General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLike I said here 3 yrs ago, Rump owes Putin etal russian oligarchs 3 billion
and it is backed by Deutsche Bank or other banks somewhere, and he owes this because every single dollar he has ever had his hands on he loses.
He is the stupidest and most unsuccessful businessperson in history, per the IRS and anything he owns is losing money.
So he borrows from murderous dictators who use him to launder money and now to destroy the world.
He also wants to have a hotel built in Moscow, but gotta remember rump knows NOTHING about hotels, building them, running them, etc. NOTHING...so Putin probably doesnt want to be bothered with that and is just playing him along on that one.
vrguy
(235 posts)Wish me luck in getting it to trend.
Thunderbeast
(3,383 posts)to a Russian mobster trying to launder rubles.
GemDigger
(4,305 posts)Our secrets are more important to Putin than money and Don thinks he is cool by blabbing his mouth off and getting rid of his debt.
Kid Berwyn
(14,651 posts)But, yeah. He knows nothing about hotels, golf, casinos or making money.
Trump is a moron fixated by fabric swatches.
Trump, the billion-dollar loser I was his ghostwriter and saw it happen
Charles Leerhson
Yahoo.com, May 9, 2019
EXCERPT...
I tend to see my time with him the first part of it, anyway, before things started going bad in a hurry as his King Midas period. I never said this to him; if I had, he probably would have thought I was suggesting he enter the muffler business. But there was a stretch of months when everything he touched turned into a deal. The banks seemed to accept the version of him depicted in his first book, The Art of the Deal, which we now know from his previous ghostwriter, Tony Schwartz, was entirely invented. They believed it over what they saw on his balance sheets or heard coming out of his mouth, and they never said no to his requests for more money. Often they came up with things he could say yes to before he could think of them himself. As a result, a failing real estate developer who had little idea of what he was doing and less interest in doing it once hed held the all-important press conference wound up owning three New Jersey hotel-casinos, the Plaza Hotel, the Eastern Airlines Shuttle and a 281-foot yacht.
A real go-getter, right? But Trumps portfolio did not jibe with what I saw each day which to a surprisingly large extent was him looking at fabric swatches. Indeed, flipping through fabric swatches seemed at times to be his main occupation. Some days he would do it for hours, then take me in what he always called his French military helicopter to Atlantic City where he looked at more fabric swatches or sometimes small samples of wood paneling. It was true that the carpets and drapes at his properties needed to be refreshed frequently, and the seats on the renamed Trump Shuttle required occasional reupholstering. But the main thing about fabric swatches was that they were within his comfort zone whereas, for example, the management of hotels and airlines clearly wasnt. One of his aides once told me that every room at the Plaza could be filled at the rack rate (list price) every night, and the revenue still wouldnt cover the monthly payment of the loan hed taken out to buy the place. In other words, hed made a ridiculous deal. Neither he nor the banks had done the math beforehand. Or perhaps Trump knew it because someone had told him, but didnt want to think about it. The one thing he is above-average at is compartmentalization.
Source:
https://news.yahoo.com/trump-the-billiondollar-loser-his-ghostwriter-recalls-the-king-midas-years-090000640.html
And the unstable Moron cant find a book if hes in a library.
Yavin4
(35,357 posts)Deutsche Bank is keeping him afloat because if he goes down, they go down with him,
empedocles
(15,751 posts)'Timeline of investigations into Donald Trump and Russia (20202021)
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This is a timeline of events in 2020 and 2021 related to investigations into links between associates of Donald Trump and Russian officials that are suspected of being inappropriate, relating to the Russian interference in the 2016 United States elections. It follows the timeline of Russian interference in the 2016 United States elections, both before and after July 2016, until November 8, 2016 election day, the transition, the first and second halves of 2017, the first and second halves of 2018, and 2019.
These events are related to, but distinct from, Russian interference in the 2020 United States elections . . . . . . '
kimbutgar
(20,882 posts)Those Russian Oligarchs. He is skimming money from the treasury with markup and no bids contracts. Hell walk away not owing any money to the Russians when he finally gets booted out.
We taxpayers will end up bailing him out.
Wellstone ruled
(34,661 posts)on the Black Sea? And it was Adjacent to one of Putin's Palaces.
Noticed a couple weeks back,Trump Companies filed amended Property Values to Ladder Capital(Deuche Bank) of New York,in lieu of 75 million line of Credit for ongoing operations. The Credit line may have been more,it was on the Bloomberg over night European Market program. Never saw the story after wards..
Eliot Rosewater
(31,097 posts)guy, especially if their guy promises to EXECUTE Women for having abortions.
Sogo
(4,967 posts)The pandemic bailout money for businesses was half a trillion, and Trump and Mnuchin won't say where it's gone. You KNOW Trump has pocketed billions of it. Unfortunately for Donald, however, that doesn't loosen Vlad's grip on him. Vlad can squash him like the cockroach that he is at any time, and Donald knows it....(Remember how Donald said he likes to eat from fast food joints because there's less chance of being poisoned.....who is it that poisons his enemies?).
onethatcares
(16,133 posts)took out a payday loan from vlad and had no idea what he was getting into. Interest rate is now 156% renewable weekly.
UTUSN
(70,497 posts)sunonmars
(8,656 posts)He owns nothing!!!
Mike 03
(16,616 posts)For more information on this, check out Craig Unger's book House of Trump, House of Putin. And it's also probably covered in the new book about Trump and Deutsche Bank, Dark Towers.