Trump's Presidency Could be Worth $14 Billion to His Troubled Lender 

DONALD TRUMP’S ELECTION has likely given a massive lifeline to Deutsche Bank, the German financial firm that has been rocked recently by rumors that they would have to pay a $14 billion fine to the Justice Department over crisis-related mortgage abuses. 

That money is unlikely to ever be imposed, now that one of Deutsche Bank’s biggest borrowers – Trump – will soon be sitting in the White House. 

That conflict of interest is one of the innumerable ones facing Trump as he leaves his life of grifting behind and becomes the nation’s chief executive. While the Justice Department is nominally independent of the White House, I had to stop writing this sentence because of constant laughing. Trump could easily move to protect his personal investments by aiding his business partner Deutsche Bank.

 There’s simply no good reason for Deutsche Bank to agree to DOJ’s terms now, when a new administration will take over in a couple months, headed by a man who owes Deutsche Bank a lot of money. Trump’s debt with Deutsche is also negotiable in its own right, giving each side plenty of incentive to make a deal. Deutsche could get a free pass on its legal cases – of which the mortgage securities fraud is just one – while Trump could get better terms for his debts.

DYI Comment:  Trump's first test - will he go down the typical path of our slime politicians or take the high road?  This will come to a head quickly most likely within his first 90 to 180 days in office.  If he takes the high road then he is a true champion of the people - let's hope so.

DYI