MSNBC panel links Deutsche Bank’s denial of Trump loans to son Eric boasting about Russian financing

MSNBC panel links Deutsche Bank’s denial of Trump loans to son Eric boasting about Russian financing

During a panel discussion on MSNBC’s AM Joy, host Joy Reid and two prosecutors made the case that investigators should look into a report that Donald Trump was unable to float a loan at Deutsche Bank in 2016, and tie it to his son, Eric, boasting the family received loans from Russian interests to purchase golf courses.

Speaking with former prosecutors Jill Wine-Banks and Cynthia Alksne, Reid pointed to a New York Times article that stated that the bank refused to loan Trump any more money while he was running for president.

According to Alksne, the whole idea of that Deutsche Bank was staying away from Trump in 2016 was laughable because the bank is a known launderer of Russian money.

“Let me say, Deutsche Bank was worried about their reputation?” she smirked. “I mean, come on. Deutsche Bank’s reputation is in the gutter and they were worried about being associated with Donald Trump, that gave me a giggle.”

According to the former prosecutor, it would be hard to figure what was going on with the Trump Organization in 2016 without seeing the president’s tax returns which he has refused to release.

Connecting the dots, host Reid brought up an interview with Eric Trump who confessed to a golf magazine journalist that the family was able to purchase Turnberry Golf Course with Russian money.

“In 2013 [Eric Trump] told him the company’s golf properties were funded by Russians,” Reid explained. “Eric Trump has since denied making the comment. But we know during the campaign Donald Trump borrowed money for golf properties. Deutsche Bank lent the Trump Organization more than $100 million to finance the 72-hole Doral Golf Resort.”


Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ }}

Don't Sit on the Sidelines of History. Join Alternet All Access and Go Ad-Free. Support Honest Journalism.