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applegrove

(118,682 posts)
Thu Jan 5, 2017, 07:14 PM Jan 2017

Trumps Debts Are Widely Held on Wall Street

https://politicalwire.com/2017/01/05/trumps-debts-widely-held-wall-street/

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“The debts of President-elect Donald Trump and his businesses are scattered across Wall Street banks, mutual funds and other financial institutions, broadening the tangle of interests that pose potential conflicts for the incoming president’s administration,” the Wall Street Journal reports.

“Hundreds of millions of dollars of debt attached to Mr. Trump’s properties, some of them backed by Mr. Trump’s personal guarantee, were packaged into securities and sold to investors over the past five years.”


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