Bank Determined Trump Wasn’t a Billionaire

[applegrove]

Bank Determined Trump Wasn’t a Billionaire

https://politicalwire.com/2016/08/02/bank-determined-trump-wasnt-a-billionaire/

"SNIP............


Newsweek: “In that 2007 deposition, Trump said he based estimates of his net worth at times on ‘psychology’ and ‘my own feelings.’ But those feelings are often wrong—in 2004, he presented unaudited financials to Deutsche Bank while seeking a loan, claiming he was worth $3.5 billion. The bank concluded Trump was, to say the least, puffing; it put his net worth at $788 million, records show.”

The kicker: “Trump personally guaranteed $40 million of the loan to his company, so Deutsche coughed up the money. He later defaulted on that commitment.”


............SNIP"

[MFM008]

1. 10 billion.....................

[Skid Rogue]

2. Release your taxes, Mr Trump.

What kind of billionaire does embarrassing infomercials for fake universities? That just smells of desperation.

[tblue37]

3. That is precisely the point Mark Cuban made in an interview. nt

[renate]

4. OMG. "psychology" and "my own feelings"

It's hilarious that he (presumably with a straight face) presents his own feelings as being as good as facts.

I'm genuinely puzzled by people who are not only unembarrassed to say they're voting for him but are actually proud of it. I guess they're just no more rational or reality-based than he is.