Douche Bank

I was a managing director for a Dutch Bank. ABN AMRO. It was a premier global bank rivaling CitiBank at the time. Not to be confused with Deutsche Bank. Which is German.

ABN had a rule never to do real estate deals. EVER. Deutsche Bank came on the scene in the late 90’s and made the same mistake as the Japanese Banks had done in the ’80’s. Lots of bad high rise bets.

Deutsche got cozy with the biggest real estate loser, giving loans to Trump from each side of its so-called Chinese Wall. Much to its demise.

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