It's hard to think of a stronger endorsement for Trump than the numerous Wall Streeters who don't like him.
"I can't find connective tissue between the financial sector and Trump," said one senior industry official, who spoke on the condition of anonymity to avoid being seen publicly questioning Trump. ..."Wall Street works in close collaboration between policymakers and markets, and Trump is a disrupter," said Peter Kenny, a 20-year Wall Street veteran. "Just because he's a billionaire does not mean that he is part of the team."
What's more, the short snippet about Trump's relationship with Deutsche Bank strikes me as complimentary.
Trump had personally guaranteed $40 million of Deutsche's $640 million construction loan for the project. When a payment came due in November 2008, the billionaire asked for an extension. Deutsche refused, and Trump sued for $3 billion, condemning the bank's "predatory lending practices."Deutsche countersued and did not hold back in asking that Trump's suit be thrown out. "Trump is no stranger to an overdue debt," the company said in one filing. "This suit is classic Trump."
Trump and Deutsche Bank, which declined to comment for this article, finally reached an agreement in August 2010 that extended the loan for five years. It has since been paid off.
Eventually both sides patched things up. Trump and his daughter Ivanka are building a $200 million luxury hotel at the Old Post Office Pavilion in the District. Trump has said he is investing $42 million of his own money into the project.
There is just one loan: $170 million from Deutsche Bank.
I wonder if Trump will be able to mend fences with the Republican elites and general voters who don't like him now?