Trump held conference call with big bank CEOs amid market turmoil: source

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Trump held a conference call with the CEOs of the three largest Wall Street banks as financial markets were in turmoil - source

) Michael Corbat discussed the health of the banking sector with Trump, who was at his resort in Bedminster, New Jersey, the person said.

The three CEOs were in Washington at the time of the call with Trump, according to four people with direct knowledge of the matter. They were in the nation’s capital to discuss long-sought changes to anti-money laundering and bank secrecy rules with Treasury Secretary Steven Mnuchin, the people said.

 

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Banks: Just because you are President we still won’t give you a loan. Trump: Why not, look at the economy. Banks: Kick rocks, you have nothing of value for collateral.

That would be very interesting to hear what he was told.

I'll bet they said 'Stop That Shit!'

I can already hear colbertlateshow's opener, 'Guys, trust me here, I know what I'm doing...great things, we're all going to suck seed....er...succeed.'

mcm_ct So they going back to shorting volatility?

Like he could understand it. Probably talked about his debts coming due in 2020

That's time they’ll never get back

Lookin for kickbacks.

🧐

Was he trying to borrow more money that he’ll never pay back?

It’s August no one will take conference calls at Nantucket and Hamptons...source

LOL

They taught him about something called 'Money' and that when people and institutions lend to one and other they often charge something called 'Interest'. After that he was getting rather tired and wanted to put his propeller hat back on.

He bankrupt his casino, now he will do the same to his country, total buffoon!

Boss move! 💪💪💪💪🇺🇸🇺🇸🇺🇸 MAGA2020Landslide

CHAOS IS GOOD FOR CASH FLOW!!!

Stock market up 315+ today

Did he stamp his foot?

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Trump reportedly held call with major bank CEOs on Wednesday as the stock market plungedPresident Donald Trump reportedly held a call on Wednesday with the CEOs of three major U.S. banks, according to Bloomberg News. Yea. Gotta make sure THEY don’t lose any money. We would hate to see the millions in bonuses shrink. To tell them how he had no path to 270? If he had assembled an economic TEAM with true expertise and the willingness to give him nonpartisan, honest advice, he'd be prepared to address the issues. Heck, he'd have fewer issues to address. Chickens roosting...
Source: CNBC - 🏆 12. / 72 Read more »