Trump $211 real estate investment from China

Oh look here, Trump doing business with CHAI-NAH...I thought he didn't like them?

In 2012, his real estate partner refinanced one of Trump’s most prized New York buildings for almost $1 billion. The debt included $211 million from the state-owned Bank of China — its first loan of this kind in the U.S. — which matures in the middle of what could be Trump’s second term.

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.

Well stops there, let's see where this goes...Apparently he still owes the money and this was the first time an American business took a loan from a communist country. What's up with both Trump and Biden being involved with business dealing controversies in the same countries? That's weird.

Politico
The Gaurdian
The New Yorker
National Review
Yahoo News
Vanity Fair
Daily Mail UK
Washington Examiner
South China Morning Post

a reply to: game over man

What's the controversy?

Impeach him!

2nd line

a reply to: game over man

The question needs to be asked , why China ?

originally posted by: watchitburn

What's the controversy?

I wonder what top Goverment position did Trump hold back in 2012? I can't remember, was it Sec of State or VP?

originally posted by: gortex

The question needs to be asked , why China ?

IDN ask that to the 100s of American companies doing business with them? The question for 3 decades was why not China, and it seems in the last three years we have been finally learning why not. "Why not" was not a question spoken even once on Obama's watch was it?

a reply to: game over man

rich people like money, regardless of source

originally posted by: watchitburn
a reply to: game over man

What's the controversy?

$211.00 is no big deal? Title should be $211M haha...The controversy I'm assuming is that he attacked Biden for doing business with the same bank. There's probably more controversy, I'm just reporting the news.

a reply to: game over man

Oh. My. God.

International real estate tycoon does business....

Internationally.

Then turns over his business dealings before being sworn in as POTUS.

Here's the smoking gun, RRhheetards!!

Impeach!!!!

originally posted by: Lumenari
a reply to: game over man

Oh. My. God.

International real estate tycoon does business....

Internationally.

Then turns over his business dealings before being sworn in as POTUS.

Here's the smoking gun, RRhheetards!!

Impeach!!!!

Chill with the retard comment, can't think of a more intelligible response? Kook.

Trump needing to take a loan from a Chinese bank makes him a hypocrite and a liar for everything that he has said about CHAI-NAH.

In 2012 the U.S. Federal Reserve approved a Bank of China branch in the U.S. (in New York).

Guess who was President (and Vice-President) back in 2012 ???? 🤣 🤣 🤣 🤣


Fed allows three Chinese banks to expand in U.S.

The Fed also said it will allow the Bank of China, the third largest bank in China, to expand its U.S. operations to Chicago.. At the moment, the Bank of China operated two branches in New York and a limited branch in Los Angeles.

Federal Reserve Approves First Acquisition in the United States by a Chinese Bank

originally posted by: game over man

originally posted by: Lumenari
a reply to: game over man

Oh. My. God.

International real estate tycoon does business....

Internationally.

Then turns over his business dealings before being sworn in as POTUS.

Here's the smoking gun, RRhheetards!!

Impeach!!!!

Chill with the retard comment, can't think of a more intelligible response? Kook.

Trump needing to take a loan from a Chinese bank makes him a hypocrite and a liar for everything that he has said about CHAI-NAH.

Sorry I hurt your feelz... need a hug?

Cause you're not getting one.

A rational person would see that there is a bit of a difference from a business man taking out a loan from a foreign bank and the VP of the United States (in charge of our foreign relations with China at the time) personally enriching himself and his family member(s?) because of his position.

But that would b a rational person.

So not you at all.

a reply to: game over man

Likely where his experience with China lies, maybe? He never said he doesn't like them. He says they are in the markets and play by their own set of rules. This is echoed by many others.

originally posted by: Lumenari

originally posted by: game over man

originally posted by: Lumenari
a reply to: game over man

Oh. My. God.

International real estate tycoon does business....

Internationally.

Then turns over his business dealings before being sworn in as POTUS.

Here's the smoking gun, RRhheetards!!

Impeach!!!!

Chill with the retard comment, can't think of a more intelligible response? Kook.

Trump needing to take a loan from a Chinese bank makes him a hypocrite and a liar for everything that he has said about CHAI-NAH.

Sorry I hurt your feelz... need a hug?

Cause you're not getting one.

A rational person would see that there is a bit of a difference from a business man taking out a loan from a foreign bank and the VP of the United States (in charge of our foreign relations with China at the time) personally enriching himself and his family member(s?) because of his position.

But that would b a rational person.

So not you at all.

Are you trying to get street cred online because you're a republican? Being a republican doesn't make you tough, that's the dumbest thing I have ever read in my life. I wrote in my OP that it's weird Biden has controversies in the same countries as Trump.You need to realize this is a conspiracy theory website not "I'm on this political parties jock" website. Weirdo. I for one have always thought the President is just a rotating chair, and so have many other rational people. But Trump's base thinks of Trump as a King...which is mental...but it is what it is....haha...here is most of the article:

Donald Trump is warning “China will own the United States” if Joe Biden is elected president.

