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re: Bank of Cyprus is at the center of corruption surrounding Trump

Posted on 4/19/18 at 5:05 pm to
Posted by texridder
The Woodlands, TX
Member since Oct 2017
14233 posts
Posted on 4/19/18 at 5:05 pm to
quote:

So a bunch of billionaires purchased cheap stock in a large bank that was about to fail. This is news why?

A bunch of Russian billionaires and Wilbur Ross, Trump's Secretary of Commerce, who was co-chair of the bank until he left to take a position in the trump administration.
Posted by Turbeauxdog
Member since Aug 2004
23279 posts
Posted on 4/19/18 at 5:14 pm to
Given you're wrong about everything, I'll assume the same is true on this topic
Posted by Quaker
Member since Mar 2018
304 posts
Posted on 4/19/18 at 5:16 pm to
quote:

The article referenced the Panama Papers only to show that the Bank of Cyprus was referenced 4,657 times in the PP. The article is from December 2017, and has nothing to do with the PP.


So the article had everything to do with the Panama Papers...

Got it.

Without the PP this article doesn’t exist...
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124189 posts
Posted on 4/19/18 at 5:55 pm to
quote:

A bunch of Russian billionaires and Wilbur Ross, Trump's Secretary of Commerce, who was co-chair of the bank until he left to take a position in the trump administration.
All disclosed during Ross's confirmation process.

The fact Richard Blumenthal was apparently too lazy to review the disclosures Ross provided during confirmation, or too incompetent to understand them notwithstanding, this is old news.
Posted by GeauxLax
Roswell, GA
Member since Apr 2016
288 posts
Posted on 4/19/18 at 6:48 pm to
Please enlighten me. The article you cite is giving can bfusing information.

Is Wilbur Ross or Viktor Vekselberg the largest shareholder?

If the article is unable to get simple information such as this, why should I believe it.....,,.,,.,or you?
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37710 posts
Posted on 4/19/18 at 6:55 pm to
quote:

Bank of Cyprus


Can't imagine any shady dealings going on there.....
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 4/19/18 at 6:58 pm to
quote:

-Dmitry Rybolovlev, Russia's "Fertilizer King," owns a 3.3 percent stake in the bank. Rybolovlev purchased Trump's mega mansion in Palm Beach for $95 million, which allowed Trump to more than double his $41 million investment in the property in four years. The timing of the purchase was essentially a Trump rescue package Trump was suing Deutsche Bank, his one remaining creditor, to try to avoid repaying a $40 million real estate loan.

This is the only thing that's got some potential, the rest is playing 6 degrees.
Posted by texridder
The Woodlands, TX
Member since Oct 2017
14233 posts
Posted on 4/19/18 at 6:59 pm to
quote:

Is Wilbur Ross or Viktor Vekselberg the largest shareholder?

At different times.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/19/18 at 7:00 pm to
hahahahahahahahahahahaha

fricking kooks just cannot get over it
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74306 posts
Posted on 4/19/18 at 7:01 pm to
quote:

Rybolovlev purchased Trump's mega mansion in Palm Beach for $95 million, which allowed Trump to more than double his $41 million investment in the property in four years. The timing of the purchase was essentially a Trump rescue package Trump was suing Deutsche Bank, his one remaining creditor, to try to avoid repaying a $40 million real estate loan.


that Russian was so mad he got art of the dealed. Go read up on it. Figured this would be the last desperate shot
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 4/19/18 at 7:02 pm to
quote:

that Russian was so mad he got art of the dealed. Go read up on it. Figured this would be the last desperate shot

It really all depends on if the property was legitimately valued at the sale amount.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74306 posts
Posted on 4/19/18 at 7:15 pm to
quote:

It really all depends on if the property was legitimately valued at the sale amount.



What? A property is worth what someone is willing to pay for it
Posted by texridder
The Woodlands, TX
Member since Oct 2017
14233 posts
Posted on 4/19/18 at 7:15 pm to
quote:

fricking kooks just cannot get over it
Get over what?

Trump has said he had no business ties to Russia, and that he knew of no one in his administration who did either.

I'm just pointing out how unlikely that is, even though it will have deminimis effect.

It is a demonstrated fact that once a person decides to vote for candidate it is almost impossible to dislodge that loyalty no matter what the candidate may do, or have done.

That's why the Access Hollywood tape had virtually no effect on Trump supporters - even the Evangelicals.



Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 4/19/18 at 7:24 pm to
quote:


What? A property is worth what someone is willing to pay for it

Yes. However someone paying over twice the value is sure to raise some eyebrows.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124189 posts
Posted on 4/19/18 at 7:26 pm to
quote:

What? A property is worth what someone is willing to pay for it
Suggestion would be an asset such as a bank or a Chicago area property could be significantly undervalued for the "right buyer" such as Barack Obama. So if such a property was undervalued, the seller might be seen to be offering the buyer a bribe.

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74306 posts
Posted on 4/19/18 at 7:28 pm to
quote:

However someone paying over twice the value is sure to raise some eyebrows.


How do you know what the value is? You cant comp those properties so its worth what someone is willing pay for it
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 4/19/18 at 7:30 pm to
quote:

How do you know what the value is? You cant comp those properties so its worth what someone is willing pay for it



I don't. That's why I said it depends on what the value of the property was at the time of the sale.
Posted by Pinecone Repair
Burminham
Member since Nov 2013
7156 posts
Posted on 4/19/18 at 7:35 pm to
You guys

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74306 posts
Posted on 4/19/18 at 7:36 pm to
quote:

I don't. That's why I said it depends on what the value of the property was at the time of the sale.



This makes no sense
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 4/19/18 at 7:37 pm to
3 upvotes
81 downvotes

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