-host https://t.co/TUDmgwgw3z w/ @popehat Email josh at joshbarro dot com

Sep 28, 2020, 5 tweets

I keep hearing people say "who does the president owe so much money to?" but we already have such a list of debts and creditors from his financial disclosure form. It's Deutsche Bank, etc. Am I missing something?

Some of the stuff some of you are describing about how you think the Deutsche Bank loans work doesn't make any sense.

I think some of you are referring to this allegation, but this isn't what "underwrite" means, and your source is the non-banker son of a late DB banker. He was also a source for the NYT's David Enrich, who didn't follow this angle, presumably for a reason. forensicnews.net/2020/01/03/tru…

The NYT article on Trump and Deutsche Bank makes DB look shady in a number of ways, some of which involve Russia, but it does not suggest that a Russian bank actually bears the credit risk associated with Trump's DB loans. nytimes.com/2020/02/04/mag…

What David Enrich wrote in the NYT about the source for this article is that "he has a maddening habit of leaping to outrageous conclusions and then bending facts to fit far-fetched theories." And Enrich, keep in mind, has done damaging reporting on Trump and DB.

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