Trump ordered to pay over $350M for business fraud

Why should I do YOU work for you?
I don’t believe in bowing to Brandolinis law

 

Mmmm, no it's up to the bank to verify the information...lol

Only an idiot wouldn't do that, which the bankers Trump was dealing with aren't idiots and they testified under oath that they did their due diligence.

So, where's the fraud?...lol

 

YOU made the claim. It's up to YOU to back it up...lol

 

Identified by whom? Name three false statements. Do you know what a disclaimer is?

 

https://en.wikipedia.org/wiki/New_York_civil_investigation_of_The_Trump_Organization

 

Exactly. The requester of a loan provides an estimate of what the assets comprising the collateral are worth. The bank may not agree with the valuation and adjust accordingly. That’s exactly what happened.

 

That’s not an answer.

 

Barbara Jones was well rewarded for her part in the trial.

No wonder she was always working against Trump. She knew there was something in it for her...lol...

https://www.marketwatch.com/story/m...ow-overseeing-the-trump-organization-077d4c34

 

Still not up to the bank -

 

Any banker that thinks that is a moron. That's why bankers don't believe that stupid ****...lol

 

And what makes you think that Dershowitz knows more about NY law (Dershowitz lived and practiced law mostly in MA) than Judge Engoron who has served in the NY bench for over 20 years and has been practicing law in NY since 1979

 

Listen and learn.

 

The judge doesn't know the difference between appraised value and assessed value. That proves the judge doesn't know his ass from a hole in the ground...lol

 

Any bank which did not proper analyze valuation and risk would soon be out of business. DB is a fiduciary. Trump’s valuations came with a disclaimer. DB analyzed valuation and determined risk and set the interest rate. The loan was granted and paid back on time with interest.

 

He knows the difference. THe problem is you don't know how to read a piece of legal paperwork.

 

Trump's properties were not just valued appraised or assessed value, they were valued WAY over both.
Trump also misrepresented square footage in his financials.

What you are arguing is that if a person drives down the highway at 150 MPH, and doesn't happen to cause an accident or death, then the speeder
can't be charged with a crime. Law doesn't work that way. Sorry.

 

Notice how most of their response are one liners that are basically trump didndo nothing

And they wonder why they keep loosing court case after court case.

 

It's also illegal in NY to lie about assets.
This is really simple.
Did Trump break NY law? Yes, by strict adherence to the law, he did, accordingly to several judges in NY.
Is Trump some kind of financial genius? Apparently not, because if he did things at least half assed he wouldn't be where he is today.
So best. he's a financial genius that was railroaded and at the least he's a cheating scoundrel that doesn't care about the rule of law.
I submit that Trump is in the middle, he's a spoiled brat that never learned that the rule of law applies to him. but that there are people out to get him.
Seems to me like that's how life goes for the rest of us. And THAT is what Trump's popularity is based upon.
"He's like us, oppressed!" And I can understand that emotion.
BUT, you've picked the wrong representative. Good idea, wrong person. Better luck next time.

 

Trump’s valuations which came with a disclaimer were reviewed by DB and adjusted. The loan was granted and repaid with interest. No fraud.

 

Trump’s valuations which came with a disclaimer were reviewed by DB and adjusted. The loan was granted and repaid with interest. No fraud.

 

LOL, saving this gem for a later date.

 

If I buy a gram of cocaine from a buddy of mine, and he is happy with the money I gave him and I am happy with the cocaine I bought, is there a crime?
One could put forth the situation that Trump AND the lender were benefitting from an illegal act, but that doesn't make the act legal.
They busted him, he should have been more careful, but facts are facts.
And the local laws are laws.

 

It's a conspiracy.

 

No it wasn’t - and if you are going to claim this back it up

 

Yep! There right there is the admission of fraud. An honest broker does not need a dusclaimer. But this was a habit - he has been found to have defrauded other multiple multiple times - he is still doing it to his base - using money donated for campaigns to pay his legal bills