SharperDingaan Posted November 3, 2020 Share Posted November 3, 2020 https://ca.reuters.com/article/businessNews/idCAKBN27J0G0 "If Trump is not in office, Deutsche Bank executives feel that it would be easier for them to demand repayment, foreclose if he is not able to pay it off or refinance, or try to sell the loans, according to two of the three bank officials. The loans, which are against Trump’s golf course in Miami, and hotels in Washington and Chicago, are such that the Trump Organization has only had to pay interest on them so far, and the entire principal is outstanding. They come due in 2023 and 2024, the filings show. The businesses backing the loans face challenges. Trump’s plan to make money by developing houses and hotels on his golf courses, including the one involving the Deutsche Bank loan, had not panned out so far." Hard to imagine that it will change if the pending lawsuits do not remain stayed. And this is before tomorrows news headlines if trump loses tonight. YOU'RE FIRED! ? SD Quote Link to comment Share on other sites More sharing options...
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