Trump Sought a Loan During the 2016 Campaign. Deutsche Bank Said No.
Source: NY Times
Donald J. Trump was burning through cash.
It was early 2016, and he was lending tens of millions of dollars to his presidential campaign and had been spending large sums to expand the Trump Organization’s roster of high-end properties.
To finance his business’s growth, Mr. Trump turned to a longtime ally, Deutsche Bank, one of the few banks still willing to lend money to the man who has called himself “The King of Debt.”
Mr. Trump’s loan request, which has not been previously reported, set off a fight that reached the top of the German bank, according to three people familiar with the request. In the end, Deutsche Bank did something unexpected. It said no.
Senior officials at the bank, including its future chief executive, believed that Mr. Trump’s divisive candidacy made such a loan too risky, the people said. Among their concerns was that if Mr. Trump won the election and then defaulted, Deutsche Bank would have to choose between not collecting on the debt or seizing the assets of the president of the United States.
Two of the people familiar with the loan request said the Trump Organization had been seeking to borrow against its Miami resort to pay for work on a golf property in Turnberry, Scotland.
A Trump Organization spokeswoman, Amanda Miller, denied that the company had needed outside funding for Turnberry.
Read more: https://www.nytimes.com/2019/02/02/business/trump-deutsche-bank.html?action=click&module=Top+Stories&pgtype=Homepage&fbclid=IwAR0tPX4OL62waqb7_JYCZJNozjgE4Mg9x-DD2hC9FZCLPL0attZbrKOXBq0
I'm wondering if he went to Russia for financial help? That would sure explain a lot.
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whether it's true or not is debatable. About 80% of everything that comes out of Trump's Quarter Pounder w/cheese hole are total lies. I'd say the 15 million pound number is far more accurate than the 150-200 million pound number. Trump is now, and has always been, cash poor. He values his name as his greatest asset. Really. He figures the name "Trump" is worth around $3 billion. 
Really! It isn't worth a steaming pile of crap right now.
is because he values the name "Trump" to be worth $3 billion. Really! How deluded can one person be? After his failed and disgraced presidency is over the name "Trump" won't be worth a steaming pile of cow shit. When the SDNY and New York State Attorney General are finished with this cockroach I hope he's completely broke, that the government has taken everything for back taxes (in bankruptcy he could keep his penthouse, but not so for taxes) and he's living in a cardboard box with nothing but hundreds of his 20ft. long red ties to keep him and Melanie warm. That would warm the cockles of my heart, and my cockles could us a serious warming right now.
No kidding! 
& recommend!
