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Michael Novakhov - SharedNewsLinks℠
Trump Investigations - Saved Stories - 250
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» Saved Stories - Trump Investigations: Cohen: Trump sought Deutsche Bank loans by inflating assets - Fox Business
01/03/19 09:52 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Cohen: Trump sought Deutsche Bank loans by inflating assets Fox Business Cohen says the inflated numbers are tied to a loan request from the German lender in 2014. Saved Stories - Trump Investigations
01/03/19 09:52 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Cohen: Trump sought Deutsche Bank loans by inflating assets Fox Business Cohen says the inflated numbers are tied to a loan request from the German lender in 2014. Saved Stories - Trump Investigations
» Saved Stories - Trump Investigations: Read: Michael Cohen's opening statement to Congress - wpta21.com
01/03/19 09:52 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Read: Michael Cohen's opening statement to Congress <a href="http://wpta21.com" rel="nofollow">wpta21.com</a> Testimony of Michael D. Cohen committee on oversight and reform U.S. House of Representatives. Saved Stories - Trump Investigations
01/03/19 09:52 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Read: Michael Cohen's opening statement to Congress <a href="http://wpta21.com" rel="nofollow">wpta21.com</a> Testimony of Michael D. Cohen committee on oversight and reform U.S. House of Representatives. Saved Stories - Trump Investigations
» Saved Stories - Trump Investigations: CNN Analyst Jeffrey Toobin Goes Off on 'Breathtaking Incompetence' of Cohen Questioners - The Daily Beast
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
CNN Analyst Jeffrey Toobin Goes Off on 'Breathtaking Incompetence' of Cohen Questioners The Daily Beast At the same time, Jeffrey Toobin revealed the one new Trump 'crime' Cohen's testimony seems to have exposed. Saved Stori...
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
CNN Analyst Jeffrey Toobin Goes Off on 'Breathtaking Incompetence' of Cohen Questioners The Daily Beast At the same time, Jeffrey Toobin revealed the one new Trump 'crime' Cohen's testimony seems to have exposed. Saved Stori...
» Saved Stories - Trump Investigations: Analysis: For President Trump, Cohen's allegations were explosive. Will they matter? - USA TODAY
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Analysis: For President Trump, Cohen's allegations were explosive. Will they matter? USA TODAY Analysis: Trump's former lawyer details a litany of lies and misbehavior by the president. But will it change voters' minds about...
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Analysis: For President Trump, Cohen's allegations were explosive. Will they matter? USA TODAY Analysis: Trump's former lawyer details a litany of lies and misbehavior by the president. But will it change voters' minds about...
» Saved Stories - Trump Investigations: Cohen urges Alexandria Ocasio-Cortez to demand president's IRS returns and subpoena his lawyers - Daily Mail
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Cohen urges Alexandria Ocasio-Cortez to demand president's IRS returns and subpoena his lawyers Daily Mail Democratic Rep. Alexandria Ocasio-Cortez line of questioning to Michael Cohen led to Donald Trump's long time persona...
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Cohen urges Alexandria Ocasio-Cortez to demand president's IRS returns and subpoena his lawyers Daily Mail Democratic Rep. Alexandria Ocasio-Cortez line of questioning to Michael Cohen led to Donald Trump's long time persona...
» Saved Stories - Trump Investigations: Flash Briefing: Glencore spills Gupta beans; Trump called “a conman”; Six Africans among world’s richest - BizNews
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Flash Briefing: FlashBriefing: Glencore spills Gupta beans; Trump called “a conman”; Six Africans among world’s richest BizNews US president Donald Trump was described as a conman, a racist and a liar by his personal lawyer of 10 years, ...
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Flash Briefing: FlashBriefing: Glencore spills Gupta beans; Trump called “a conman”; Six Africans among world’s richest BizNews US president Donald Trump was described as a conman, a racist and a liar by his personal lawyer of 10 years, ...
» Saved Stories - Trump Investigations: Trump Exaggerated His Wealth in Bid for Loan, Michael Cohen Tells Congress - The New York Times
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Trump Exaggerated His Wealth in Bid for Loan, Michael Cohen Tells Congress The New York Times The president's former lawyer, Michael Cohen, testified that Donald Trump presented documents to Deutsche Bank that “inflated” the...
