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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 2:44 pm to
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.
Posted by davyjones
NELA
Member since Feb 2019
30378 posts
Posted on 12/1/23 at 2:53 pm to
That’s a negative, Ghost Rider. I am proposing two theories: (1) that the judge’s opinion/valuation clearly leaves much room for debate and understandable disagreement; and (2) a mere superficial look at the numbers having been presented tends more towards substantial error and undervaluation on the part of the judge than they do overvaluation by the Trump people, or put another way, the glaring gap between one of the three referenced figures is to the extreme far end of the “spectrum,” while two of those three are much more comparable to each other. At least much, much more so than to the judge’s numbers. What does that translate to, possibly? That the judge has shown himself to be comically biased against Trump. That’s this fella’s opinion anyway.
Posted by TDTOM
Member since Jan 2021
14994 posts
Posted on 12/1/23 at 2:54 pm to
quote:

So you concede he valued it $100-$175million higher than rational estimates.


Was that a value of the property only, or did that include the revenues generated by said property? I am willing to bet it was only the property.
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