Trump owed tens of millions to Bank of China

Why do you keep talking like defense spending that is negotiated years in advance has all that much to do with Trump?
Defense spending that took place under Obama was signed by Bush. The spending that took place under Trump was signed by Obama.

In all seriousness....Trump had little or next to nothing to do with spending while he was president because the Dems wouldn't allow him to spend a plug nickle without giving him a ration of BS. He couldn't even get $6 billion to build a fence without them threatening him with impeachment.
Trump told NATO to start ponying up and they conspired with Pelosi and Schumer to get him removed .
So why don't you pull the other leg while you're at it.

See post #8
 
Anyone claiming that this had no effect on his decisions regarding China is just dishonest.

Trump owed tens of millions to Bank of China

The president's financial dealings with the state-owned bank complicate his attacks on Biden.


Donald Trump is warning “China will own the United States” if Joe Biden is elected president.

But Trump himself has taken on debt from China. In 2012, his real estate partner refinanced one of Trump’s most prized New York buildings for almost $1 billion. The debt included $211 million from the state-owned Bank of China, which matures in the middle of what could be Trump’s second term.

Steps from Trump Tower in Manhattan, the 43-story 1290 Avenue of the Americas skyscraper spans an entire city block. Trump owns a30 percent stake in the property valued atmore than $1 billion, making it one of the priciest addresses in his portfolio, according to his financial disclosures.

Trump’s ownership of the building received a smattering of attention before and after his 2016 campaign. But the arrangement with the Bank of China in 2012 has gone largely unnoticed. The questions surrounding Trump’s ties to the Bank of China come as his campaign is claiming that Biden would be a gift to the Communist country and America’s chief economic rival.

[After the first version of this article was published, Bank of China issued a statement Friday evening stating that it sold its debt on the building weeks after the 2012 loan on the property. Vornado Realty Trust owns 70 percent of the building.

“On November 7, 2012 several financial institutions including the Bank of China participated in a commercial mortgage loan of $950 million to Vornado Realty Trust,” said Peter Reisman, managing director and chief communications officer of Bank of China U.S.A. “Within 22 days, the loan was securitized and sold into the [commercial mortgage-backed securities] market, as is a common practice in the industry. Bank of China has not had any ownership interest in that loan since late November 2012.”

Another public document, however, lists Bank of China as a creditor on 1290 Avenue of the Americas even after the bank said it was no longer involved in the property. Filed in2017 with the New York City Department of Finance Office of the Register, it lists the Bank of China as a secured party having a financial interest in the building’s fixtures — such as air conditioning systems and toilets — in case of default on the loan.


More bad news for Trump at the link.
Weird how “real estate partners” from a decade ago translates into “Trump owes China”.

Total nonsense. I also think you don’t know how lending money works. Why would President Trump be beholden to China if some of his companies got a loan from a Chinese bank? If China falls apart then he gets to keep their money and they can’t collect it. Otherwise if he fails to pay them, they seize assets like any lender would.

Is it a crime to use a non-Jewish controlled bank?
 
Trump also owes Deutsch Bank and Bank of Cyprus.
Being financed by foreign banks isn't the same as taking bribes.
Trump has loans with dozens of banks....and when you're doing business in a country it's easier to do business with the banks in those countries, that way they can't charge you an exchange fee. Nevermind the fact that doing business in a country like Germany means everything you earn goes straight into a German bank account. It's a socialist country....and everything goes to the bank and taxes are taken out before anyone even sees a cent of it.
 
Being financed by foreign banks isn't the same as taking bribes.
Trump has loans with dozens of banks....and when you're doing business in a country it's easier to do business with the banks in those countries, that way they can't charge you an exchange fee. Nevermind the fact that doing business in a country like Germany means everything you earn goes straight into a German bank account. It's a socialist country....and everything goes to the bank and taxes are taken out before anyone even sees a cent of it.

US banks won't touch Trump.
 
Being financed by foreign banks isn't the same as taking bribes.
Trump has loans with dozens of banks....and when you're doing business in a country it's easier to do business with the banks in those countries, that way they can't charge you an exchange fee. Nevermind the fact that doing business in a country like Germany means everything you earn goes straight into a German bank account. It's a socialist country....and everything goes to the bank and taxes are taken out before anyone even sees a cent of it.


 
You leftists are a real piece of work. It's a proven fact the Bidens are in bed with China for billions
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Post your "proof".
 
Anyone claiming that this had no effect on his decisions regarding China is just dishonest.

