The Soapbox

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Joined: 08/31/2001 Posts: 31759
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Remember, Trrump defaulted on about $1bn in junk bonds issued ...


by Deutshe Bank. His roadshow was a joke. Their salesmen were begging their best clients to buy his deals. Deutshe's prop desk ate a ton of paper on one deal on the insistence of their German executives.

Deutshe probably has more information than his tax returns. Trump does not want a discrepancy there. Furthermore, after Trump defaults on his Deutshe loans, he has enough cashflow to keep his other leveraged assets afloat when even the bigger NYC real estate developers were struggling? He better hope his reported cashflow matches his taxes.

(In response to this post by HoosWillWin)

Posted: 10/16/2019 at 10:51AM



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