funandsuninbangkok Posted June 18, 2017 Share Posted June 18, 2017 1 minute ago, onthesoi said: 87% Hum. Democrat right? Link to comment Share on other sites More sharing options...
Rhys Posted June 18, 2017 Share Posted June 18, 2017 ...and still a x holster.... Link to comment Share on other sites More sharing options...
iReason Posted June 18, 2017 Share Posted June 18, 2017 (edited) 42 minutes ago, funandsuninbangkok said: Donald's biggest lender. Prime US financial company That's it? That's all ya got? "A somewhat obscure outfit"? That's the best mr. "Billionaire" could do? Meet The Obscure Company That Just Lent Trump Even More Money "On Friday, the nonpartisan Office of Government Ethics released Trump’s 2017 personal financial disclosure form, a helpful but hardly exhaustive accounting of the president’s vast holdings—income, assets, and liabilities." "On the liabilities side of the ledger, there is something new to be found." "The entity that refinanced the UBS loan was Ladder Capital Finance, a small, somewhat obscure outfit that isn’t a bank at all, but rather what’s known as a real estate investment trust or REIT." http://www.motherjones.com/politics/2017/06/trump-ladder-capital-loan/ Exclusive: Trump financier Ladder Capital explores sale - sources "Ladder Capital Corp (LADR.N), a real estate investment trust which has bankrolled much of U.S. President-elect Donald Trump's property development, is exploring the possibility of a sale, according to people familiar with the matter." "The move comes as Ladder grapples with new regulations making selling on mortgages more difficult." "Founded in 2008, it has been one of the key lenders that Trump has turned to after his relations with major Wall Street banks soured following some of his business bankruptcies in the 1990s." http://www.reuters.com/article/us-laddercapital-m-a-exclusive-idUSKBN13R276 "Prime"? In case you missed it: "it has been one of the key lenders that Trump has turned to after his relations with major Wall Street banks soured following some of his business bankruptcies in the 1990s." Grasping at straws are ya? BTW, the USB loan was a Swiss bank who sold the note to Ladder. Edited June 18, 2017 by iReason Link to comment Share on other sites More sharing options...
iReason Posted June 18, 2017 Share Posted June 18, 2017 (edited) 41 minutes ago, Dagnabbit said: Yes - damn those facts! Made it home safely I see. Albiet a bit worse for wear... Edited June 18, 2017 by iReason Link to comment Share on other sites More sharing options...
onthesoi Posted June 18, 2017 Share Posted June 18, 2017 1 hour ago, funandsuninbangkok said: Hum. Democrat right? you pay 21 mill to borrow 300 mill. You make 600 mill profit. % return ? In the real world you invested(or exposed to risk) 321M to make a profit of 600M. IN: 321M OUT: 921M = PROFIT: 600M/87% Some people might say the profit is greater because you borrowed 300M & only really invested 21M, but in actual fact £321M is exposed to risk, so that is the real number invested, anything else is fantasy economics, regardless of what Trump says in his book Link to comment Share on other sites More sharing options...
metisdead Posted June 18, 2017 Share Posted June 18, 2017 Inflammatory posts and replies have been removed. Link to comment Share on other sites More sharing options...
funandsuninbangkok Posted June 19, 2017 Share Posted June 19, 2017 8 hours ago, iReason said: That's it? That's all ya got? "A somewhat obscure outfit"? That's the best mr. "Billionaire" could do? Meet The Obscure Company That Just Lent Trump Even More Money "On Friday, the nonpartisan Office of Government Ethics released Trump’s 2017 personal financial disclosure form, a helpful but hardly exhaustive accounting of the president’s vast holdings—income, assets, and liabilities." "On the liabilities side of the ledger, there is something new to be found." "The entity that refinanced the UBS loan was Ladder Capital Finance, a small, somewhat obscure outfit that isn’t a bank at all, but rather what’s known as a real estate investment trust or REIT." http://www.motherjones.com/politics/2017/06/trump-ladder-capital-loan/ Exclusive: Trump financier Ladder Capital explores sale - sources "Ladder Capital Corp (LADR.N), a real estate investment trust which has bankrolled much of U.S. President-elect Donald Trump's property development, is exploring the possibility of a sale, according to people familiar with the matter." "The move comes as Ladder grapples with new regulations making selling on mortgages more difficult." "Founded in 2008, it has been one of the key lenders that Trump has turned to after his relations with major Wall Street banks soured following some of his business bankruptcies in the 1990s." http://www.reuters.com/article/us-laddercapital-m-a-exclusive-idUSKBN13R276 "Prime"? In case you missed it: "it has been one of the key lenders that Trump has turned to after his relations with major Wall Street banks soured following some of his business bankruptcies in the 1990s." Grasping at straws are ya? BTW, the USB loan was a Swiss bank who sold the note to Ladder. So Pres Trump can and does borrow from a publicly traded Company. You ought to by some shares. Link to comment Share on other sites More sharing options...