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Trump Exaggerated His Wealth in Bid for Loan, Michael Cohen Tells Congress The New York Times The president's former lawyer, Michael Cohen, testified that Donald Trump presented documents to Deutsche Bank that “inflated” the...
» Saved Stories - Trump Investigations: Alexandria Ocasio-Cortez Lays Groundwork For Going After Trump’s Tax Returns - HuffPost
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Alexandria Ocasio-Cortez Lays Groundwork For Going After Trump’s Tax Returns HuffPost Rep. Alexandria Ocasio-Cortez (D-N.Y.) and other lawmakers appeared to set the stage for House Democrats to further investigate President Donald Trump'...
01/03/19 09:51 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
Alexandria Ocasio-Cortez Lays Groundwork For Going After Trump’s Tax Returns HuffPost Rep. Alexandria Ocasio-Cortez (D-N.Y.) and other lawmakers appeared to set the stage for House Democrats to further investigate President Donald Trump'...
» Saved Stories - Trump Investigations: How Cohen's testimony affects Trump legally - The Canberra Times
01/03/19 09:50 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
How Cohen's testimony affects Trump legally The Canberra Times Here is a look at some of the statements by the US President's former laywer and 'fixer' and whether they may implicate Trump in criminal conduct. Saved Stories ...
01/03/19 09:50 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
How Cohen's testimony affects Trump legally The Canberra Times Here is a look at some of the statements by the US President's former laywer and 'fixer' and whether they may implicate Trump in criminal conduct. Saved Stories ...
» Saved Stories - Trump Investigations: AOC lays groundwork for House Dems to go after Trump's tax returns - Axios
01/03/19 09:50 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
AOC lays groundwork for House Dems to go after Trump's tax returns Axios Rep. Alexandria Ocasio-Cortez (D-N.Y.) and other Democrats used President Trump's former personal lawyer and fixer Michael Cohen's dramatic testimony t...
01/03/19 09:50 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
AOC lays groundwork for House Dems to go after Trump's tax returns Axios Rep. Alexandria Ocasio-Cortez (D-N.Y.) and other Democrats used President Trump's former personal lawyer and fixer Michael Cohen's dramatic testimony t...
» Saved Stories - Trump Investigations: A timeline of Cohen's allegations of Trump inflating his net worth - CNN International
01/03/19 09:50 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
A timeline of Cohen's allegations of Trump inflating his net worth CNN International Among the allegations in Michael Cohen's blistering testimony Wednesday about President Donald Trump is that his former boss "cheated" -- C...
01/03/19 09:50 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
A timeline of Cohen's allegations of Trump inflating his net worth CNN International Among the allegations in Michael Cohen's blistering testimony Wednesday about President Donald Trump is that his former boss "cheated" -- C...
» Saved Stories - Trump Investigations: DealBook Briefing: Cohen Trashes Trump’s Business Image - The New York Times
01/03/19 09:50 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
DealBook Briefing: Cohen Trashes Trump’s Business Image The New York Times Testimony from the president's former personal lawyer painted an unflattering picture of how the Trump Organization has been operated. Saved Stories ...
01/03/19 09:50 from Trump Investigations - Saved Stories from Michael_Novakhov (2 sites)
DealBook Briefing: Cohen Trashes Trump’s Business Image The New York Times Testimony from the president's former personal lawyer painted an unflattering picture of how the Trump Organization has been operated. Saved Stories ...
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A Russian oligarch offers a significant denial in the Mueller probe
Washington Post-Feb 12, 2019
And the idea that Kilimnik would be meeting with Deripaska on July 29 and possibly passing things on to the Trump's campaign chairman on ...
Manafort bombshell deepens mystery in Russia probe
International-<a href="http://WRAL.com" rel="nofollow">WRAL.com</a>-Feb 13, 2019
International-<a href="http://WRAL.com" rel="nofollow">WRAL.com</a>-Feb 13, 2019
America lifts sanctions on Oleg Deripaska's business empire
The Economist-Jan 31, 2019
He is a Russian oligarch close to the Kremlin and a former business partner of Donald Trump'serstwhile campaign manager, Paul Manafort.
Trump's Treasury Department Just Lifted Sanctions on Three ...
International-Yahoo News-Jan 28, 2019
International-Yahoo News-Jan 28, 2019
'Whatever he wants': Inside the region Russian oligarch Oleg ...
