LAWSUIT/TRUMP BUSINESS: “Assuming that he’s telling the truth — and with this President this may be a leap — Donald Trump made at least $434 million last year before expenses. His newly-released financial disclosure form shows much of this money came in the form of rent payments, asset sales, and golf course operations — with numerous other income streams coming from as far away as the Philippines and Turkey. What do the numbers really tell us? Aside from the fact that Trump seems very rich, they indicate that business is down at the President’s Mar-a-Lago resort, but slightly up at the Trump International Hotel in Washington, DC, where one is likely to find sycophants from all over the world. The report, which Trump filed to comply with federal rules, also shows massive liabilities, including five loans of $50 million or more, one in excess of $25 million, and eight in the range of $5 million to $25 million…The most tantalizing figure that can be gleaned from the Trump filing is the aggregate of loans owed to Deutsche Bank, which total at least $130 million. And since many of the figures in the form are reported as a range, that number could be significantly higher.”
–Michael D’Antonio, “Trump’s financial disclosure conceals a ton of secrets,” CNN Politics, CNN.com, May 16, 2019 1:05 am