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The bulk of the Trump PAC money went to law firms that have defended Trump against a series of criminal charges or in civil lawsuits. “Well, if the little fish’s lawyer is being paid by the big fish that’s less likely to happen potentially.”The Trump campaign did not respond to a request for comment. That money is earmarked for political and campaign activities, not for legal expenses, according to the campaign. To help pay the legal fees, Trump’s political operation has also moved millions from his super PAC, MAGA Inc. Those concerns are amplified in court records filed by Smith’s team in the Mar-a-Lago case.

Persons: — Donald Trump’s, Trump, ”, Randall Eliason, he’s, Letitia James ’, James, schemed, “, it’s, Anthony Michael Kreis, Donald Trump, Robert Lee, wasn’t Trump, Lee, Alina Habba, Christopher Kise, James ’, Habba Madaio, Habba, Jean Carroll, Mary Trump, Kise, Foley, Lardner, Chris Kise, Ron DeSantis, Sen, Rick Scott, Coleman, Ciara Torres, Jack Smith, ” Torres, Spelliscy, Joe Biden, Saurav Ghosh, don’t, ” Ghosh, Donald J, Smith, Carlos De Oliveira, De Oliveira, He’s, Walt Nauta, John Irving of, Brand, Stanley Woodward, Woodward, Mark Meadows, Dawn Smelcer, ” he’s, Eric Tucker, Jill Colvin Organizations: WASHINGTON, Commission, Associated, Save, Republican National Committee, Democratic National Committee, National Republican Senatorial, Trump PAC, Trump, White, George Washington University Law School, MAGA Inc, Georgia State University, Associates, Save America, New York Times, PAC, Republican, Florida Gov, Continental, Stetson University College of Law, Justice Department, Justice, Republicans, Democrats, GOP, Democratic, Legal, Smith’s, FBI, John Irving of Earth & Water Law, Brand Woodward Law, Prosecutors, AP, Associated Press Locations: New York, Georgia, Fulton, Lago, Florida, Boca Raton , Florida, Washington ,, Bedminster , New Jersey, York, West Palm Beach , Florida, Save America, Fayetteville , North Carolina, Washington

☆ Retail crime is a 'spiraling problem' in Kansas, the state's AG says, as rising drug use leads to a surge in shoplifting in Wichita
▼ + stars: | 2023-07-03 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Organized retail crime is rising in Wichita, Kansas, according to a report by CNN. "To see this much retail crime, it's shocking," Captain Casey Slaughter, who leads Wichita Police Department's property crimes bureau, told CNN. Organized retail crime at retailers was 26.5% higher in 2021 than in the previous year, according to a study by the National Retail Federation. Target said organized retail crime has led to more than $400 million in profit losses in 2022. Local crime officials say that drugs, and in particular fentanyl, a synthetic drug like heroin but 50 times more potent, appear to be driving a lot of the retail crime.

Persons: —, Kris Kobach, Captain Casey Slaughter, Slaughter, Joe Sullivan, Sullivan, Cabela's, Robert Lee, Lee Organizations: CNN, Service, Kansas, Wichita Police, National Retail Federation, Target Locations: Wichita , Kansas, San Francisco, Wichita, Sedgwick, Sedgwick County

“This is the second train, there was one like it just before.”The video, seemingly filmed in late March, shows old Soviet tanks being transported, somewhere in Russia. Moscow has been known to bring out older military equipment from storage to help it prosecute the war in Ukraine, but these are different. The tanks are T-55s, a model first commissioned by the Soviet Union’s Red Army in 1948, shortly after the end of World War II. Soviet T-54/T-55 tanks form a threatening ring round the Parliament buildings in Hungary on November 12, 1956. T-55 tanks drive through the streets of Prague, capital of what was then Czechoslovakia, in 1968.

☆ How First Republic's courtship of the wealthy led to meltdown
▼ + stars: | 2023-03-27 | by ( Lawrence Delevingne | ) www.reuters.com time to read: +6 min

March 27 (Reuters) - First Republic Bank (FRC.N) became the epicenter of the U.S. regional banking crisis after the wealthy clients it courted to fuel its breakneck growth started withdrawing deposits and left the bank reeling. Reuters GraphicsFor years, First Republic lured high net-worth customers with preferential rates on mortgages and loans. Morgan Stanley analysts estimated a deposit outflow of nearly half of total deposits according to a March 20 note. First Republic's loan book and investment portfolio also became less valuable as interest rates rose, which is hampering a capital raise. "Wealthy customers were drawn to First Republic in part because they could get large mortgages at rock-bottom interest rates," said McCoy.

Florida Governor Ron DeSantis speaks after the primary election for the midterms during the "Keep Florida Free Tour" at Pepin’s Hospitality Centre in Tampa, Florida, U.S., August 24, 2022. REUTERS/Octavio Jones/File PhotoNEW YORK, Oct 21 (Reuters) - One of the 20 people arrested for voting illegally as part of Florida Governor Ron DeSantis' effort to crack down on voter fraud had his charges dismissed on Friday. Voter fraud in the United States is exceedingly rare, studies have shown. Under state law, voter fraud requires intent. Wood registered to vote after being told he was allowed, received a voter card and cast a ballot, all without any objection, Davis said.

☆ Deutsche Bank cuts investment banking jobs as M&A deals dry up -source
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +3 min

Investment bankers were awash with deals in 2021 but have seen few this year as companies halt buyouts and listings amid volatility in the capital markets, tensions between the United States and China, and the Russia-Ukraine war. A Deutsche bank spokesperson declined to comment. The move is a setback for Deutsche, whose investment bank in recent years recovered from being its problem child to its strongest revenue generator thanks to a pandemic trading boom and the deal-making frenzy. Until recently, senior investment bankers had said they wanted to further expand advisory services. Last year, Germany's largest lender began gingerly hiring new staff at its investment bank.

☆ Deutsche Bank names head of semiconductor sector within TMT group
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +1 min

Oct 18 (Reuters) - Deutsche Bank (DBKGn.DE) has hired Robert Lee as managing director and head of the semiconductor sector within its technology, media & telecom (TMT) group in the Americas, according to an internal memo seen by Reuters on Tuesday. The memo, the contents of which were confirmed by a Deutsche Bank spokesperson, said Lee comes with over two decades of experience in the technology hardware industry, and has executed deals across banking products including M&A and initial public offerings. The hiring comes at a turbulent time for the U.S. M&A market that has suffered from dampened investor sentiment, particularly for tech companies, amid geopolitical turmoil, rising interest rates and fears of a recession. Lee, who will be based in San Francisco, joins Deutsche Bank from BMO Capital Markets (BMO.TO) and has previously also worked within tech investment banking at RBC Capital Markets (RY.TO) and Jefferies & Company. Register now for FREE unlimited access to Reuters.com RegisterReporting by Manya Saini in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

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