Citibank, in particular, played a major role in one of the Trumpâs organizationâs 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.
There is essentially not a major Wall Street entity that Donald Trump or his companies have not taken out loans from or received financing from. In fact, thatâs more or less his entire business model. This lengthy ABC piece details how each and every one of them has at one time been circling Trump or his companies as they have been left holding the bag for all or part of loans he took out from them.
Citation: http://www.redstate.com/2016/01/21/know-else-received-loans-citibank-goldman-sachs-donald-trump/
Citing DeadTedState.Com.
That’s telling.
Why don’t you just man up and admit that you’re a stealth #nevertrumper?
Here is a better article for you to read, better than any other of late. Read it, think about it, then let me know what you think. Thanks: http://townhall.com/columnists/mikegallagher/2016/06/22/nevertrump-needs-a-name-change-n2181901?utm_source=thdaily&utm_medium=email&utm_campaign=nl&newsletterad
Goldman Sachs is heavily in the business of loaning money on large commercial real estate projects, especially in the 50-500, million dollar range. It’s what they do, you dishonest IDIOT !!
“There is essentially not a major Wall Street entity that Donald Trump or his companies have not taken out loans from or received financing from”
LOL.....this is all Trump has done for a living for the past 35 years, you IDIOT !
By the way, Citibak took a 49% interest in the Trump casino because Trump OFFERED it to them, rather than burn Citibank in a bankruptcy. They were very happy Trump offered it, and STILL loan him money on other projects to this day, you dishonest, and IGNORANT IDIOT !
Go away....you smell bad !