Washington Post-Feb 15, 2019
The immense wealth and influence of the men known as oligarchs, who won ... Deripaska's ties to Paul Manafort, President Trump's now-jailed ...
Trump administration misses Congress deadline to hand over ...
The Independent-Feb 7, 2019
The Trump administration has missed a deadline to hand over to Congress ... its decision to lift sanctions on businesses linked to Russian oligarch Oleg Deripaska. ... Mr Deripaska remains personally subject to US sanctions.
Robert Mueller's “collusion” case so far, explained
Vox-Feb 21, 2019
President Trump keeps insisting that special counsel Robert Mueller's .... to Russian oligarch Oleg Deripaska, whom he had once worked for.
Russian Spy or Hustling Political Operative? The Enigmatic Figure at ...
International-New York Times-Feb 23, 2019
International-New York Times-Feb 23, 2019
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Possible new US sanctions increase risks for Russia: Sberbank CEO
Reuters-Feb 14, 2019
SOCHI, Russia (Reuters) - Risks for Russia are rising due to possible new U.S. sanctions, German Gref, chief executive at top lender Sberbank ...
Russia's VTB says income from En+ stake to settle company's debts
Reuters-Feb 26, 2019
After months of negotiations with the U.S. Treasury, sanctions on En+ ... En+ owed $5.3 billion to Russian state banks VTB and Sberbank as of ...
2.25.19 Your morning briefing
PaymentsSource-Feb 25, 2019
Sberbank has partnered with WebMoney Transfer to support ... Cash is still king in the U.S. As reported in USA Today, “the volume and value of ...
Russia detains prominent US investor on suspicion of fraud
Reuters-Feb 15, 2019
MOSCOW (Reuters) - Michael Calvey, the U.S. founder of one of Russia's ... German Gref, head of Sberbank, Russia's biggest state bank, also ...
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Donald Trump may like to hire Cabinet members from Goldman Sachs, but it’s unlikely that any of them, in their right minds, would have ever conducted business with the guy. For the past two decades, Trump’s lender of choice has largely been Deutsche Bank. In 1998, when Trump was radioactive on Wall Street following a series of corporate bankruptcies, the big German bank agreed to lend the Trump Organization $125 million. According to The New York Times, Deutsche was ultimately involved in loaning Trump more than $2.5 billion. But executives reached the limits of their risk tolerance when Trump asked for another cash infusion in early 2016, in the middle of his presidential campaign. Senior officials were in a bind. They worried that if Trump won the election but defaulted on the loan, they might be forced to decide between seizing the president’s assets or refinancing—which might be seen as a bribe. They turned Trump down.
But, of course, Deutsche already had sizable Trump loans on the books—necessitating another series of awkward conversations. As Bloomberg reported earlier this week, top executives at Deutsche Bank were so concerned that Trump might default on a series of loans, totaling roughly $340 million, while he was in office that they discussed extending the repayment dates on the loans—originally due in 2023 and 2024—until after 2025, when he would have finished a hypothetical second term.
In the end, according to Bloomberg, the bank’s senior executives opted not to restructure the loans or do any new business with the sitting president. If true, this would be a major blow to the Trump Organization, which recently postponed expansion plans, and its ongoing commercial aspirations, because few other Wall Street banks have been willing to do business with Trump. Without Deutsche, it is no longer clear where the Trump Organization will get the money it wants, and needs, to continue to expand and to market the company’s real-estate products. (Eric Trump, who called the Bloomberg story “complete nonsense,” suggested that the company does not need any loans because it is comparatively under-leveraged for the real-estate industry.)
Questions about these particular loans have been circulating around Wall Street for months, but the actual facts about them are frustratingly difficult to unearth. Deutsche Bank isn’t talking, nor is Trump, despite his ongoing entreaties to journalists to call him for comment. (Yeah, right.) But, according to one ex-Deutsche Bank executive with whom I speak occasionally, the bank has been genuinely concerned about whether Trump would default on the loans, and what to do about that default.
Either possibility would be a public-relations nightmare. On the one hand, if Trump defaulted and Deutsche Bank did nothing, that might be viewed as a big gift to a sitting president of the United States. Would Deutsche Bank be seen as trying to influence Trump, or somehow be attempting to get favorable treatment from one of the long arms of the government—such as the Securities and Exchange Commission, the Justice Department, or even the Federal Reserve—with which it has regular interactions? On the other hand, if Deutsche moved to collect the loan, Trump might have various levers to exact his own retribution. My ex-Deutsche Bank source told me that this is something the bank is particularly afraid of at the moment, given how much regulatory hot water it has been in over the years for a variety of reasons.