Trump owed tens of millions to Bank of China

The president's financial dealings with the state-owned bank complicate his attacks on Biden.


Donald Trump is warning “China will own the United States” if Joe Biden is elected president.

But Trump himself has taken on debt from China. In 2012, his real estate partner refinanced one of Trump’s most prized New York buildings for almost $1 billion. The debt included $211 million from the state-owned Bank of China, which matures in the middle of what could be Trump’s second term.

Steps from Trump Tower in Manhattan, the 43-story 1290 Avenue of the Americas skyscraper spans an entire city block. Trump owns a30 percent stake in the property valued atmore than $1 billion, making it one of the priciest addresses in his portfolio, according to his financial disclosures.

Trump’s ownership of the building received a smattering of attention before and after his 2016 campaign. But the arrangement with the Bank of China in 2012 has gone largely unnoticed. The questions surrounding Trump’s ties to the Bank of China come as his campaign is claiming that Biden would be a gift to the Communist country and America’s chief economic rival.

[After the first version of this article was published, Bank of China issued a statement Friday evening stating that it sold its debt on the building weeks after the 2012 loan on the property. Vornado Realty Trust owns 70 percent of the building.

“On November 7, 2012 several financial institutions including the Bank of China participated in a commercial mortgage loan of $950 million to Vornado Realty Trust,” said Peter Reisman, managing director and chief communications officer of Bank of China U.S.A. “Within 22 days, the loan was securitized and sold into the [commercial mortgage-backed securities] market, as is a common practice in the industry. Bank of China has not had any ownership interest in that loan since late November 2012.”

Another public document, however, lists Bank of China as a creditor on 1290 Avenue of the Americas even after the bank said it was no longer involved in the property. Filed in2017 with the New York City Department of Finance Office of the Register, it lists the Bank of China as a secured party having a financial interest in the building’s fixtures — such as air conditioning systems and toilets — in case of default on the loan.


More bad news for Trump at the link.

Donald Trump is an international businessman who has done / is doing LEGITIMATE business with nation's all over the world.

Businesses such as his, as any intelligent person knows, involves much capital, international funding / loans, risk, etc... both loss and gain go with the territory, as no businesses can continuously eork in tbe possitove without having ups and downs and loss, especially in the state of word markets / eonomies.

Attempting to claim Trump is a failure at business or attempting to claim loss / funding problems foor such a global business is irregular, or even criminal, is just ignorant.

It is obvious the left is attempting to draw attention to Trump's financial dealings as a legitimate businessman to distract from tbe Biden Family Crime Syndicate's DECADES of self-enriching influence-peddling, money laundeting, and other dubious (illegal / treasonous) financial involvemrnts with extremely corrupt govetnments, companies, and even with ebemies of the United States.

Such claims arecas stupid and petty as the Biden administration claiming, AFTER his embarrassing ChiCom balloon handling:

'Oh yeah...well...Chinese spy balloons flew over the US during the Trump administration...Its just that no one knew at the time, and it was not discovered until AFTER he left office and Biden took over ... and just in time to point out as a distraction from President Biden's recent CCP Balloon PR disaster.'

:shok:

Just pathetic.
 
  • Funny
Reactions: cnm
Pay close attention of what Trump accuses others of doing.

He is almost without exception projecting...admitting what he has done
 
Donald Trump is an international businessman who has done / is doing LEGITIMATE business with nation's all over the world.

Businesses such as his, as any intelligent person knows, involves much capital, international funding / loans, risk, etc... both loss and gain go with the territory, as no businesses can continuously eork in tbe possitove without having ups and downs and loss, especially in the state of word markets / eonomies.

Attempting to claim Trump is a failure at business or attempting to claim loss / funding problems foor such a global business is irregular, or even criminal, is just ignorant.

It is obvious the left is attempting to draw attention to Trump's financial dealings as a legitimate businessman to distract from tbe Biden Family Crime Syndicate's DECADES of self-enriching influence-peddling, money laundeting, and other dubious (illegal / treasonous) financial involvemrnts with extremely corrupt govetnments, companies, and even with ebemies of the United States.

Such claims arecas stupid and petty as the Biden administration claiming, AFTER his embarrassing ChiCom balloon handling:

'Oh yeah...well...Chinese spy balloons flew over the US during the Trump administration...Its just that no one knew at the time, and it was not discovered until AFTER he left office and Biden took over ... and just in time to point out as a distraction from President Biden's recent CCP Balloon PR disaster.'

:shok:

Just pathetic.

 

So?




And more....
 

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