- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Red Line Alert! Mueller expands probe into Trump business transactions
Posted on 7/20/17 at 10:51 am to Knight of Old
Posted on 7/20/17 at 10:51 am to Knight of Old
quote:
business dealing that was perfectly legal in 2008 (it's still legal to sell and own property in this country, right?).
This is tinfoil level shite.
The property was listed for sale by Trump at $125M and sold for $95M in 2008. The lot has been subsequently divided into three and one of the lots sold for $48M (if I remember correctly).
1
Posted on 7/20/17 at 11:16 am to the808bass
So long as the real estate deals were arms length and not rearranging eggs in the carton, Trump is in the clear. Additionally, so long as the sale was within reasonable market valuation levels, it's no big deal. So long as the Russian does not pay 250 million for a property listed at 125 million it's all pretty good. The Russian paid 95 million...good deal.
If there were some shenanigans at play it's more on the issuing bank and the Treasury Department at the time than on Trump and any of his business entities.
I have a property that I want to sell for 100.00. The buyer says I will pay you 90.00 for it cash. Buyer says sure. Buyer writes a check for 90.00. The check clears, no big deal. As the seller it is not my responsibility on a cash deal to examine the means by which a buyer obtained the funds.
If the issuing bank (Russian) later gets in trouble for money laundering, it's not the sellers problem .
If there were some shenanigans at play it's more on the issuing bank and the Treasury Department at the time than on Trump and any of his business entities.
I have a property that I want to sell for 100.00. The buyer says I will pay you 90.00 for it cash. Buyer says sure. Buyer writes a check for 90.00. The check clears, no big deal. As the seller it is not my responsibility on a cash deal to examine the means by which a buyer obtained the funds.
If the issuing bank (Russian) later gets in trouble for money laundering, it's not the sellers problem .
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News