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NYT: In Maze of Trump’s Empire, Unknown Ties and $650 Million in Debt
On the campaign trail, Donald J. Trump, the Republican presidential nominee, has sold himself as a businessman who has made billions of dollars and is beholden to no one.
But an investigation by The New York Times into the financial maze of Mr. Trump’s real estate holdings in the United States reveals that companies he owns have at least $650 million in debt — twice the amount than can be gleaned from public filings he has made as part of his bid for the White House. The Times’s inquiry also found that Mr. Trump’s fortunes depend deeply on a wide array of financial backers, including one he has cited in attacks during his campaign.
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Real estate projects often involve complex ownership and mortgage structures. And given Mr. Trump’s long real estate career in the United States and abroad, as well as his claim that his personal wealth exceeds $10 billion, it is safe to say that no previous major party presidential nominee has had finances nearly as complicated.
As president, Mr. Trump would have substantial sway over monetary and tax policy, as well as the power to make appointments that would directly affect his own financial empire. He would also wield influence over legislative issues that could have a significant impact on his net worth, and would have official dealings with countries in which he has business interests.
http://www.nytimes.com/2016/08/21/us/politics/donald-trump-debt.html
But an investigation by The New York Times into the financial maze of Mr. Trump’s real estate holdings in the United States reveals that companies he owns have at least $650 million in debt — twice the amount than can be gleaned from public filings he has made as part of his bid for the White House. The Times’s inquiry also found that Mr. Trump’s fortunes depend deeply on a wide array of financial backers, including one he has cited in attacks during his campaign.
<...>
Real estate projects often involve complex ownership and mortgage structures. And given Mr. Trump’s long real estate career in the United States and abroad, as well as his claim that his personal wealth exceeds $10 billion, it is safe to say that no previous major party presidential nominee has had finances nearly as complicated.
As president, Mr. Trump would have substantial sway over monetary and tax policy, as well as the power to make appointments that would directly affect his own financial empire. He would also wield influence over legislative issues that could have a significant impact on his net worth, and would have official dealings with countries in which he has business interests.
http://www.nytimes.com/2016/08/21/us/politics/donald-trump-debt.html
Was about to post on LBN when I got a NYT banner for it but I think this is more analysis. It definitely should be no surprise. That obscene amount of debt from the "I love debt" master, is obviously something that might prompt one to look "east" (and not China) for salvation.
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now that their nominee is finally being vetted. And "early" meaning not to give us a damn fiscal year 2017 appropriation, but to get those "perjury hearings" against Hillary up and running as fast as they can... and to hell with the government shutting down.
Elizabeth Warren has continually trolled him with with her tweets because he is guaranteed to react instinctively without thinking. 
all through the Amish community here in PA with this sort of nonsense -
even willing to vote (I grew up here in PA learning that they generally did not participate in elections or government).
Interesting article -
Will the Amish turn out for Trump? Don’t bet the farm.
http://lancasteronline.com/news/politics/new-pac-looks-to-get-amish-vote-for-donald-trump/article_45bad350-1949-11e6-a23a-33ecffcf4a7f.html
They have billboards up as well -
A number of them come into Philly (hopping a ride with Mennonites) to sell goods at Philly's Reading Terminal, so I am sure they hear "the other side" of Trump's trumped-up story -
They have billboards up as well -
A number of them come into Philly (hopping a ride with Mennonites) to sell goods at Philly's Reading Terminal, so I am sure they hear "the other side" of Trump's trumped-up story -
