NPR News: Trump’s Financial Documents Reveal Hundreds Of Millions Owed To Lenders

Trump’s Financial Documents Reveal Hundreds Of Millions Owed To Lenders
As a young man, Trump’s father co-signed his loans. Once he became famous, banks rushed to lend him money. But they became skeptical about Trump following his many bankruptcies. So his main lenders became Deutsche Bank and Ladder Capital, but both securitize his debt to spread the risk.

Read more on NPR

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s