General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCould Trump lose *everything*?
Is there anything that he "owns" completely paid for?
Trump Tower
Marl-A-Lago
Turnberry
All those hotels and golf courses
With the looming lawsuits, his assets are open to attack.
essme
(1,207 posts)"owned" by shell companies that his kids run/ own. More than likely a few are in Melania's and Ivana's names also.
Trump isn't completely stupid- he knows how to hide money, and use offshore accounts. He's a scam artist, pure and simple.
Botany
(71,811 posts)Trump warns Raffensperger that "it's going to be very costly" if he doesn't change the election results.
https://threadreaderapp.com/thread/1345844414250442753.html
And don't forget that Deutsche Bank (Putin) is going to be calling in his loans too.
Bernardo de La Paz
(50,296 posts)Botany
(71,811 posts)I heard something about the Deutsche's loans to Trump and or the people who oversaw them
around the election and then about a month later but I can't process it all.
Bernardo de La Paz
(50,296 posts)They were after Justice Kennedy's son who oversaw tRump's accounts at DB for a while.
jmowreader
(51,149 posts)Trump had to sign personal guarantees for roughly a half-billion in loans that he can't pay back under any circumstance. There is about to be a huge legal fight: does the plaintiff in a lawsuit Trump lost, an American bank, a German bank or a Russian bank who all have laid claim to Trump Tower get it?
edhopper
(34,427 posts)$300 million for his election fraud fund. He will use that to pay his debts.
And yes, he can do that.
duforsure
(11,885 posts)He'll be neck deep in fighting them for years. Then there's lawyer fee's for civil and criminal cases that he'll try to stiff them, while hiding money offshore and overseas. Putin is the one, if he cheated him, will have to worry about.
arlyellowdog
(1,165 posts)Trump doesnt really own these properties. The Trump organization sells naming rights. I would think the Trump name is a negative now. Certainly, they are unloading the Trump Hotel in DC. Maybe its about the actual owners getting out of the licensing contracts. https://www.washingtonpost.com/graphics/world/trump-worldwide-licensing/
Vinca
(50,752 posts)safeinOhio
(33,597 posts)Depends.
Harker
(14,608 posts)what you never had."
In his case, that includes a soul.
Johnny2X2X
(21,086 posts)Trump made $Billions off his presidency, the IRS is never going to figure out the ways he monetized the Presidency.
From flat out selling state secrets to foreign countries, to no bid contracts handed out with kickbacks to his shell companies, to encouraging everyone to spend money at his businesses, the Presidency was a windfall for him.
We know he made money beause he said he was losing money over and over.
Gothmog
(152,036 posts)Yes trump could use everything
Blue Owl
(53,791 posts)Full of daily humiliation and public exposure of the fraud he is and always has been
MineralMan
(147,030 posts)He just borrows more money, using properties as collateral. He actually owns nothing. He's about to discover that loans can be called in and nobody is going to loan any more money to him, now that he won't be President.
He's about to go completely bankrupt, and he knows it.
FSogol
(46,056 posts)type scams about the WH in exile and saving the children.
At least it will be less money pouring into legitimate RW candidates and PACs.
MineralMan
(147,030 posts)Wounded Bear
(60,060 posts)Selling $2 bill replicas advertising the US Space Force or something.