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Political Discussion
Reply to "well no wonder Amy Chua defended Brett Kavanugh so emphatically"
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[quote=Anonymous][quote=Anonymous]Justin Kennedy signed off on Trump’s loans at money laundromat Deutsche Bank when no bank wanted to give him money. Justin‘s father is Justice Anthony Kennedy, who happened to retire abruptly to make way for Trump’s Brett Kavanaugh. Hmmm [/quote] Another Twitter conspiracy that is simply false. In fact, your exact post is contained in a Tweet in the linked article below (minus the "Hmmm"). Isn't it expected and customary to provide a link and a citation for a tweet when you copy it? Read up......... [quote]But more significantly, the timeline and facts don’t match up in several critical ways. Justin Kennedy joined Deutsche Bank’s commercial real estate in 1998, but the bank had already made one loan to Trump, a $125 million transaction to renovate 40 Wall Street. Deutsche made several other large loans to Trump over the next decade, starting a complex relationship that ended in 2009 when Trump sued the bank over a loan made to build the Trump Tower in Chicago, alleging that the 2008 financial crisis was an unforeseeable event, and that Trump shouldn’t have to repay the over $330 million he was lent. Trump never sought another real estate loan from them, working only with the private banking arm of the financial giant after the suit—which Justin Kennedy never worked for. While the involvement of Kennedy in the real estate loans made to Trump in the late 90s and early 2000s is unclear, it would have been impossible for him to unilaterally loan Trump huge amounts of money. The transactions weren’t illegal or unethical. They weren’t even suspicious, once you get past the idea of loaning money to a serial declarer of bankruptcy. And there was no reason for them to be disclosed during Trump’s run. And headlines like “Anthony Kennedy’s son loaned Donald Trump $1 billion” are too simplistic to be accurate. At best, he would have been one person in a chain of people signing off on the transactions—all legal loans made long before Trump seriously entertained running for president. Kennedy hasn’t been in a position to have any involvement with personally loaning Trump money after that, because he left Deutsche in late 2009 to start his own financial firm.[/quote] https://www.dailydot.com/layer8/anthony-kennedy-donald-trump-money-laundering-conspiracy/ [/quote]
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