Signature Bank, the New York lender that’s long catered to his family, is closing two personal accounts in which Trump held about $5.3 million, a spokesperson for the firm said on Monday. It’s also calling for the president to step aside before his term officially ends on Jan. 20.
I'm surprised by the action, not so much the amount. Banks can borrow as much as they want from the Fed for basically free. But the fact a bank to cancel a customer's deposit account based on politics? I'm sure they have plenty of customers with felony convictions, but again, that's none of their business.
If it happened as the headline suggests, it's a big deal. This would only happen with consent of the board and expected consent of the regulators and auditors. Former banking manager in exactly this department. It's the bank jumping the shark, but the headline might be more Bloomberg than realityville.
I'm sure the President is shaking in his shoes over this. Why the fuck should any bank be calling for the President's resignation.........unless of course, they are about to go down because of the things that President has been and is doing for We The People.
This same bank finances drug lords, the intel community, and every industry known to man, and probably most that are black, too. So I'm not surprised. What surprised me is that they didn't do it sooner, when the U.S. started pulling out of the U.N.
it's Bloomberg which means that whatever happened, if it happened, is totally exaggerated. That is, closing a credit line is different from saying "take your money and go." And 2) banking is slow, and anything they say has a while before it happens. But 3) if they are closing his depository accounts it's basically them saying he's a criminal and they think they government will back up their persecution. But after reading the article I'm not clear if that happened or not.
With how many banks that are freaking out, it looks like he really is planning to do something to them they won't like
WTF, you are a bank!
Lol 5.3mil is chump change, I don't think this is as big of a move as people are making it out to be.
I'm surprised by the action, not so much the amount. Banks can borrow as much as they want from the Fed for basically free. But the fact a bank to cancel a customer's deposit account based on politics? I'm sure they have plenty of customers with felony convictions, but again, that's none of their business.
If it happened as the headline suggests, it's a big deal. This would only happen with consent of the board and expected consent of the regulators and auditors. Former banking manager in exactly this department. It's the bank jumping the shark, but the headline might be more Bloomberg than realityville.
OUR Deepstate is failing to get him out, so they have turned to the Global Deepstate! :) Good Sign!!
Is this what you call dropping the mask in the industry? Power hungry banks showing the world who they truly are.
How can all the companies tell him what to do? I thought that's why we have elections -- not that they are fair but we still have them !!!
I'm sure the President is shaking in his shoes over this. Why the fuck should any bank be calling for the President's resignation.........unless of course, they are about to go down because of the things that President has been and is doing for We The People.
This is a NY based bank, so the employees are probably super woke.
This same bank finances drug lords, the intel community, and every industry known to man, and probably most that are black, too. So I'm not surprised. What surprised me is that they didn't do it sooner, when the U.S. started pulling out of the U.N.
If Trump ever had any second thoughts about upholding our constitution, this should alleviate those. He has nothing to go home to if he lets them win.
Banksters gonna bankst
Makes sense, who owns/controls the banks?
More info about Signature Bank & Trump family. https://www.nytimes.com/2018/07/23/business/signature-bank-trump-kushner.html
Been debating myself on messing with crypto. Not sure if I should take a chance now or wait until after this blows over.
Now why on earth would POTUS do that?
He shouldn't. But if any of us are still loyal to a bank or any company, this shows you that they are not loyal to you, only to the social-media mob.