Who does Trump owe money?

[DMC]

He is the guarantor, because the debt is almost certainly held by an LLC/Inc that he owns actually borrowed the money. Fine distinction. It is his debt ultimately.

Absent such a guarantee, the en y loaning the money would have no recourse to go after him, and would be limited to going after the debt of the LLC/Inc.

You trying to flex economics on Will is amusing

[Winehole23]

I'm by no means in the business of defending Trump, but the $400 million of debt is NOT abnormal. They're simply real estate loans he's personally guaranteed. He's not the borrower, he's the guarantor.

I'd like to know why he personally guaranteed them and if there are any other guarantors, but the mere fact a real estate investor has personally guaranteed a lot of his portfolio's debt could be totally benign.

The rules around the presidency simply don't account for a guy with such a complex portfolio of assets and liabilities, so there isn't a robust process around thoroughly vetting who Trump owes money to.

Trump on the up and up?

That's hilarious.

[RandomGuy]

You trying to flex economics on Will is amusing

He asked why I provided an educated guess. Not flexing on him.

Who do you think Trump owes hundreds of millions of dollars to?

[boutons_deux]

Buried in Trump's taxes, what's going on at his golf resorts makes no sense ... unless it's a lie

Trump then took this injection of cash and spent it on high-end golf resorts and vacation properties—

an investment that is extremely shaky under the best of cir stances.

The financial reports from those clubs show just what might be expected:

Trump is losing money in Scotland.

He’s losing money in Florida.

He’s even losing money at Mar-a-Lago.

something even more peculiar has happened.

As these properties have been consistently bleeding cash,

Trump has been reporting that their worth is skyrocketing.

Then he has used these ever increasing valuations to borrow still more money.

And he borrowed that money from himself … or so he claims.

this process has been going on for years.

Trump reports a loss, inflates the value, and borrows money.

Strangest of all, in many cases Trump reports that he sometimes fills every role in this little play:

He’s the stockholder losing cash,

he’s the property owner reporting a growing investment,

he’s the borrower accepting a loan, and

he’s the lender forking over the money.

And in many years, he supposedly

takes that money and

invests it into the same property he just “borrowed” from.

https://www.dailykos.com/stories/202...ess-it-s-a-lie

Lying to creditors about the property value being high

and

lying to property tax authorities as the value be low

[boutons_deux]

Trump wealth order probe urged over Scottish golf resorts

Scotland's first minister has been urged to use unexplained wealth orders to investigate how Donald Trump paid for his Scottish golf resorts.

Scottish Greens co-leader Patrick Harvie said the US Congress had heard concerns about possible money laundering involving some of the president's business deals.
He claimed there were "big questions" over Mr Trump's dealings in Scotland.

What is an unexplained wealth order?

An unexplained wealth order (UWO) is a type of

order issued by a UK court to compel someone to reveal the sources of their unexplained wealth.

It was introduced to target suspected corrupt foreign officials who have potentially laundered stolen money through the UK.

Speaking in the Scottish Parliament on Thursday, Mr Harvie said the purchase of Menie and the Turnberry golf resort were part of

Mr Trump's "huge cash spending spree in the midst of a global financial crisis".

Mr Harvie said that the House of Representatives had heard testimony which stated:

"We saw patterns of buying and selling that we thought were suggestive of money laundering"

- with particular concern expressed about Mr Trump's golf courses in Scotland and Ireland.

https://www.bbc.com/news/uk-scotland...itics-51666413

[Bogie]

To answer your curiosity:

Nothing you generally say interests me. You are boring as leftover oatmeal. A small dead bug on the sidewalk. The sound of drying paint.

What interests me is how you can rationalize having a president who gives more s about putting the interests of the people he owes money to over your own or our own collective interests.

Joey cares as much about this as he does racism and phobia. Not at all.

now his drugs, that he cares about.

[koriwhat]

Joey cares as much about this as he does racism and phobia. Not at all.

now his drugs, that he cares about.

with every post you come across more bitter and pathetic. you don't even know me personally so why concern yourself with me? it's because you're pathetic and it's glaringly obvious.

