A real estate empire with mortgage debt? Who would have guessed? It’s called a balance sheet. Assets on one side, liabilities on the other. Something Ted might know about if he had ever run a business. Dumb diversion from Ted’s “forgetting” to disclose personal loans from Goldman-Sachs and Citibank that would not have gone over well with TEA Partiers in the wake of the bailouts. And he mischaracterized taking margin loans against his stock portfolio as “liquidating family assets”. How folksie.
A real estate empire with mortgage debt? Who would have guessed? It’s called a balance sheet. Assets on one side, liabilities on the other. Something Ted might know about if he had ever run a business. Dumb diversion from Ted’s “forgetting” to disclose personal loans from Goldman-Sachs and Citibank that would not have gone over well with TEA Partiers in the wake of the bailouts. And he mischaracterized taking margin loans against his stock portfolio as “liquidating family assets”. How folksie.
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See my tagline. Adopted in memory of libbylu. Gone, but not forgotten.