Still, even if the bank were to extend the maturity of the loans until after 2025, as the Bloomberg article suggested was being contemplated, that would also benefit Trump. The finance principle here is known as net present value. In short, if you give a borrower a two-year extension on a loan that was due to be repaid in 2023, the new arrangement is worth less to the bank—and more to the borrower—than the original. “In the business, we say that’s ‘extend and pretend,’” my source said about extending the maturity of a loan, and hoping the added time improves the odds that the borrower pays up.
Trump, as he likes to tell us, claims to have graduated at the top of his class from the Wharton School at the University of Pennsylvania (the less prestigious undergraduate program, not the business school). He’s “like, really smart,” he has said. One apparent hole in his intelligence, though, has to do with how loans work. Once, in the lawsuit he brought against author Tim O’Brien for claiming that Trump inflated his net worth, the future president was asked if he understood the meaning of “net present value.” The topic came up during the deposition when attorneys inquired of Trump how he valued his golf courses. After conceding that he was only “modestly” familiar with the idea of “net present value,” he said it had something to do with “the value of the land currently after debt,” which sounds more like a definition of the equity value of an asset.
But, my ex-Deutsche Bank source said, Trump would know that he was getting a benefit if Deutsche Bank were to amend or to extend the loans. “He’s not dumb,” this person said. “He knows what’s a good thing for him, and what’s not a good thing for him and his finances.”
Deutsche Bank isn’t dumb either, although sometimes it seems to do dumb things (like lend Trump money even after he sued them for $3 billion). In the end, according to the Bloomberg article, the bank’s executives decided to do nothing—to neither amend the maturity date of the loans, nor to move to foreclose on them because of a potential default. In essence, they kicked the can down the proverbial road, leaving us once again with more unanswered questions. “What actually happened?” my source wondered. “What’s the end result? Are the loans still on the books? Did the thing get written off? Is it still there?”
All good questions, and ones without answers at the moment. Perhaps Maxine Waters, the new chair of the House Financial Services Committee, will ask these questions when she holds her “many hearings” on Capitol Hill, as she once promised to do.
Correction: This article previous misstated that the arm of Deutsche Bank that issued the loan to Trump. It was not DWS, as previously stated.
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Democrats Are Going After Trump Via His Favorite Bank
Vanity Fair-Feb 25, 2019
For the first two years Donald Trump was in office, Democrats regularly attempted to get Deutsche Bank to turn over information on its financial ...
The Takeaway
WNYC Studios-Feb 28, 2019
"It was my experience that Mr. Trump inflated his total assets when it served ... "These documents and others were provided to Deutsche Bank, ...
Cohen testimony highlights: Russians don't buy condos with “satchel ...
International-The Real Deal-19 minutes ago
International-The Real Deal-19 minutes ago
US lawmakers probe Trump's ties with Deutsche Bank
POLITICO.eu-Feb 25, 2019
House Democrats are planning to cross one of President Donald Trump's red lines: investigating his personal finances. With special counsel ...
“Extend and Pretend”: Are Deutsche Bank and Trump Playing Chicken ...
Vanity Fair-Feb 22, 2019
For the past two decades, Trump's lender of choice has largely been Deutsche Bank. In 1998, when Trump was radioactive on Wall Street ...
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Web results
Deutsche Bank's Troubles Are Donald Trump's Troubles - Bloomberg
https://www.bloomberg.com/.../deutsche-bank-s-troubles-are-donald-trump-s-troubles
Nov 29, 2018 - Deutsche Bank AG, the sprawling German financial giant, is in trouble again. And, to a certain extent, Deutsche's troubles are going to be President Donald Trump's troubles. German police raided Deutsche's Frankfurt headquarters on Thursday as part of a money-laundering probe ...
House Democrats zero in on Deutsche Bank - CNNPolitics - CNN.com
https://edition.cnn.com/2019/01/24/politics/house...deutsche-bank-trump.../index.html
Jan 25, 2019 - House Democrats gearing up for fresh investigations into President Donald Trump'sbusinesses and money laundering involving Russia are ...
