Why did they include conditions on liquidity and maintaining a certain net worth? Trump lied to reach the threshold. Like saying his stake in Vornado was a liquid asset to help him reach the required amount of liquidity DB wanted. So while they did assume he was lying about some of his net worth it was also the liquidity which they didnt adjust to assume he was lying about. Theres no reason to think banks have special rules for Trump that apply only to him. If you have increased risk the bank raises the rates.
"Donald Trump will serve a second term as president of the United States.
It’s over."
Little Thethe Nov 19, 2020.
That's Mazar's statement against his. That doesn't make it a fact.
Yes, they made an error in the square footage and corrected it.
Once they corrected the price was right in line with the other properties in NY. Trump's Mar-a-lago is right in line with the estimates.
The judge believes his judgment his better than a professional accountant who went through Trump's books.
Just like how you believed this 454 million bond wasn't excessive you keep buying into what you're being told.
If we took 100 lawyers off the street and asked them who is right in this case the vast majority would say I am.
About the only lawyers who buy into this Trump fraud nonsense being legit are the exact same ones who believe the insurrection act was self-executing.
Mazars statement against his? It was in the contract that Trump signed that he was to turn over all records relating to those properties which includes appraisals.
It wasnt an error in square footage. It was willfully misleading. Trump made public statements at the time it was built with the correct square footage. You can say he forgot over time but this is a man who claims to have one of the greatest memories of all time. If he was a dentist maybe I buy that but he is literally a property developer. I find it hard to believe that a real estate developer forgets the square footage of his own apartment 5 years after he had it built. They showed in the trial that they had no interest in correcting the record when notified. Weaselberg had the correct information in his filing cabinet right outside his office. Never even bothered to look it up after notified. Only after the claim went public did they do anything about it.
https://ag.ny.gov/sites/default/file...p-decision.pdf
Here is the ruling by the Judge. Its very thorough. I suggest you read it because it goes witness by witness with the important details. This wasnt accounting errors or differences of opinion. This was a practice and pattern of deceitful accounting.
"Donald Trump will serve a second term as president of the United States.
It’s over."
Little Thethe Nov 19, 2020.
"Donald Trump will serve a second term as president of the United States.
It’s over."
Little Thethe Nov 19, 2020.
Trump was barely below the threshold. Which was the point of the deceit. No way they give out the loans at that rate if they knew he was significantly below the threshold. Trump knew he had to get to 2.5 billion in net worth and went about reverse engineering to get there.
"Donald Trump will serve a second term as president of the United States.
It’s over."
Little Thethe Nov 19, 2020.
That's Mazar's POV. Reality could be different.
Yes, I've done some of the same thing with some of the square footage of my property due to typos that becomes reality. I committed fraud!!! lol
They corrected it after an article came out and then set the new amount to a correct assessment. Was it fraud? About impossible to prove but the fact they changed it without the government getting involved I'll give them the benefit of the doubt. There should be a fine of 100K or so but that's it. The accountant didn't believe it was done intentionally. Trump's memory is **** so i wouldn't expect him to remember the square footage.
You can do this to about any business out there and there will be a ton of errors in their books. You can also find disgruntled employees and with a corrupt judge and AG you can create a narrative that doesn't exist.
Sorry, this case won't make it through the appeals process.
Last edited by Garmel; 03-25-2024 at 12:34 PM.
You still mistakenly believe that the government's assessment is the correct one. That's why you're can't understand that you're wrong.
I can say for sure that Trump's apartment once corrected and Mar-a-lago seem to be fine. If there was this big conspiracy to deceive it's a bad one when two valuable properties are correct.
The judge saying Mar-a-lago's assessment was far off the appraiser's 18m-27m is a dead giveaway to this case. it's pretty hard to take the judge's opinion seriously after this. This judge also admitted that he makes rulings with his emotions. As i said this will be dead in appeals.
Last edited by Garmel; 03-25-2024 at 12:33 PM.
2016 Republicans "lock her up! lock her up!"
2024 Republicans "A person running for office saying they are going to get a political opponent is wrong"
"Donald Trump will serve a second term as president of the United States.
It’s over."
Little Thethe Nov 19, 2020.
"Donald Trump will serve a second term as president of the United States.
It’s over."
Little Thethe Nov 19, 2020.
2016 Democrats: "A person running for office saying they are going to get a political opponent is wrong, a danger to democracy, and fascist"
2024 Democrats: "Lock him up! Stop at nothing. He didn't pay a contractor once, seize all his assets!!!! Make a countdown timer my voters can masterbate to!!"
Like I said, saying it was an accident depends on a person who claims to having one of the greatest memories of all time who works in real estate forgetting the square footage of his own apartment. Even if he didnt know shouldnt a veteran real estate developer be able to tell the difference between 11,000 and 33,000 square foot? Thats not a small difference. I am no real estate developer but I know my house aint 3,000 square feet and I dont know the square footage. Yeah they corrected the square footage when the claim went public but didnt give two ****s when they were made aware privately.
"Donald Trump will serve a second term as president of the United States.
It’s over."
Little Thethe Nov 19, 2020.
lololol. Damn it, Sturg. You made me choke on my water.
Last edited by Garmel; 03-25-2024 at 01:10 PM.
"Donald Trump will serve a second term as president of the United States.
It’s over."
Little Thethe Nov 19, 2020.
Last edited by Carp; 03-25-2024 at 01:12 PM.