Donald Trump’s ‘Worst Nightmare’ Comes To Life
President Donald Trump is facing a “nightmare” situation as Deutsche Bank decided to cooperate with investigators at the New York Attorney General’s office.
The news that the German bank has started handing over financial records to the New York A.G., shook Washington on Wednesday. The revelation of financial crimes has made the situation absolutely perilous for Trump.
As Axios’ Jonathan Swan writes, “if New York officials succeed in getting Trump financial records, it will trouble Trumpworld far more than any congressional fight.”
A major report from the New York Times found that executives at Deutsche Bank saw major “red flags” surrounding President Donald Trump’s financial dealings — but they kept funding him anyway, in part because he helped bring prestige to their institution.
Among other things, Deutsche Bank employees flagged Trump for “wild” exaggerations of his personal wealth, as well as “a promised loan that relied on a banker’s forged signature.”