News for hackers. Stuff that matters.
Re:Trump’s Taxes Show Chronic Losses and Years of Income Tax... by adamiscool8 on Sunday September 27, 2020 @08:56PM (#24611708)
But there's no indication presented this won't all be easily re-financeable, rolled over as most corporate debt is.
Re:Trump’s Taxes Show Chronic Losses and Years of Income Tax... by acdha on Monday September 28, 2020 @10:06AM (#24616711)
You mean other than all of the past problems getting credit which forced him to seek out foreign funding in the first place? His businesses lose money and having so many bankruptcies where his partners have been left holding the bag is going to deter most bankers unless they have other ways to recoup their money.

Here’s an old report about his credit rating - note the “likely to default”:

https://www.foxbusiness.com/politics/trumps-business-credit-...

Here’s an example of what it took for him to get loans in the past:

https://www.nytimes.com/2019/03/18/business/deutsche-bank-do...

Re:Trump’s Taxes Show Chronic Losses and Years of Income Tax... by digitaltrees on Tuesday September 29, 2020 @04:28PM (#24632559)
The only bank that was lending to him, deutsche bank, literally had a board meeting and investigation to determine how he was able to bypass internal controls and get more loans after they had halted lending to him (he basically got the private wealth division to keep going after the commercial division said no more). If that is the most favorable lender left, future loans from anyone seem unlikely.
Re:Trump’s Taxes Show Chronic Losses and Years of Income Tax... by boringg on Sunday September 27, 2020 @08:58PM (#24611728)
True except that this article will make it more challenging given a greater whole picture of his finances for financiers.