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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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To: 5thGenTexan

Do tell more. Link?


101 posted on 01/21/2016 7:18:28 PM PST by FreeReign
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To: gg188

And your posts just proves the point: Y’all have been hapring on Cruz being “owned” by GS because Heidi works there, but when Trump has loans from GS, Citibank and Deutsche Bank it’s “oh you don’t know how businesses are run”. Well, yes, we do. In Donald’s case they are run by borrowing huge sums and then failing to pay those sums back when the economy craters. Then you just declare bankruptcy to protect your personal assets and move on.


102 posted on 01/21/2016 7:20:30 PM PST by brothers4thID ("We've had way too many Republicans whose #1 virtue is "I get along great with Democrats".")
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To: RginTN

You’ve missed the whole point.

What do Trump’s development loans - from years ago - have to do with his campaign??

I have had freaking loans from Citibank/other large banks....am I owned? LOL.

Do you own a business? Have you ever had loans for developments, etc?


103 posted on 01/21/2016 7:20:52 PM PST by Jane Long (Go Trump, go! Make America Safe Again :)
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To: kabar

If held to the same standard Cruz is, Trump shouldn’t get loans. He would then be owned by the loan maker, whether he disclosed or not. Right?


104 posted on 01/21/2016 7:23:16 PM PST by 5thGenTexan
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To: Karl Spooner

He did file FEC reports just didn’t list the loans. The Senate disclosures filed at the exact same time DID have the loans listed. Cruz has admitted this was a filing error and has sent all necessary documents to the FEC for a correction.

Oh, and Cruz paid off his loans. Trump... not so much.


105 posted on 01/21/2016 7:26:01 PM PST by brothers4thID ("We've had way too many Republicans whose #1 virtue is "I get along great with Democrats".")
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To: Karl Spooner

As with Cruz, I would say trump should consider firing his election lawyer.
It was Cruz’s first federal campaign. It’s not a stretch to think it wasn’t necessary due to the fact that it was a loan against his own assets.

Honestly, since he did file with the Senate I say no harm , no foul.


106 posted on 01/21/2016 7:26:09 PM PST by Outlaw76 (Citizens on the Bounce!)
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To: WilliamRobert
You are very brave.

Everyone here, especially Trump supporters, prides themselves on being politically incorrect. But the Big "H" comparison is, in polite circles, just too taboo, too politically incorrect, even for them.

I sympathize already for the grief and hell in posts that surely will rain (figuratively speaking) down upon you.

You are in good company here, though, FRiend, trust me when I tell you that the majority here, about 54%, either prefer Cruz and/or reject Trump (most who reject Trump are okay with Cruz). So even though Trump supporters post prolifically and aggressively, in actual fact they are (at least, according to my ongoing tally) the minority. They just puff up and make a big noise and have themselves and many others convinced that Cruz doesn't have the majority preferring him, at least among FReepers. But he does.

Kudos to your courage. I've read enough books about 1930s Germany to have had the same thoughts as you.

107 posted on 01/21/2016 7:26:34 PM PST by Finny (Voting "against" is a wish. Be ready to own what you vote for.)
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To: Jane Long
I have had freaking loans from Citibank/other large banks....am I owned? LOL.

You are according to Trump logic.

108 posted on 01/21/2016 7:26:46 PM PST by DrewsDad (Choose Cruz - The Consistent Constitutional Conservative)
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To: gg188
The Cruzs are joined at the hip with Goldman Sachs, NYC banks...

Trump runs his real estate empire as a highly leveraged group of entities. That is why the four bankruptcies - there is never much, if any, reserves. Any unforeseen setback can crumble the house of cards.

That means Trump is joined at the hips with many banks. Many more than Cruz, I wager.

109 posted on 01/21/2016 7:27:25 PM PST by 5thGenTexan
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To: libbylu

It’s no different than what was done with Obamacare.

They just keep repeating lies even though they know it’s lies.

That’s why Gruber called them stupid instead of ignorant.


110 posted on 01/21/2016 7:28:34 PM PST by IMR 4350
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To: Jane Long

Cruz’s loans were from years ago and he paid back every cent.

I’ve asked this question and haven’t gotten a response yet so I’ll ask it again, got any legislation Cruz has written that favors Citibank and Goldman Sachs? Another question, did Cruz pay off his loans? According to Cruz he did any evidence he didn’t?


111 posted on 01/21/2016 7:29:38 PM PST by RginTN (Donald J Trump- why would the people of Ky want a rookie senator when they have Sen Mitch Mcconnell)
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To: Jane Long

Sanitizing the thread up thread aways.


112 posted on 01/21/2016 7:33:25 PM PST by Karl Spooner
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To: FreeReign
Sigh. "Link?" Seems to be a keyboard shortcut for Trump supporters. Not sure where you stand, but they demand links for every point against him. I assume it is just a tactic to discourage dissent from their golden boy, either way, here is one of many easily found via any number of search tools:

http://www.fromthetrenchesworldreport.com/rico-lawsuit-filed-against-george-soros-and-donald-trump/17232

There are many others if you don't like this website. It also lists the law office that originated the complaint, though I'm not sure if they still have it online there.

113 posted on 01/21/2016 7:41:52 PM PST by 5thGenTexan
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To: jeffersondem
{^)

;^)

114 posted on 01/21/2016 7:43:12 PM PST by Finny (Voting "against" is a wish. Be ready to own what you vote for.)
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To: 5thGenTexan

Not to mention, trump is the scion of a real estate empire that will require loans while he’s in office if it’s going to continue to operate.

But hey, I like trump but his kids will need loans to build the business... A good word from the President, a deal here and there... Bad a Bing bad a boom.


115 posted on 01/21/2016 7:43:38 PM PST by Outlaw76 (Citizens on the Bounce!)
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To: DrewsDad

No, according to YOUR pretzel logic.

Trump has no issue with legit loans. Only undisclosed ones....on campaign filing papers. Trump also likely realizes that the Citibank loan was a signature loan...of which you’re not supposed to use for campaign loan...because......you cannot tell who paid the loan off (it could be a third party, etc.).

This desperate reach by the CRuzers is getting more embarrassing, by the minute.


116 posted on 01/21/2016 7:44:36 PM PST by Jane Long (Go Trump, go! Make America Safe Again :)
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To: DrewsDad

I confess, I have a Citibank credit card. Is that legal?


117 posted on 01/21/2016 7:45:20 PM PST by windsorknot
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To: windsorknot

Only if your last name is Cruz.


118 posted on 01/21/2016 7:47:55 PM PST by Outlaw76 (Citizens on the Bounce!)
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To: brothers4thID

It would seem to me that FEC reports are more open to public scrutiny then senate disclosures filed. If it was omitted on accident that’s fine, if it was done to deceive the American people, shame on Ted Cruz


119 posted on 01/21/2016 7:48:01 PM PST by mouse1
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To: Jane Long

Us Cruzers have nothing to be desperate about. I can give an entire list of what Trump has done in the past. I still find it hard to believe that Trumpsters still believe that their candidate is perfect.


120 posted on 01/21/2016 7:48:48 PM PST by MLL
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