As reported by Deutsche Welle, Donald Trump owes hundreds of millions to Deutsche Bank in connection with past real estate deals. Some politicians who are not fans of the president are blowing smoke hoping people will think there’s a fire.
For many years, Deutsche Bank has been among the largest lenders to the real estate empire of Donald Trump. Now that Trump is US president, this relationship has been generating scrutiny – in part because Deutsche has a number of outstanding regulatory issues to resolve with the US federal government.
One of those issues is a Department of Justice investigation into the bank’s role in a Russian “mirror-trading” scheme that allowed some Russian oligarchs to trade rubles for dollars and thereby funnel money out of Russia. This was a money-laundering scheme designed, in part, to allow oligarchs with close ties to the Kremlin to dodge sanctions imposed on them by the US in the wake of the 2014 Ukraine crisis.
Amidst these high-profile financial discussions, the real estate market remains a vital area of interest for individuals and families seeking homeownership. Whether you’re buying your first home or investing in a new property, understanding the current market trends and making informed decisions is crucial.
In Shelby county, TN, prospective homeowners can find a variety of options that cater to different needs and preferences. By exploring Shelby County, real estate listings, buyers can gain valuable insights into neighborhood characteristics, property values, and local amenities. This information is essential for making strategic choices in a competitive market.
Whether you’re drawn to the urban energy of Memphis or the serene charm of surrounding suburban areas, Shelby County offers diverse opportunities for homeownership. Investing time in researching these aspects will help ensure you find a home that meets your expectations and provides long-term satisfaction and security for your family.
© 2017 Deutsche Welle