Deutsche Bank execs repeatedly ignored major red flags around Trumps shady finances NYT

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Offit tells the Times that lending to otherwise untouchable borrowers was how the bank made a name for itself. In a later deal to fund the Trump International Hotel and Tower in Chicago Trump told wary bank officials that he had a net worth of $3 billion. However they concluded he was worth roughly $788 million. despite defaults deutsche bank kept loaning to trump. Deutsche Bank loaned more than $2 billion to Donald Trump before he became U. president despite multiple red flags surrounding Trump The New York Times reported on Monday. The Times report comes after Germanys two largest lenders confirmed on Sunday that they were in talks about a merger. Deutsche Bank The Trump Organization and the White House did not immediately reply to CNBCs request for comment on the Times report. President Donald Trumps relationship with Deutsche Bank read The New York Times. Pan Am didnt have enough cash and so it couldnt spend as much as the Trump Shuttle on maintenance

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