General Discussion
In reply to the discussion: Did Russia pay Trump's $91 million bond? [View all]AverageOldGuy
(1,571 posts)I understand Chubb is a huge, multinational company with subsidiaries and business worldwide and Trump's $91 mill is pocket change.
I also understand a few other facts.
-- In the late 1980's, major US banks met with Trump and told him they were cutting him off -- no more loans because of his track record. Not too long thereafter, he was purchasing golf courses in Great Britain. When asked by Golf Digest magazine about this, Eric Trump replied: "We don't need the banks. We get all the money we need from Russia."
-- Trump did a lot of loan business with DeutscheBank. Long before Trump ran for the White House, Justice Kennedys son, Justin, worked as an investment banker at Deutsche. The younger Kennedy developed a relationship with Trump, his daughter Ivanka and son-in-law Jared Kushner, helping to finance real-estate deals no other bank would touch because of Trumps record of failing to pay his debts to lenders, contractors and business partners. Justice Kennedy, you will recall, retired in 2018 (who was POTUS then?), clearing the way for Trump to put Gorsuch on the Court.
-- Trump did a lot of business with the Bank of Cyprus, notorious for laundering Russian mob money. One Wilbur Ross was for several years a VP of Bank of Cyprus where he dealt with "international monetary matters." In 2015, while he served as vice-chairman of the Bank of Cyprus, the banks Russia-based businesses were sold to a Russian banker and consultant, Artem Avetisyan, who had ties to both the Russian president and Russias largest bank, Sberbank. At the time, Sberbank was under US and EU sanctions following Russias annexation of Crimea. Avetisyan had earlier been selected by Putin to head a new business branch of the Russian presidents strategic initiative agency, which was tasked with improving business and government ties. Wilbur Ross was Trump's Secretary of Commerce.
Was it Ian Fleming who told us:
-- Twice is coincidence.
-- Three times is enemy action.
Sorry to disappoint, but I'm not seeing monsters under the bed.
Oh, and I forgot to mention: Chubb is tight with Saudi Arabia. The Saudis:
-- Tried -- and may have succeeded -- to get certain US nuclear technology from former Trump National Security Advisor LTG Mike Flynn.
-- Trump refused to take any action when it was proven to him the Saudis murdered a US journalist.
-- Trump's own personal Middle East advisor -- that world-renowned scholar of MIddle East affairs, Jared Kushner -- received $2 billion from the Saudis for his start-up "investment management firm" shortly after leaving the White House.