The bank’s initial financing of the property stands out because Trump and his campaign have repeatedly highlighted the same bank's role in a $1.5 billion deal announced in 2013 by partners of Joe Biden’s son, Hunter Biden. Critics of the Bidens have seized on the fact that the agreement materialized just days after Hunter Biden traveled to China with the then-vice president, who was there on official business.

“Why did the Chinese government's bank want to do business with Hunter Biden while his dad was Vice President,” Trump’s campaign asked on Twitter earlier this month. The issue was also raised in a campaign ad the day before, one in a stream of criticisms about the China deal raised by campaign spokespeople and Trump since last year.

The Trump campaign has steadily increased its focus on trying to portray Biden as weak on China amid rising voter disapproval of China, the source of the coronavirus pandemic. Trump surrogate Corey Lewandowski dubbed him “Beijing Biden” in an online campaign event Wednesday. And during a White House news briefing Saturday, Trump said China will “own” the U.S. if Biden wins.

But Trump’s recent criticisms of China have been muddied by his own mixed messaging as well as by his numerous financial ties to the country. Those connections extend far beyond the Avenue of the Americas loan: Chinese state-owned companies are constructing two luxury Trump developments in United Arab Emirates and Indonesia. The president and his daughter Ivanka Trump, a White House adviser, have been awarded trademarks by China’s government. And his son-in-law, Jared Kushner, has courted Chinese investors in at least one other real estate deal.

“We actually explored all these foreign enterprises and how once he became president he’d be seen differently by foreign leaders who would have leverage over this president because he had investments in their countries and/or financial dealings with business enterprises and financial institutions and investors in their countries,” said Rep. Gerry Connolly (D-Va.), a member of the House Oversight Committee. “He is highly conflicted with respect to China.”

Trump has denied he has any conflicts. But he rejected calls to fully separate from his namesake company, which comprises more than 500 businesses and includes properties in nearly two dozen countries, after he was sworn into office. He still owns his business, though he asked his adult sons to run it. His holdings were placed in a trust designed to hold assets for his benefit from which he can draw money at any time without public knowledge.

The building at 1290 Avenue of the Americas is a particular point of pride for Trump, who mentioned it when he announced his candidacy in 2015.

“I beat China all the time,” Trump said during a speech at the time from Trump Tower, adding, “I own a big chunk of the Bank of America building [in San Francisco] and 1290 Avenue of the Americas that I got from China in a war. Very valuable. I love China.”

Trump continues to own that share of both properties, which are touted under the real estate portfolio section of the Trump Organization's website. He is considered a passive investor who doesn’t control the financing or management of 1290 Avenue of the Americas.

The debt stems from a $950 million refinancing deal in 2012, to which the Bank of China chipped in $211 million. With the loan, Bank of China became the first in the nation to enter the U.S. securitization market, according to a 2013 Wall Street Journal article. Vornado's federal financial disclosures show it and the other owner of 1290 Avenue of the Americas — Trump — are still indebted from the 2012 deal.

“While Trump is talking about the former vice president’s son's financial dealings, in Trump’s case, it is the president himself who has a company he still owns and profits from that has financial relationships with the countries that he is supposed to be negotiating with on behalf of the American people,” said Robert Maguire, research director for Citizens for Responsibility and Ethics in Washington.

Who was ever confused about Trump being a blatant globalist corporatist? Who ever bought his 'America first' jabber when he (and familiy) outsourced production to China? Who ever bought his illegal immigrant rants when he himself employed them? Who ever bought all his ridiculous bragging about how much money he has and how he is such a good businessman when he refuses to prove it and his businesses have been a trail of messes? Who ever bought the idea that he himself built what he has and it wasn't merely repeated daddy-loans? Who ever bought... eh you know what, there's really just too many lies, double-speaks, and head shaking hypocrisy to even begin to get into it. But with all of it right out in the open though... who actually bought it?

Oh wait. I know who bought it.

originally posted by: watchitburn
a reply to: game over man

What's the controversy?

People conflating not liking a government with individuals.

originally posted by: okrian
Who was ever confused about Trump being a blatant globalist corporatist? Who ever bought his 'America first' jabber when he (and familiy) outsourced production to China? Who ever bought his illegal immigrant rants when he himself employed them? Who ever bought all his ridiculous bragging about how much money he has and how he is such a good businessman when he refuses to prove it and his businesses have been a trail of messes? Who ever bought the idea that he himself built what he has and it wasn't merely repeated daddy-loans? Who ever bought... eh you know what, there's really just too many lies, double-speaks, and head shaking hypocrisy to even begin to get into it. But with all of it right out in the open though... who actually bought it?

Oh wait. I know who bought it.

Yeah but he was head honcho on the apprentice. Thats got to count for something.

I'd support impeachment proceedings...


if we could impeach members of the electorate for gross ignorance!

a reply to: game over man

Trump has ties with sketchy banks all over the world. No - one cares tho, elites will do what elites do.

a reply to: game over man

I'm an independent and have voted more Democrat for President then Republican in my lifetime.

Not a concept you are going to understand, unfortunately.

No...

What I was trying to point out is that if you get butthurt by coming off as intellectually stunted then perhaps you shouldn't play the part so well.

I understand why you are not going to understand that either.