Man With A Plan
Diamond Member
- May 21, 2023
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The amount loaned to Trump was increased because the branch of the bank that deals with high end clients made that call. So why didn't James and Engeron include them in this law suit?Neither of them were employed by Deutsche Bank.
Their testimony indicates that their independent valuations were increased significantly by McConney, Trump's employees, and did not appear in the statement of financial condition.
What's the point of having an appraiser if the value is whatever the owner wants it to be?
The point of having an appraiser is to give an independent value. Both of those appraisers did their jobs. They gave a value. What the bank chooses to DO with that is totally up to the bank! What is quite obvious is that certain long time customers are given preferential treatment based on their history of loan repayment. You know...the kind of customer that repays the loan in full and ahead of schedule as Trump did?