[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Jimmy Dore: What’s Being Said On Israeli TV Will BLOW YOUR MIND! Tucker Carlson: Douglas Macgregor- Elites will be overthrown 🎵Breakin' rocks in the hot sun!🎵 Musk & Andreessen Predict A Robot Revolution Comedian sentenced to 8 years in prison for jokes — judge allegedly cites Wikipedia during conviction BBC report finds Gaza Humanitarian Foundation hesitant to answer questions DHS nabbed 1,500 illegal aliens in MA— The Day After: Trump 'Not Interested' In Talking As Musk Continues To Make Case Against BBB Biden Judge Issues Absurd Ruling Against Trump and Gives the Boulder Terrorist a Win Alan Dershowitz Pushing for Trump to Pardon Ghislaine Maxwell Signs Of The Tremendous Economic Suffering That Is Quickly Spreading All Around Us Joe Biden Used Autopen to Sign All Pardons During His Final Weeks In Office BREAKING NEWS: Kilmar Abrego Garcia Coming Back To U.S. For Criminal Prosecution, Report Says he BEST GEN X & Millennials Memes | Ep 79 - Nostalgia 60s 70s 80s #akornzstash Paul Joseph Watson They Did Something Horrific Romantic walk under Eiffel Tower in conquered Paris srael's Attorney General orders draft for 50,000 Haredim amid Knesset turmoil Elon Musk If America goes broke, nothing else matters US disabilities from BLS broke out to a new high in May adding 739k. "Discrimination in the name of 'diversity' is not only fundamental unjust, but it also violates federal law" Target Replaces Pride Displays With Stars and Stripes, Left Melts Down [WATCH] Look at what they are giving Covid Patients in other Countries Whole packs of holistic medicine Vitamins and Ivermectin SHOCKING Gaza Aid Thefts Involve Netanyahu Himself! Congress Is Functionally Illiterate Police Adviser Cancelled for Daring to Claim Women Commit Just as Much Domestic Violence as Men Mediaite and The Daily Beast FORCED to RETRACT False Claims Caitlin Clark Is HATED By All The BLACK (LESBIAN) WBNA Players. School board tells teachers 'family' is a white supremacist term Illegal Migrant Accused of Crushing Co-Workers Head with Heavy Machinery at Florida Construction Site DACA Recipient Sent to U.S. Prison for Buying Guns for Mexican Cartels

Pious Perverts
See other Pious Perverts Articles

Title: Trump's Big Bank Theory.
Source: [None]
URL Source: https://www.msnbc.com/velshi-ruhle/ ... -millions-to-one-1134798915777
Published: Feb 14, 2018
Author: Velshi
Post Date: 2018-02-14 17:32:56 by bush_is_a_moonie
Keywords: None
Views: 262
Comments: 3

Smile Trumpbots !!!!

Post Comment   Private Reply   Ignore Thread  

#1. To: All (#0)

n late December, when the Trump administration permitted five global banks to continue managing corporate retirement plans even after they had pleaded guilty to criminal charges relating to errant currency trading practices, it went almost unnoticed amid the holiday season’s distractions. The administration was also not seen as going out of the way to favor the banks; it merely gave formal effect to the Obama administration’s proposals to grant the banks long-term waivers, as the Wall Street Journal reported.

But experts at Wharton and elsewhere pointed out at least two disconcerting aspects about the waivers granted by the Department of Labor. One was the timing of the move, raising suspicions that the government may have sought to sneak it through during the holiday rush. The second was the waiver granted to Deutsche Bank, which happens to have close banking relationships with President Trump. Trump owed Deutsche Bank about $130 million, according to a report last June from the U.S. Office of Government Ethics.

In a separate case, Deutsche Bank is also being questioned as part of the federal investigation into the suspected Russian meddling in the 2016 U.S. presidential election. The other banks that received waivers of restrictions on managing pension funds and individual retirement accounts are JP Morgan Chase, Citigroup, UBS and Barclays, but no red flags rose in those cases.

Too Close for Comfort?

The Deutsche Bank waiver “is drawing attention because of the opacity of the President’s financial holdings and financial dealings, generally,” said Peter Conti-Brown, Wharton professor of legal studies and business ethics. However, there is no evidence of a quid pro quo between Trump’s finances and Deutsche Bank, he added.

In fact, waivers such as those granted to the five banks were “pretty standard” until a few years ago, Conti-Brown noted. Large, global financial conglomerates do business with “tens of thousands of entities,” and criminal activity in one of those may have nothing to do with their dealings elsewhere, he explained. He pointed out that the Department of Labor in the Obama administration had begun to “exact more scrutiny and issued more conditions on the waivers, and made them shorter.”

More about Trump's corruption at the link

knowledge.wharton.upenn.edu/article/will-convicted-banks-get-reprieve/

bush_is_a_moonie  posted on  2018-02-14   17:36:41 ET  Reply   Trace   Private Reply  

However, there is no evidence of a quid pro quo between Trump’s finances and Deutsche Bank, he added.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2018-02-14   17:47:29 ET  Reply   Trace   Private Reply  

Unfortunately, the banks had already stolen most of the money.

The beauty of the second amendment is that it will not be needed until they try to take it away-Thomas Jefferson

Give Me Liberty  posted on  2018-02-15   2:06:01 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]