On the campaign trail, Donald J. Trump, the Republican presidential nominee, has sold himself as a businessman who has made billions of dollars and is beholden to no one.
But an investigation by The New York Times into the financial maze of Mr. Trump’s real estate holdings in the United States reveals that companies he owns have at least $650 million in debt — twice the amount than can be gleaned from public filings he has made as part of his bid for the White House. The Times’s inquiry also found that Mr. Trump’s fortunes depend deeply on a wide array of financial backers, including one he has cited in attacks during his campaign.
For example, an office building on Avenue of the Americas in Manhattan, of which Mr. Trump is part owner, carries a $950 million loan. Among the lenders: the Bank of China, one of the largest banks in a country that Mr. Trump has railed against as an economic foe of the United States, and Goldman Sachs, a financial institution he has said controls Hillary Clinton, the Democratic nominee, after it paid her $675,000 in speaking fees.
Off topic subject, but Donald Trump proudly and publicly proclaims his Zionism.
Are you mentally retarded?
Matthew Williams
Hahahahaha. I remember that from last year. You'll never correct the record with stale propaganda like that, OP.
Eli Mitchell
You're mentally retarded though lol
Charles Thomas
She's going to jail. Sorry, kiddo.
Sebastian Lee
1. Most of Trumps loans are actually from Doichbank or however the fuck you spell it. They do business with Iran and Syria lol.
2. Trump is calling their bluff in a way because his businesses go under they are the ones left paying the tab not him.
3. Trump is no friend of China
4. Yes Trump seems to be a Jewish pawn but at least he is a Jewish pawn that semi project Holla Forums values and will fuck over the Chinese and Mexicans
Cooper Baker
So what is the implication here? That they control him? Whats that saying? "If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." At worst he will shake up the banking industry and BTFO his jewish bankers, wiping out any of his debt he can, win-win tbqh.
Chase Bell
No one fell for it when you said it 8 months ago. No one's going to fall for it now.
Cameron Ward
The property is worth far more than the loans, and serves as collateral. Those loans are being paid by the people leasing or renting space in the buildings. Trump's critics invest in Trump's business ventures because he has a proven track record. They are the same people who are worried that Trump will succeed.
POOR EFFORT AT CORRECTING THE RECORD
Jackson Johnson
MBA here; nearly any non-retarded business owner will use tons of leveraged debt.
Most companies use debt to finance operations. By doing so, a company increases its leverage because it can invest in business operations without increasing its equity. For example, if a company formed with an investment of $5 million from investors, the equity in the company is $5 million - this is the money the company uses to operate. If the company uses debt financing by borrowing $20 million, the company now has $25 million to invest in business operations and more opportunity to increase value for shareholders.
Leverage helps both the investor and the firm to invest or operate.
It's almost like he works in real estate and is good at his job or something.
Aiden Miller
Hello Correct The Record :^)
Justin Kelly
What's the big problem here?
Nathan Martinez
Good link, OP. This shows how groups can put pressure on him, though honestly the Bank of China is not a real problem.
We've already seen how Trump will flip for his Israeli friends, no doubt he will flip for others.
Robert James
Wow I am now convinced. Truly a a Hilldog. You accomplished your mission, faggot. Use this on your resumé.
Christopher Roberts
We're not supposed to know what loans are or how they work, lose our shit because he's "up to his Eyeballs in Debt to Jewish Controlled Wall Street Banks!!", and then start burning Trump in effigy.
Hi, OP.
Camden Rivera
Holy shit are you shills that low on ammunition? Common debt records of a known billionaire. The Guy has 4.5 billion net worth.
Low energy shill is low energy.
Adrian Nguyen
...
Daniel Green
Gee willikers Trump has debt? A real estate developer is taking out loans in order to front cash to purchase property? What the fuck. Who does that? Why doesn't he just buy all the land and supplies and pay his contractors cash out of pocket just like we all did with our properties, vehicles and business expenses?
Not immediately dumping all liquidity into business ventures rather than leveraging debt to keep his options open? Lmao what a dumbass. He's never going to become a powerful and influential developer doing dumb shit like that.
Can't tell if child who's never dealt with risk management and finance, or libshit who refuses to understand how risk management and finance works
Kayden Thompson
"Oh goy it hardly matters"
"the sky if falling! Look at these numbers! You goyim better listen to us!"
btw, correct the record, capital investment is a thing. Government debt is a major issue since they cannot pay for it because they don't generate wealth, only more debt (re: credit through taxation)
Hunter Rodriguez
Any other Canadacucks here who happened to have CTV news on? This was actually their sole portion of US election political talk; it was just about 30 seconds of summing up OPs article, and then they moved on to sports or some new shooting in the Peel Region or something.
Check em.
Leo Martin
Is that supposed to be a joke picture?
Brandon Collins
what a shocker
Mason Walker
...
Nolan Morgan
A few million in debt. Worth around ten bilion
Chase Clark
There's a lefty/pol/ raid going on
Michael Bailey
If you can call sharts raids then yes.
Impotent and ineffectual.
Thomas Bell
i wonder whose behind this post
Charles Perez
Trump isn't in debt to anybody, the businesses that are financed by mortgages and shit to build real estate owe money as is fucking normal to investors.
Jaxson Young
There's a lefty/pol/ raid going on
Luis Edwards
^This
The amount of leverage that is common practice might be something to worry about it interest rates rise in the future. They're not rising now though, so no one's panicking yet. Just remember, for all the CTR fellows and those who may yet have nagging doubts, common practice in corporate finance for firms looking to expand and eat up competition is a thing called a LEVERAGED buy-out.
Camden Price
OP it is almost as if you don't understand how business works.
Mason Taylor
It's like they don't think we know they can change ID's
Brandon Peterson
OP confirmed faggot, news at 11.
Anthony Nguyen
And what is the value of the assets associated with these properties?
Can't help but notice you left that bit out.
Gavin Hughes
just stop. your momentum has died. it's just sad at this point.
Lucas Nguyen
sage
Christian Howard
Leftists once again proving they understand nothing about economics or business.
Liam Adams
Isn't Trump also unable to disclose his tax returns because of that bogus Trump University lawsuit?
Wyatt Hernandez
Even if this is true and I don't believe it is, all this means is that he has a deep seeded personal interest in dismantling institutions of the fed and wall street. Your attempt to make him look bad only make him look better.
Levi Jones
>But an investigation by The New York Times into the financial maze of Mr. Trump’s real estate holdings in the United States reveals that companies he owns have at least $650 million in debt — twice the amount than can be gleaned from public filings he has made as part of his bid for the White House.
He declared $503 million in liabilities. Twice the amount would be $1006 million, not $650 million.
Credible source? We all know they don't like him.
Oh it's you again. Thank you for Correcting The Record !
Grayson Reyes
No one that hasn't owned their own business will ever get it.
They snark at the notion of trump's debt reflecting maybe 20% of his holdings
The country is $20 Trillion in debt and they think the Republicans are hoarding gibs
Adam Peterson
This isn't news to anyone who even remotely understands how economics work.
To all the little social media socialists though, this makes Trump out to be a fraud.
