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Political Discussion
Reply to "The Mueller Report"
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[quote=Anonymous][quote=Anonymous] As far as Trump's businesses go, he knows business. I'll explain, number one, you never have your own money invested past securing the loans. Once that happens you pull your assets and start over again. Each time, the business itself is not in your name but under an LLC shielding your other assets in case things go sideways. If you were losing money, you liquidate capital on that position moving it someplace else, then let it bankrupt- again. Banks are willing to secure business loans same as they are a mortgage, it's not your money- which is why you use loans. Show your balance sheets, then borrow again, start another LLC and keep going. He wouldn't need a "Russian bailout" nor be beholden to anyone. [/quote] Traditional banks stopped loaning Trump money. Russian criminals are willing to take a little more risk because they aren't going to let the niceties of an LLC or corporate shield stop them from collecting when the bill comes due. [/quote]
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