Deutsche Bank considered restructuring Trump's loans on default fears
https://www.cnbc.com/.../deutsche-bank-considered-restructuring-trumps-loans-on-de...
Feb 20, 2019 - Deutsche Bank officials were worried enough that President Donald Trump might default on loans after he was elected that the institution ...
“Extend and Pretend”: Are Deutsche Bank and Trump Playing Chicken ...
https://www.vanityfair.com/.../are-deutsche-bank-and-trump-playing-chicken-over-a-dol...
Feb 21, 2019 - If Trump defaulted and Deutsche Bank did nothing, that might be viewed as a big gift to a sitting president of the United States. On the other ...
Trump Sought a Loan During the 2016 Campaign. Deutsche Bank ...
https://www.nytimes.com/2019/02/02/business/trump-deutsche-bank.html
Feb 2, 2019 - Donald Trump turned to the German bank, one of the few lenders willing to do business with him, to borrow millions of dollars that would go to ...
Trump Exaggerated His Wealth in Bid for Loan, Michael Cohen Tells ...
https://www.nytimes.com/2019/02/27/.../donald-trump-buffalo-bills-deutsche-bank.html
2 days ago - The president's former lawyer, Michael Cohen, testified that Donald Trump presented documents to Deutsche Bank that “inflated” the value of ...
Trump under investigation for Deutsche Bank ties - The Local
https://www.thelocal.de/20190125/trump-under-investigation-for-deutsche-bank-ties
Jan 25, 2019 - A pair of US congressional committees now under Democratic control have begun probing Deutsche Bank's business dealings with President ...
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Trump 'inflated his total assets when it served his purposes,' Cohen ...
Washington Post-Feb 27, 2019
“It was my experience that Mr. Trump inflated his total assets when it served his purposes, ... Deutsche Bank also declined to comment. ... “Michael Cohen's testimony opens another line of inquiry — into bank fraud,” said ... hotel projects in Chicago and Las Vegas, both of which carried outstanding loans.
Cohen says Trump inflated his wealth in bid to buy Bills
Associated Press (press release) (blog)-Feb 27, 2019
Associated Press (press release) (blog)-Feb 27, 2019
Michael Cohen says Trump inflated his wealth in bid to buy Bills
International-Chicago Tribune-Feb 27, 2019
International-Chicago Tribune-Feb 27, 2019
DealBook Briefing: Cohen Trashes Trump's Business Image
New York Times-Feb 28, 2019
Yesterday's testimony by Michael Cohen, President Trump's former ... When he asked Deutsche Bankfor financing to buy the Buffalo Bills, ... him whether Mr. Trump inflated the value of assets when insuring them. .... As its economy sags, China is reportedly facing job losses and troubling infrastructure debt.
Michael Cohen testifies before Congress: Live updates, livestream
Boston 25 News-Feb 27, 2019
Michael Cohen, President Donald Trump's former personal attorney, ... asks Cohen, “Did the president ever provide inflated assets to a bank” in ... Cohen says some documents were provided to Deutsche Bank to obtain a loan that he ... to jail for lying about his debts to comment on the president's debts.
How Russian Money Helped Save Trump's Business
Foreign Policy-Dec 21, 2018
Party guests were given sticks with a picture of Trump's face glued to them so they ... in 1999 and was financed by two German lenders, Deutsche Bank and ... and Casino Resorts filed for bankruptcy with $1.8 billion dollars of debt. ... former Trump lawyer Michael Cohen was approached by a Russian who ...
Ex-Trump lawyer Michael Cohen investigated for over $20 million of ...
The Independent-Aug 20, 2018
Ex-Trump lawyer Michael Cohen investigated for over $20 million of alleged bank fraud ... The bank loans under scrutiny, the total of which has not been ... Mr Cohen misrepresented the value of his assets to obtain the loans, which exceed ...... more than $60 million into offshore trusts to avoid paying debts.
Manafort, Cohen cases highlight banks' vulnerability to fraud
American Banker-Dec 12, 2018
The headline-grabbing prosecutions of Paul Manafort and Michael Cohen ... men lied repeatedly and brazenly to banks in connection with loan ... Cohen, who was once Trump's personal lawyer, admitted to making ... During discussions with a second bank about restructuring millions of dollars of debt, he ...
