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originally posted by: LumenImagoDei
a reply to: Krakatoa
Hey, that just means Trump is exactly like the most corrupt politicians. Not sure how that makes Trump look any better though.
After he loaned Trump $300 million to build one of his towers (in Chicago no less, Obama's stomping grounds) only to forgive him of the loan not long after
That article is 12 years old! Not only was it a loan through several groups, not George Soros personally, by now the original $160 Million has been paid off. But people are working hard to build lies against Trump, so they will use anything they can to trash him. As we have mentioned previously, it’s a conspiracy.
The firm manages most of the multibillion-dollar real estate portfolio of the $13 billion Soros Fund Management, from which Grove Capital was spun off last month.
This claim is confounded by the facts, which show that, “The share of the world population living in democracies (has) increased continuously.”
To build the tower, Trump received several loans primarily from Deutsche Bank for $650 million, but he also lined up a $160 million mezzanine loan* from a group of private investors, Fortress Investment Group, Blackacre Capital, and support from billionaire George Soros, who invested $160 million to help build the Chicago skyscraper. Soros was a key piece in what was the largest construction financing in the city’s history, according to real estate sources and public documents.
Not that you'll accept the source, but here you go: