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Statesman
 
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Joined: 15 Aug 2000, 8:59 am

Post 07 Dec 2017, 3:22 pm

fate
Actually, they don't conflate business with personal finances. But, what would you know?

Why don't you return to the point you were trying to make...
Fate
No, it doesn't. It makes his businesses oft-bankrupted. Trump himself has never been


If you actually believe that banks don't conflate the two, then what point were you trying to make? The author was talking about Trump run businesses....and you brought in his personal status.

And whatever you think the law says, banks choose who to give loans to.... A persons entire business record, AND personal record will be considered...
The reason Trump was doing business with the Germans is because he couldn't find American banks, or anyone else, willing to take a risk on him. Why? Because he had a record of 6 bankruptcies and delinquent payments...
You attempt to defend some difficult positions Fate. But taking the stand that Trump possesses a Stirling credit record because he's never gone personally bankrupt is truly bizarre.
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Post 07 Dec 2017, 4:23 pm

[quote="rickyp"If you actually believe that banks don't conflate the two, then what point were you trying to make? The author was talking about Trump run businesses....and you brought in his personal status. [/quote]

Hint: the author of the article had an ax to grind. HE conflated the two; I wanted to point out his error.

"oft-bankrupt magnate."


A "magnate" is a person. So, the author was WRONG. Get it?

And whatever you think the law says, banks choose who to give loans to.... A persons entire business record, AND personal record will be considered...


So, why did they keep loaning Trump's companies money? After all, who would put up with 6 bankruptcies?

But, seriously, why can't you just admit you don't know what you're talking about? Or, better yet, stop making an ass of yourself?

The reason Trump was doing business with the Germans is because he couldn't find American banks, or anyone else, willing to take a risk on him. Why? Because he had a record of 6 bankruptcies and delinquent payments...


Prove it. Prove that was why he was doing business with a German bank.

You attempt to defend some difficult positions Fate. But taking the stand that Trump possesses a Stirling credit record because he's never gone personally bankrupt is truly bizarre.


Um, firstly, it's "sterling."

Secondly, pointing out the errors in the swill you post is not defending Trump. Personal does not equal business. That's why corporations, companies, and LLC's exist. Otherwise, when your company went broke, your home and everything else would go down with it.

Business bankruptcy is not an unknown tactic. Here are some examples:

https://www.huffingtonpost.com/2013/07/ ... 73298.html

You'll notice a Trump corp is on this list. Ch. 11 is not necessarily the end of a company.
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Statesman
 
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Post 08 Dec 2017, 9:44 am

fate
A "magnate" is a person. So, the author was WRONG. Get it?


A person who was in charge of six bankruptcies...
So the author got it right.

The distinction you want to draw is meaningless.

Fate
So, why did they keep loaning Trump's companies money? After all, who would put up with 6 bankruptcies?


American banks stopped doing business with him. According to the Wall Street Journal.
https://www.wsj.com/articles/when-donal ... 1458379806

Fate
Prove it. Prove that was why he was doing business with a German bank.

Yopu prove that the Wall Street Journal is wrong....
Meanwhile Meuller is following the money to Trumps trough. Because this question you ask is what will undo Trump.

Fate
So, why did they keep loaning Trump's companies money?



Fate
You'll notice a Trump corp is on this list. Ch. 11 is not necessarily the end of a company.

And the reason is that many creditors have to take a hair cut when a settlement is put into place by the courts.
Its that frequent experience by American creditors that forced Trump to go outside of the US to find funds .
Again, I'll refer you to the WSJ.
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Post 08 Dec 2017, 10:02 am

rickyp wrote:fate
A "magnate" is a person. So, the author was WRONG. Get it?


A person who was in charge of six bankruptcies...
So the author got it right.

The distinction you want to draw is meaningless.


Here's a meaningless distinction for you: the truth and a lie.

You read a lie and pronounce it the truth.

You're a prevaricator.

Fate
Prove it. Prove that was why he was doing business with a German bank.

Yopu prove that the Wall Street Journal is wrong....
Meanwhile Meuller is following the money to Trumps trough. Because this question you ask is what will undo Trump.


Because you say so.

And yet, you do not understand anything about bankruptcy laws. You don't understand the difference between personal bankruptcy and corporate bankruptcy.

I dunno. Seems Trump's companies owe lots to several banks, including Goldman Sachs. https://www.cbsnews.com/news/report-don ... n-in-debt/

Not my problem.

However, all this huffing and puffing and no evidence is really feeble. Let me know when there is more than smoke and mirrors.

Meanwhile, there is more concern *about* the investigation than evidence produced *by* the investigation. We're learning all kinds of things about the investigators--how much they hated Trump and loved Hillary, for example. In fact, it's getting to the point of the investigation losing credibility.
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