Donald Trump and his companies ‘owe more than $1.4 billion’, says Wall Street Journal – Front Page – Top Stories – NZ Herald News

A good businessman or conman?

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Donald Trump’s complicated financial obligations have been laid bare, with reports he owes more than $1.4 billion.Debt

Source: Donald Trump and his companies ‘owe more than $1.4 billion’, says Wall Street Journal – Front Page – Top Stories – NZ Herald News

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6 thoughts on “Donald Trump and his companies ‘owe more than $1.4 billion’, says Wall Street Journal – Front Page – Top Stories – NZ Herald News

      • Where’s the story here?
        Obama broke all records of funding banks and corporations.
        Most companies borrow money – that’s what it’s for!
        It’s what these companies are worth in terms of financial performance and assets that determine debt – if any.
        No company or person is considered to be in “debt” if agreements of repayments are managed properly. This term is only applied when a repayment is reneged upon.
        I don’t see any inclusion of such information here.
        Hidden within the above is one very telling and operative word – “connected”. That could mean a multitude of things couldn’t it? He may have stocks in a firm with big debts which doesn’t mean he owns it or in anyway responsible for debts.
        The bigger the financial concern, the longer it takes for the money to roll in – sometimes it’s years.

      • I think it is the size of the debts that is of concern – plus, of course, the problems that will arise with his positions as President and possession of a huge business empire. There has to be some conflict of interests.

  1. Ask me if anyone, even his supporters, are surprised… It’s time we realize do one gives a hoot what Trump does. He’s not accountable to anything that normal politicians are. That’s the long and short of it. Makes me sick.

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