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To: TexasGator

That’s an interesting article. They work fairly hard to make unclear what part of the money owed was principal, accumulated interest, or projected interest. They also seem to be playing loose with how long the extra time was, and include the time dueling lawsuits were going on as part of the “years of extra time”.

“When the loans were due in 2008, the Trump International Hotel & Tower was still unfinished. Deutsche Bank initially granted Trump a six-week extension to repay the money, according to the report.”

It is BI, though, so not really surprising.


25 posted on 04/30/2024 1:44:13 PM PDT by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: lepton

“They work fairly hard to make unclear “

They worked very little to put out just an overview.

Details: https://www.nytimes.com/2020/10/27/business/trump-chicago-taxes.html


37 posted on 04/30/2024 3:11:12 PM PDT by TexasGator
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