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(Flashback: 2008) Deutsche Bank sues Trump over hotel loan
Chicago Tribune ^ | December 01, 2008 | Mary Ellen Podmolik

Posted on 01/17/2016 10:46:44 AM PST by justlittleoleme

click here to read article


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To: jmaroneps37

The Trump you see today is the same Trump that was back then, only difference is, he has gotten older.


21 posted on 01/17/2016 11:22:12 AM PST by justlittleoleme (Cruz or Lose. Trump is a progressive populist liberal.)
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To: justlittleoleme; TornadoAlley3

So did Trump win? He did get the German bank to back off - right? According to TornadoAlley3, Trump did increase his leverage or his position against the bank. Trump sounds like the guy we need in the White House to do our bidding.


22 posted on 01/17/2016 11:22:50 AM PST by Red Steel
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To: aMorePerfectUnion

The Cruz ship has run aground, and the crew is getting desperate!


23 posted on 01/17/2016 11:25:15 AM PST by vox humana
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To: Red Steel

Trump paid them off to settle the suit. He knew he stood to lose millions...


24 posted on 01/17/2016 11:26:07 AM PST by tallyhoe
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To: justlittleoleme

Looks like Deutsche is attempting to insert itself into our presidential campaign. Might they have unseen ties to the Bushes? Just asking.

They should be careful what they insert, and where they insert it. They COULD get it chopped off.


25 posted on 01/17/2016 11:27:28 AM PST by Tucker39 (Welcome to America! Now speak English; and keep to the right....In driving, in Faith, and politics.)
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To: tallyhoe

Then Trump cut his business loses. That’s good.


26 posted on 01/17/2016 11:27:31 AM PST by Red Steel
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To: Red Steel

Read this little story!!!

http://minutemennews.com/glenn-becks-gotcha-on-donald-trump/


27 posted on 01/17/2016 11:27:59 AM PST by tallyhoe
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To: CrosscutSaw
In a related matter to how Trump handles finances...

In 1992, Trump filed for Chapter 11 bankruptcy on his Trump Plaza Hotel in Atlantic City. At this time, Trump owed $550 million on the Trump Plaza Hotel. As part of the restructuring, Trump gave Citibank a 49% interest in the hotel. He was given a lenient repayment plan. Trump was able to stay on as CEO but he had to give up his salary.

http://thelawdictionary.org/article/how-is-donald-trump-able-to-file-for-bankruptcy-so-many-times/

So I guess you could say he is owned by Citibank as well.

28 posted on 01/17/2016 11:30:52 AM PST by justlittleoleme (Cruz or Lose. Trump is a progressive populist liberal.)
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To: Red Steel

He sued for $3 Billion. The Art of the Deal sez you start by demanding 3 times what you actually want and expect. Worth keeping an eye on it.


29 posted on 01/17/2016 11:33:19 AM PST by Tucker39 (Welcome to America! Now speak English; and keep to the right....In driving, in Faith, and politics.)
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To: justlittleoleme

Business is messy in a way that the average person does not comprehend. Attacking Trump for this type of activity is similar to attacking Dr. Ben Carson because he drew a lot of blood in the operating room, and doubtless lost some patients.

I just can’t resist saying: Grow up people!


30 posted on 01/17/2016 11:33:44 AM PST by Disestablishmentarian
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To: Red Steel

According to his financial disclosure of July 2015:

a term loan from Deutsche Bank Trust Company Americas was made in the range of $25 million to $50 million, the report said. The note has a variable interest rate and matures in 2024.

Sounds like Donald negotiated with them regarding the Trump International Hotel and Tower.

BTW, condo sales at that property generated 43 million dollars.


31 posted on 01/17/2016 11:33:56 AM PST by sockmonkey (Of course I didn't read the article. After all, this is Free Republic.)
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To: tallyhoe

Beck should know that Trump is on record endorsing McCain/Palin in 2008.

I suppose mystic Glennie Beck floated back through time in an out of body experience to witness Trump marking the ballot card for Obama.


32 posted on 01/17/2016 11:38:27 AM PST by Red Steel
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To: Red Steel

Quoth Winston Churchill:

“A lie gets halfway around the world before the truth has a chance to get its pants on.”


33 posted on 01/17/2016 11:53:37 AM PST by Fresh Wind (Falcon 105)
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To: Red Steel

The two sides reached an agreement and in 8/10, the loan was extended for 5 years.


34 posted on 01/17/2016 12:42:47 PM PST by TornadoAlley3 (I like Trump and Cruz. Leave me the heck alone.)
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To: Red Steel

He voted for Zero in 2008...

As to the Tweet Mr Trump said I always vote for the Winner Congratulations Obama my friend!!!


35 posted on 01/17/2016 1:36:37 PM PST by tallyhoe
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To: tallyhoe

That Tweet is a fake.

“Desperate Liar - Glenn Beck Sends Followers Fake Trump Tweet - Conservative Tree House ^ | January 16, 2016 | by sundance “

http://www.freerepublic.com/focus/f-news/3384623/posts


36 posted on 01/17/2016 1:40:40 PM PST by Red Steel
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To: Red Steel

I have to apologize I thought it was real Beck Apologized too!!!


37 posted on 01/17/2016 2:01:25 PM PST by tallyhoe
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To: tallyhoe

Article just posted.

“Glenn Beck apologizes to Trump
Bizpac Review ^ | January 17, 2016 | Michael Dorstewitz “

http://www.freerepublic.com/focus/f-news/3384937/posts


38 posted on 01/17/2016 2:03:40 PM PST by Red Steel
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To: Red Steel

I have to apologize I thought it was real Beck Apologized too!!!


39 posted on 01/17/2016 2:05:45 PM PST by tallyhoe
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