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.
-
Russian strike kills dozens in UkraineSpeed Read The Sumy ballistic missile strike was Russia's deadliest attack on civilians this year
-
Inside the Israel-Turkey geopolitical dance across SyriaTHE EXPLAINER As Syria struggles in the wake of the Assad regime's collapse, its neighbors are carefully coordinating to avoid potential military confrontations
-
South Korea court removes impeached presidentSpeed Read The Constitutional Court upheld the impeachment of Yoon Suk Yeol after his declaration of martial law in December
-
Myanmar quake deaths rise as survivor search intensifiesspeed read The magnitude-7.7 earthquake in central Myanmar has killed a documented 2,000 people so far, and left scores more trapped beneath rubble
-
'Like a sound from hell': Serbia and sonic weaponsThe Explainer Half a million people sign petition alleging Serbian police used an illegal 'sound cannon' to disrupt anti-government protests
-
Israel detains director after West Bank settler clashspeed read The director of Oscar-winning documentary 'No Other Land' was arrested and beaten
-
Turkey arrests Istanbul mayor, a top Erdogan rivalSpeed Read Protests erupted in Turkey after authorities detained Istanbul Mayor Ekrem Imamoglu
-
Israel strikes Gaza, breaking ceasefireSpeed Read 326 Palestinians were killed in the first major attack since Netanyahu's government signed a ceasefire agreement with Hamas
