Mother Jones (Russ Choma) just came out with an excellent article on the massive conflict of interest Trump would face if elected. Here’s the link —www.motherjones.com/...
The subtitle hints at the problem:
Deutsche Bank is in crisis. It holds more than $300 million in Trump's debt. That's a problem.
The fact that Trump has massive loans with foreign banks is not new news.
But this article explains how Deutsche Bank’s current crisis would set up a “President Trump” with a clear dilemma on the first day of his presidency that pits his own self interest against the interests of the United States of America.
This is not speculation.
Deutsche Bank is facing a fee fall in its stock price:
after the Justice Department demanded the gigantic German bank pay $14 billion to settle claims regarding its sale of bad mortgage-backed securities in the the run-up to the 2008 financial crisis.
The article ponders a situation where Deutsche Bank may need to sell off loans including Trump’s debt to help deal with its current predicament. Regardless, with an arm of the federal government zeroing in on the bank, Trump would have a clear conflict of interest.
And his bogus “blind trust” would not overcome it.