If President Trump's re-election bid falls short, would he set his sights on getting back into real estate full-time? At least one New York banker doesn't think he could even if he wanted to.
The banker, who remained anonymous, told The New Yorker's Jane Mayer that Trump is "done in the real estate business" because "no bank would touch him," likely leaving him without the capital necessary to get back in the game. The banker reportedly believes that even Deutsche Bank — which Mayer notes is, "notoriously, the one institution that continued loaning money to Trump in the two decades before he became president" — would shy away from reviving their relationship. "They could lose every American client they have around the world," the banker said. "The Trump name, I think, has turned into a giant liability."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Today's political cartoons - November 24, 2024Cartoons Sunday's cartoons - taped bananas, flying monkeys, and more
-
The Spanish cop, 20 million euros and 13 tonnes of cocaineIn the Spotlight Óscar Sánchez Gil, Chief Inspector of Spain's Economic and Tax Crimes Unit, has been arrested for drug trafficking
-
5 hilarious cartoons about the rise and fall of Matt GaetzCartoons Artists take on age brackets, backbiting, and more
-
Has the Taliban banned women from speaking?Today's Big Question 'Rambling' message about 'bizarre' restriction joins series of recent decrees that amount to silencing of Afghanistan's women
-
Cuba's energy crisisThe Explainer Already beset by a host of issues, the island nation is struggling with nationwide blackouts
-
Putin's fixation with shamansUnder the Radar Secretive Russian leader, said to be fascinated with occult and pagan rituals, allegedly asked for blessing over nuclear weapons
-
Chimpanzees are dying of human diseasesUnder the radar Great apes are vulnerable to human pathogens thanks to genetic similarity, increased contact and no immunity
-
Deaths of Jesse Baird and Luke Davies hang over Sydney's Mardi GrasThe Explainer Police officer, the former partner of TV presenter victim, charged with two counts of murder after turning himself in
-
Quiz of The Week: 24 February - 1 MarchPuzzles and Quizzes Have you been paying attention to The Week's news?
-
Will mounting discontent affect Iran election?Today's Big Question Low turnout is expected in poll seen as crucial test for Tehran's leadership
-
Sweden clears final NATO hurdle with Hungary voteSpeed Read Hungary's parliament overwhelmingly approved Sweden's accession to NATO
