Deutsche Bank weighed extending Trump loans on default risk

[yortsed snacilbuper]

Top Deutsche Bank AG executives were so concerned after the 2016 U.S. election that the Trump Organization might default on about $340 million of loans while Donald Trump was in office that they discussed extending repayment dates until after the end of a potential second term in 2025, according to people with knowledge of the discussions.

Members of the bank’s management board, including then Chief Executive Officer John Cryan, were leery of the public relations disaster they would face if they went after the assets of a sitting president, said the people, who asked for anonymity because the discussions were private.

The bank ultimately decided against restructuring the loans to the Trump Organization, which come due in 2023 and 2024, and chose instead not to do any new business with Trump while he is president, one of the people said.

https://www.msn.com/en-us/money/companies/deutsche-bank-weighed-extending-trump-loans-on-default-risk/ar-BBTQkDA?ocid=spartanntp

Follow the money!

[TheBlackAdder]

1. Is this one of those banks that repos old lady's homes if they are pennies short on their mortgage?

[Wellstone ruled]

2. So it has happened.

The Trump Ponzi is in collapse. After the weekend stories about the Trump Company shutting down their two new Hotel Ventures because of a Cash Flow Problem,proves my point they are a total Ponzi.


When you read the stories,one line tells it all. Eric Trump claims they have a small property that still has leverage. And he tries his best to say they have debt free properties,well if you do,why will Deutche Bank not lend to you.

My guess is,Trump has been in arrears for more than a year.

[yortsed snacilbuper]

3. "Cash Flow Problems"

Music to putins ears.

[Wellstone ruled]

4. Since this story popped,

just heard some spewage from Donnie of Stupid,claims that Germany as well all EU Members are screwing the US.

You just knew he would attack the EU after the Duetche Bank story. The sucker is getting so predictable what his 2 pm Eastern Time Reality TV show will have each day. Oh btw,we are paying big bucks for this daily spewage.

The Trump Real Estate will need mega amounts of new Capital to survive.


Trump Loans to be demured until 2025 because of his probability of reelection. Say what? 340 million @ prime + and associated service fees is what,25 million plus compounding. These Boys are in deep doo doo.