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Know Who Else Has Received Loans from Citibank and Goldman Sachs? Donald Trump.
RedState ^
| January 21st, 2016
| Leon H. Wolf
Posted on 01/21/2016 5:27:24 PM PST by DrewsDad
Citibank, in particular, played a major role in one of the Trump’s organization’s more notorious bankruptcies, when the Trump Plaza Hotel in Atlantic City was underwater and Trump owed over $550 million on it to various creditors, with Citibank at the head. In order to restructure his debt, Trump gave Citibank and other creditors a 49% ownership interest in the hotel.
As for Goldman Sachs, Trump is himself a shareholder in Goldman Sachs, which means he has a direct financial interest in its success. One would think that would make Trump even less enthusiastic about protecting me from Goldman Sachs (whatever that means) than Cruz would.
TOPICS: Front Page News; Politics/Elections; US: New York
KEYWORDS: 1stcanadiansenator; chumps4trump; cruz; hypocrit; hypocrite; illogical; pdsandtds; projection; putinistas4trump; trump; trump4soros; trumpiscorrupt; usefulidiots4trump
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Hypocrisy, thy name is Trump.
1
posted on
01/21/2016 5:27:24 PM PST
by
DrewsDad
To: DrewsDad
Trump didn’t forget to claim it on a required FEC form.
2
posted on
01/21/2016 5:29:06 PM PST
by
PJBankard
(It is the spirit of the men who leads that gains the victory. - Gen. George Patton)
To: DrewsDad
Trump did not get a loan for his campaign - big difference
3
posted on
01/21/2016 5:29:21 PM PST
by
Fai Mao
(Just a tropical gardiner chatting with friends)
To: DrewsDad
There’s a difference between taking a business loan for a hotel from a large bank and taking a large campaign contribution because your wife works there.
4
posted on
01/21/2016 5:30:28 PM PST
by
Cicero
(Marcus Tullius)
To: DrewsDad
Apples - Oranges.....
The failure to disclose broke the narrative of the 2012 campaign.
5
posted on
01/21/2016 5:30:54 PM PST
by
The Iceman Cometh
(Trumpbots Vs. Cruznadians - the struggle is real.)
To: PJBankard
Yes, Trump does not have any campaign connected loans.
6
posted on
01/21/2016 5:31:28 PM PST
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: DrewsDad
Trump is owned by Citibank and Goldman Sachs...he didn’t reveal this to voters which is worse than hitlery’s emails!!!!
7
posted on
01/21/2016 5:31:45 PM PST
by
RginTN
(Donald J Trump- why would the people of Ky want a rookie senator when they have Sen Mitch Mcconnell)
To: DrewsDad
Did Trump lie about it on a federal document?
8
posted on
01/21/2016 5:31:59 PM PST
by
BobL
(Who cares? He's going to build a wall and stop this invasion.)
To: DrewsDad
To: Fai Mao
Cruz borrowed against his own investments and actually paid it back instead of declaring bankruptcy - big difference
10
posted on
01/21/2016 5:32:25 PM PST
by
DrewsDad
(Choose Cruz - The Consistent Constitutional Conservative)
To: DrewsDad
Oh Noes! Trump is done!
11
posted on
01/21/2016 5:32:27 PM PST
by
SubMareener
(Save us from Quarterly Freepathons! Become a MONTHLY DONOR!)
To: DrewsDad
That’s not hypocrisy. Jeesh!
To: DrewsDad
A lot of people get loans. A lot of people get loans who are not running for any office.
Failure to report those loans to the FEC is the problem when the loans are used for a campaign.
Redstate is very desperate.
13
posted on
01/21/2016 5:32:47 PM PST
by
dforest
To: Cicero
taking a large campaign contribution because your wife works there. Curious what you base that statement on. Are you saying the loan Cruz took out on the stock he owned was actually a campaign contribution from Goldman Sachs? Because if Cruz did get a contribution from Goldman Sachs that would be illegal because corporations can't directly donate to political candidates.
To: RginTN
A shareholder in Goldman Sachs?
Trump must be part of some global conspiracy now.
15
posted on
01/21/2016 5:34:14 PM PST
by
DrewsDad
(Choose Cruz - The Consistent Constitutional Conservative)
To: DrewsDad
Giving the bank 49% of the property isn’t borrowing against investments?
Trump has never hidden the problem or the loan.
Find another large real estate developer that hasn’t borrowed money from GS.
16
posted on
01/21/2016 5:34:52 PM PST
by
Fai Mao
(Just a tropical gardiner chatting with friends)
To: Cicero
There’s a difference between taking a business loan for a hotel from a large bank and taking a large campaign contribution because your wife works there.Campaign contribution? Are you serious?
To: DrewsDad
Their “Glorious Leader” is an inherently dishonest man.
18
posted on
01/21/2016 5:35:07 PM PST
by
cripplecreek
(Pride goes before destruction, and a haughty spirit before a fall.)
To: RginTN
Trump is owned by Citibank and Goldman Sachs...he didn’t reveal this to voters which is worse than hitlery’s emails!!!!Oh and Trump is owned by George Soros. 168 million for his Chicago tower.
To: DrewsDad
Not even remotely the same thing.
20
posted on
01/21/2016 5:36:27 PM PST
by
heights
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