Lutecia James won’t stop her vendetta against Trump

[Toddsterpatriot]

In early 2013 no American bank was willing to loan Trump, or his company, Jack squat. Later that year Trump starts working with Russia, got a beauty pageant to run you know.

Was that after Obama said he'd be more flexible after the 2012 election?

 

[MagicMike]

He doesn’t hate his country. That’s why he voted for Trump and to stop the destructive Democrat policies.

Bullshit!
Trump is the most UN-AMERICAN POTUS our nation has ever seen.
Your support of him is pure cultism, not patriotism.

 

[80zephyr]

Do that now and you'll get your dick in a wringer. There are specific laws against it.

But I live in Florida, which is a little rough. Getting a house to appraise down here isn't always a slam dunk. At all. Not anymore. That shit stopped around 2009.

Robert W is correct. Thats the way it used to be, and not because people were being deceitful, both sides
wanted a deal done.

 

[80zephyr]

And what if you were legally forbidden from developing the land? Can you still claim it’s half a million per acre?

There are ways to get around that. I would have to see the easement requirements.

 

[80zephyr]

The appraiser said it’s worth $15 million. What’s unique about an empty piece of land?

Highest and best use. What it is today does not mean it will be that tomorrow. I bought some farmland and developed it. Was the developed land worth the same amount as the farm land?

 

[80zephyr]

Bullshit!
Trump is the most UN-AMERICAN POTUS our nation has ever seen.
Your support of him is pure cultism, not patriotism.

If patriotism means open borders, men in womens sports, and being weak on crime...I guess I'm not a patriot.

 

[buckeye]

Don Hankey, the billionaire chairman of Knight Insurance Group, told NBC News he was negotiating to post a far heftier bond of $557 million with the Trump Organization when the state Appellate Division lowered the required bond to $175 million. A bond for that amount was posted Monday night, underwritten by Hankey's Knight Specialty Insurance Co. Hankey said the bond was fully collateralized by cash from Trump's company.

From 'practical impossibility' to done deal: How Trump posted the $175 million bond in his civil fraud case

Negotiations were underway to post a $557 million bond when an appeals court reduced the bond, according to one of the participants, billionaire Don Hankey.

www.nbcnews.com

For fully cash-collateralized surety bonds, the premium rate is typically very low, often under 1% of the total bond amount. The rate reflects the minimal risk taken by the surety company, as the bond is secured by liquid assets rather than relying on the applicant's creditworthiness. In some cases, the interest earned on the cash collateral may even offset or exceed the premium

Google Search

From your NBC link: A bond for that amount was posted Monday night, underwritten by Hankey's Knight Specialty Insurance Co. Hankey said the bond was fully collateralized by cash from Trump's company. "It was a good experience," Hankey said.

From your Google link:

• Premium: The annual premium for a fully cash-collateralized bond is the low percentage fee charged by the surety for issuing and managing the bond. This covers administrative and underwriting costs, with the rate based on the reduced risk to the surety.
• Collateral: The collateral is the full cash amount of the bond, which you deposit with the surety and which is returned to you once the bond is exonerated (or canceled).

Trump put the full 175 million up for the surety bond. So 175 million of his dollars has NOT been earning interest and not available to him since Engoran's original outrageous bond got slapped down the first time.

So Trump not only lost the premium, he lost the use of 175 million because of Engoran's giant over reach.

Anyone not seeing Engoran as a hack has no idea what the law is or is a partisan hack, too.

 

[80zephyr]

You put on the form what the property is worth at the time. If somebody wants to pay ten times what the form says, good on them

What they usually do in that situation is, make a deal for what ever amount, say a half mill an acre. The Developer gives you 10% down, let's say $250k on 5 Acres. THEN, the Developer puts a house or two on it or starts construction of his Strip Club, THEN goes to the Bank and gets a new appraisal for half-mill an acre. $-???

Takes about a year, maybe a little more, before you get your money.

Your numbers are a little wild but -- They're just numbers. Do you get my point about how it's done? That's all that matters.

Eezy-Peezy. No fraud, no lies, no bullshit, no dimocrap scumism -- Just business. Smart Business

dimocrap scum can only envision winners and losers. That's all they understand because the only way they know how to make money is to either steal it or scam somebody out of it.

