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More info on the steal

Well, I already agreed with her campaigning on going after Trump being way wrong, so one issue down. The rest of this stuff your just way off base on. And I have a lot of experience with financial statements....have a client worth almost a billion, another who just sold his business for over $500M, so some heavy hitters, and none of them pad their financial statements. Have another client who has roughly 50 commercial property real estate deals and they don't pad theirs either - they fly straight. And I doubt there has every been a case where somebody did it as egregiously as Trump did....which is probably how he got away with it.

Banks certainly do care about financial statements. Why do you think they require them from everybody and its what keeps CPA's in business. Now you can make the argument that the bank should be doing their own appraisals since these statements where not audited......but I think this is where Trump's scam paid off. He overstated things soooo much that the banks likely didn't feel like they needed to do independent appraisals because there was so much equity (their mistake, but still fraud). The banks price their loans based on the associated risk with the particular loan........so what Trump did is subject the banks to a lot more risk than they realized and should have charged him for. He paid them back this time......but we are talking about a guy who has gone bankrupt 6 or 7 times before.....so their is a long history of banks/investors not being paid back by Trump businesses. Most of those had to do with his casino's, but it was still Trump.

No crime? If somebody tries to kill you with a AR-15 but misses, was that a crime? I mean, your not hurt? A car going 200 MPH but not hitting anybody.....no crime? LOL......this one your just dead wrong on the facts.....I can go ask my lawyer son, but I already know the answer. You don't need to prove damages to prove the crime occurred. You nail the offender who is driving 200 MPH before he hits somebody. That's what they are doing here and its a black and white issue.

What has really been surprising to me....and really has been since the beginning with Trump......is how you guys consistently make excuses for him. The democrats do plenty wrong and have done a lot wrong with Trump......but the guy overstated his financials by a friggin BILLLION dollars. How does that not make the hair stand up on the back of your neck.
The TDS is strong with this one.
 
Theres a home down the street, not ocean front, about a tenth the size that recently sold for around 70 mil…so theres that.
I just posted an article from 2020 where a nearby small lot with a vacant house sold for nearly $20MM, in 2018.

It’s a joke and for anyone to try to maintain credibility while backing that valuation is laughable.

We have the absolute worst trolls on Al Gore’s amazing invention.
 
You mean the trial where they realized Trump made a tiny Billion dollar accounting error?

Come on my friend, stay on planet Earth with me.

Now if you want to make the case that Letitia James was out of line campaigning about going after Trump I can get on board with that. That's clearly an issue that needs to be addressed.

But she was right about Trump. That verdict is in.
Wrong. The NY case is a civil case, not a criminal one. For a plaintiff to prevail in a civil court it must be proven there was economic loss. Where's the loss? The banks got paid, everyone is happy.........except the witchhunting Democrats in NYC. :rolleyes: :mad:
 
Wrong. The NY case is a civil case, not a criminal one. For a plaintiff to prevail in a civil court it must be proven there was economic loss. Where's the loss? The banks got paid, everyone is happy.........except the witchhunting Democrats in NYC. :rolleyes: :mad:
Which is why it will get overturned on appeal. The judge made his decision before the trial began. Trumps attorneys strategy has been for appeal since the beginning. They have done a brilliant job getting the judge to expose his bias.
 
His agenda stands square in the way of FACTS.
LOL, this is just too typical. There are 100's of facts in that case.....and you pick out the ONE fact that might be in Trump's favor and accuse the judge of missing the facts........you just can't make this stuff up.

Yes the property would be worth more than the property tax appraisal, everybody would agree with that and the judge should probably have never brought that up, but its a drop in the bucket to the whole case. What you can't get around are facts like Trump saying his Trump towers apartment is 3 times bigger than it really is. That's just blatant fraud. I suspect what happened here is that Trump was concerned that somebody at Deutsch Bank might know what the approximate value per square foot was in Trump tower, so he couldn't just inflate that so he had to find another way to falsify the value. But there is lots of other evidence in the case that looks bad for Trump.

