Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ProfessorGAC

(77,116 posts)
31. Only In Gross Holdings
Tue Sep 8, 2020, 09:53 AM
Sep 2020

With an enormous debt load!
The financial review of the TO, by Moody's (legally required to assess credit worthiness of privately held companies) concluded properties were 20%+ overvalued, other divisions were insolvent, and the debt load (they have access to loan values from all North American banks) was 40%+ higher than stated in public releases.
THEN we learned of the $800 million they owe Deutsche Bank, and the $300 million to the state bank of China.
And, junior ADMITTED getting funding from Russian sources.
Credible estimates are a net worth of $780 million tops.
He inherited $390 million nearly 30 years ago, not including the "loans" from daddy for 8 years in the 70s.
Suggests a 1.8% annualized return over a time in which major US indices averaged 9.56%.
Financial genius, my rear!

Recommendations

0 members have recommended this reply (displayed in chronological order):

Not gonna happen. Besides, I doubt he is anywhere near that solvent. nt tblue37 Sep 2020 #1
+1 2naSalit Sep 2020 #28
I don't believe it! katmondoo Sep 2020 #2
He means Putin's money, right? 50 Shades Of Blue Sep 2020 #3
Boom! Right there. Zoonart Sep 2020 #8
That's what I was thinking, $100M in Puin money...how much is that in rubels? Liberal In Texas Sep 2020 #15
+1, uponit7771 Sep 2020 #30
But TheFarseer Sep 2020 #4
I'm sure he figures that IF he wins, he can "get whole" or even profit Chiyo-chichi Sep 2020 #13
Sure it makes sense for a normal person. TheFarseer Sep 2020 #24
Wouldn't put it past him. He is that dumb and corrupt. Chiyo-chichi Sep 2020 #25
He just might if he believes losing will land him in jail Tom Rinaldo Sep 2020 #5
believe it when you see it beachbumbob Sep 2020 #6
Yeah, right. llmart Sep 2020 #7
He spends his own money the way Susan Collins gets concerned. unblock Sep 2020 #9
Bullshit. That ass wouldn't spend a penny of his own money. boston bean Sep 2020 #10
Has he got that much? lindysalsagal Sep 2020 #11
Yeah right..😂🤣😂🤣nt helpisontheway Sep 2020 #12
Snort! GeorgeGist Sep 2020 #14
"I'm rich. Really rich!" said Donnie Dumbfuck in 2105 SoonerPride Sep 2020 #16
He spent his own money last time - and promptly repaid himself patricia92243 Sep 2020 #17
Most decisions are made by this point. The real push now is GOTV. 33taw Sep 2020 #18
🤣🤣🤣🤣🤣🤣🤣 Docreed2003 Sep 2020 #19
He doesn't have $100 million BGBD Sep 2020 #20
Only In Gross Holdings ProfessorGAC Sep 2020 #31
Bullllshit... lame54 Sep 2020 #36
He's stealing plenty BGBD Sep 2020 #41
Riiiiiight. oasis Sep 2020 #21
He will not spend his own money. kentuck Sep 2020 #22
I don't believe this because I don't think he has 100 million to spend. Ferrets are Cool Sep 2020 #23
"and he's as tight as a duck's ass. Just like dad was, really." Klaralven Sep 2020 #26
The Trump campaign... Alacritous Crier Sep 2020 #27
He doesn't have it ... end of story SpaceNeedle Sep 2020 #29
Second grade arithmetic question reveals all DFW Sep 2020 #32
Pure, utter bullshit dalton99a Sep 2020 #33
His supposed wealth is all on paper. Asset value; inflated as it may be. Firestorm49 Sep 2020 #34
Trump Weighs Putting Up to $100 Million of His Cash Into Race BlueWavePsych Sep 2020 #35
Bwahahahaha! smirkymonkey Sep 2020 #37
2016 Redux...nt Wounded Bear Sep 2020 #38
Doubt he has that much cash on hand. Kid Berwyn Sep 2020 #39
"his own money" crickets Sep 2020 #40
Latest Discussions»General Discussion»Donald Trump considers sp...»Reply #31