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In reply to the discussion: "I am the only President on record to give up my yearly $400,000 plus Presidential Salary!" [View all]ProfessorGAC
(64,874 posts)36. The TO Gave Public Statements...
...in 2016 that they had assets of $10.2 billion and LTD of $5.4 billion.
A D/E ratio of 1.125 is not "extremely underleveraged."
And 2 years ago, Moody's reassessed creditworthiness, and concluded the assets were overvalued by 20%, and the debt was at least $1.2 billion higher than claimed.
This puts us at $8 billion in assets and $6.6 billion in leverage.
This is a D/E of 4.7.
That is hitting the highly over leveraged range.
Once again, he's lying.
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"I am the only President on record to give up my yearly $400,000 plus Presidential Salary!" [View all]
jayfish
Sep 2020
OP
He banks many multiples of that just by requiring Secret Service to stay at his properties
greenjar_01
Sep 2020
#12
He's probably the only president on record to have pocketed US taxpayer money for his golf trips
mnhtnbb
Sep 2020
#14