Is our system of justice equipped to deal with trump?

[Billiejeens]

Said institutions testified that they were not shortchanged and were made completely whole on time by TRUMP!.

Again, and I will not let this go, who actually believes a lending institution will loan millions of dollars solely on the word of the applicant? In this case, there are no victims, therefore there should have been no case.

Appellate court will reverse

Probable sanctions to follow.

 

[DBA]

Soldiers follow their commanders. These commanders won't follow Trump against American citizens.

Trump wouldn't order that. Democrats are the ones weaponizing every aspect of the federal government. It started under Obama and has only gotten more prevalent since.

 

[hadit]

Appellate court will reverse

Probale sanctions to follow.

And it is very satisfying indeed to see government lawyers using their closing arguments to beg not to be sanctioned.

 

[Billiejeens]

And it is very satisfying indeed to see government lawyers using their closing arguments to beg not to be sanctioned.

That was always the goal
Help interfere in an election without being penalized for it

Every prosecution was bogus and they all knew it.

 

[DBA]

Do you think the banks did analysis of every property listed on Trump’s balance sheet? Do you think they had an independent appraisal of every property? Do you think they reviewed statements and operating agreements of every LLC?

They didn’t. We know they didn’t.

Right, because they didn't need to. The loan amount was nowhere near his net worth and they knew it. If I wanted a 10k loan and started listing my properties as collateral, they would stop well short of evaluating them all because it would be pointless. It would be a good deal for them and they know it.

It's almost as if you people have never actually owned real estate in your lives.

 

[hadit]

Do you think the banks did analysis of every property listed on Trump’s balance sheet? Do you think they had an independent appraisal of every property? Do you think they reviewed statements and operating agreements of every LLC?

They didn’t. We know they didn’t.

They didn't have to, just the one he offered as collateral. Are you in the group that believes lenders will loan millions of dollars solely on the word of the applicant? I'm trying to get a tally.

 

[Marener]

Right, because they didn't need to. The loan amount was nowhere near his net worth and they knew it. If I wanted a 10k loan and started listing my properties as collateral, they would stop well short of evaluating them all because it would be pointless. It would be a good deal for them and they know it.

It's almost as if you people have never actually owned real estate in your lives.

Stop with the condescension. We are just getting started and I think it’s very likely that I’m much more informed on this issue than you are given your right wing media has done a terrible job informing you about this case.

Why did the bank have a net worth covenant as a requirement to have the loan?

 

[struth]

What don't the appellate judges understand about the loss of revenue to the lending institutions due to lower interest rates offered to trump based on fraudulent representations of the value of his properties?

If borrowers can inflate the value of collateral by hundreds of millions of dollars without consequence then the laws need to be re-written.

The Appealette court understands the case well and rightful called out the AG for their polltical prosecution

 

[Marener]

They didn't have to, just the one he offered as collateral. Are you in the group that believes lenders will loan millions of dollars solely on the word of the applicant? I'm trying to get a tally.

So why did the banks require him to submit statements of financial condition?

 

[hadit]

So why did the banks require him to submit statements of financial condition?

Exactly, they were doing due diligence to make sure he could repay the loan. That is my point, that no bank simply takes the word of the applicant before giving him/her a loan. They have to, wait for it, make sure they don't get defrauded, and in this case, they were not. They were repaid completely and on time, there was no victim, hence should have been no case.

Why are there still people running around squawking that somebody got defrauded when everybody in the case testified that they did not?

 

[Marener]

Exactly, they were doing due diligence to make sure he could repay the loan. That is my point, that no bank simply takes the word of the applicant before giving him/her a loan. They have to, wait for it, make sure they don't get defrauded, and in this case, they were not. They were repaid completely and on time, there was no victim, hence should have been no case.

Why are there still people running around squawking that somebody got defrauded when everybody in the case testified that they did not?

What did the bank do to verify the accuracy of the statement of financial condition?

 

[struth]

Engoron determined trump saved $168 million from paying lower interest rates, which were based on Don's personal guarantee to repay loans based on his false statements of net worth. That $168M saved translates to $168M in lost revenue that lending institutions were not paid.

He repaid the loans, the lenders were happy with him and will continue to do business with him

 

[hadit]

What did the bank do to verify the statement of financial condition?

Whatever they required to ensure they would not get, wait for it, defrauded. It was their call and they were satisfied.

So, again, why are there still people running around squawking about fraud when there were no victims?

 

[hadit]

He repaid the loans, the lenders were happy with him and will continue to do business with him

You're supposed to forget that part.

 

[Marener]

Whatever they required to ensure they would not get, wait for it, defrauded. It was their call and they were satisfied.

So, again, why are there still people running around squawking about fraud when there were no victims?

What are they require to do to verify the accuracy of the statement of financial condition?

 

[struth]

What are they require to do to verify the accuracy of the statement of financial condition?

They don’t have to verify anything, they make their own determination and then make an offer, they don’t rely on the borrowers reports

 

[hadit]

What are they require to do to verify the accuracy of the statement of financial condition?

You tell me, I don't work for them. What I do know is they testified that they were satisfied to give him a loan and he repaid the whole thing on time, NO FRAUD VICTIMS.

So why do some people still run around squawking about fraud?

 

[DBA]

Stop with the condescension. We are just getting started and I think it’s very likely that I’m much more informed on this issue than you are given your right wing media has done a terrible job informing you about this case.

Why did the bank have a net worth covenant as a requirement to have the loan?

Listen, I fully understand that interest rates are based on risk to some extent. No loss was incurred because there is no guarantee that Trump would have accepted higher rates had they proposed them. They weren't the only bank in town. The prosecutors attempted to claim a theoretical loss, when they in fact the bank gained. This case would have had no traction without a liberal judge. None

 

[hadit]

They don’t have to verify anything, they make their own determination and then make an offer, they don’t rely on the borrowers reports

If they did, they wouldn't be in business very long and their loan officers would lose their licenses, some landing in prison.

 

[Marener]

You tell me, I don't work for them. What I do know is they testified that they were satisfied to give him a loan and he repaid the whole thing on time, NO FRAUD VICTIMS.

So why do some people still run around squawking about fraud?

They didn't do anything to verify the accuracy of the statement.