Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

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Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions

IBT Times-

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.”

Under laws designed to protect retirement savings, financial firms whose affiliates have been convicted of violating securities statutes are effectively barred from the lucrative business of managing those savings. However, that punishment can be avoided if the firms manage to secure a special exemption from the U.S. Department of Labor, allowing them to keep their status as “qualified professional asset managers.”

[IBT TIMES]

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2 Responses to “Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions”

  1. Miami Dade Judge, Thomas J. Rebull just ruled in favor of dethroned for life foreclosure attorney David J. Stern. If this is not the icing on the cake I don’t know what it is. Homeowners will never ever win a foreclosure case in Miami Dade County as long as these Judges continue to rubber stamp anything these Banksters put in front of them.

    Shame on you Rebull. I hope and pray to God the almighty that you wake up one day and start ruling based on the evidence only and not on who reprints these Banksters, for example Akerman Llc formerly known as Akerman Senterfitt. They have such a grip on the judiciary it is almost sicknening. How can these Judges live with their conscience maybe they don’t have one.

    I urge every Dade County homeowner and those who care to start praying to the Almighty so that a change may be possible. I don’t see any other way out of this cartel.

  2. Unfortunately many Judges in Miami Dade County, Florida will always rule in favor of the BANKSTERS. The third DCA has a 90% rate of ruling in favor of Banksters when it comes to Foreclosures. They will most likely “ Afirm, per Curiam” in favor of the bank when the case favors the homeowner that way they don’t have to explain their ruling.

    In as far as Judge Thomas Julian Rebull he has been married three times, so much for his judgment. I don’t understand why he doesn’t like homeowners’ foreclosure cases. I guess he forgets he was once a minority or at least his Cuban immigrant parents were. How soon we forget once we have reached the top. No worries, karma is a B$&*#.?

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