Post #14627 by WatchingTheHerd on the US Policy board

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (2)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 5

The judge, however, lifted a ban on Trump’s ability to obtain loans from a New York bank, which could allow him to obtain the necessary funds.

---------------

Of course, removing the ban on obtaining loans from banks operating in NY does not mean those banks will choose to loan him money. He's still got his own reputational (financial / moral) track record to overcome.

The next few days will be interesting. Any bank willing to lend him money is going to have some interesting requirements to back the loan. Whatever he has to do to shuffle assets around could expose other valuation problems in his portfolio that could trigger other debt covenants and bring down more of the empire.

WTH

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (2)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.