Tower of secrets: the Russian money behind a Donald Trump skyscraper
Financial Times-Jul 11, 2018
Consequently, it had no involvement in the financing of the project. ... He was able to borrow sporadically from Deutsche Bank, with whom he had a ... with political connections, spent $100m buying property at seven Trump-branded ..... In May, the BBC reported that Michael Cohen, Trump'slawyer, received ...
Fed Rate Hikes May Have Already Cost Trump $5 Million a Year
Bloomberg-Dec 14, 2018
President Donald Trump has repeatedly attacked Federal Reserve Chairman ... may have added a cumulative $5.1 million a year to his debt service costs, ... are tied to variable-rate mortgages he took out from Deutsche Bank between ... The loan documents don't specify whether Trump and Deutsche Bank ...
Trump Discloses Cohen Payment, Raising Questions About Previous ...
New York Times-May 16, 2018
... $100,000 to his personal lawyer, Michael D. Cohen, in 2017, raising questions ... Mr. Cohen has said he made the payment shortly before the 2016 .... of assets, but that report spanned nearly 16 months so is not directly comparable. ... A large share of that debt stems from Deutsche Bank loans to Trump ...
Ethics director forwards concerns to federal prosecutors over Michael ...
International-PBS NewsHour-May 17, 2018
International-PBS NewsHour-May 17, 2018
All together now: We'll see what happens
Fox News-Nov 29, 2018
Trump waited until after the midterms to respond to Mueller's questions and .... WaPo: “Michael Cohen, a former personal attorney to President Trump, ... NPR: “German police raided Deutsche Bank offices on Thursday, ... Trump and the bank once sued each other after he failed to repay a $300 million loan.
Will Trump Be Meeting With His Counterpart — Or His Handler?
New York Magazine-Jul 10, 2018
In 2010, the private-wealth division of Deutsche Bank also loaned him hundreds of .... France's right-wing party received an $11 million loan from Russia; ... position as Trump's campaign manager for debtforgiveness from Deripaska. ... Michael Cohen and Felix Sater, the two business associates of Trump's ...
Goldman Sachs Revealed to Have Contributed $275M to 111 Murray ...
Commercial Observer-Sep 28, 2018
The nearly $500 million construction loan on 111 Murray Street has been ... the property, New York City Department of Finance records show. ... Deutsche Bank and Blackstone Real Estate Debt Strategies was refinanced first in Nov. ... Michael Cohen, the Trump Organization lawyer who pled guilty last ...
Donald Trump Might Be the Worst Businessman in America
Washington Monthly-Oct 10, 2018
Mr. Trump won the presidency proclaiming himself a self-made ... him a $1 million loan, the president's businesses were funded to the tune of ... company filed for bankruptcy in 2004, facing $1.8 billion in debt. ... Keep in mind that in 2017, Deutsche Bank reached a $630 million ... Michael CohenTestimony ...
WATCH: Donald Trump Says 'I Have No Deals In Russia, I Have No ...
Second Nexus-Nov 29, 2018
“I have no deals that could happen in Russia and I have no loans with Russia. ... several more times, stressing that he had “very low debt” and large assets. ... 2) Trump's main lender, Deutsche Bank, raided for money launderin'. ... 1) Michael Cohen pled guilty related to Trump Org deal and agrees to testify ...
Michael Cohen sentencing: Trump's former lawyer attacks president's ...
The Independent-Dec 12, 2018
Michael Cohen has warned that he has more to say about what he called the “dirty deeds” of Donald Trump as the president's former lawyer ...
HNA, Under Pressure From Beijing, to Sell Its Overseas Empire
Wall Street Journal-Sep 7, 2018
Michael Cohen Makes History .... A spokeswoman for Deutsche Bank declined to comment. .... to unload assets shows the group remains under pressure to repay debt, ... expired and lenders sold some shares to recoup their loans. ... stake in the building in 2016 before President Donald Trump'selection.
Following the Money: Trump and Russia-Linked Transactions From ...
Center For American Progress-Dec 17, 2018
In his plea agreement, Cohen admits to suggesting that Trump could travel ... The money launderer may pass the money through multiple bank accounts or ..... of loans he had made to his campaign; that same month, Trump sold his entire ...... Michael Cohen” (December 7, 2018), available at <a href="https://" rel="nofollow">https://</a>assets.
