NEW: It's the world's most expensive "peanut" –– @realDonaldTrump and his companies owe more than $620 million, according to a @nytimes tally from his federal tax returns.
Most, as you know, is owed to @DeutscheBank. with @russbuettner @susannecraig nytimes.com/2020/10/16/us/…
Most, as you know, is owed to @DeutscheBank. with @russbuettner @susannecraig nytimes.com/2020/10/16/us/…
Of that $620M+, Trump personally guaranteed $421M.
That means, if he were to default, a foreign institution –– @DeutscheBank –– could come after the president's personal assets.
(The other $200M+ is not personally guaranteed.)
That means, if he were to default, a foreign institution –– @DeutscheBank –– could come after the president's personal assets.
(The other $200M+ is not personally guaranteed.)
Before you deluge me with comments about how the Russians actually lent/guaranteed this money, there is nothing in his loan documents to support this.
At least with Deutsche, Trump is the only one who signed or guaranteed the loans. And Deutsche still holds the debt.
At least with Deutsche, Trump is the only one who signed or guaranteed the loans. And Deutsche still holds the debt.
If you're wondering why the @nytimes tally of Trump's debt is lower than Forbes's $1 billion figure, it's because we didn't count the debt on the two big properties where Trump is a minority partner.
Here's why:
Here's why:
It’s been a long week for me and Milkshake.
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