Forbes uncovers Trump's likely Yuuugest conflict of interest

[OKTexas]

Of course, since Mango Mussolini handed over the businesses to Don "Guido" Trump Junior, Orange Loyalists will see absolutely nothing wrong with this -- NADA

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The largest American office of China's largest bank sits on the 20th floor of Trump Tower, six levels below the desk where Donald Trump built an empire and wrested a presidency. It's hard to get a glimpse inside. There do not appear to be any public photos of the office, the bank doesn't welcome visitors, and a man guards the elevators downstairs--one of the perks of forking over an estimated $2 million a year for the space.

Trump Tower officially lists the tenant as the Industrial & Commercial Bank of China, but make no mistake who's paying the rent: the Chinese government, which owns a majority of the company. And while the landlord is technically the Trump Organization, make no mistake who's cashing those millions: the president of the United States, who has placed day-to-day management with his sons but retains 100% ownership. This lease expires in October 2019, according to a debt prospectus obtained by Forbes. So if you assume that the Trumps want to keep this lucrative tenant, then Eric Trump and Donald Trump Jr. could well be negotiating right now over how many millions the Chinese government will pay the sitting president. Unless he has already taken care of it: In September 2015 then-candidate Trump boasted to Forbes that he had "just renewed" the lease, around the time he was gearing up his campaign.

The real money in the Trump empire comes from commercial tenants like the Chinese bank. Forbes estimates these tenants pay a collective $175 million a year or so to the president. And they do so anonymously. Federal laws, drafted without envisioning a real estate billionaire as president, require Trump to publicly disclose the shell companies he owns--but not the hundreds of businesses pouring money into them or even the extent of the money involved.​

Loads More:

Trump's Biggest Potential Conflict Of Interest Is Hiding In Plain Sight

Commercial clients paying for commercial space, how pathetic are you? Bank of Chinas portion is 1.14%, LMAO.


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