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Trump’s reputation for ‘crazy’ asset inflation made him ‘a joke’ inside Deutsche Bank: NY Times reporter

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President Donald Trump’s reputation for asset inflation made him a running joke at his biggest lender, Deutsche Bank, New York Times finance editor David Enrich told MSNBC on Tuesday.

“Even before Deutsche Bank entered the picture, Donald Trump had developed a well-earned reputation for defaulting on loans and saddling his banks with hundreds of millions of dollars in losses,” Enrich said. “Deutsche Bank started the relationship knowing full well that that was his M.O., and then sure enough, he did it at least on two occasions to the bank in very acrimonious ways that led to litigation, and led to a huge public embarrassments and black eyes for Deutsche Bank.”

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Enrich said Trump’s problematic history with Deutsche Bank could land him in legal trouble, including charges of fraud.

“There’s a lot of evidence, having spoken to dozens of people inside the bank who are involved with these loans, that Trump was a serial exaggerator when it came to how much he was worth,” Enrich said. “Not just his personal wealth, but the assets his company has.

Trump, Enrich said, would so regularly “assign ridiculous values” to his real estate properties, that it became a running joke at the bank.

“He was valuing them at such astronomical levels that it became a joke inside the bank that ‘this is another example of Donald just assigning these crazy out of touch levels to his values,'” he said. “They were okay with that because they, the bank, felt comfortable, they could go in and say, ‘we’re just going to chop 70% off the value of that asset’ and that they could reach a conservative enough valuation that it still made sense to lend to him.”

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2020 Election

Trump shows all the signs of being ‘rattled’ now that the White House is under siege from protesters: columnist

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In a column for the Atlantic, longtime political observer Peter Nicholas stated that Donald Trump is showing all the signs of a scared man as massive protests have broken out across the country over the murder of George Floyd at the hands of four former Minneapolis cops -- and angry Americans are taking their case all the way up to the White House gates.

As Nicholas wrote, "Presidents live within a protective cocoon built and continually fortified for one purpose: keeping them alive. But inside the White House compound these days, Donald Trump seems rattled by what’s transpiring outside the windows of his historic residence."

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Black Londoner explains George Floyd protester support with story of how cops murdered his brother

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In an interview with MSNBC's Molly Hunter, a Black Londoner explained why he turned out for a protest near Trafalgar Square in support of Americans who have hit the streets in the U.S. over the murder of George Floyd by four former Minneapolis police officers.

According to the man -- identified as Daniel and who was wearing a COVID-19 mask and a New York Yankees hat -- his brother was also murdered by police and the cops walked free.

"You've been marching all day," Hunter began. "Look, I have two questions for you: what was it like watching the U.S. this week from London? Does it resonate?

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Denver cops busted for doing drive-by shootings of anti-police brutality protesters

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In a video posted to Twitter, a young Denver man protesting the killing of George Floyd at the hands of four former Minnesota police officers, found himself on the receiving end of an attack by police himself as he filmed them riding on the side of a truck -- only to have his phone hit by a fired police projectile while still in his hand.

According to Rachelle D'nae, a staff writer at Slate, her brother went to the Denver protest and was filming the officers when the incident occurred.

"My older brother went to a protest in Denver last night. as the police were leaving, one of them shot him with a pepper pellet that smashed the back of his phone and exploded in his face. they were ~30 feet from each other and it looks like the officer aimed directly at his face," she wrote before adding in a second tweet, "when my brother told me he was going I prepared for the worst. I made sure he had my number memorized so I could bail him out if I needed to and I sat up until he made it home, trying not to cry as he told me he had been tear-gassed."

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