8/28/2019

BUSINESS/TRUMP AS PRESIDENT/TRUMP TAXES: “Deutsche Bank’s disclosure on Tuesday [8-27-19] that it has tax returns related to President Trump’s family or business set off a frenzy of speculation about what those materials might reveal. But a trove of other data and documents that his longtime lender is sitting on might prove more revelatory to investigators digging into Mr. Trump’s finances. That includes records of how Mr. Trump made his money, whom he has partnered with, the terms of his extensive borrowings and what transactions he has engaged in with Russians or other foreign nationals. For nearly two decades, Deutsche Bank was the only mainstream financial institution consistently willing to do business with Mr. Trump, who had a long record of defaulting on loans. The bank over the years collected reams of his personal and corporate information. Two congressional committees have subpoenaed Deutsche Bank for a vast array of records related to Mr. Trump — including any tax returns since 2010.”

-David Enrich, “The Trump Secrets Hiding Inside Deutsche Bank,” The New York Times online, August 28, 2019