Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics

Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (2) |
Author: WatchingTheHerd ✸ HONORARY
SHREWD   😊 😞
Number: of 48520 
Subject: Re: Appeals Court Denies Trump Offer
Date: 02/28/2024 5:25 PM
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) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds