From Deutsche Bank to Morgan Stanley, who and how dumped Trump

From Deutsche Bank to Morgan Stanley, who and how dumped Trump

From Deutsche Bank to Signature bank, from Morgan Stanley to Coca-Cola, At & t, Walmart and General Motors. Here are some of the giants who said goodbye to Trump. Fiorina Capozzi's article

"The worst thing for the powerful is that they can't trust their friends." The Greek playwright Aeschylus wrote it 500 years before the birth of Christ. Outgoing US President Donald Trump probably repeats it today. Now that Joe Biden's arrival at the White House is imminent, the old friends have paraded one by one. US bankers, managers, financiers. And not only.

DEUTSCHE BANK AND SIGNATURE BANK ABANDON TRUMP

At the top of the list, the two prime lending banks of the Trump family, Deutsche Bank and New York's Signature Bank, which turned off the taps on the outgoing president after the assault on Congress.

THE NEW YORK BANK EVEN ASKS FOR RESIGNATIONS

In particular, the Signature Bank, after announcing the closure of Trump's two personal accounts, also asked for immediate resignation "in the interest of our nation and the Americans". The news, launched by the New York Times , quickly went around the world because never before in US history has there been such a direct attack not only on the politician, but also on his financial empire .

THE MULTINATIONALS COCA-COLA, AT&T AND WALMART FOLLOW

The story also follows a series of other heavy positions taken by multinationals operating in different sectors of the economy: the Morgan Stanley bank, the Marriott International hotel chain, the insurance company Blue Cross Blue Shields, the chemical giant Dow they stopped funding for lawmakers who expressed doubts about the legitimacy of Biden's elections. Coca-Cola, AT&T, Walmart and General Motors decided the same.

GOLDMAN SACHS UNDECISIONS WHAT TO DO

Moreover, there are not a few realities, such as Goldman Sachs, which have promised themselves to carry out a thorough analysis of political behavior to decide what to do. With Lloyd Blankfein, former president and CEO of Goldman Sachs, who confessed how, during the years of the Trump presidency, Wall Street made the best of a bad situation: “Trump was offering what we wanted so we put a clip on our nose. We were not unaware of the kind of risks we were taking. We have repressed them ”.

DO YOU JUSTIFY THE DECISIONS OF TWITTER AND FACEBOOK?

A few words that almost sound like an indirect justification for the decision of the giants of communication via the web, Twitter and Facebook, as well as other important social networks, to permanently suspend Trump's accounts. And which are probably behind the decision to download Trump also by the Stripe digital payment service, which put an end to the transactions related to his election campaign; Shopify canceled online sales linked to the outgoing president; You Tube of Alphabet which censored former Trump adviser Steve Bannon.

THE CHAMPIONSHIP AT TRUMP GOLF CLUB IN NEW JERSEY ALSO CANCELED

Even the Professional Golfers' Association (PGA) canceled the May 2022 championship scheduled at Trump's golf club in New Jersey. "It is clear that holding the PGA championship in the Trump club would cause damage to the PGA brand," said President Jim Richerson in a video statement.

The decision has literally shocked the Trump family who also risk suffering a heavy economic loss due to the cancellation of the event. "There is no reason to terminate the contract" said the Trump Organization, indirectly envisaging a legal battle even to former golf friends.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/mondo/da-deutsche-bank-a-morgan-stanley-chi-e-come-ha-scaricato-trump/ on Wed, 13 Jan 2021 10:49:31 +0000.