UPDATE (and it’s bigly) Message to Prznint Stupid From Banks: ‘Pay-Up, Deadbeat’

So, who’s watching the banks?

Only bats can hear the high-pitched shriek coming from the Whitey House:

“Deutsche Bank, which has been Mr. Trump’s primary lender for two decades, has decided not to do business with Mr. Trump or his company in the future. Mr. Trump currently owes Deutsche Bank more than $300 million, which is due in the next few years.

“The bank has concluded that, short of forgiving the debt, it has no way to extricate itself from the Trump relationship before the loans come due.

“Another longtime financial partner of the Trumps, Signature Bank, also is cutting ties.”

First Stripe cut him off from grifting his rubes, and now his Russian money laundering bank of choice is ending it. Dude is having another bad week. Good.

UPDATE 1: Thanks Scissorhead DCap –

I cannot find any confirmation that they are in process of repossessing, but… it scans.

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12 Responses to UPDATE (and it’s bigly) Message to Prznint Stupid From Banks: ‘Pay-Up, Deadbeat’

  1. julesmomcat says:

    But….but….he has no idea how to live on a shoestring, like the majority of us. Life is gonna be tough for him, like he’s never imagined. Maybe he’ll learn to like the chow served in debtor’s prison?

    Liked by 3 people

  2. roket says:

    Thank you Deutsche Bank for quantifying the value of the reputation of an alleged billionaire. That value being 5 human lives. 6 if you count suicides.

    Liked by 3 people

  3. Ten Bears says:

    When it’s homeless, I’m gonna’ spit on it. Maybe even piss on it.

    Yes, it.

    Liked by 2 people

  4. Sirius Lunacy says:

    THIS is the primary reason that LDN is demanding his MAGAts commit treason on his behalf. But, you tell them that and they won’t believe you.

    Liked by 1 person

  5. Dennis Cole says:

    And from what I understand, banks hate to do that – become the Repo Man. They’re not in the Real Estate biz, so it’s a massive headachy undertaking, to assume control of property, make sure it’s in a saleable condition, and then unload that sucker, hopefully not at a loss, unless that somehow works to their advantage.
    And I know the Big Banks have whole divisions that concentrate on this, and they have real estate trust investment vehicles, but they’re known to be much happier if they could just concentrate on separating the consumer from his very last, or next-to-last dollar.

    Liked by 2 people

    • retiredeng says:

      At the very least they should erase the name. That would be popular with the orange taint.

      Liked by 1 person

    • Oh, they got a whole lot of practice at that duing the Great Recession, to the porint of repossessing a large number of homes they didn’t own the paper on, or that the owners hadn’t defaulted on.

      They made out handsomely on repossessed homes; they were snatched up at fire sale prices by blood-sucking parasites ‘investors’ who slapped a coat of paint on ’em and put them on the rental market, at inflated prices, and pushed them on fold in ‘rent-to-own scams over and over again (miss one month, and poof, all the rent you’ve paid to ‘own’ disappears into their pocket leaving you with squat, and evicted for missing rent besides.)

      Rinse and Repeat and it a pretty lucrative scam.

      Liked by 1 person

      • Dennis Cole says:

        BDR – that was certainly the case with SFDs, which, as you pointed out, were snatched up immediately by investors, as housing is and was in such high demand. But when it comes to hotels and other commercial RE, the demand is just not there, and they often end up becoming a millstone around the necks of those Banksters unfortunate enough to get stuck with them, or holding the paper (loans) on them.

        And let us not ever forget Steve Mnuchin’s role in that travesty, as CEO of OneWest, and how he came to be known as the “Foreclosure King of CA.”

        Liked by 1 person

  6. sos says:

    I suppose LDN can go live with Ivanka’s in-laws. I mean they totally owe him.

    I should have figured this, but I’m still surprised on just how little my heart is breaking for him.

    Liked by 1 person

    • sleeve98 says:

      Nope. Evading criminal prosecution necessarily means fleeing the country. Trump is a coward. Trump cheats. Trump is contemptuous of the law. In no multiverse that even Rand Paul occupies (simultaneously?) does remaining on U.S. soil make any sense.

      He’s going to bolt. If he doesn’t, he’s stupid and he really does have the stupidest lawyers ever.

      Liked by 1 person

  7. Bruce388 says:

    You know who can handle foreclosing Lord Dampnut’s properties? He has a lot of experience at it and he’s made a ton of money. Steve Mnuchin.

    Liked by 1 person

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