A former Deutsche Bank executive testified this week that the German financial behemoth only agreed to make massive loans to Donald Trump because of Trump’s vast personal fortune. The problem? The bank apparently thought, based at least partly on financial statements provided by Trump, that he was far wealthier than he really was.

  • Blackmist
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    1 year ago

    If you own the bank ten thousand dollars, it’s your problem.

    If you owe the bank ten billion dollars, it’s their problem.

    If they suddenly all go “this guy can’t have any more loans”, then they won’t get paid back. Nobody wants to be the one without the chair when the music stops.