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Political Discussion
Reply to "The BIG ONE: 20 years of Trump taxes obtained by NYTs"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Whether or not the properties are mortgaged is largely irrelevant. The fact is that he is apparently personally liable for 400 million dollars. [b]A "real estate guy"would normally not be personally liable for one cent of loans secured by the property. Real estate debt, except for the untrustworthy borrower, is inevitably non-recourse.[/b] That's the rub.[/quote] Also, I've still not seen an answer to the question - why did Deutsche Bank continue lending Trump money even after he defaulted on previous loans? https://www.propublica.org/article/trump-inc-podcast-deutsche-bank-donald-trump [/quote] Because they were directed loans backed by Russian oligarchs and their illegal monies.[/quote]
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