The news of the special councel’s office taking an interest in his dealings with Deutsche Bank may have been the reason for Trump’s weekend twitter tantrum: As President Trump delivered his inaugural address in 2017, a slight woman with feathered gray hair sat listening, bundled in a hooded white parka in a fenced-off V.I.P. section. …
Tag: Deutsche Bank
Dec 06 2017
The Russian Connection: Money Laundering 101
It was reported yesterday that Special Counsel Robert Mueller had subpoenaed the bank records of the Trump family from Deutsche Bank. Duetsche Bank has a rather dubious history of laundering money for everyone from drug lords to arms dealers to oligarchs. Just this psst January, the bank was fined $620 million for its part in …
Dec 05 2017
The Russian Connection: Shoes are Dropping Fast
The Special Counsel Robert Mueller is moving right along. Former Trump campaign manager Paul Maanfort had come to a bail deal that acceptable to the court and Mueller’s office. Problem is that these guys have such huge egos they think they can flout the rules: Former Donald Trump campaign chairman Paul Manafort was, as recently …
Oct 18 2008
10% of $700 billion bailout to cover Wall Street banker pay and bonuses
One tenth of the $700 billion bailout to be footed by U.S. taxpayers is projected to go to the pay and bonuses of Wall Street bankers. The same captains of finance who sent the world into a financial meltdown are now going to be rewarded handsomely.
The Guardian has found that the Top Wall Street bankers are to receive $70 billion in pay deals.
Financial workers at Wall Street’s top banks are to receive pay deals worth more than $70bn (£40.4bn), a substantial proportion of which is expected to be paid in bonuses, for their work so far this year – despite plunging the global financial system into its worst crisis since the 1929 stock market crash…
Staff at six banks including Goldman Sachs and Citigroup will pick up the payouts despite being the beneficiaries of a $700bn bail-out from the US government that has already prompted widespread criticism. The government cash has been poured in on the condition that excessive executive pay will be curbed.