Trump’s disputed financial statements were key to the approval of $232m in loans, but the lender gave sizable ‘haircuts’ to his values, bank official testifies

Trump’s statements were key to the approval of a $125m loan in 2011 for his resort in Doral, Fla., and a $107, loan in 2012 for his Chicago skyscraper, a former Deutsche Bank risk management officer testified.

Trump’s disputed financial statements were key to the approval of $232m in loans, but the lender gave sizable ‘haircuts’ to his values, bank official testifies
Trump’s statements were key to the approval of a $125m loan in 2011 for his resort in Doral, Fla., and a $107, loan in 2012 for his Chicago skyscraper, a former Deutsche Bank risk management officer testified. Read More