Somebody above said it will be appealed on the basis that nobody lost money. Losing revenue IS losing money. If you don't get your paycheck.......is it "no big deal" because you haven't lost money? The banks lost hundreds of millions on this deal. Its an argument that can fool a lot of the John Q public, but doesn't have much of a chance in court. Sorta "Trumpism" in a nutshell. Certainly this will be appealed, but this argument is a loser.

Another thing that needs to be considered is that the value of the properties we are talking about is the fair value at the time the financial statements were presented to the banks........not the values today. The was all pretty much before the big real estate boom of the last several years (the financial statements in questions go from 2011-2021 I believe). And much of this was before Trump was president......back when few people knew what Mar-a-lago was. It was a lot less famous and not the residence of a president back then......so likely a lot less valuable.
 
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Is it fair to say the democrats harvested a lot of votes?
What is the evidence? You see somebody putting ballots in a box, how do you even know if its a republican or democrat?

But the general answer is, nobody could have done this enough to effect the outcome. If we were just talking about Georgia.....what, 12K votes? Maybe you can argue this made a difference.....but Trump needed to flip 3 states. The numbers are just way to big for this to be a significant factor. 2,000 mules is nowhere near enough.

But this isn't just my conclusion......its the conclusion of Trump's own people who where running the election and his AG. And as we are finding out in the Georgia trial, the conclusion of most of the people around Trump.

Every single election we have had undoubtedly included some cheating. On both sides. With this many people its just inevitable. But the question has always been is there a way to do it such big numbers that one side can sway the outcome. I still believe with the checks and balances we have in place its almost impossible to do.

The real crime committed here by Trump is simply making this accusation and continuing to push it forward like he has (in every way) without any evidence. Essentially Trump made the accusation and unleashed his minions to try and go find something to support his contention.....which is a terrible thing to put the country through and is what Al Gore and Hillary Clinton didn't do even though they both thought they where cheated. 3 years later and they still have nothing of substance. But it has done great damage to the acceptance of our future elections....that's for sure.

Ask yourself why a guy who is running behind in the polls and who never had a favorability rating during his entire presidency above 50% would be telling his people during the campaign that the only way he is going to lose is if the other sides cheats.

Sorry Theo......most of this answer is not aimed at you........I just figured since I was typing a post I would hit a few other areas.
 
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Somebody above said it will be appealed on the basis that nobody lost money. Losing revenue IS losing money. If you don't get your paycheck.......is it "no big deal" because you haven't lost money? The banks lost hundreds of millions on this deal. Its an argument that can fool a lot of the John Q public, but doesn't have much of a chance in court. Sorta "Trumpism" in a nutshell. Certainly this will be appealed, but this argument is a loser.
Hundreds of millions in damages would pay for a TON of lawyers.

Why aren't the banks bringing the case?

Oh that's right, because all of the loans were repaid on time and they actually made money on the deal.

Only case I've ever seen where the claimant isn't suing for damages...and isn't even involved in the case.

It's almost like the cast is about politics and not the law...
 
The real crime committed here by Trump is simply making this accusation and continuing to push it forward like he has (in every way) without any evidence. Essentially Trump made the accusation and unleashed his minions to try and go find something to support his contention.....which is a terrible thing to put the country through and is what Al Gore and Hillary Clinton didn't do even though they both thought they where cheated. 3 years later and they still have nothing of substance. But it has done great damage to the acceptance of our future elections....that's for sure.
You know what Trump didn't do?

Spend $10MM of donor money to make a fake dossier and use it to weaponize the justice system against the opposition party.

But I guess that isn't a crime in your book...
 
LOL, this is just too typical. There are 100's of facts in that case.....and you pick out the ONE fact that might be in Trump's favor and accuse the judge of missing the facts........you just can't make this stuff up.

Yes the property would be worth more than the property tax appraisal, everybody would agree with that and the judge should probably have never brought that up, but its a drop in the bucket to the whole case. What you can't get around are facts like Trump saying his Trump towers apartment is 3 times bigger than it really is. That's just blatant fraud. I suspect what happened here is that Trump was concerned that somebody at Deutsch Bank might know what the approximate value per square foot was in Trump tower, so he couldn't just inflate that so he had to find another way to falsify the value. But there is lots of other evidence in the case that looks bad for Trump.

