NY Times breaks the story of a previously undisclosed attempt by Donald Trump to borrow against his resort in Miami for his Turnberry golf resort in Scotland. The paper writes:
“Senior officials at the bank, including its future chief executive, believed that Mr. Trump’s divisive candidacy made such a loan too risky, the people said. Among their concerns was that if Mr. Trump won the election and then defaulted, Deutsche Bank would have to choose between not collecting on the debt or seizing the assets of the president of the United States.”