[clambake]

So, daddy gives you 400M and you turn it into a 1.4B dollar lose.

Yeah he’s a great businessman lol

[DMC]

He asked why I provided an educated guess. Not flexing on him.

Who do you think Trump owes hundreds of millions of dollars to?

Probably Satan

[RandomGuy]

Probably Satan

Funny answer. Props.

Not a serious one though. Who holds the president's purse strings would seem to be a serious question in need of a serious answer.

Who do you really think holds the debt?

[RandomGuy]

But you are fine with Trump doing it. Biden doing that is bad, but Trump ting on us is ok.

with every post you come across more bitter and pathetic. you don't even know me personally so why concern yourself with me? it's because you're pathetic and it's glaringly obvious.

So you have a problem with Biden being corrupt and letting other countries on the US, but if Trump lets the people he owes money to do the same that is ok with you?

[DMC]

Funny answer. Props.

Not a serious one though. Who holds the president's purse strings would seem to be a serious question in need of a serious answer.

Who do you really think holds the debt?

Since you dismissed the greatest economical mind in this century with the wave of the virtual hand, I see no reason to continue down this path of non-discovery with you.

[DMC]

Trump on the up and up?

That's hilarious.

And you couldn't find the point with a in' divining rod and GPS.

Nowhere in that post you quoted did it say Trump was on the up and up.

[DMC]

So, daddy gives you 400M and you turn it into a 1.4B dollar lose.

Yeah he’s a great businessman lol

Best thing that could have happened for this country.

[RandomGuy]

Since you dismissed the greatest economical mind in this century with the wave of the virtual hand, I see no reason to continue down this path of non-discovery with you.

Suuuuure, that's why you won't answer the question. Pretty convenient that.

I suspect you know who is holding his debt, but wont' admit it.

That is funny.

[koriwhat]

So you have a problem with Biden being corrupt and letting other countries on the US, but if Trump lets the people he owes money to do the same that is ok with you?

thought you had me on ignore?

as well i don't see them crocodile tears for biden's blatant corruption and colluding. hmm...

[koriwhat]

Suuuuure, that's why you won't answer the question. Pretty convenient that.

I suspect you know who is holding his debt, but wont' admit it.

That is funny.

maybe he owes hunter just like russia & china?

[ChumpDumper]

Best thing that could have happened for this country.

Why?

[hater]

new line of attack by deep state. Trump is most vulnerable president ever because he has debts

So somehow some rich guy with debts is more vulberable than a poor guy w no debt

dat logic

[RandomGuy]

maybe he owes hunter just like russia & china?

See now you are just being boring again. (shrugs) I know you want to make me mad or whatever, but you just can't. You are really too evil and, frankly, moronic for me to be anything more than occasionally mildly curious about.

Back to not giving a about what you say.

[koriwhat]

See now you are just being boring again. (shrugs) I know you want to make me mad or whatever, but you just can't. You are really too evil and, frankly, moronic for me to be anything more than occasionally mildly curious about.

Back to not giving a about what you say.

lol you thinking i'm trying to make you mad. give yourself a hug you big baby. put me back on ignore please!

[Winehole23]

And you couldn't find the point with a in' divining rod and GPS.

Nowhere in that post you quoted did it say Trump was on the up and up.

The disclaimer was a tell, you seem to have accepted Will H's ascription of bona fides to Trump at face value, I don't really see how it makes me clueless if i read that another way.

Did you have a point, or are you just gnawing an ankle?

[DMC]

The disclaimer was a tell, you seem to have accepted Will H's ascription of bona fides to Trump at face value, I don't really see how it makes me clueless if i read that another way.

Did you have a point, or are you just gnawing an ankle?

A tell? What, you're now Phil Ivey of the spurs talk forum?

[DMC]

Why?

Ask clambake it was his statement.

[boutons_deux]

Trump owes mostly to criminal money-launderer Deutsche Bank (Pootin's laundered $100Ms) and Ladder Capital