Guess who owes the Bank of China tens of millions!

Originally posted by: Boilerman

What is the leverage that the lender has over Trump?


Forcing bankruptcy number seven if it goes into default.

Originally posted by: Boilerman

What is the leverage that the lender has over Trump?


The loss of his initial investment, the regular share of profits, and any equity in the property. 

It's perfect for Trump if the other guy defaults............which won't happen, by the way.  Trump buys the 70% share that he doesn't own at cents on the dollar.

Originally posted by: Boilerman

It's perfect for Trump if the other guy defaults............which won't happen, by the way.  Trump buys the 70% share that he doesn't own at cents on the dollar.


That assumes Trump has the cash. He is currently asking banks and governments where his properties are located to postpone payments or for a large reduction in payments. 


Originally posted by: Mark

That assumes Trump has the cash. He is currently asking banks and governments where his properties are located to postpone payments or for a large reduction in payments. 


The other invester is not upside down in this loan.  His potion of the asset is worth $700 million, yet he only owes $200 million.  This is all a smoke screen and something to do about nothing. 

Originally posted by: Kevin Lewis


"Hypocracy"? Jesus, can't you even spell? Moron.

Defend your orange god all you want, Charles; he's a filthy crook.

 

 

You know correcting someone's spelling is a sign of your White Supremacy.  At least according to your woke liberal professors.  So shut your pie hole, Nazi or you ain't woke like your liberal buddies.  You're pretend woke.

Edited on Apr 25, 2020 3:49pm
Originally posted by: Kevin Lewis

Even if Hunter Biden stole eleventy kabillion dollars from widows and orphans, raped and murdered entire villages, and cheated at gin rummy, what does that have to do with Trump, and how does it excuse Trump's actions?

 

I've been waiting for conservatives to answer that simple question for some time now.


 

First of all you allege Trump owes millions to the Bank of China.  This ends up being false which I shall prove shortly.  But even if it was true that a business he was a passive investor in years before he became president borrowed from the Bank of China, there would be absolutely nothing wrong with that.  How is that in any way wrong?

 

Now when Hunter Biden travels with his Daddy on Air Force 2 to China and comes back with a billion+ investment from the CCP controlled bank I guess that's just business as usual for Democrats.  Nothing to see here. 

 

Now I'll answer your question.  You ask "What does Hunter Biden have to do with Trump and how does it excuse his actions?".   You completely ignore Hunter & Joe's sleazy self dealing right out of AF2 on state visists yet are creaming in your pants to viciously (and incorrectly) attack a completely legit business investment of Trump's from 2012.  That makes you a political hack and a hypocrite.  There...I done spelled it out for you, you White Supremecist Hypocrite!

 

I'LL DO THIS IN ALL CAPS AND BOLD SO YOU'RE SURE TO ANSWER.  IF DONALD TRUMP JR. HAD GONE ON PREDIDENT TRUMP'S CHINA TRIP AND COME BACK WITH A BILLION DOLLAR INVESMENT IN TRUMP ENTERPRISES YOU'D BE TOTALLY OK WITH THAT, RIGHT?  

 

Here's the real story if you're interested...Don't you ever get tired of being wrong?

 

 

"Back in 2012, the building was refinanced with a $950 million loan from a consortium of banks that included the Bank of China, which had already become one of the largest lenders to commercial real estate in the U.S. The other lenders at the time were the commercial real estate financing units of Deutsche Bank, UBS, and Goldman Sachs.

 

But those loans were then packaged into bonds, commercial mortgage-backed securities, and sold to investors. Wells Fargo serves as the master servicer, meaning any payments on the loans would go to Wells rather than the Bank of China. The bonds are owned by a wide range of investors, including mutual funds managed by Vanguard, J.P. Morgan Chase and T.D. Ameritrade.

 

 

The securitization happened within days of the closing of the original loan and ended the Bank of China’s role in the loan. As a result, the Bank of China is no longer a direct lender to the building’s partnership—and Trump certainly does not owe tens of millions of dollars to the Chinese lender"

 

So...President Trump made an investment in a company.  The company refinanced a loan from a consortium of banks including BoC.  The loan was packaged and sold to investors within days of the loan closing.  President Trump does not owe millions to Bank of China.  He never really did.  But even the company he invested in does not owe millions to Bank of China.  It's all a democrat Trump deranged hit because they're worried about Joe and Hunter's dealings with China and how limp Joe has been on his dealings with China.

 

I'll expect an apology to President Trump shortly from you democrats in this thread for falsely accusing him.  Then I'll expect the mainstream media to correct their headlines "Trump Owes Millions to China Bank".  I got a feeling I'll be waiting a long time.  Becuase you guys no longer care about the Truth.  Because you're so deranged you no longer care about anything but bringing down President Trump.  It's a sickness.

