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Old 12-18-2016, 11:14 AM
Damuri Ajashi is offline
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Join Date: Jul 2006
Posts: 20,317
Quote:
Originally Posted by dasmoocher View Post
I imagine he's into hock to some Russian lenders. Are American banks even willing to lend to him?
Trump is not afraid of his creditors, his creditors are afraid of him. And now that he's president, if he is anything near the despot in making that some people think he is, then his creditors have no fucking hold over him at all.

The banks that lend money to Trump's real estate deals do not lend money on faith. Real estate loans are usually secured and based on a pretty solid business plan. I doubt Trump has trouble raising money for a good project and like it or not, Trump's name on a project adds value. His name represents the lion's share of his wealth.