Thread by @WillResistAdmin

#Deutsche and other banks given “waivers” from @realDonaldTrump
Yes, #Obama did temporary waivers, making them pay for the 2008 crisis, w/#SallyYates working towards them paying penalties to the victims, working w/the U.K.‘s charges etc...NO, IT IS NOT THE SAME THING!

11/24/2015 Deutsche Bank Suisse will pay a penalty of more than $31 million.
justice.gov/opa/pr/justice…

The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates... announcement

published in the Federal Register during the #Christmas holiday week.

Trump administration waivers was granted to #Deutsche Bank — which is owed at least $130 million by Donald Trump and his business empire, and has also been fined for its role in a #Russian #moneylaundering

scheme.

“German lender was hit with about $630 million in penalties on Tuesday over a $10 billion Russian money-laundering scheme involved its #Moscow, #NewYork and #London branches. “
“#DeutscheBank was fined $425 million by the NY agency & £163 million ($204 million)

by the U.K. FCA”

“billions of dollars were transferred into overseas bank accounts in places like #Cyprus, #Estonia and #Latvia was "highly suggestive of financial crime."”

“German lender said in September 2015 that it was closing its investment banking business in #Russia and

would in future work with #Russian corporate clients from abroad.”

The #DOJ has levied more than $60 billion in fines over the toxic mortgages that plunged the world into a #recession back in 2008. #DeutscheBank TRUMP &KUSHNER LOANS
+Among other banks fined include #JPMorgan

(JPM), $13 billion; #BankofAmerica TRUMP WAS PART OWNER SO HE CLAIMED (BAC), $16.7 billion;
#GoldmanSachs WHICH NEARLY ALL WERE HIRED BY TRUMP ADMINISTRATION - (GS), $5.1 billion;

#GoldmanSachs
#SteveMnuchin, Secretary of the Treasury
#CarlIcahn, outed in steel sell off night

before first tariff blunder, who also headed #EPA with #Pruitt
“This month Mr. Trump submitted a financial disclosure report that was released by the Federal Election Commission.

In that document there was no indication that entities associated with Mr. Trump had lending

relationships with most of the country’s biggest banks, including #Citigroup, #JPMorganChase, #GoldmanSachs and #MorganStanley.

#Citigroup (C), $7 billion Kushner's N.J. Trump Tower got $200 million Citigroup loan March 21 2018‼️
americanbanker.com/articles/kushn…

March 2017 White House

meeting attended by CEO #MikeCorbat and #JaredKushner that was highlighted in a #NewYorkTimes story. #Citigroup issued a $325 million loan for a separate #Kushner development later that month.‼️

About a quarter of #Trump #BayStreet’s $194-million development was funded with

loans from the #EB-5 #visa #program that grants wealthy #foreigners #greencards in exchange for investing in U.S. projects. Last May, #JaredKushner’s sister went to #China to pitch potential investors on **another development**, but the effort drew scrutiny because

👉🏼the presentations featured a photo of Donald Trump 👈🏼
and
👉🏼mentioned her brother’s ascension to the White House.👈🏼

Okay let’s look back at this article dated May 23, 2016
“Trump Boasts of Rapport With Wall St., but the Feeling Is Not Quite Mutual”
nytimes.com/2016/05/24/bus…

I put this together months ago, reading it now with Germany’s #DeutscheBank raid news might bring a better perspective 👍🏼

@threadreaderapp unroll please