Edited on Apr 25, 2020 7:17am
Originally posted by: Charles

First of all you allege Trump owes millions to the Bank of China.  This ends up being false which I shall prove shortly.  But even if it was true that a business he was a passive investor in years before he became president borrowed from the Bank of China, there would be absolutely nothing wrong with that.  How is that in any way wrong?

 

Now when Hunter Biden travels with his Daddy on Air Force 2 to China and comes back with a billion+ investment from the CCP controlled bank I guess that's just business as usual for Democrats.  Nothing to see here. 

 

Now I'll answer your question.  You ask "What does Hunter Biden have to do with Trump and how does it excuse his actions?".   You completely ignore Hunter & Joe's sleazy self dealing right out of AF2 on state visists yet are creaming in your pants to viciously (and incorrectly) attack a completely legit business investment of Trump's from 2012.  That makes you a political hack and a hypocrite.  There...I done spelled it out for you, you White Supremecist Hypocrite!

 

I'LL DO THIS IN ALL CAPS AND BOLD SO YOU'RE SURE TO ANSWER.  IF DONALD TRUMP JR. HAD GONE ON PREDIDENT TRUMP'S CHINA TRIP AND COME BACK WITH A BILLION DOLLAR INVESMENT IN TRUMP ENTERPRISES YOU'D BE TOTALLY OK WITH THAT, RIGHT?  

 

Here's the real story if you're interested...Don't you ever get tired of being wrong?

 

 

"Back in 2012, the building was refinanced with a $950 million loan from a consortium of banks that included the Bank of China, which had already become one of the largest lenders to commercial real estate in the U.S. The other lenders at the time were the commercial real estate financing units of Deutsche Bank, UBS, and Goldman Sachs.

 

But those loans were then packaged into bonds, commercial mortgage-backed securities, and sold to investors. Wells Fargo serves as the master servicer, meaning any payments on the loans would go to Wells rather than the Bank of China. The bonds are owned by a wide range of investors, including mutual funds managed by Vanguard, J.P. Morgan Chase and T.D. Ameritrade.

 

 

The securitization happened within days of the closing of the original loan and ended the Bank of China’s role in the loan. As a result, the Bank of China is no longer a direct lender to the building’s partnership—and Trump certainly does not owe tens of millions of dollars to the Chinese lender"

 

So...President Trump made an investment in a company.  The company refinanced a loan from a consortium of banks including BoC.  The loan was packaged and sold to investors within days of the loan closing.  President Trump does not owe millions to Bank of China.  He never really did.  But even the company he invested in does not owe millions to Bank of China.  It's all a democrat Trump deranged hit because they're worried about Joe and Hunter's dealings with China and how limp Joe has been on his dealings with China.

 

I'll expect an apology to President Trump shortly from you democrats in this thread for falsely accusing him.  Then I'll expect the mainstream media to correct their headlines "Trump Owes Millions to China Bank".  I got a feeling I'll be waiting a long time.  Becuase you guys no longer care about the Truth.  Because you're so deranged you no longer care about anything but bringing down President Trump.  It's a sickness.


Copy and pasted from Breitbart!!!!

 

You know, the place that called COVID-19 an "info-demic" based on lies, and not nearly as bad as SARS.

 

Can't you smell the credibility?

Oh yeah.  When you can't attack the message, attack the messenger.  What exactly is incorrect?

 

Oh lookie here.  Mister Picture's original credible source Politio has changed their heading to:

Trump owed tens of millions to Bank of China instead of Trump owes tens of millions to Bank of China.

You think that might be an important part of the story?  I'll be waiting for Mr Picture to correct his headline and apologize for misleading the forum.  Don't you ever get tired of being wrong?

 

Here's MP'S Credible source climbing back under a rock:

 

"After the first version of this article was published, the Bank of China issued a statement Friday evening stating that it sold its debt on the building weeks after the 2012 loan on the property. Vornado Realty Trust owns 70 percent of the building.

“On November 7, 2012 several financial institutions including the Bank of China participated in a commercial mortgage loan of $950 million to Vornado Realty Trust,” said Peter Reisman, managing director and chief communications officer of Bank of China U.S.A. “Within 22 days, the loan was securitized and sold into the [commercial mortgage-backed securities] market, as is a common practice in the industry. Bank of China has not had any ownership interest in that loan since late November 2012.”

 

And I see none of the other mainstream media sources have apologized and corrected thier stories.  I wonder why.  The Truth Matters.

Edited on Apr 25, 2020 7:09am

Charles, you're a Trump-licking dumb fuck. Copy and paste all the stupid alt-right shit you want. What you think or say doesn't matter.

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