Below is a letter-to-the-editor written by a friend:
Now we know: A seat on the U. S. Supreme Court will cost you $1 billion.
In the late 1980's Donald Trump was broke. Because of his long history of bankruptcies and stiffing creditors, every major Wall Street bank cut him off. Citigroup, J.P. Morgan Chase and Morgan Stanley are just a few of the banks who told Trump in 1988 they would no longer work with him. A Goldman Sachs official told reporters "bankers know better than to pitch” a Trump-related deal.
Trump spent most of the 1990's searching for money. He found it in Russia where Russian mobsters and wealthy Russian businessmen -- all with close personal and financial ties to Putin -- were looking for places to park their millions.
After the Russian economy collapsed in 1998, wealthy Russians sought to stash their money in international real estate. The Trump Organization offered an appealing haven, mainly because of Trump's reputation for lax reporting (Trump has paid multiple record-breaking fines for ignoring anti-money-laundering laws). As a result, several Trump-branded projects from 1998 onward received significant financing from sources with ties to Russia, most notably the shadowy Bayrock Group and Deutsche Bank, which is one of the few major financial institutions to still lend to Trump.
Much of the Russian money that flowed to Trump was channeled through the Special Client Division of Deutsche Bank.
To date, Trump has obtained around $1 BILLION in loans from Russia through Deutsche Bank. For the past ten years, one Deutsche Bank official, Justin Kennedy, has served as Trump's personal banker. Justin Kennedy's father is -- retiring Supreme Court Justice Anthony Kennedy.
Justice Kennedy's retirement enables Trump to control the Supreme Court for the next fifty years.
The price of a seat on the U.S. Supreme Court: $1 billion in laundered Russian money.
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