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Trump's $40B Argentine giveaway hits major snag as banks balk at loan: report
https://www.rawstory.com/trump-argentina-bailout/Trump's $40B Argentine giveaway hits major snag as banks balk at loan: report
Tom Boggioni
October 21, 2025 11:43AM ET
A Donald Trump proposal to bail out struggling Argentina with a $40 billion loan is bumping up against economic reality with banks being asked to provide half of the amount demanding collateral or federal assurances.
According to a report from the Wall Street Journal, financial institutions, including JPMorgan Chase, Bank of America and Goldman Sachs, are “struggling” to come up with a loan they would feel comfortable with.
… more … bankers finally figured it out …
2 replies
= new reply since forum marked as read
= new reply since forum marked as read
Could the banks foreclose on Argentina?
Once again, Trump writes a check his ass can't cash.
