Sunday, June 12, 2016

Trump: Conflict-of-Interest No White House Candidate Ever Had

Key Question: How So Rich and From Which Sources

Trump Walking a Very Tight Rope

The sub-title from the main article is:

He owes at least $100 million to a * foreign bank
that has battled with U.S. regulators

The finer point:

In his most recent financial disclosure statement, Donald Trump notes he has billions of dollars in assets.

But the presumptive GOP nominee also has a tremendous load of debt that includes five loans each over $50 million. (NOTE: The disclosure form, which presidential candidates must submit, does not compel candidates to reveal the specific amount of any loans that exceed $50 million, and Trump has chosen not to provide details).

Two of those mega-loans are held by * Deutsche Bank, which is based in Germany but has U.S. subsidiaries. And this prompts a question that no other major American presidential candidate has had to face: What are the implications of the chief executive of the U.S. government being in hock for $100 million (or more) to a foreign entity that has tried to evade laws aimed at curtailing risky financial shenanigans, that was recently caught manipulating markets around the world, and that attempts to influence the U.S. government?

Continue at the main link above – a very good read – more to follow on this, I am sure.

Thanks for stopping by.

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