Capital One has never accused the Trump Organization of money laundering. But Friday’s filing argues that “documents and Plaintiffs’ own allegations make clear that Capital One closed Plaintiffs’ accounts for anti-money laundering (‘AML’) reasons
Yeah, that basically just means the risk exceeds their risk appetite. It’s the same reason banks won’t deal with legal pornography or gambling companies.
Yeah, that basically just means the risk exceeds their risk appetite. It’s the same reason banks won’t deal with legal pornography or gambling companies.
But sub-prime mortgages? Yes please
it’s not a risk if the government bails you out. they played that risk very well