Banks can hand over DT's financials....

[kadee79]

Deutsche Bank AG and Capital One Financial Corp can hand over U.S. President Donald Trump's financial records to Democrats in the U.S. House of Representatives, a federal appeals court ruled on Tuesday.

The ruling from the 2nd U.S. Circuit Court of Appeals in New York marked a significant setback for the Republican businessman-turned-president in his efforts to shield his finances from scrutiny.

In subpoenas issued in April, the House Financial Services Committee and the Intelligence Committee asked Deutsche Bank for records related to Trump, three of his children and the Trump Organization. Lawmakers have said the requests are part of a wider probe into money laundering and foreign influence over U.S. politics.

They were made months before House Democrats began an inquiry in September into whether there were grounds to impeach Trump over his request to Ukraine to investigate Democratic political rival Joe Biden.

Deutsche Bank has long been a principal lender for Trump's real estate business. A 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.

www.msn.com/en-us/news/politics/banks-can-hand-trump-financial-records-to-house-democrats-court-rules/ar-BBXHMZx?li=BBnb7Kz

[dezii]

Dec 3, 2019 11:31:26 GMT -5 kadee79 said:

Deutsche Bank AG and Capital One Financial Corp can hand over U.S. President Donald Trump's financial records to Democrats in the U.S. House of Representatives, a federal appeals court ruled on Tuesday.

The ruling from the 2nd U.S. Circuit Court of Appeals in New York marked a significant setback for the Republican businessman-turned-president in his efforts to shield his finances from scrutiny.

In subpoenas issued in April, the House Financial Services Committee and the Intelligence Committee asked Deutsche Bank for records related to Trump, three of his children and the Trump Organization. Lawmakers have said the requests are part of a wider probe into money laundering and foreign influence over U.S. politics.

They were made months before House Democrats began an inquiry in September into whether there were grounds to impeach Trump over his request to Ukraine to investigate Democratic political rival Joe Biden.

Deutsche Bank has long been a principal lender for Trump's real estate business. A 2017 disclosure form showed that Trump had at least $130 million of liabilities to the bank.

www.msn.com/en-us/news/politics/banks-can-hand-trump-financial-records-to-house-democrats-court-rules/ar-BBXHMZx?li=BBnb7Kz

I expect The Donalds lawyers will appeal this ruling to a higher court...not sure where...Supreme Court ? If so, and court does not design to hear the appeal...their right...then this ruling stands I believe.

{I am not a lawyer so just my "gut" feeling ala the Donald as far as decisions and beliefs are concerned}

[Bob Ross]

When they finally do get access to Trump's financials and tax returns, what do you think they'll find?

Will it be...

A) Fraud
B) Corruption
C) Fraud and corruption
D) A whole lotta fraud and corruption
E) A metric buttload of fraud and corruption
F) Cute fuzzy bunnies<sup>*



*</sup> Note:  Cute fuzzy bunnies are the most fraudulent and corrupt of ALL.

[busymom]

Besides the fraud & corruption, I'm betting we'll find out he's not worth one thin dime, & owes millions to his friends in Russia.     He might have title to a lot of real estate, but if you can't make your payments, it's just a house of cards waiting to fall down.

[kadee79]

I'm also wondering if his debt total offsets his valuation.  

There could likely be both fraud & corruption & things might take a down turn for him for high valuation for insurance purposes & loans, but low valuation for taxes.  He might have another 20 or 30 years of "audits in progress"....(tongue in cheek here).

[happyhoix]

I'm not certain, but I strongly suspect he's been money laundering for the Russian oligarchs, based on a Black Sea development he was involved in (and through which a shit ton of money was funneled).

Added to the evidence pile, 1) his friendship with Manafort, who was money laundering, and 2) his use of the Deutche bank, which has been previously convicted of connecting people with money with people interested in laundering that money for them.

[thyme4change]

Dec 3, 2019 12:00:07 GMT -5 busymom said:

Besides the fraud & corruption, I'm betting we'll find out he's not worth one thin dime, & owes millions to his friends in Russia.     He might have title to a lot of real estate, but if you can't make your payments, it's just a house of cards waiting to fall down.

How do we determine his net worth from a single year of tax returns? I don't have complicated taxes, so I'm not sure how that would work. You can see my income and some of my expenses, but not my met worth.

[djAdvocate]

Dec 3, 2019 11:56:38 GMT -5 Bob Ross said:

When they finally do get access to Trump's financials and tax returns, what do you think they'll find?

Will it be...

A) Fraud
B) Corruption
C) Fraud and corruption
D) A whole lotta fraud and corruption
E) A metric buttload of fraud and corruption
F) Cute fuzzy bunnies<sup>*



*</sup> Note:  Cute fuzzy bunnies are the most fraudulent and corrupt of ALL.

I suspect they won't find anything criminal. I think they will find a lot to ask questions about, as well as finding that he is basically broke, and not a billionaire at all, except in lifestyle and appearance.

[djAdvocate]

Dec 3, 2019 12:30:36 GMT -5 happyhoix said:

I'm not certain, but I strongly suspect he's been money laundering for the Russian oligarchs, based on a Black Sea development he was involved in (and through which a shit ton of money was funneled).

Added to the evidence pile, 1) his friendship with Manafort, who was money laundering, and 2) his use of the Deutche bank, which has been previously convicted of connecting people with money with people interested in laundering that money for them.

this also seems quite possible to me. it is one of a very few things that would explain every aspect of his behavior toward Russia.

[alabamagal]

Did he get a 1099 titled “Russian Payola”?

[happyhoix]

Trump, who previously bragged in his books about never paying cash for anything, paid cash for his Scottish golf course.

It will be interesting to see where he got that money from, especially when one of his sons was caught on video at an investors' meeting bragging about how Trump Inc can get all the money they want from Russia.

It will be carefully disguised through many levels of shell companies, but there will be a trail for someone skilled in finding money laundering to find.  

[thyme4change]

Dec 3, 2019 14:24:30 GMT -5 alabamagal said:

Did he get a 1099 titled “Russian Payola”?

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