Posted on 04/28/2020 11:59:10 AM PDT by Kaslin
Politico essentially retracted the entirety of an article published last week reporting that President Donald Trump owed tens of millions to the Bank of China from a real estate deal brokered with the Trump Organization in 2012.
Politico reported the borrowed funds were scheduled to be paid back by 2022 in the piece headlined, “Trump owes tens of millions to the Bank of China – and the loan is due soon.”
Trump’s “tens of millons” in debt held by the bank however, is non-existent, and was sold off by the China-owned financial institution shortly after the deal. Even worse, Politico admitted their reporters never reached out to the bank to inquire about the loans.
“Politico received a statement from a representative for Bank of China USA, which had not been contacted beforehand, that the bank had sold off, or securitized, its debt shortly after the 2012 deal.” Politico wrote in an editor’s note. “A spokeswoman said the bank has no current financial interest in any Trump Organization properties.”
Politico had first changed the article headline to “Trump owed tens of millions to the Bank of China,” before acknowledging that an unresolved discrepancy remained in records with Wells Fargo and the New York Department of Finance identifying the Bank of China as holding interest in the Manhattan building.
“Politico attempted to reach other parties to the refinancing throughout the weekend and Monday,” the editors wrote. “Consequently, the story was updated a second time on Monday evening to take account of the apparent mistake in the public record.”
First in: ORIGINAL FAKE NEWS FROM POLITICO.
No mistake
Yeah, just a mistake in reporting. Could happen anytime on accident.
Politico. Now edited by Emily Litella.
Use your favorite search engine to search trump china bank
The disappearing story doesn’t appear, just the false one.
Mission accomplished.
Pathetico.
“Yeah, just a mistake in reporting. Could happen anytime on accident.”
There was a time when people were fired from jobs for making a mistake of this magnitude.
If there were journalistic standards of any kind these reporters would be seeking new employment. Since there are no standards, and the media is completely politicized, it is a “mistake”.
Reporters doing this kind of stuff is basically treason at this point.
The only mistake was getting caught before the propaganda was published
Fake news and they claim there is no gotcha agenda at play.
Only after they issued 2 corrections in the dead of night (like minutes before 12 midnight type sh*t).
GG Idiots.
Smug liars. Political = dishonesty and drivel.
It would be a good thing for the nation if they were arrested, went to trial and were found guilty of treason. Especially good would be for those convicted to be publicly hanged on the WDC mall
Once upon a time (note the connection to fairy tales?) you could tell a reputable newspaper / magazine by the fact that they had a ‘correction page’ or column and employed one or more(!) *copy editor(s)*! Wikipedia has this for “Copy Editor”; “Copy editing (also copyediting) is the process of revising written material to improve readability and fitness for its purpose, as well as ensuring that it is free of grammatical and *factual errors*.”
Was that cranky elder at Politico out that day or did he go to lunch years ago and no one noticed? My assumption is the latter and applies to almost all MSM outlets.
The leaks are real.
The news is fake.
President Trump just reeled in another leech from the deep state swamp
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