You can't borrow against an LLC/asset without telling the bank exactly who your partners are & exactly what your debt is.
One manages the day to day biz, the others can be used to hide the real investors. If there are no loans, there need be no disclosure what partners or debts exist.
Why lie?
What is unusual is that Trump keeps the whole mess on his personal income tax return as personal asset LLC's.
scribd.com/doc/272297762/…
Unless Donald has secret partners.
If he has no partners, he can borrow from banks for the LLC, and those are heavy in debt.
But he's afraid to lie on a bank loan.
He knows that's go to jail territory.
So all that cash Eric & Don Jr admitted came from Russians, that likely was funneled into his cash only secret Delaware LLC's ...
Does anyone actually believe Trump all of a sudden changed his crazy debt ways after decades?
Does anyone believe Trump started sinking all his cash into golf courses, which notoriously lose money & can be really hard to sell?
If the business is 100% cash owned by Donald, it's a huge red flag.
Donald has secret debts or secret partners.
The only question is, who is on the other end pulling Trump Puppets strings.