Somebody above said it will be appealed on the basis that nobody lost money. Losing revenue IS losing money. If you don't get your paycheck.......is it "no big deal" because you haven't lost money? The banks lost hundreds of millions on this deal. Its an argument that can fool a lot of the John Q public, but doesn't have much of a chance in court. Sorta "Trumpism" in a nutshell. Certainly this will be appealed, but this argument is a loser.

Another thing that needs to be considered is that the value of the properties we are talking about is the fair value at the time the financial statements were presented to the banks........not the values today. The was all pretty much before the big real estate boom of the last several years (the financial statements in questions go from 2011-2021 I believe). And much of this was before Trump was president......back when few people knew what Mar-a-lago was. It was a lot less famous and not the residence of a president back then......so likely a lot less valuable.
Let me MURDER your argument RIGHT NOW. NO real estate lender EVER lends money of an applicants GUESS as to what property is worth.. EVER. They use CRA's to value property. Secondly...there were ZERO losses. Financial statements...like I TOLD you before mean VERY, VERY little in lending money. gain..I WAS A MORTGAGE BROKER. So quit with you BS until you study up on the subject. NO ONE on earth gives accurate financial statements..and THAT is why banks do not pay much attention to them, and they mean VERY LITTLE in loan approval. 1. ABILITY to repay. 2.History of repayment. 3 LTV. These are the main factors banks look at. Financial statements are eye candy...no more.
 
The real crime committed here by Trump is simply making this accusation and continuing to push it forward like he has (in every way) without any evidence.
You have zero clue what Trump does or doesn't have. Even if he had nothing, that would hardly be a crime.

But again, your girl Hillary actually DID what you claim Trump did. Actually she did one better: She lied about the election then MANUFACTURED EVIDENCE of Trump stealing the election with Russia.

And you said nothing. Because you are a partisan hack.

Sorry Theo......most of this answer is not aimed at you........I just figured since I was typing a post I would hit a few other areas.
We know exactly who it was aimed at: The posters who you are lying about having on Ignore.
 
Hundreds of millions in damages would pay for a TON of lawyers.

Why aren't the banks bringing the case?

Oh that's right, because all of the loans were repaid on time and they actually made money on the deal.

Only case I've ever seen where the claimant isn't suing for damages...and isn't even involved in the case.

It's almost like the cast is about politics and not the law...
You're on fake Ignore.
 
Let me MURDER your argument RIGHT NOW. NO real estate lender EVER lends money of an applicants GUESS as to what property is worth.. EVER. They use CRA's to value property. Secondly...there were ZERO losses. Financial statements...like I TOLD you before mean VERY, VERY little in lending money. gain..I WAS A MORTGAGE BROKER. So quit with you BS until you study up on the subject. NO ONE on earth gives accurate financial statements..and THAT is why banks do not pay much attention to them, and they mean VERY LITTLE in loan approval. 1. ABILITY to repay. 2.History of repayment. 3 LTV. These are the main factors banks look at. Financial statements are eye candy...no more.

glenn-ford-slap.jpg
 
Let me MURDER your argument RIGHT NOW. NO real estate lender EVER lends money of an applicants GUESS as to what property is worth.. EVER. They use CRA's to value property. Secondly...there were ZERO losses. Financial statements...like I TOLD you before mean VERY, VERY little in lending money. gain..I WAS A MORTGAGE BROKER. So quit with you BS until you study up on the subject. NO ONE on earth gives accurate financial statements..and THAT is why banks do not pay much attention to them, and they mean VERY LITTLE in loan approval. 1. ABILITY to repay. 2.History of repayment. 3 LTV. These are the main factors banks look at. Financial statements are eye candy...no more.
Let me ask you a simple question. How in the hell does a bank ascertain A business "ability to repay". You said that's your #1 thing.....well, how do they determine that? There is one primary tool.....what is it?

I suspect you where a mortgage broker for residential lending.....which is a completely different animal.

Companies pay hundreds of thousands of dollars every year to have their financial statements audited because banks require them and they require them to be accurate. I work with this stuff all the time.

