excerpt:
“...and more than $3 billion in loans — $900 million of which were personally guaranteed — went into default. Dozens of banks came calling ...There, some 50 bankers and lawyers watched Mr. Trump sign over nearly all of his properties — the Plaza, other buildings, the shuttle, the yacht, the jet — in exchange for more favorable terms on his personal guarantees.”
Well sure. But Ted Cruz did the wrong paperwork when he disclosed his $1.2 million loan with Goldman-Sachs and Citibank, so there!
If you owe a bank a million, they own you. If you owe a bank a billion, you own them.