Schumer Unleashes ‘Enormous Anger’ on McConnell Who Is Nonetheless Obstructing Senate Democrats

Dean Enrich, a New York Times financial investigator who appeared on MSNBC, claimed Donald Trump was under pressure to raise money quickly as massive loans would soon fall due and banks would begin seizing his assets.

Enrich, who wrote “Dark Towers: Deutsche Bank, Donald Trump and an Epic Trail of Destruction,” said the ex-president is facing a number of unrelated banks that have been announced by previous lenders cut him off from new loans.

Speaking to host Alex Witt, the business analyst said, “There are civil, criminal and congressional investigations going on for years to try to get Trump’s financial records from Deutsche Bank, and you know it’s everyone’s guess what that means becomes show. We do know, however, that there have been employers at Deutsche Bank who have raised money laundering concerns in both Trump and Trump [Jared] Kushner accounts. We still don’t have the full story about what happened there. “

“I trust that you will get to the bottom of it,” answered Witt. “Let me ask you, is this just the beginning? How many other banks or financial institutions have relationships with Donald Trump and how does that affect his finances? “

“I think it’s a very serious financial impact for him,” Enrich replied quickly. “He has hundreds of millions of dollars in debt due over the next few years, most of it with Deutsche Bank, but not all. And usually a borrower would go to the lender and say, “Can we refinance the loan, extend it for a few years?” With most of these loans, that won’t be an option for Trump. “

“He has to bring in a lot of money quickly or there is a risk that he will fail,” he added. “At Deutsche Bank, the bank falls back on its personal assets in the event of a failure. You could go to court to confiscate his property or money he has in various bank accounts. So he has to get cash very quickly and his businesses are in trouble right now. So it is very unclear to me where he can get this money. “

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