September 25, 2016

Trump's Giant Conflict of Interest Just Got Bigger

http://www.motherjones.com/politics/2016/09/donald-trump-and-deutsche-bank
"Trump would face a tremendous conflict of interest regarding the hundreds of millions of dollars he owes Deutsche Bank, which is now in the crosshairs of US regulators. The US government has charged that the German banking giant misled investors into buying bad mortgage-backed securities in the run-up to the financial crisis of 2007 and 2008, and it is demanding that Deutsche Bank pay $14 billion to settle legal claims. The bank is reported to have planned for a settlement of $2 billion to $3 billion, and negotiations between it and the Department of Justice are likely to be contentious and last for months—possibly well into the next administration."