funandsuninbangkok Posted June 19, 2017 Share Posted June 19, 2017 6 hours ago, onthesoi said: you pay 21 mill to borrow 300 mill. You make 600 mill profit. % return ? In the real world you invested(or exposed to risk) 321M to make a profit of 600M. IN: 321M OUT: 921M = PROFIT: 600M/87% Some people might say the profit is greater because you borrowed 300M & only really invested 21M, but in actual fact £321M is exposed to risk, so that is the real number invested, anything else is fantasy economics, regardless of what Trump says in his book Value at risk and total return are two completely different things. If if you understood business, you would know there are many ways to hedge risk. Anyway vote Bernie. You deserve his kind of finances, Trotskyism. Link to comment Share on other sites More sharing options...
Traveler19491 Posted June 19, 2017 Share Posted June 19, 2017 (edited) 11 hours ago, funandsuninbangkok said: Wrong oh my financial fudge cycle http://www.laddercapital.com/ Donald's biggest lender. Prime US financial company Wrong again. Trump owes Deutsche Bank $362 million. He owes Ladder Capital $282 million. So, unless arithmetic has somehow suddenly turned upside down, that means that Ladder is his number two lender. Also note, Ladder is not a major player in the money markets. It is more of a brokerage house that works with the likes of Deutsche Bank, Goldman Sachs, and others to put loans together which it then turns around and sells to investors. And your adjective..."Prime". Seriously? (Donnie? Is that you? Your staff finally take your Twitter away and now you've had to come to TV to get the message of your "greatness" out?) "Ladder Capital is not a traditional bank or a big name on Wall Street..." "Ladder Capital is a small Wall Street firm that specializes in loaning money for commercial real estate projects..." It is NOT a bank. The contention was that American banks would not lend to Trump. That contention still remains true. Nice try, though. http://www.motherjones.com/politics/2016/12/guide-donald-trump-debt/ Edited June 19, 2017 by Traveler19491 Link to comment Share on other sites More sharing options...
stevenl Posted June 19, 2017 Share Posted June 19, 2017 21 minutes ago, Traveler19491 said: Wrong again. Trump owes Deutsche Bank $362 million. He owes Ladder Capital $282 million. So, unless arithmetic has somehow suddenly turned upside down, that means that Ladder is his number two lender. Also note, Ladder is not a major player in the money markets. It is more of a brokerage house that works with the likes of Deutsche Bank, Goldman Sachs, and others to put loans together which it then turns around and sells to investors. And your adjective..."Prime". Seriously? (Donnie? Is that you? Your staff finally take your Twitter away and now you've had to come to TV to get the message of your "greatness" out?) "Ladder Capital is not a traditional bank or a big name on Wall Street..." "Ladder Capital is a small Wall Street firm that specializes in loaning money for commercial real estate projects..." It is NOT a bank. The contention was that American banks would not lend to Trump. That contention still remains true. Nice try, though. http://www.motherjones.com/politics/2016/12/guide-donald-trump-debt/ According to the OP: Quote The 98-page disclosure document posted on the ethics office's website showed liabilities for Trump of at least $130 million to Deutsche Bank Trust Company Americas, a unit of German-based Deutsche Bank AG. For example, Trump disclosed a liability to Deutsche exceeding $50 million for the Old Post Office, a historic Washington property where he has opened a hotel. Trump reported liabilities of at least $110 million to Ladder Capital Corp , a commercial real estate lender with offices in New York, Los Angeles and Boca Raton, Florida. So quite a difference from Mother Jones. I have no idea who is correct, though I presume the Ops numbers are the numbers as DT gave them (therefor unreliable). Link to comment Share on other sites More sharing options...
owl sees all Posted June 19, 2017 Share Posted June 19, 2017 11 hours ago, onthesoi said: 100% Which means you have lost all your investment!! Link to comment Share on other sites More sharing options...
Traveler19491 Posted June 19, 2017 Share Posted June 19, 2017 23 minutes ago, stevenl said: According to the OP: So quite a difference from Mother Jones. I have no idea who is correct, though I presume the Ops numbers are the numbers as DT gave them (therefor unreliable). I would tend to agree with you. Just the fact that he is required by the ethics laws (c'mon...Trump/ethics???) to disclose all of his debt does not in any way mean that he has. I'm sure he has some very "creative" ways of claiming that debt he owes is not his. From the Mother Jones article: " is a list of all the financial players that Trump owes money to and how much Trump directly has borrowed from each one. This roster is based on publicly available loan documents. According to his own public disclosure, Trump, as of May, was on the hook for 16 loans worth at least $713 million. This list does not include an estimated $2 billion in debt amassed by real estate partnerships that include Trump. One of those loans is a $950 million deal that was cobbled together by Goldman Sachs and the state-owned Bank of China—an arrangement that ethics experts believe violates the Constitution’s emolument clause, which prohibits foreign governments from providing financial benefits to federal officials." Link to comment Share on other sites More sharing options...
