livingston
20×102mm Vulcan
Deutsche Bank, which has been Mr. Trump’s primary lender for two decades, has decided not to do business with Mr. Trump or his company in the future, according to a person familiar with the bank’s thinking. Mr. Trump currently owes Deutsche Bank more than $300 million, which is due in the next few years.
The bank has concluded that, short of forgiving the debt, it has no way to extricate itself from the Trump relationship before the loans come due.
Another longtime financial partner of the Trumps, Signature Bank, also is cutting ties.
Bill Belichick, said he would refuse the Presidential Medal of Freedom because of the “tragic events of last week.” The president had planned to give Mr. Belichick the award on Thursday
The biggest blow came on Sunday, when the P.G.A. of America announced it would strip Mr. Trump’s New Jersey golf club of a major tournament.
Mr. Trump was said to be “gutted” by the P.G.A. decision, according to a person close to the White House, as he had worked personally for years to push the tournament executives to hold events at his courses.
www.nytimes.com
The bank has concluded that, short of forgiving the debt, it has no way to extricate itself from the Trump relationship before the loans come due.
Another longtime financial partner of the Trumps, Signature Bank, also is cutting ties.
Bill Belichick, said he would refuse the Presidential Medal of Freedom because of the “tragic events of last week.” The president had planned to give Mr. Belichick the award on Thursday
The biggest blow came on Sunday, when the P.G.A. of America announced it would strip Mr. Trump’s New Jersey golf club of a major tournament.
Mr. Trump was said to be “gutted” by the P.G.A. decision, according to a person close to the White House, as he had worked personally for years to push the tournament executives to hold events at his courses.
An Urgent Reckoning for the Trump Brand (Published 2021)
Companies and institutions are shunning President Trump and some associates after the attack on the U.S. Capitol. The Trump family business, built on luxury hospitality, is contemplating a reinvention.
