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Started By
Message
re: Jon Stewart overvalued his NYC home by 829%; he said Trump’s civil case as not victimless
Posted on 3/27/24 at 12:41 pm to L.A.
Posted on 3/27/24 at 12:41 pm to L.A.
That article does not support the allegation at all. Stewart did not overvalue his penthouse for the purpose of creating fake equity to secure a loan. Some rich moron simply overpaid for his penthouse, and then resold it a few years later at a loss. That is not remotely the same thing.
This post was edited on 3/27/24 at 12:42 pm
9
Posted on 3/27/24 at 12:47 pm to L.A.
Well, well, well
Posted on 3/27/24 at 12:47 pm to TBoy
quote:
That article does not support the allegation at all.
Did you read the article?
Direct quotes from Stewart allege that Trump committed fraud with statements of value different from what his tax assessor valued.
The article and Tim Pool point out the hypocrisy of Stewart's personal home.
Stewart makes an argument that people do lose when real estate is overvalued. And then the buyer of his personal home lost significant value during one of the best real estate bull runs the past 40 years.
The article is about hypocrisy. And Stewart lives in a world of it. Literally.
Posted on 3/27/24 at 12:48 pm to TBoy
I thought Stewart mentioned tax assessment?
Posted on 3/27/24 at 12:49 pm to L.A.
How many loans did Stewart secure using that property?
Posted on 3/27/24 at 12:49 pm to TBoy
It is EXACTLY the same thing and there was a VICTIM YOU COMMIE.....the "rich moron" that Stewart SWINDLED....the man took a loss.
In Trump's case the bank MADE MONEY and gladly would have done more business with him.
In Trump's case the bank MADE MONEY and gladly would have done more business with him.
Posted on 3/27/24 at 12:50 pm to Wildcat1996
quote:
His house was worth whatever the buyer was willing to pay.
And Trump’s loans were the amount the banks were willing to lend him based on their own assessments
This post was edited on 3/27/24 at 12:51 pm
Posted on 3/27/24 at 12:52 pm to antibarner
Remember, “rich morons” have to pay their fair share, so his side is cool with this type of victim…
Posted on 3/27/24 at 12:54 pm to EZE Tiger Fan
ruh roh
Posted on 3/27/24 at 12:54 pm to Wildcat1996
quote:
This is stupid. His house was worth whatever the buyer was willing to pay.
...or whatever a lender was willing to offer with the home as collateral.
Posted on 3/27/24 at 12:56 pm to TBoy
quote:
Some rich moron simply overpaid for his penthouse, and then resold it a few years later at a loss
You mean some rich fraudster sold a poor victim overpriced real estate on which he suffered substantial loss a mere 24 months later.
Here we have an actual individual who suffered loss…Unlike Trumps situation.
Posted on 3/27/24 at 12:56 pm to TBoy
quote:
That article does not support the allegation at all. Stewart did not overvalue his penthouse for the purpose of creating fake equity to secure a loan. Some rich moron simply overpaid for his penthouse, and then resold it a few years later at a loss. That is not remotely the same thing.
Key excerpt from the article
"Meanwhile, the New York assessor valuation on Stewart’s former penthouse is the exact same citation method and metric that New York Attorney General Letitia James used to value Trump’s private and personal properties, and then sued him for inflating those assets."
Posted on 3/27/24 at 12:57 pm to Wildcat1996
quote:
This is stupid. His house was worth whatever the buyer was willing to pay.
I think that is the entire point.
Posted on 3/27/24 at 1:00 pm to TBoy
quote:
Some rich moron simply overpaid for his penthouse, and then resold it a few years later at a loss. That is not remotely the same thing.
Did Stewart pay cash for it or did he get a loan? If he got a loan what value for the penthouse was stated in the appraisal that accompanied the loan.
According to you morons, anyone that has a loan with an appraisal over the assessed amount is guilty of fraud. Tens of millions of families, likely including you, among that group.
Stop defending what you know is clearly bullshite politically motivated persecution. It’s not too late to show you aren’t a complete hypocritical piece of shite.
Posted on 3/27/24 at 1:01 pm to L.A.
quote:
not victimless”
Then Stewart should be able to tell us who the victim is
Posted on 3/27/24 at 1:01 pm to meansonny
quote:
It should be that simple, shouldn't it?
Yes. For the home value part.
Posted on 3/27/24 at 1:02 pm to Revelator
Yes.
Posted on 3/27/24 at 1:03 pm to meansonny
Yes.
Posted on 3/27/24 at 1:03 pm to moneyg
Yes.
Posted on 3/27/24 at 1:03 pm to thebigmuffaletta
quote:
Then Stewart should be able to tell us who the victim is
And if it were the bank, why did they not only testify in Trump's defense, but give him an award for being a superior partner/client/customer?
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