tomwct Posted June 19, 2017 Share Posted June 19, 2017 Who Care's? Get a Life! President Trump Making America Great Again one day at a time! Link to comment Share on other sites More sharing options...
pegman Posted June 19, 2017 Share Posted June 19, 2017 11 hours ago, iReason said: That's it? That's all ya got? "A somewhat obscure outfit"? That's the best mr. "Billionaire" could do? Meet The Obscure Company That Just Lent Trump Even More Money "On Friday, the nonpartisan Office of Government Ethics released Trump’s 2017 personal financial disclosure form, a helpful but hardly exhaustive accounting of the president’s vast holdings—income, assets, and liabilities." "On the liabilities side of the ledger, there is something new to be found." "The entity that refinanced the UBS loan was Ladder Capital Finance, a small, somewhat obscure outfit that isn’t a bank at all, but rather what’s known as a real estate investment trust or REIT." http://www.motherjones.com/politics/2017/06/trump-ladder-capital-loan/ Exclusive: Trump financier Ladder Capital explores sale - sources BTW, the USB loan was a Swiss bank who sold the note to Ladder. I wonder if it has been reported how many cents on the $? Link to comment Share on other sites More sharing options...
Brian Allen Posted June 19, 2017 Share Posted June 19, 2017 On 6/16/2017 at 11:44 PM, stevenl said: If, and that is a big if, this is true, 315 million owned on assets of 1,4 billion is not bad at all. But how about the missing billions, where are those? President Trump values the TRUMP "brand" somewhere north of Three Billion Dollars. Six Billions to go. (But also seems given to placing actual value on projections) Link to comment Share on other sites More sharing options...
dutchisaan Posted June 19, 2017 Share Posted June 19, 2017 58 minutes ago, tomwct said: Who Care's? Get a Life! President Trump Making America Great Again one day at a time! Link to comment Share on other sites More sharing options...
Thakkar Posted June 19, 2017 Share Posted June 19, 2017 Trump supporter debate strategy: 1. Make a claim. - Claim is refuted. 2. Ask for proof. - Proof is provided. 3. Dispute the source. - Other sources are provided. 4. Post link to InfoWars as counter argument. - Post deleted by moderators due to forum rules against brain farts. 5. Deflect to Hillary - Deflection deleted, see above rule. 6. "Who cares? #MAGA!!" - Normal people: "???" T Link to comment Share on other sites More sharing options...
Traveler19491 Posted June 19, 2017 Share Posted June 19, 2017 (edited) 27 minutes ago, Thakkar said: Trump supporter debate strategy: 1. Make a claim. - Claim is refuted. 2. Ask for proof. - Proof is provided. 3. Dispute the source. - Other sources are provided. 4. Post link to InfoWars as counter argument. - Post deleted by moderators due to forum rules against brain farts. 5. Deflect to Hillary - Deflection deleted, see above rule. 6. "Who cares? #MAGA!!" - Normal people: "???" T Welcome to TrumpWorld !!! (Past performance is definitely a guarantee of future results) Edited June 19, 2017 by Traveler19491 Link to comment Share on other sites More sharing options...
Thakkar Posted June 19, 2017 Share Posted June 19, 2017 3 hours ago, Traveler19491 said: Welcome to TrumpWorld !!! (Past performance is definitely a guarantee of future results) Sadly, Trumpworld is also our world. Trump is not the cause of this poisonous, bizzaro discourse, merely the symptom. This state of affairs has been a long time coming. Liberals aren't totally blameless with their haughty dismissiveness and the occasional over-the-top political correctness. Much of the blame though must go to Right Wing shock radio, Fox News, Republican politicians, the gun lobby, money in politics, religion and low civic engagement. Reasoned discourse is dead because logic is dead and this death of logic is almost exclusively on The Right for the simple reason that they are trying to defend things like tax cuts for the rich at the expense of the rest, easy availability of guns when the majority of the country and all data and studies point towards the need for sensible gun control, suppression of minority voters, suppression of women's rights and the insertion of religion into governance, an action expressly prohibited by the constitution. Their platform cannot stand the test of reason or fact, so they discard both. As a friend recently explained it to me succinctly in a message entitled: A Brief History of Logic: 1) True or False 2) True and False 3) True if False 4) False because True 5) Truthy 6) Trumped T Link to comment Share on other sites More sharing options...
ncc1701d Posted June 20, 2017 Share Posted June 20, 2017 Based on past investor relations and history, I don't believe anyone here would lend trump money. Link to comment Share on other sites More sharing options...
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