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Started By
Message
re: Trump owes lenders $450 million yet there were no complaints from the lenders.
Posted on 2/18/24 at 9:31 am to KiwiHead
Posted on 2/18/24 at 9:31 am to KiwiHead
quote:
If there was fraud, they participated and were just fine with the valuations presented.....including his penthouse and Mar a Lago which might have been a little high, but not out of the realm of reasonable.
The question is not what but who?
Back in the 80's DJT was mostly financed by the old "7 Sisters" (Citi, JPM, Chase, Manny, Chemical, and I forget the other two).
It is my understanding that no US will lend to DJT (due diligence / 6-8 bankruptcies / ????) and now it is basically all with DB in Germany (owned by Russia / Russians) and as non US they fall under mush less scrutiny than US.
quote:
not out of the realm of reasonable.
If I claimed 30K sq ft on a contract or document and it was only 10K my bank would call the loan and sue me, but I am just an average US citizen and taxpayer.
Generally 10% is "realm of reasonable" not 300%
1
Posted on 2/18/24 at 9:59 am to Cheese Grits
quote:
no US will lend to DJT
quote:Did Trump over state square footage by 300%?
If I claimed 30K sq ft on a contract or document and it was only 10K ...
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