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Rothschilds
Rothschild reacts to Trump's tweet about Federal Reserve
submitted 5 years ago by magnora7 from files.catbox.moe
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[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 5 years ago (1 child)
Interesting about the Taj Mahal, I didn't know that. You might be right that it's mostly theater, or that they're only disagreeing on nitpicking stuff. I don't think Trump's comments are moving the market. The market is just ready to pop, Trump or not.
[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 5 years ago (0 children)
Here's some more on the Taj Mahal bailout: https://www.latimes.com/politics/la-na-pol-wilbur-ross-commerce-20161208-story.html
Ross, then an investment banker working for Rothschild Inc., helped bondholders negotiate with Trump, whose finances were unraveling. The final deal reduced Trump's ownership stake in the Taj but left him in charge, and bondholders were unhappy when Ross presented the plan. "Why did we make a deal with him?" one asked, according to Rosenberg's book. Ross insisted that Trump was worth saving. "The Trump name is still very much an asset," he said.
Ross, then an investment banker working for Rothschild Inc., helped bondholders negotiate with Trump, whose finances were unraveling. The final deal reduced Trump's ownership stake in the Taj but left him in charge, and bondholders were unhappy when Ross presented the plan.
"Why did we make a deal with him?" one asked, according to Rosenberg's book.
Ross insisted that Trump was worth saving.
"The Trump name is still very much an asset," he said.
Here's Wilbur Ross all up in the Syria missling thing Trump did https://upload.wikimedia.org/wikipedia/commons/5/58/President_Donald_Trump_receives_a_briefing_on_a_military_strike.jpg
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[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (1 child)
[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)