Politics

Out of context: Reply #20358

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  • utopian7

    Trump holdings have $650M in debt, double the amount he's revealed publicly

    GOP presidential candidate and businessman Donald Trump owes much more in debt than his federal election filings reveal, according to a New York Times investigation.

    Trump also depends on a wide net of backers to fuel his business financially, including one he has attacked during his quest to clinch the presidency, The Times found. His lenders include the Bank of China, a state-owned bank in China, a country he has said is an economic foe of the U.S., The Times noted.

    His businesses have at least $650 million in debt, a figure that is double what his federal election filing shows.

    http://www.nytimes.com/2016/08/2…

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