Deutsche Bank spent years facilitating the laundering of billions of dollars of Russian money. Deutsche Bank also spent years making loan after loan to Donald Trump, even though he never repaid those loans. It’s never been difficult to figure out that these “loans” were likely the Kremlin’s way of laundering money to Trump.
We’ve all been waiting for the other shoe to drop. Now it finally has – or at least part of it. According to a new bombshell from the New York Times tonight, when Donald Trump was once again going bankrupt in 2008, Deutsche Bank made a point of bailing out his failing Chicago property. The Deutsche Bank employee who led the charge: Justin Kennedy, son of Anthony Kennedy, who abruptly retired in late 2018 so that Trump could put highly compromised Brett Kavanaugh in his place.
After the 2008 debacle, Deutsche Bank ended up cutting Trump off entirely. But then in 2012, another division of Deutsche Bank started buddying up to Trump, and even went so far as to loan him $99 million so he could pay off what he still owed to another division of Deutsche Bank.
There’s a lot to unpack here. First, Donald Trump appears to have committed felony tax fraud by failing to report the forgiven loans as income. Second, why did Anthony Kennedy abruptly retire when he did, giving Trump a major political victory just before the 2018 midterm elections? Finally, and the question the New York Times bombshell still doesn’t address, what role did Russia play in all of the above?
Bill Palmer is the publisher of the political news outlet Palmer Report