The Soapbox

Joined: 01/04/2001 Posts: 35209
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Deutsche demanded in 2020 that Don produce them accurate

financial statements (Mazar agreed that the compilations Don used were not reliable) or face default.

He sold a DC property and paid off the debt in lieu of producing reliable statements.

If he was such a wonderful credit risk, why did they cut him off due to being as the Deutsche lawyer put it in an email"

"As you know, Donald J. Trump is required under the terms of his loan guarantees to provide annual financial statements to Deutsche Bank and to ensure that those statements 'are true and correct in all material respects,'" the bank's attorney, Gregory Candela, wrote, quoting from the guaranty agreement for the $170 million Old Post Office loan.

(In response to this post by HokieDan95)

Posted: 03/26/2024 at 11:45AM

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