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BlueWavePsych

(2,635 posts)
Sun Oct 4, 2020, 11:56 AM Oct 2020

The Hill: Drumpf's Tax Returns. Who are Drumpf's creditors?

Unanswered questions about Trump's finances after NYT report

The Times reported that Trump is personally responsible for $421 million in loans and other debts, and that most of that money is due within the next several years.

A financial disclosure form that Trump filed earlier this year indicates that his creditors include Ladder Capital Finance and Deutsche Bank.

Steve Cash, a former CIA officer and former chief counsel to Sen. Dianne Feinstein (D-Calif.), said that even if Trump owes money to the banks listed on his financial disclosure forms, that debt could have been sold to another party after the period in which the report covers, or the debt could be guaranteed by a third party.

Cash said there are concerns that if Trump owes any money to foreign countries, or if he needs money to pay off his debt, he could take actions that are not in the best interest of the United States. “He’s susceptible to pressure,” Cash said.

https://thehill.com/policy/finance/519440-unanswered-questions-about-trumps-finances-after-nyt-report
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The Hill: Drumpf's Tax Returns. Who are Drumpf's creditors? (Original Post) BlueWavePsych Oct 2020 OP
Glad someone is still talking about this. NCDem47 Oct 2020 #1
Yes! This Covid situation is the diversion/distraction I've mentioned on other community boards... Guilded Lilly Oct 2020 #4
R.U.S.S.I.A............... ProudMNDemocrat Oct 2020 #2
K&R 2naSalit Oct 2020 #3
Common thing to sell one's debt. Wellstone ruled Oct 2020 #5
Qatar takes a very active interest in Deutsche Bank, the source/conduit of Trump's loans. Klaralven Oct 2020 #6
Good question. K&R for visibility. crickets Oct 2020 #7
K&R nt. Mean Gene Oct 2020 #8

NCDem47

(2,248 posts)
1. Glad someone is still talking about this.
Sun Oct 4, 2020, 11:59 AM
Oct 2020

Last edited Sun Oct 4, 2020, 01:13 PM - Edit history (1)

Instead of propagating staged WH photos.

Guilded Lilly

(5,591 posts)
4. Yes! This Covid situation is the diversion/distraction I've mentioned on other community boards...
Sun Oct 4, 2020, 12:12 PM
Oct 2020

that wipes out the attention that was being focused on who holds his massive debt.

I believe the Cretin has a LOT of health issues, but the timing, conflicting lies and “infomercial” style coverage leads me even more into the skeptics’ corner of questioning just exactly what plagues him.

ProudMNDemocrat

(16,783 posts)
2. R.U.S.S.I.A...............
Sun Oct 4, 2020, 12:02 PM
Oct 2020

How many Dictators have the money Vladimir Putin extorts from his Oligarch friends? Nothing or Business happens in Russia without Putin getting his cut of whatever he demands.

 

Wellstone ruled

(34,661 posts)
5. Common thing to sell one's debt.
Sun Oct 4, 2020, 12:16 PM
Oct 2020

Usually marked down by a third with any underlying asset pledges transferring in those types of deals.

 

Klaralven

(7,510 posts)
6. Qatar takes a very active interest in Deutsche Bank, the source/conduit of Trump's loans.
Sun Oct 4, 2020, 12:19 PM
Oct 2020

FRANKFURT (Reuters) - Qatari investors in Deutsche Bank (DE BKGn) want the lender's chairman to leave after he botched an attempt to appoint their envoy to the board, people familiar with the matter said.

The Qataris have been unhappy for months with Paul Achleitner’s stewardship of Germany's largest bank amid a prolonged stock slump. His failure to get Swiss banker Juerg Zeltner onto the supervisory board was a breaking point, according to six people, including top shareholders, bankers and others with direct knowledge of the matter.

Representatives of the Qatari royal family have told Deutsche management and other major investors that Achleitner, 63, should announce his departure soon, these people said.

Two Qatari entities, Paramount Services Holdings and Supreme Universal Holdings, which are each controlled by senior members of the nation's Al-Thani ruling family, have a combined stake of close to 10% in Deutsche Bank, one person familiar with the matter said, making them the bank's largest shareholder.

https://www.investing.com/news/stock-market-news/exclusive-qatar-pushes-for-deutsche-bank-chairman-to-go--sources-2004581

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