Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested ....
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No aspect of Donald Trump’s business has been the subject of more speculation than his debt load.
Lots of people believe the president owes $400 million, especially after Trump seemed to agree with that figure
on national television Thursday night. In reality,
however, he owes more than $1 billion.
Some people also like to suggest that Deutsche Bank is the only institution willing to lend to Trump. That’s not true....... The president’s creditors include at least six other institutions, two of which began or reworked deals while the president was in office.
One reason for all the confusion: Trump’s loans are not fully transparent. It’s still unclear to whom he owes an estimated $162 million against his skyscraper in San Francisco, for example. The loan against 1290 Avenue of the Americas is also something of a mystery. And it’s difficult to pin down the amount the president owes on a loan tied to his Bedford, New York, mansion. When asked about all of this, the Trump Organization did not respond.
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