I want to follow up on a point I made over the weekend: the Trump Family’s decisive turn to paying cash as opposed to financing their projects with debt starting in 2006 isn’t just an odd and hard to explain in itself. The shift also dovetails almost perfectly with his shift to reliance on money from Russia and Ukraine. 2006 is also the year when Michael Cohen went to work for the President. It’s also the year the Trump Soho development project got underway.
There are still some important qualifiers to the story.
It represents an immense amount of reporting legwork. …read more
Source: TPM
