The News – Fake and Otherwise
Okay, so the big news today is that Michael Cohen pleads guilty. Ya wanna know why? Because he’s freeking guilty.
CNN has it all over the top of the page. Big news. Big giant news.
That’s not the most important news today.
The news is about one of the largest criminal enterprises in the world: Deutsche Bank. This morning Deutsche Bank was raided in Germany.
Five other Deutsche offices in the city were searched in an operation involving about 170 police and officials.
Prosecutors are looking into whether Deutsche Bank staff helped clients set up offshore accounts to “transfer money from criminal activities”.
Deutsche is a money laundering operation. They’ve been caught many times before and let me tell you what happens.
In 2017, Deutsche Bank was fined $630m (£504m) by US and UK regulators in connection with a Russian money laundering plan.
Under the scheme, clients illegally moved $10bn out of Russia via shares bought and sold through the bank’s Moscow, London and New York offices.
Okay, so they were fined $630 million on a $10 billion dollar deal. That’s not a fine; that’s a fee. I mean, it’s like a 6.3% fee.
But what it did do is make money launderers scared. They are at least moving their money to another bank they can control. Deutsche’s profits are falling.
Keep an eye on this one – I’m betting some Russian oligarchs are gonna take a hit.
Doesn’t Trump funnel some of his ill-gotten gains through there?
1“Keep an eye on this one – I’m betting some Russian oligarchs are gonna take a hit.”
Not to mention a president or two.
2Meanwhile,the T Rump Admin tries to kill Obamacare by executive orders and probably illegal rule changes: https://www.washingtonpost.com/national/health-science/new-insurance-guidelines-would-undermine-rules-of-the-affordable-care-act/2018/11/29/ff467f46-f357-11e8-aeea-b85fd44449f5_story.html
3Cohen forgot the first rule taught in law school: If someone has to go to jail, make sure it’s your client!
4As is always the case: It’s the money…
5The world’s largest bank will be in Cyprus shortly.
6The Trump crime family has made extensive use of Deutsche Bank (among others, like that Cypriot one entangled with Wilbur Ross, Comrade Donnei’s Commerce Secty, [who also has many Russian ties]), along with their Russian and Sawedi masters.
Things are going to get even more interesting when Mueller tightens the nooses some more, and then when a Democratic House fires up a passel of investigations.
https://en.wikipedia.org/wiki/Paradise_Papers#United_States
7And it was via the Russian money-laundering that it is believed the Russians dumped boatload of rubles into NRA coffers, which allowed the latter to shower money on Trump.
8RE: criminals like Cohen fessing up aboot lying to Congress (before the Dems take over the House)…
Uday Hussein Drumpf Jr is prolly thinkin’ “rot row”…
9And recently retired SCOTUS Kennedy’s son works at DB, or did. Perhaps funded Kavanaugh’s $200K debt? And loaned trump $1B. The orangeman must be in total freakout mode. Good, he’s been giving us heartburn for long enough. Karma.
https://www.businessinsider.com/anthony-kennedy-son-loaned-president-trump-over-a-billion-dollars-2018-6
10Ok so when will RICO kick in and dmented donnies property’s, companies and assets be seized as the product of a criminal enterprise?
turn Mar el ….whatever into a homeless shelter for immigrants and displaced Puerta Rican’s
11K, that’s “Mar-A-Pendejo” in Floriduh, where Comrade Bonespurs spends so much time and taxpayer money.
12.
@Hannah, dang good points,. There have to be some major quid pros in that crime family cesspool.
Mar a Lago? Have been under the presumption that it will soon go bottom up into a sinkhole. Florida is famous for them. There has already been one on the property but dammit just not big enough!
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