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re: So to all the posters who were on the "Trump committed fraud to get his loans" crowd

Posted on 12/1/23 at 2:38 pm to
Posted by davyjones
NELA
Member since Feb 2019
30303 posts
Posted on 12/1/23 at 2:38 pm to
Wrong. Trump’s financials gave a valuation range between $425 and $600 million for MAL specifically, so the exaggeration you employ here doesn’t work out. Additionally, Forbes estimated the value in the neighborhood of $325 million “after reviewing its financial history and consulting eight real estate experts.”

So you will note that there is a great deal of legitimate debate to be had on the subject. But without a doubt, the “$22 million” claim is by far the furthest from rational estimates.
This post was edited on 12/1/23 at 2:39 pm
Posted by TigerIn2023
Member since Apr 2023
308 posts
Posted on 12/1/23 at 2:44 pm to
quote:

Trump’s financials gave a valuation range between $425 and $600 million for MAL ... Additionally, Forbes estimated the value in the neighborhood of $325 million “after reviewing its financial history and consulting eight real estate experts.”
So you concede he valued it $100-$175million higher than rational estimates.
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