The Trump-Russia Timeline
Just Security-Dec 19, 2018
Russia defaults on its debt and its stock market collapses. ... the 14 properties came from outside investors or from selling off major Trump Organization assets. ... At Donald Trump's invitation, 40-year-old Michael Cohen joins the Trump Organization. ... Trump Sues Deutsche Bank, But Bank Keeps Lending To Him Anyway.
Where the Story of Trump's $400 Million Cash Spending Could Go Next
Slate Magazine-May 6, 2018
Our resolution for this year was to understand the debt of the Trump Organization. ... where there is tons of money going in with no loan, that's what made us say: ... Deutsche Bank, as you report, was really the only major lender ... The only one that Michael Cohen was involved in was in this property at 806 ...
Did the New York Times Just Uncover Why Trump Abruptly Switched ...
Slate Magazine-Oct 3, 2018
Trump's rise in the 1980s was famously debt-fueled, and he even ... which was later quoted when one of his longtime partners, Deutsche Bank, ... just his salaried employee but also his property manager, landlord, banker and consultant. He gave him loan after loan, many never repaid,” the Times reports.
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Web results
Cohen: Trump sought Deutsche Bank loans by inflating assets | Fox ...
https://www.foxbusiness.com/.../cohen-trump-inflated-assets-to-get-loan-from-deutsche-...
2 days ago - Cohen: Trump sought Deutsche Bank loans by inflating assets ... Michael Cohen is a professional liar, says ex-FBI official Kallstrom ... financial statements outlining Trump's assets and liabilities in 2011, 2012 and 2013.
Trump Exaggerated His Wealth in Bid for Loan, Michael Cohen Tells ...
https://www.nytimes.com/2019/02/27/.../donald-trump-buffalo-bills-deutsche-bank.html
2 days ago - The president's former lawyer, Michael Cohen, testified that Donald Trump ... Deutsche Bank officials viewed some of the values Mr. Trump assigned to ... Mr. Trump's personal assets and liabilities in 2011, 2012 and 2013.
Trump 'inflated his total assets when it served his purposes,' Cohen ...
https://www.washingtonpost.com/.../trump...assets...cohen.../4c41d4e2-3ab3-11e9-a2cd-...
2 days ago - Michael Cohen, right, President Trump's former personal lawyer, walks ... the value of his real estate assets and the amount of his outstanding debts. ... premiums and obtain a Deutsche Bank loan to buy the NFL's Buffalo Bills ...
Michael Cohen offers a fresh window into how Trump did business ...
https://edition.cnn.com/2019/02/27/politics/michael-cohen-trump-tax.../index.html
2 days ago - Trump's former fixer and lawyer Michael Cohen accuses Trump of being a ... of Trump's assets and liabilities and a bottom line declaration of his worth. ... when Trump was trying to secure a loan from Deutsche Bank for an ...
Cohen says Trump inflated his wealth in bid to buy Bills - AP News
https://www.apnews.com/204bc03eb5ab4022841de75607a2368e
2 days ago - NEW YORK (AP) — Michael Cohen said during his congressional ... before becoming president, including inflating his assets during a. ... gave financial statements to Deutsche Bank in hopes of getting a loan. ... NFL rules require owners to control 30 percent of the team and have a debtlimit of $350 million.
Read the whole story
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The Takeaway
WNYC Studios-Feb 28, 2019
"These documents and others were provided to Deutsche Bank, in one occasion when I was with them, to attempt to obtain money so that we ...
Deutsche Bank merger with Commerzbank doesn't make sense - advisor
Reuters-Feb 28, 2019
BERLIN, Feb 28 (Reuters) - A merger between Deutsche Bank and Commerzbank does not make economic sense, an advisor to Germany's ...
Investor Cerberus open to Deutsche Bank merger with Commerzbank ...
Channel NewsAsia-Feb 27, 2019
Banners of Deutsche Bank and Commerzbank are pictured in front of the German share price index, DAX board, at the stock exchange in ...
Dollar General downgraded at Deutsche Bank on valuation
Seeking Alpha-Feb 28, 2019
Dollar General (NYSE:DG) -0.8% pre-market as Deutsche Bank downgrades shares to Hold from Buy, citing mostly valuation concerns.
ALX – Deutsche Bank rates the stock as Buy
ShareCafe-14 hours ago
2018 operating earnings (EBITDA) were ahead of Deutsche Bank's forecasts. Growth continues to be supported by traffic, smaller declines on ...
Michael Novakhov - SharedNewsLinks℠
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