Deutsche Bank executive testifies that loan to Trump was not unusual!

NEW YORK (PNN) - November 29, 2023 - Deutsche Bank might have just blown up Letitia James’s bogus civil fraud case against President Donald J. Trump.

Radical Marxist New York Attorney General Letitia James is seeking $250 million in “damages” when there is no victim in this fraud case and she is also seeking to ban Trump and his sons from operating any businesses in New York. She accused Trump of inflating his assets and defrauding lenders and insurance companies.

A Deutsche Bank executive who worked to approve at least one of Trump’s loans testified on Tuesday that it is “atypical, but not entirely unusual” to reduce a client’s asset values and still approve a loan.

This type of lending is typical in high net-worth, high-profile clients like Donald Trump. Anyone with basic knowledge of banking, lending, portfolio and credit risk management knows this.

David Williams, who worked on at least one of three loans Deutsche Bank made to Trump in the years before he was elected president, testified that Trump’s stated assets are merely an opinion and a difference of opinion in asset values does not disqualify the potential borrower from a loan.

Late last month far-Left New York Judge Arthur Engoron blasted Trump’s lawyers and said fining Trump for “illegal profits” is an “available remedy” - in a fraud case with zero victims.

Engoron, who has shown his clear bias and thus disqualified himself from participating in this case even though he continues to disregard judicial ethics by doing so, said fining Trump for “illegal profits” is an available remedy…even though there are no victims and a Deutsche Bank executive testified that loaning Trump was a “good credit decision”.

Last month, Michael Cohen, a known liar and convicted felon, told the court that Trump inflated his assets. He continued his testimony later that week when he admitted in court that Trump never ordered him to inflate his financials.

“So Trump never asked you to inflate the numbers on his financial statement,” Trump attorney Cliff Robert asked Cohen.

“Correct,” said Cohen.

Trump’s lawyer immediately asked the judge to dismiss the trial because Cohen, the key witness, just told the court that Trump never instructed him to inflate his assets.

Biased and criminal Judge Engoron denied the motion to dismiss and it was at this point that Trump got up and abruptly walked out of the courtroom.

“The witness just admitted that we won the trial and the judge should end this trial immediately,” Trump said after he stormed out of the courtroom last month.