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MSNBC The Rachel Maddow Show February 18, 2022 05:07:00

Trump has actually found a lucrative way to get out of that d. c. hotel. he has found a buyer willing to buy the least for him for a cool 300 and $75 million, which is well over the market rate. trump appears to really need that money. like i said, his properties are losing money. he is hundreds of millions of dollars in debt coming due in the next few years. his primary bank, joined bank, has said they will not do any more business with him in the future. oh, did i mention his accountants just quit? at least, at least he has that 375 million dollar deal to sell that d. c. hotel, right? right? today the house oversight committee wrote to the federal agency that manages trump s least on his hotel and said they should consider canceling the lease. why? because his accountants just announced that no one should rely on the financial statements they prepared for trump and their financial statements were what s trump ....

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MSNBC The Rachel Maddow Show February 18, 2022 02:14:00

Agreed to loan trump 100 $70 million for this hotel property. it turns out that they were only given access to two pages of his tax returns. they weren t allowed to keep any copies of financial statements. do you have a theory about why don t should banquet agreed to lend him so much money under those conditions, which is seem extraordinary given the lack of information? deutsche bank, you know, is a very prominent international financial institution. yet, it has always had a strange bromance with donald trump. it has cut corners. it s loaned when no one else would. it has taken very risky moves to finance investments that nobody else will touch. it has given him favorable treatment. as it did in this circumstance. what s bank, in its right mind, would loan anybody 100 and $70 million based on two pages on ....

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MSNBC The Rachel Maddow Show February 18, 2022 05:14:00

Financial institution. yet, it has always had a strange bromance with donald trump. it has cut corners. it s loaned when no one else would. it has taken very risky moves to finance investments that nobody else will touch. it has given him favorable treatment. as it did in this circumstance. what s bank, in its right mind, would loan anybody 100 and $70 million based on two pages on very thin gruel of by way of financial disclosure? that is reckless behavior by financial situation. the nature of the relationship between the trump organization, donald trump personally, and deutsche bank, is something that i think is highly questionable. it s worthy of examination by the da, by the u.s. attorney, and by, frankly, the department of justice. ....

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MSNBC The Rachel Maddow Show February 18, 2022 02:07:00

May not even be the worst thing that is happened to donald trump as a result of those dodgy financial statements. as you know, donald trump runs a hotel, just down the street from the white house. he doesn t on the building itself, though. he leases the govern the building from a federal government under a deal struck in 2013 before his president. like many of his properties, the trump hotel has been losing money. on like his other properties, trump has actually found a lucrative way to get out of that d.c. hotel. he has found a buyer willing to buy the least for him for a cool 300 and $75 million, which is well over the market rate. trump appears to really need that money. like i said, his properties are losing money. he is hundreds of millions of dollars in debt coming due in the next few years. his primary bank, joined bank, has said they will not do any more business with him in the future. oh, did i mention his accountants just quit? at least, at least he has that ....

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