…every covenant for a bank loan to a business. The terms are simple: You maintain truthful books and records, you attest to us that they are truthful, and we are allowed to review them at any time. There is no “You can lie *just a little bit* on your books and records”…/10
— Kurt Eichenwald (@kurteichenwald) July 1, 2021
…Forget Weisselberg. That is every every corporate defendant, every entity that could have a loan covenant in its name. Every Trump Org bank lender in the world, right now, is looking at this indictment, looking at their covenants, and calling the Trump Org demanding…/12
— Kurt Eichenwald (@kurteichenwald) July 1, 2021
…there may be something I am missing here, but I do not see how the Trump Org survives this without some sort of corrupt deal overseas. But even that seems far-fetched. Instead, it may be the biggest real estate corp bankruptcy in history…./14
— Kurt Eichenwald (@kurteichenwald) July 1, 2021