Opinion | How Trump's business brand went from titanic to toxic in just four years

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Opinion | Zach Everson: How President Trump's business brand went from titanic to toxic in just four years. - NBCNewsTHINK

, in December."Around that time, the bank decided never again to do business with Trump," Enrich said."That preceded the riots that Trump helped incite, but it reflects the great reputational damage that the bank's relationship with Trump had already caused."

As for what happens with the loans, Enrich said sources inside the bank have told him that selling them before maturity isn't an option."Their expectation is that they are going to get their money back," Enrich said, adding that Trump could raise the cash by selling assets or borrowing from non-mainstream lenders outside the formal U.S. banking system.

In the event that Trump doesn't repay Deutsche Bank, Enrich said, its possible recourses include pursuing the debt in the courts or selling the loans to a vulture institution that is willing to play hardball with Trump.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

lol Titanic?

THINK 👽

THINK I GOT A FLASH BULLETIN FOR HIM , HE IS NO MAN ! EITHER IS HIS WIFE AND NEVER MIND HIS KIDS 😠👎🏼👎🏼

THINK He legit had nothing by like the 80’s. It’s always been corrupt. Titanic is too generous

THINK he'll win! watch out for it!

THINK He's got Cousin Vlad's loot. He will grift to the grave. GoodRiddanceTrump

THINK When was it ever titanic! People don’t realize that every asset of his was always Loaned.

THINK Simple explanation: he opened his mouth and let everyone know who he really is.

Singapore Singapore Latest News, Singapore Singapore Headlines