The Trump administration has waived part of the punishment for five megabanks whose affiliates were convicted and fined for manipulating global interest rates. One of the Trump administration waivers was granted to Deutsche Bank — which is owed at least $130 million by President Donald Trump and his business empire, and has also been fined for its role in a Russian money laundering scheme. The waivers were issued in a little-noticed announcement published in the Federal Register during the Christmas holiday week. They come less than two years after then-candidate Trump promised “I'm not going to let Wall Street get away with murder.” http://www.ibtimes.com/political-ca...eutsche-which?amp=1&__twitter_impression=true
In late 2016, the Obama administration extended temporary one-year waivers to five banks — Citigroup, JPMorgan, Barclays, UBS and Deutsche Bank. Late last month, the Trump administration issued new, longer waivers for those same banks, granting Citigroup, JPMorgan, and Barclays five-year exemptions. UBS and Deutsche Bank received three-year exemptions. Same shit, different president. They are all bought and paid for.
Late last month, the Trump administration issued new, longer waivers for those same banks, granting Citigroup, JPMorgan, and Barclays five-year exemptions. UBS and Deutsche Bank received three-year exemptions. Apparently, it is the same shit, but Trump is 4.33x shittier than Obama.
...exactly, people on both sides always like to say "follow the money" but little do they know it all ends up in the same place! The banking cartels are the worst of the worst -- sadly they are at the very top of the food chain
So uh, there was plenty of space to make veiled accusations at Trump but not enough to explain what happens if they don't get these waivers. They can't manage accounts they're in control of otherwise. What if they didn't get them?
Then fuck them, they can go out of business. I'm tired of these fucking banks dragging our politicians around by their dicks in their quest for domination. They can all fuck off, Trump too.
Thought it said retirement accounts. As fucked up as I personally believe the stock market and big banks are people depend on them. Apparently they know all the cheating required to keep things going..for now.
Maybe but he would have approved it anyway. Reminds me of paying a football coach 5 million to coach college kids. He'd do it for way less. No need to overpay.
