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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Heywood40 who wrote (1555579)8/28/2025 4:46:14 PM
From: Broken_Clock3 Recommendations

Recommended By
Bonefish
longz
Thomas M.

  Respond to of 1578013
 
NEW YORK (AP) — When Deutsche Bank loaned Donald Trump’s company hundreds of millions lawyers of dollars, the bank always followed its own guidelines that include checking out information that would-be borrowers provide, an executive testified Tuesday at the former president’s civil fraud trial.

The loans — for projects in Florida, Chicago and Washington, D.C. — are a focus of New York Attorney General Letitia James’ lawsuit contending that Trump and his company deceived lenders and insurers by giving them financial statements that baldly overstated his asset values and overall net worth. The defendants deny the allegations.

Deutsche Bank reviewed the financial statements before making the loans through its department that works with rich individuals — a pathway that allowed for more favorable interest rates than likely available from the commercial real estate division, according to the lawsuit. The deals came with conditions about Trump’s net worth and, sometimes, liquidity, and they often required annual submissions of his financial statements.
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The bank testified in Trump's defense. That was a kangaroo court with a biased jury and that's why the appeals court(a Left judge no less!) dismissed the judgement. Get the difference?