And I already explained to you the simple concept of losing revenue is losing money. How many on here are willing to work all week and not get a paycheck? Why do you care if its not "losing money"?

Your in way over your head on this one my friend.
 
Let me ask you a simple question. How in the hell does a bank ascertain A business "ability to repay". You said that's your #1 thing.....well, how do they determine that? There is one primary tool.....what is it?

I suspect you where a mortgage broker for residential lending.....which is a completely different animal.

Companies pay hundreds of thousands of dollars every year to have their financial statements audited because banks require them and they require them to be accurate. I work with this stuff all the time.

And I already explained to you the simple concept of losing revenue is losing money. How many on here are willing to work all week and not get a paycheck? Why do you care if its not "losing money"?

Your in way over your head on this one my friend.
Maroooon. Once again, the entire case is for civil court. Who suffered economic damages? Do you NOT understand this concept? Are you losing a bet on the outcome? Are you a new party to the suit? 😂
 
Maroooon. Once again, the entire case is for civil court. Who suffered economic damages? Do you NOT understand this concept? Are you losing a bet on the outcome? Are you a new party to the suit? 😂
No one suffered any financial losses, which is why the banks didn’t bring the suit.

Does anyone really think massive commercial banking institutions would lose “hundreds of millions” and just shrug it off?

You’re not arguing with a serious person.
 
Let me ask you a simple question. How in the hell does a bank ascertain A business "ability to repay". You said that's your #1 thing.....well, how do they determine that? There is one primary tool.....what is it?

I suspect you where a mortgage broker for residential lending.....which is a completely different animal.

Companies pay hundreds of thousands of dollars every year to have their financial statements audited because banks require them and they require them to be accurate. I work with this stuff all the time.

And I already explained to you the simple concept of losing revenue is losing money. How many on here are willing to work all week and not get a paycheck? Why do you care if its not "losing money"?

Your in way over your head on this one my friend.
Provable income. Tax statments
 
Let me ask you a simple question. How in the hell does a bank ascertain A business "ability to repay". You said that's your #1 thing.....well, how do they determine that? There is one primary tool.....what is it?

I suspect you where a mortgage broker for residential lending.....which is a completely different animal.

Companies pay hundreds of thousands of dollars every year to have their financial statements audited because banks require them and they require them to be accurate. I work with this stuff all the time.

And I already explained to you the simple concept of losing revenue is losing money. How many on here are willing to work all week and not get a paycheck? Why do you care if its not "losing money"?

Your in way over your head on this one my friend.
This is where you went wrong
 
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Let me ask you a simple question. How in the hell does a bank ascertain A business "ability to repay". You said that's your #1 thing.....well, how do they determine that? There is one primary tool.....what is it?

I suspect you where a mortgage broker for residential lending.....which is a completely different animal.

Companies pay hundreds of thousands of dollars every year to have their financial statements audited because banks require them and they require them to be accurate. I work with this stuff all the time.

And I already explained to you the simple concept of losing revenue is losing money. How many on here are willing to work all week and not get a paycheck? Why do you care if its not "losing money"?

Your in way over your head on this one my friend.
LOLOLOL I hope you learned something.....
 
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Provable income. Tax statments
LOL.........you mean like Trumps 1040? The one where he made no money and paid $750 in tax several years in a row? Are you trying to be funny?

Let me ask you Ron.....which tax statements do the banks want to see? 1040? Trumps W-2s? 1099s? Maybe his 1065's as I have read he has close to 100 entities.....or maybe 1120S, or his k-1's? Which of those will give you his "provable income". Which of those forms will tell the bank the values of Trumps assets? Which of those forms will give the banks Trumps cash flow? Which will show the banks Trumps existing debt and the terms of that debt? Which will show them Trumps total Equity?

Maybe your talking about property tax statements......because those at least make an attempt at assessing a value?

Do you understand there is a difference between taxable income and financial income......which you can't see at all on a 1040? Do you understand depreciation and how important that is to a real estate venture? And how much it can distort earnings? Do you understand that an entities tax return starts with the entities financial statement?

Do you understand any of this? Because this is a sample of the very basics of what you need to know before you would make statements like you have.

