View Single Post
Old 10-04-2016, 12:09 PM   #3
spence
Registered User
iTrader: (0)
 
spence's Avatar
 
Join Date: Nov 2003
Location: RI
Posts: 21,182
What if it wasn't legal? From what I've read Trump's real estate projects in the early 1990's were funded mostly by banks, not out of pocket cash, which would make a personal 916 million $ loss very difficult to obtain. Perhaps Trump was claiming other losses as real estate given his business venture was doing pretty poorly.

So Trump leverages heavily, makes terrible business decisions, screws his creditors and uses the scam to benefit personally at the taxpayer expense.

Why anyone would want to look into this is beyond me
spence is offline