Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Beastly Boy

(9,323 posts)

8. It was a 1.2 B deal to refinance a loan.

Reply to oldsoftie (Reply #5)

Fri Apr 30, 2021, 09:46 PM

Apr 2021

About 600 M was the total take home payoff. 30% of it was Trump's.

I feel bad for the lawyers (never thought I would say this). Working for the scumbag and not getting paid. At least there is hope for them now.

On edit: he still owes 30% of that 1.2 B loan, but it's due 20 or 30 years from now.

Edit history

Please sign in to view edit histories.

10 replies

= new reply since forum marked as read

Highlight:

Trump Scores $617 Million of Cash With Vornado From Tower Bonds [View all] Calista241 Apr 2021 OP

This message was self-deleted by its author Beastly Boy Apr 2021 #1

Like everything Trump, it's not as impressive as it sounds. Beastly Boy Apr 2021 #2

This message was self-deleted by its author drray23 Apr 2021 #4

30% of 1.2 Billion is a lot more than $185M. Wasnt the total deal 1.2B? oldsoftie Apr 2021 #5

It was a 1.2 B deal to refinance a loan. Beastly Boy Apr 2021 #8

Well, there are different types of bankruptcy, the financial and the moral. I've never abqtommy Apr 2021 #3

Not Buying It ProfessorGAC Apr 2021 #6

Whatever he "made" from the deal Mr.Bill Apr 2021 #7

He'll default, the suckers will end up with a big office building Warpy May 2021 #9

Link to clarification (that Vornado and Thump will share the $617M)) nitpicker May 2021 #10