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stopdiggin

(15,537 posts)

13. as I understand it it was becuse DB

Reply to wiggs (Reply #8)

Thu Oct 12, 2023, 11:29 AM

Oct 2023

was desirous (almost desperate) to 'get in' to the New York real estate market - and were willing to take a 'known risk' (in DJT) to that end. And their corporate officers (directors?) brought in people whose remit was just exactly that. (and apparently that mission wasn't really any kind of secret, either within or without the organization)

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The Trump 'haircut': yes, Deutsche Bank really used this term in reducing what Trump said he was wor [View all] Eugene Oct 2023 OP

Makes sense, actually. tanyev Oct 2023 #1

This is a standard term in finance, having nothing to do with Donnie's do. unblock Oct 2023 #2

I used the term as a reduction in compensation or pay typically chicoescuela Oct 2023 #4

Yes, really any amount that gets reduced. unblock Oct 2023 #7

So his dick is actually 1.5 in less than he says it is. milestogo Oct 2023 #10

this is sort of amusing stopdiggin Oct 2023 #3

My first thought, too. NM Grins Oct 2023 #12

Don't have much sympathy for banks in this, but I doubt they've been hurt. Silent Type Oct 2023 #5

That bank is known to be sketchy Joinfortmill Oct 2023 #6

why did DB loan Trump Org money when no one else would? nt wiggs Oct 2023 #8

Maybe this might remind you ... aggiesal Oct 2023 #11

yes, but this was with 100% approval stopdiggin Oct 2023 #14

as I understand it it was becuse DB stopdiggin Oct 2023 #13

I read somewhere a while back that the loans were guaranteed... Buns_of_Fire Oct 2023 #9