Source: Scott Olson / Getty
As all falls down around the Trump administration, the latest news might make you feel a little better about your outstanding debts.
The Department of Justice is looking into 45’s massive loans from eight banks, including $364 million owed to Deutsche Bank.
Deutsche Bank is Trump's top lender. By a huge margin.
-He owes more than $714 million in loans to at least 8 banks.
-More than half of that ($364 million) is from Deutsche Bank.
— Caroline O. (@RVAwonk) December 5, 2017
As The (failing) New York Times tried to remind everyone when he was still a candidate, Trump has never been the great business man he claims to be:
Amid all the self-made myths about Donald Trump, none is more fantastic than Trump the moneymaker, the New York tycoon who has enjoyed a remarkably successful business career.
In reality, Mr. Trump was a walking disaster as a businessman for much of his life.
This is not just my opinion. Warren Buffett said as much this past week.
Published: 05 Dec, 2017 By
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