Does anyone remember when Obama ran in 2008, and claimed he would not take any money from Wall Street lobbyists?
"Today, the claim that Donald Trump is not connected to Wall Street and is actually frightening the mega banks is also totally dislodged from the facts on the ground..."
"On July 15 of last year, Donald Trump filed a 92-page financial disclosure report with the Federal Election Commission. (He has thus far refused to disclose his IRS tax returns, stating that he is being audited.) On page 47 of his disclosure document, Trumps lists to whom his businesses owe money.
"Ladder Capital is listed as holding a mortgage of more than $50 million."
"With no dollar range shown, as is typical, it could be $50 million or $250 million for all we know. Ladder Capital is also listed as holding an additional mortgage on another property in the range of $5 million to $25 million.."
"Ladder Capital, a major lender to Donald Trump, is about as entangled and beholden as one can get to the mega Wall Street banks.
"In fact, its IPO was underwritten by Deutsche Bank Securities, Citigroup Global Markets, Wells Fargo Securities, Merrill Lynch, and J.P. Morgan Securities.
"First we learn from the prospectus that Ladder Capital’s business model is to 'generally securitize our loans together with certain financial institutions, which to date have included affiliates of Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, RBS Securities Inc., UBS Securities LLC and Wells Fargo Securities, LLC.'”
Wall Street On Parade
"Today, the claim that Donald Trump is not connected to Wall Street and is actually frightening the mega banks is also totally dislodged from the facts on the ground..."
"On July 15 of last year, Donald Trump filed a 92-page financial disclosure report with the Federal Election Commission. (He has thus far refused to disclose his IRS tax returns, stating that he is being audited.) On page 47 of his disclosure document, Trumps lists to whom his businesses owe money.
"Ladder Capital is listed as holding a mortgage of more than $50 million."
"With no dollar range shown, as is typical, it could be $50 million or $250 million for all we know. Ladder Capital is also listed as holding an additional mortgage on another property in the range of $5 million to $25 million.."
"Ladder Capital, a major lender to Donald Trump, is about as entangled and beholden as one can get to the mega Wall Street banks.
"In fact, its IPO was underwritten by Deutsche Bank Securities, Citigroup Global Markets, Wells Fargo Securities, Merrill Lynch, and J.P. Morgan Securities.
"First we learn from the prospectus that Ladder Capital’s business model is to 'generally securitize our loans together with certain financial institutions, which to date have included affiliates of Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, RBS Securities Inc., UBS Securities LLC and Wells Fargo Securities, LLC.'”
Wall Street On Parade
