August 20, 2016

WALKING THE WALK:

Trump companies owe $650 million, says NY Times (AFP, August 20, 2016)

Companies belonging to Donald Trump have at least $650 million in debt, more than twice the amount shown in public filings made by his presidential campaign, the New York Times reported Saturday.

The paper employed a property information firm to search publicly available data on more than 30 US properties connected to the Republican candidate, including offices and golf courses.

In addition to the $650 million liabilities, "a substantial portion of his wealth is tied up in three passive partnerships that owe an additional $2 billion to a string of lenders," the Times said about debt that could significantly affect Trump's wealth.

At least no one can accuse him of just pandering to poor white trash.
Posted by at August 20, 2016 1:29 PM

  

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