You do realize that we are trying to support loans in the hundreds of millions of dollars. So please consider that before you answer. Because all your answers up to now have been the kind that you would have for a simple mom and pop home mortgage. A totally different world that has no applicability to big dollar finance.

I have tried not to embarrass you with all this, but you won't quit. I would have thought that it would have occurred to you before now that I might actually know what I am talking about with this stuff.
 
What is the evidence? You see somebody putting ballots in a box, how do you even know if its a republican or democrat?

But the general answer is, nobody could have done this enough to effect the outcome. If we were just talking about Georgia.....what, 12K votes? Maybe you can argue this made a difference.....but Trump needed to flip 3 states. The numbers are just way to big for this to be a significant factor. 2,000 mules is nowhere near enough.

But this isn't just my conclusion......its the conclusion of Trump's own people who where running the election and his AG. And as we are finding out in the Georgia trial, the conclusion of most of the people around Trump.

Every single election we have had undoubtedly included some cheating. On both sides. With this many people its just inevitable. But the question has always been is there a way to do it such big numbers that one side can sway the outcome. I still believe with the checks and balances we have in place its almost impossible to do.

The real crime committed here by Trump is simply making this accusation and continuing to push it forward like he has (in every way) without any evidence. Essentially Trump made the accusation and unleashed his minions to try and go find something to support his contention.....which is a terrible thing to put the country through and is what Al Gore and Hillary Clinton didn't do even though they both thought they where cheated. 3 years later and they still have nothing of substance. But it has done great damage to the acceptance of our future elections....that's for sure.

Ask yourself why a guy who is running behind in the polls and who never had a favorability rating during his entire presidency above 50% would be telling his people during the campaign that the only way he is going to lose is if the other sides cheats.

Sorry Theo......most of this answer is not aimed at you........I just figured since I was typing a post I would hit a few other areas.
Where is the evidence?


And…


As far as Trumps people, folks need to learn the importance of interpreting what they read. Literally.

For example, I can “lose” because something was stolen. No different than Michigan can win, because they were cheating.

Quit conflating someone saying we lost, with…fraud didn’t happen. Learn to actually comprehend what you read, instead of reading something to confirm bias.

As far as knowing what you’re talking about? You don’t.
 
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From the American Bar:

"The vast majority of courts agree that lost profits may be either direct or consequential damages, depending on the circumstances surrounding the particular contract and parties."

Pretty black and white. Lots of court cases to support. No way they would have proceeded with this without this part being pretty much iron clad. Now its a matter of proving the lost revenue, which is what they are going through.
 
From the American Bar:

"The vast majority of courts agree that lost profits may be either direct or consequential damages, depending on the circumstances surrounding the particular contract and parties."

Pretty black and white. Lots of court cases to support. No way they would have proceeded with this without this part being pretty much iron clad. Now its a matter of proving the lost revenue, which is what they are going through.
Who are you talking to? Someone you claim to have on fake Ignore?
 
From the American Bar:

"The vast majority of courts agree that lost profits may be either direct or consequential damages, depending on the circumstances surrounding the particular contract and parties."

Pretty black and white. Lots of court cases to support. No way they would have proceeded with this without this part being pretty much iron clad. Now its a matter of proving the lost revenue, which is what they are going through.
Wait, WHAT? What exactly are you crying about? Creditors got paid. Zero damages, no case. Trump overvalued properties? Who lost revenue? He certainly wasn't trying to get his real estate appraisals and therefore taxes lowered in that case. Whoopsie!!

jurassic-park-flew-overmy-head.gif

200w.gif
 
From the American Bar:

"The vast majority of courts agree that lost profits may be either direct or consequential damages, depending on the circumstances surrounding the particular contract and parties."

Pretty black and white. Lots of court cases to support. No way they would have proceeded with this without this part being pretty much iron clad. Now its a matter of proving the lost revenue, which is what they are going through.
This just in: Banks were defrauded “hundreds of millions of dollars” and sat idly by and waited for a DA to ride in on a white horse 😂

Oh, and Mar-a-Lago is worth $18MM 😂😂😂🤡
 
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