MSNBC reporter Lisa Rubin said her “jaw almost dropped” when she realized Ivanka Trump’s testimony provided “proof” that Donald Trump “was robbing Peter to Pay Paul.”
Ivanka Trump testified Wednesday in the $250 million civil fraud case against her father. Donald Trump’s adult sons, Donald Trump Jr. and Eric Trump recently testified that they never knew details of the Trump Organization’s accounting practices. Both sons have also been charged in the case.
“At the very end of her direct, they elicited some information that also made my jaw drop, and it’s this: Donald Trump, as part of his lending agreements with Deutsche Bank promised them a number of things. One of them is that he guaranteed that he could repay the principal and the income and the operating expenses of whatever asset he was borrowing for. And that’s a big guarantee,” Rubin said, continuing:
she called them piggy banks because they are dumb vessels… they just do what he tells them, and he treats their “businesses” and bank accounts like temporary money storage for his scams… they already testified to not reading any important documents…
That’s all businesses function as for them all. Split the wealth and they don’t get hit as hard if part of it collapses or one of them is in trouble.