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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJeff Bezos needs to buy Trump's debt
And fuck up his life. $400 million is small change for a guy with $180 billion. He could even afford to lose it all and it would probably benefit him with his taxes.
But the extent he could screw with Trump would be priceless.
LakeArenal
(28,713 posts)getagrip_already
(14,225 posts)That would just let deutche bank and a lot of foreign banks off the hook. Let them eat the debt. they will never be repaid, and shouldn't have ever made the loans to begin with.
Just make it impossible for them to forgive the debt. The gov't should double it and hold him liable
exboyfil
(17,857 posts)I am not sure what the government could do if a private bank offers debt forgiveness other than ensure that the forgiveness is treated as income and taxed accordingly (or course I suspect the rich have a way of getting out of this trap that us little people experience).
Backseat Driver
(4,333 posts)edhopper
(33,164 posts)I think they were just a conduit for money from others, probably Russia.
Yeehah
(4,520 posts)but found no takers.
edhopper
(33,164 posts)Last edited Wed Nov 11, 2020, 01:04 PM - Edit history (1)
the question is if it's their money or another backer?
Yeehah
(4,520 posts)If DB didn't hold the debt, why would they be trying to sell it?
edhopper
(33,164 posts)for the people who hold the debt. They are just laundering it for someone else. Probably from Russia.
That's the theory at least.
crickets
(25,896 posts)and there's no reason in the world to help them, or Deutsche Bank, out of their mess. Let them own that debt, every huge, stinking bit of it.
edhopper
(33,164 posts)Russians, as in Oligarchs.
crickets
(25,896 posts)We agree; I was just way too imprecise.
FigTree
(347 posts)that the 2016 campaign has technically been financed with money from unknown origin. Not sure it's even legal.
edhopper
(33,164 posts)Cartaphelius
(868 posts)Let the asshole drown in his cesspool of failure.
Yo_Mama_Been_Loggin
(107,063 posts)Why bail his whiney ass out?
exboyfil
(17,857 posts)but Bezos wouldn't even know this money was gone. I don't really think Bezos wants to poke that bear though. He is only about making money.
edhopper
(33,164 posts)just to jab at Trump.
Hortensis
(58,785 posts)very unlike those Trump usually preys on.
Just_Vote_Dem
(2,790 posts)"Donald, here's $400 million. Only catch is, you have to become a liberal Democrat"
He goes to the podium, says in his last days in office he proposes Medicare For All, the Green Act, and rips Republicans for hours.
MAGA heads all over the country explode...
I can dream, can't I?
Response to edhopper (Original post)
Loki Liesmith This message was self-deleted by its author.
marble falls
(56,353 posts)gulliver
(13,142 posts)Suppose Bezos offers to buy Trump's debt at 2 to 1. He'll pay $800 million for the $400 million debt, say. Wouldn't any legitimate creditor jump at that? If no one takes Bezos up on it, it shows the "creditors" like owning a piece of Trump more than the money.
JustABozoOnThisBus
(23,282 posts)It's throwing away money. Trump will never be able to repay that debt.
Can't he just declare bankruptcy again? It should work if Bezos owns the debt. Not so much if Russian mobsters own it. Good thing for Trump he has lifetime Secret Service protection.
gulliver
(13,142 posts)The premium offer would be to get the creditors to come out of hiding (or to stay hidden despite an obvious profit). I'm assuming Bezos would go into it assuming he would lose the entire investment in this scenario, to Trump's likely bankruptcy for example. Bezos would just be doing it as a patriotic service to his country.
He could say, "I offered $800 million for Trump's $400 million debt, and no one took me up on it. I wonder who these people are that would rather have Trump in their debt than doubling their money."
wiggs
(7,788 posts)leave with what he considers a win. A grift, more middle fingers to Obama, one last grab of crotch, a kickback from Putin and UAE for arms, etc