Trump versus Capital One
The Trump Organization has sued Capital One for closing its bank accounts. The organization says it did so out of political reasons.
01 Show notes
The Trump Organization has sued Capital One for closing its bank accounts. The organization says it did so out of political reasons. But banks can close accounts for a zillion reasons. They don’t have to say why. Capital One cited money laundering as a concern.
On today’s show, how banks decide to close accounts, how much politics plays a role and what the bank might have seen in its crime-stopping crystal ball.
Fact checking by Sierra Juarez.
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