So Why Would Deutsche Bank Dump Trump?

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Salon brings us he deathless news that Deutsche Bank might want to dump Trump:

Deutsche Bank is searching for a way to end its tumultuous relationship with President Donald Trump after the election following years of negative media coverage stemming from their relationship, a new report reveals.

Well, no, not really, no. It’s not following, it’s because of. As the report itself says:

Deutsche Bank AG is looking for ways to end its relationship with President Donald Trump after the U.S. elections, as it tires of the negative publicity stemming from the ties, according to three senior bank officials with direct knowledge of the matter.

Because everyone’s whining that they’ve lent him money they might not lend him money. Which is a pretty vile use of political power really, to shut someone out of the capital markets just because you don’t like him.

Then, of course, Elizabeth Warren goes one worse:

Elizabeth Warren, a Democrat member of the Senate banking committee, has previously called for an investigation into Deutsche Bank over its money laundering controls and has demanded answers from the lender about its relationship with Trump and his family. She told Reuters that she intended to keep pushing for a probe in the next administration.

“You bet I’m going to continue to fight for accountability and strong enforcement of our banking laws, especially for giant institutions like Deutsche Bank,” she said.

You’re lending to my political opponent. I’m going to set the state upon you, the investigation itself being the punishment of course.

Banana republic stuff but then what did we expect from that quarter?

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Barks
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Barks

A form of the Democrat’s favorite, Lawfare. They have weaponized the federal bureaucracy. Even the Russian hoax/coup/resistance was simply the use of a weaponized bureaucracy against a candidate and than actual office-holder.

Spike
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Spike

Before even the lawfare, it’s cancel culture. We are going to put you out of business for associating with that unperson.

TD
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TD

Assuming the Senate does finish up under Republican control we’ll have a stalemated government. If Elizabeth Warren burns up a lot of energy trying to figure out how to jail Trump it’ll keep her busy and not doing what she really wants to do. Trump can take care of himself. Trump’s support largely came from standing between his supporters and the Democrats who really want to implement policies that would screw his supporters over royally. It’ll be ironic if he keeps doing that while out of office.

Spike
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Spike

Warren will not; this is a “kayfabe.” Trump got mileage at rallies with “Lock her up!” but he was never going to, either. There is no support in Washington for the concept that an office-holder in term x can be persecuted or tried by those serving in term x+1 over policy/personality differences.

TD
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TD

I didn’t suggest that she’d succeed, but rather she needs some project to spin her wheels.

Boganboy
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Boganboy

I’m glad to hear there’s no support for that, Spike. I can’t think of anything more destabilising.

Spike
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Spike

Aye, except perhaps a Presidential election so close that it comes down to urban machine politicians versus slick lawyers + impresarios.