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Location: By the sea, by the sea, by the beautiful sea
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Quote:
Originally Posted by WK91
The Obama, Clinton, Biden, and Pelosi families all have an incredible amount of wealth gained exclusively from government service. Foreign governments and private companies paying for their access seems to be how they accumulated their hundreds of millions. That seems to be ok with everyone even though it shouldn’t be.
But somehow, people are angry over Trump’s business dealings.
In typical liberal fashion, double standard.
Whenever the left accuses the other side of doing something, rest assured that they themselves are also doing it.
It takes two sides to make those deals and Trump & Co. was just the other side of the same coin but somehow the faithful just can't seem to understand that. I guess it's just coincidence that Daddy donated $2.5M to Harvard and little Jared was accepted there, eh?
HINT: There's never been a bribe without both a giver and a taker and they're both guilty.
Trump will lose a lot of legitimate business after this, but he can probably make up for it by building a new shadow more extreme and even dumber version of Fox News for his base to gravitate to.
now, either these authors didn't transcribe what they were told, made stuff up, or these "senior bank executives" aren't senior at ll.
1. demand repayment - so long as the loans are being paid by the terms of the loan agreement, this is likely not possible.
2. foreclose - they couldn't even begin foreclosure until the loan maturity date, and it would be a legal battle to do so. if it takes banks a year (basically) to foreclose on a non-paying individual, what do you think would be involved with a $200M commercial property?
3. seize his assets? I feel confident that if you look at his last personal financial disclosure, you should find his personal deposit accounts. Show us the $340MM he personally has on deposit with DB. Even more importantly, show us the guarantee document that says thy can simply seize his assets.
Looks to me like in order to call the note before maturity Deutsche bank would need to prove fraud.
Looks to me like in order to call the note before maturity Deutsche bank would need to prove fraud.
Ya think? Why do you think they are cooperating with the state.
And for the record, I don't think the bank just wants to cut ties, I think they want to go to war to get their money back.
Of course Deutsche bank would like to cut ties with Trump. At this point, he has no visible means of support after January 2021.
His "wealth" consists of high overhead, money-losing properties.
Last I read, the only properties he owns that are making money are the ones that he visits regularly. But you got a wonder how many people are going to pay to have access to him at Mar-a-Lago or that DC hotel after January.
Perhaps NBC will hire him to fire Gary Busby types. Who knows?
Perhaps he could take over Limbaugh's gig. We'll see if he has the oomph for that.
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