Republicans, Conservatives do the kind of business where both sides profit and nobody loses. That's how we roll. Win-Win. dimocrap scum can't understand that. Neither can most of the Rest of The World

Don't know how its done in your area, but land use is planned out before putting up anything. And you don't put what "the property is worth" at the time on an appraisal for borrowing purposes. Appraisers must consider the highest and best use of a property to determine its most profitable and legally permissible use, which supports its highest value. This analysis involves evaluating a property's legal permissibility, physical possibility, financial feasibility, and maximum productivity through four tests to arrive at the most valuable use for the site.

 

[Lisa558]

From your NBC link: A bond for that amount was posted Monday night, underwritten by Hankey's Knight Specialty Insurance Co. Hankey said the bond was fully collateralized by cash from Trump's company. "It was a good experience," Hankey said.

From your Google link:

• Premium: The annual premium for a fully cash-collateralized bond is the low percentage fee charged by the surety for issuing and managing the bond. This covers administrative and underwriting costs, with the rate based on the reduced risk to the surety.
• Collateral: The collateral is the full cash amount of the bond, which you deposit with the surety and which is returned to you once the bond is exonerated (or canceled).

Trump put the full 175 million up for the surety bond. So 175 million of his dollars has NOT been earning interest and not available to him since Engoran's original outrageous bond got slapped down the first time.

So Trump not only lost the premium, he lost the use of 175 million because of Engoran's giant over reach.

Anyone not seeing Engoran as a hack has no idea what the law is or is a partisan hack, too.

The interest income on the $175 million should be divided in half beteeen Engoran and James - and deducted from their pay every month for the rest of the lives.

 

[80zephyr]

Is it subjective to say a property is worth more because it has 7 mansions on it when it in fact does not?

Yes

 

[buckeye]

The interest income on the $175 million should be divided in half beteeen Engoran and James - and deducted from their pay every month for the rest of the lives.

Trump should sue though I'm not certain what the rules are on this.

 

[80zephyr]

I’m the one subsidizing dead weight like you.

The debt hit 1 trillion in 1981. I was 27.

You really have no clue, do you?

Trump claimed his penthouse is 30,000 sq feet. It's actually 10,000.

Can there be 3x opinion on basic fact of the dimentions of the property? nope, there can't be.

How many square feet is your house?

 

[80zephyr]

Yeah, when you have four bankruptcies on your credit you have an awesome credit score.

Link?

 

[Lisa558]

Trump should sue though I'm not certain what the rules are on this.

What about malicious prosecution? He can certainly monetize the damages.

 

[buckeye]

What about malicious prosecution? He can certainly monetize the damages.

It's a clear 8th amendment violation. I expect him to sue for a ton. Do you know if he can sue James and Engoran personally?

 

[Marener]

Yes

Delusional. The presence or absence of a mansion it is not subjective. It is not debatable. Either is their or it isn’t.

 

[Marener]

What about malicious prosecution? He can certainly monetize the damages.

And you don’t think James could claim the same thing about Trump?

 

[Lisa558]

And you don’t think James could claim the same thing about Trump?

She’ll lose. Nothing malicious about trying to recover lost income from her ridiculous $500 million “fine” for repaying a loan according to terms.

What WAS malicious was her intent to “get Trump” - so much so that she went after him for a “crime” the so-called victim wanted!

 

[Marener]

She’ll lose. Nothing malicious about trying to recover lost income from her ridiculous $500 million “fine” for repaying a loan according to terms.

What WAS malicious was her intent to “get Trump” - so much so that she went after him for a “crime” the so-called victim wanted!

Isn’t there a pending investigation into James’s mortgage? Seems very malicious if charges ever come out of it.

(Not sure what “lost income” comes from a fine he never had to pay)

 

[struth]

You really have no clue, do you?

Trump claimed his penthouse is 30,000 sq feet. It's actually 10,000.

Can there be 3x opinion on basic fact of the dimentions of the property? nope, there can't be.

It was actually 10,996 square feet in 1994. Later years later he said it was 30k after additions

James goose is cooked the court of appeals has tossed her illegal actions and the case itself is about to be overturned completely. The court is not happy with her at all

She’s desperate to avoid disbarment and prison over her own criminal fraud