General Discussion
In reply to the discussion: Despite Coming O'Donnell Retraction, I Still Think It's True [View all]PRETZEL
(3,245 posts)but, I like many others tend to believe that it is true. With all the various threads about this particular loan(s) there are still a myriad of questions that hopefully come to light.
One of the things that I may have heard is the nature of the loans. If I'm understanding correctly these were non-collaterized loans so naturally no Trump properties, either ones already in his portfolio or being used as collateral for the purchase, were used. That seems to make it a personal loan with only his income and credit worthiness as security. So, absent a co-signor, Trump's financial statements would be the basis for securing the loans. Here's my question on this, are they factually correct? And if not, who would know? Obviously Trump. Possibly Justice Kennedy's son who had a close working relationship with the Trumps? Possibly Michael Cohen? Possibly Alan Weiselberg?
If these loans were co-signed (and I'll assume the co-signors are Russian) who are they (naturally), what type of relationship did they currently have with DB (I would tend to think this would be important), what type of financial disclosures were presented to DB as assurances of repayment?
As I said, I do think Lawrence is confident that his source is correct. It is somewhat bothersome that (if I've heard correctly) his source has indicated that they have not physically seen the loan documents. That's troubling on it's face, which does lead me to believe that Lawrence's source has seen this before.