Donald Trump Chastised CEO of Bank That Went Under During Financial Crisis, Book Claims: 'You Arrogant SOBs, Look at You Now'

Donald Trump chastised the "arrogant" CEO of a bank who had made him "squirm" when trying to borrow money from the institution after it collapsed during the financial crisis. That's according to a new book about the president.

The Real Deal: My Decade Fighting Battles and Winning Wars With Trump is co-written by George Sorial and recounts his time working as a senior executive at the Trump Organization between 2007 and this year, when he left his role as chief compliance counsel.

"There was a real energy about The Trump Organization, and we were lucky to be there—some of my friends were at development firms that were dying, and it wasn't much fun when they could see us thriving," Sorial wrote about the company during the 2007-08 crash.

"On one occasion, in true DJT style, I remember being in his office chatting, and he said there were a couple of banks that had gone under, and their guys had been so conceited and patronizing over lending money to us for projects—the sort of assholes who wanted to look big by making Trump squirm.

"Later that week, I saw a letter to the former CEO of one of these banks that said the same thing: 'You arrogant SOBs, look at you now.'"

Trump has long struggled to secure credit from lenders because of his debt-laden financial history. However, Deutsche Bank for the best part of two decades continued to lend money to Trump for his business projects when others would not, to the tune of $2 billion, The New York Times reported.

The Deutsche-Trump relationship is now a focus of multiple investigations, including probes led by congressional committees and New York state's attorney general, amid concerns over money-laundering and fraud.

Of the financial crisis period, Sorial wrote that The Trump Organization was calm amid the turmoil, and, even though its core business was real estate, weathered the crash better than people anticipated.

"Despite the nervousness that surrounded the tumultuous crash that was dragging down global financial institutions, there was no real sense of panic among the team at The Trump Organization," Sorial wrote.

"It's quite incredible to think how calm we were, given the potential for us individually, and the organization specifically, to face fiscal ruin. We were all seasoned enough to realize, though, that no matter how big the waves, how deep the losses, and how intense the hyperbole of the media, the crash had to come to an end sometime, somehow.

"We all sat around the table and discussed the craziness of what was going on for a while, but we inevitably got back to the issues of the day and cracked on with the project at hand."

He continued: "For The Trump Organization, the crisis wasn't the impending doom that many people might have suspected or expected. As the first signs of the financial trouble that led to the subsequent devastating crash began to emerge, DJT had started to steer us in a new direction."

The Real Deal: My Decade Fighting Battles and Winning Wars With Trump is co-authored by Sorial and Damian Bates, a Scottish former newspaper editor who covered the president's controversial golf resort near to Aberdeen.

Donald Trump financial crisis arrogant SOBs
US President Donald Trump arrives to speak during the Republican Party of Iowa Annual Dinner at The Ron Pearson Center in West Des Moines, Iowa on June 11, 2019. MANDEL NGAN/AFP/Getty Images