NYT: Trump has "Hundreds of millions in debt coming due."

[RandySF]

Link to tweet

?s=20

Holly Figueroa O'Reilly
@AynRandPaulRyan
FireThe Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due. #TrumpTaxReturns

[dchill]

1. No worries. Vlad will pick up the tab.

For a fee.

[LisaL]

8. I am pretty sure Vlad likes winners, not losers.

NT

[dchill]

11. He's only paying for what he's getting.

[NanceGreggs]

17. Vlad prefers tax cheats who don't get caught. n/t

[Mme. Defarge]

19. F'ing A!!!

[Iwasthere]

2. He's likely stockpiled hundreds of millions of OUR money over the last 3 years

[dalton99a]

9. Without a doubt.

[Ferrets are Cool]

26. This was my FIRST thought.

But, if he is in jail, he can't spend it.

[Rebl2]

27. I thought I

read a couple of weeks ago a good deal of money is missing from his campaign fund. Did he steal that too?

[Grokenstein]

29. If the chance to swipe something arose, you can be sure he took it without hesitation.

[tclambert]

30. I was wondering what happened to the billion dollars his campaign supposedly burned through

for no gain. I wouldn't be surprised if he tried to redirect some campaign assets to pay personal debts.

[DENVERPOPS]

31. I have a feeling

this is merely the tip of a very huge iceberg about Trump, his kids, and his family's business. RepubliCON takes on a new meaning.....

Didn't Jared have a 150 million dollar payment due on one of his crappy real estate investments, suspicions came up on a trip to the Saudi's that he sold them U.S. Intelligence Top Secret information and came back home with his 150 million mortgage payment.

The big question to me, is how wide, how far, and how deep does this go. The entire U.S. Republican Senate has been involved all along thru the last four years.......What is there to find out about ALL OF THEM and their finances???????

Also, Trump's hand appointed ENTIRE ADMINISTRATION, and his Supreme Court appointees?????????? Holy crap

Vlad probably has a smile on his face that you couldn't take off with a crowbar.........

[crickets]

32. trump's been stealing from the American people for years now.

He and his children have been robbing us blind. There is NO WAY they should be allowed to walk away free with it.

[trueblue2007]

3. OMG !!!!!!!!!!!!!!

[BootinUp]

4. i see a default in Trump's future

[Cha]

5. SHOCKING.. So this is WHY trump Tried & FAILED

to Hide them.

[dalton99a]

6. No wonder

[The Magistrate]

12. Cold As It Is Fair, Sir

Made the wife laugh....

[mackdaddy]

7. So instead of a "Billionaire", Trump is a "Billion-ower". We though so...

How much does he owe in Rubles?

[NightWatcher]

10. 400 million in the hole. Game over Man

[dchill]

13. At least.

[Sneederbunk]

14. Looks like he won't be funding his own campaign.

Predict massive thefts between now and January 20.

[dalton99a]

18. There will be industrial-scale looting of our Treasury.

[torius]

15. Maybe Bloomberg will pay

his convicted-felon poll tax when he gets out of prison!

[Alacritous Crier]

16. This is why he's been fundraising like mad...

trying to get as much in his pocket before this grift is over.

[livetohike]

20. Just in time for the first debate. Oh this is going to be

so much fun .

[BlueWavePsych]

21. Billionaire ... ya right!

[Me.]

22. Early Octpber Surprise?

[ProfessorGAC]

23. It's More Than That

The Moody's audit of the TO, required by law to determine creditworthiness of privately held corporations for lending transparency, got all records from all banks involved.
That report is when the value of assets went from the stated $10.2 billion to $8.05 billion. (Since reduced again by Forbes' estimate).
At that time, the $5.4 billion in debt was found to be understated by >$800 million in US loans, including $300 million in "no term payment loans", essentially promissory notes. This brought the " net worth" to well under $2 billion.
Then we found out about the nearly $700 million debt to Deutsche Bank, about half of which were promissory paper.
Then we found out about the more than $300 million to the state bank of China. All of that was promissory.
We're likely already looking at around $1.4 billion in undeclared debt, and while we don't know how much, idiot Jr. admitted getting financing from Russia.
It's not just "hundreds of millions" (if we can use "just" about that kind of money), it's probably in excess of FIFTEEN hundreds of millions.
His grifting over the last 44 months has been about debt service.
He's a horrendous financial thinker.
I believe those low taxes due to losses.
He's been living off debt for 40 years, at least.

[smirkymonkey]

28. +1000

He always did claim to be the king of debt. I think he meant to be glib at the time, but I suppose it's not so funny now, is it?

[helpisontheway]

24. Nothing on CNN yet. Nt

[Blue Owl]

25. Wow what a freeloading loser

n/t