A New York Times investigation into the financial maze of Donald J. Trump’s real estate holdings in the United States reveals that companies he owns have at least $650 million in debt.
That is nearly twice the amount apparent in his federal election filing.
“I am the king of debt,” Mr. Trump once said on CNN. “I love debt.” But in his career, debt has sometimes gotten the better of him, leading to at least four business bankruptcies.
He is, however, quick to stress that these days his companies have very little debt.
Read Full Article:Trump’s Empire: A Maze of Debts and Opaque Ties