The Hill -Deutsche Bank reportedly loaned more than $2 billion to President Trump over multiple decades while he was a real estate developer.
The New York Times reported, based on interviews with more than 20 bank officials, that the bank repeatedly loaned money to Trump despite multiple business-related "red flags."
In attempting to secure loans from the bank, Trump often exaggerated his wealth, according to the Times.
Years later, in 2010, Trump again turned to Deutsche Bank for a loan as he attempted to buy the Doral Golf Resort and Spa for $100 million. The bank again reportedly determined that Trump was exaggerating his wealth, this time concluding that he had overvalued some of his real estate assets by up to 70 percent. Nonetheless, the bank approved both that loan and another loan of $48 million for the same Chicago skyscraper he had secured a loan for in 2005.
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