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Yes, Trump’s Lies on Financial Statements Did Cost Businesses Money

Donald Trump claims that no one was harmed when he lied about the value of his assets on statements he made to lenders, because loans were paid off with interest. New York Times columnist, Peter Coy takes this claim far more seriously than he should. T…

Donald Trump claims that no one was harmed when he lied about the value of his assets on statements he made to lenders, because loans were paid off with interest. New York Times columnist, Peter Coy takes this claim far more seriously than he should. The key point that Coy misses is that lenders base More

The post Yes, Trump’s Lies on Financial Statements Did Cost Businesses Money appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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