WSJ: More Than 150 Wall Street Institutions Hold Trump Debt
Source: Talking Points Memo
By MATT SHUHAM Published JANUARY 5, 2017, 5:09 PM EDT
More than 150 financial institutions hold debt from President-elect Donald Trumps businesses or businesses in which he is at least a 30 percent stakeholder, the Wall Street Journal reported Thursday.
That amounts to hundreds of millions of dollars in potential conflicts of interest as Trump prepares to begin his presidency.
When Trump submitted a required financial disclosure form with the Federal Election Commission in May 2015, he listed 16 loans, collectively worth $315 million in debt, that his businesses had received from 10 companies, according to the newspaper.
The Journal's analysis goes beyond those loans and includes debt held by companies in which Trump is at least a 30 percent stakeholder, including, for example, the companies which control 1290 Avenue of the Americas.
Read more: http://talkingpointsmemo.com/livewire/report-over-150-institutions-hold-trump-debt
SayItLoud
(1,702 posts)Only way to confront this POS on conflicts is with his signed and submitted tax returns. Even then nothing might come of it. So many conflicts, illegal charitable manipulations, insider trading (then and who knows now when the Ahole tweets and sellers short Ford, GM, Carrier, etc etc etc). And still I've not read or heard of any agency SEC, FBI, FEC doing one iota of a thing to him or even his companies or kids companies.
We have, ladies and gentlemen of America a DICK-tator who tweets policy, emotions and lies on a daily basis.
ffr
(22,670 posts)olddad56
(5,732 posts)oh yeah, and the fact that the election was rigged.
I agree with the revolting part, we should be revolting.
NobodyHere
(2,810 posts)So this is no biggie