September 23, 2016

TOUGH TO WEAN THAT BABY:

Trump's Father Helped GOP Candidate With Numerous Loans (ALEXANDRA BERZON and  RICHARD RUBIN, Sept. 23, 2016, WSJ)

The document, a ca**no-license disclosure in 1985 by then-wife Ivana Trump, shows Mr. Trump taking out numerous loans from his father and his father's properties near the start of his career in the late 1970s and early 1980s.

At the time of the disclosure, Mr. Trump owed his father and his father's businesses about $14 million, according to the document.

That is a different picture from the one he paints at campaign rallies. "I started off with a million-dollar loan and I built it up to more than $10 billion in value--a million dollar loan," he said at an event in Rome, N.Y., in April.

Unlikely as it seems, he's an even worse businessman than everyone thought.

Posted by at September 23, 2016 8:46 PM

  

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