I think he just tweated something about not bothering because of the lamestream mediaIs there a press conference scheduled for tonight?
I think he just tweated something about not bothering because of the lamestream media
With this story of Trump owing the state bank fo China 100s of millions of $ Congress is going to have an even stronger case to see his Tax Returns when it hits the SC soon.
After the first version of this article was published, the Bank of China issued a statement Friday evening stating that it sold its debt on the building weeks after the 2012 loan on the property. Vornado Realty Trust owns 70 percent of the building.
“On November 7, 2012 several financial institutions including the Bank of China participated in a commercial mortgage loan of $950 million to Vornado Realty Trust,” said Peter Reisman, managing director and chief communications officer of Bank of China U.S.A. “Within 22 days, the loan was securitized and sold into the [commercial mortgage-backed securities] market, as is a common practice in the industry. Bank of China has not had any ownership interest in that loan since late November 2012.”
“On November 7, 2012 several financial institutions including the Bank of China participated in a commercial mortgage loan of $950 million to Vornado Realty Trust,” said Peter Reisman, managing director and chief communications officer of Bank of China U.S.A. “Within 22 days, the loan was securitized and sold into the [commercial mortgage-backed securities] market, as is a common practice in the industry. Bank of China has not had any ownership interest in that loan since late November 2012.”
Another public document, however, lists Bank of China as a creditor on 1290 Avenue of the Americas even after the bank said it was no longer involved in the property. Filed in 2017 with the New York City Department of Finance Office of the Register, it lists the Bank of China as a secured party having a financial interest in the building’s fixtures.
The Bank of China could not explain why its name was listed on the 2017 document, describing it as “technical error.” Trepp, a database of securitized mortgages, also listed the Bank of China along with the three other banks, in a description on their site about the financing of the building. The site noted the Bank of China might securitize their portion of the loan, although there were no additional comments.
The bank pointed to another document filed in 2012 in New York City that showed the mortgage on the property had been assigned to a new financial institution as a trustee for the debt, listing Bank of China as an “assignor/old lender.” But it declined to share additional documentation on the loan.
Vornado Realty Trust, the primary investor in the building, did not reply to a request for comment, and the White House and Trump Organization declined to comment for this story.
^ I'm not a fan of pictures that mock him but IMO he looks a lot better in the picture on the right. Certainly more presidential.
Part of being a man is accepting who and what you are, and living with it. Not hiding behind fake tan, makeup and lies.
I'm the same. He looks far better in the photo on the right. He is in his 70s, embrace it. Combovers look ridiculous at any age and the orange makeup just makes it easier to ridicule him. If he stepped out looking like the pic on the right I'd have a tiny bit of respect for him.
So Bleachgate is the end of the Trump press briefingsLet's all be honest now, every single one of us knew it would end like this, Trump would say something so ridiculously stupid that they'd have to shut it down as his polling was getting worse and worse. In a way I'll miss them as they have been a distraction in these crazy times. I'm sure he'll be back soon though, You can't keep crazy quiet forever.
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