Thread by @arapaho415

@girlsreallyrule @Agenthades1 <Thread>
1/ NYT today reports on SARs not filed in 2016-17. Snopes Jul 1, 2018: "As the New York Times noted, Donald Trump did have a business relationship with Deutsche Bank, where Justin Kennedy once worked (▶️he left the company in 2009◀️)." more...
snopes.com/fact-check/ant…

@girlsreallyrule @Agenthades1 2/ "One back channel is the fact that Kennedy’s son, Justin, knows ▶️Donald Trump Jr.◀️ through New York real estate circles." Which means Justin Kennedy likely knows ▶️Jared Kushner◀️ through those same real estate circles. (more...)

@girlsreallyrule @Agenthades1 3/ "MSNBC host Stephanie Ruhle, who worked for eight years at Deutsche Bank before joining the news network, cautioned about reaching conclusions because there are multiple parts of the bank that 'can easily get confused and lumped together.' (con't)

@girlsreallyrule @Agenthades1 4/ 'While I know and it has been well-reported, Deutsche was a massive lender to Mr. Trump, I want to put a new context,' she said. 'A lot of this comes from multiple sides of the bank, specifically the ▶️private bank◀️, and that was not where Mr. Kennedy worked.'" (more...)

@girlsreallyrule @Agenthades1 5/ "'The business Mr. Kennedy ran was part of a real estate team that did some business. It was not part of the private bank business,' Ruhle continued.'" (more...)

@girlsreallyrule @Agenthades1 6/ From NYT today:
"Typically, such a report would be reviewed by a team of anti-money laundering experts who are▶️ independent of the business line in which the transactions originated — in this case, the private-banking division◀️ " (more...)
nytimes.com/2019/05/19/bus…

@girlsreallyrule @Agenthades1 7/ "That did not happen with this report. It went to managers in New York who were part of the private bank, which caters to the ultrawealthy. They felt Ms. McFadden’s concerns were unfounded and opted not to submit the report to the government, the employees said. (con't)

@girlsreallyrule @Agenthades1 8/ Ms. McFadden and some of her colleagues said they believed the report had been killed to maintain the private-banking division’s strong relationship with ▶️Mr. Kushner👀. (con't)

@girlsreallyrule @Agenthades1 9/ ...Two former employees said that they had raised concerns about transactions involving ▶️companies linked to prominent Russians🇷🇺◀️, but that managers had told them not to file suspicious activity reports. (con't)

@girlsreallyrule @Agenthades1 10/ ...The employees were under the impression that the bank did not want to upset important clients."
"After taking her complaint to the human resources dept, Ms. McFadden was transferred to another division. She was terminated in April 2018." (more...)

https://twitter.com/WendySiegelman/status/1130151979760721921

@girlsreallyrule @Agenthades1 11/ "Around the time she flagged the Kushner Companies’ transactions, Ms. McFadden said, she also complained about how the bank was scrutinizing the accounts of high-profile customers, such as those in public office. Those customers — known as politically exposed persons (con't)

@girlsreallyrule @Agenthades1 12/ — ▶️are regarded as at heightened risk of being involved in corruption◀️. As a result, their accounts are subject to extra vetting. Ms. McFadden said she had told her superiors that dozens of politically exposed clients of the private-banking division... (con't)

@girlsreallyrule @Agenthades1 13/ ...including Mr. Trump...and members of his family, were not receiving that added attention. Her superiors told her to stop raising questions, according to Ms. McFadden and the two former managers." /end
📷s in tweets #11, #12: Deutsche Bank awards to Tammy McFadden.