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Posted on 9/26/23 at 6:55 pm to jatilen
quote:
Chris Kise, attorney for Trump and other defendants, said in a statement, “Today’s outrageous decision is completely unhinged from the facts and governing law. The Court has ignored fully the Appellate Division mandate and basic legal, accounting and business principles. “
Kise argued that the decision “essentially substituted its own judgment for that of nationally recognized experts from the NYU Stern School of Business and beyond.”
“The decision seeks to nationalize one of the most successful corporate empires in the United States and seize control of private property all while acknowledging there is zero evidence of any default, breach, late payment or any complaint of harm,” he said. “More importantly, the Court disregarded the words of those actually involved in the loan transactions who testified there was nothing misleading and there was no fraud. While the full impact of the decision remains unclear, what is clear is that President Trump will seek all available appellate remedies to rectify this miscarriage of justice.”
Posted on 9/26/23 at 6:55 pm to Born2rock
quote:
I'm aware of that...apparently, when he applied for loans, he wrote down what he wanted...and the banks believed it. Banks are probably at fault as well.
You thinks banks just believe what you say without doing due diligence? Holy crap. Have you ever applied for a loan? If you have you would realize what a completely crazy post this is.
You have displayed a complete ignorance of the lending process.
This post was edited on 9/26/23 at 6:58 pm
Posted on 9/26/23 at 6:58 pm to BBONDS25
It's important to know when to stop arguing with people and simply let them be wrong. Maybe he shouldn't have lied on his applications. I didn't.
Posted on 9/26/23 at 7:00 pm to Born2rock
quote:
It's important to know when to stop arguing with people and simply let them be wrong. Maybe he shouldn't have lied on his applications. I didn't.
Great advice and something you should heed. You are suggesting that trump lied on his applications and the banks just believed him. If you have ever applied for a home mortgage you would know that isn’t how it works. Much less a business loan. Or a business loan for a piece of property.
You have zero clue how it actually works and are here opining from a place of complete ignorance.
When you try to buy your first house you will realize how silly you sound.
This post was edited on 9/26/23 at 7:03 pm
Posted on 9/26/23 at 7:24 pm to Born2rock
quote:
Maybe he shouldn't have lied on his applications. I didn't.
I am curious, how old are you?
You seem to have a complete misunderstanding as to how everything works.
Posted on 9/26/23 at 7:25 pm to Born2rock
quote:
Born2rock
I knew this kunt wouldn't answer my very simple question....regardless of it's rhetorical nature.
Posted on 9/26/23 at 7:26 pm to Born2rock
quote:
I'm aware of that...apparently, when he applied for loans, he wrote down what he wanted...and the banks believed it. Banks are probably at fault as well.
So the Bank lent 10mils of millons based on his verbal appraisal? Thats Deutchse Banks fault and since they are the bank they can do it if they want
You are all so fricking stoopid
Posted on 9/26/23 at 7:27 pm to masoncj
Congrats on being grifted
Posted on 9/26/23 at 7:41 pm to SDVTiger
Well shite I think I need to apply for a loan if all I gotta do is tell ‘em what I want.
Posted on 9/26/23 at 7:44 pm to BBONDS25
quote:
No. I don’t. You have clearly never applied for a loan. Banks don’t just trust you.
Jumping in here late. Is this clown saying the banks loaned Trump millions upon millions of dollars based on what Trump thought the value of the property is worth?
Posted on 9/26/23 at 8:06 pm to TDTOM
This decision seem like panic...
We will be seeing more in the months to come.
We will be seeing more in the months to come.
Posted on 9/26/23 at 8:35 pm to PsychTiger
If someone ties their tie like that.. they have no business making any critical decisions on anything..
That's just shameful..
That's just shameful..
Posted on 9/26/23 at 8:37 pm to BBONDS25
quote:
You have zero clue how it actually works and are here opining from a place of complete ignorance.
When you try to buy your first house you will realize how silly you sound.
You're confusing a collateral based loan with an unsecured line of credit.
This was an unsecured personal loan, which does rely heavily on the client providing a good faith estimation of their net worth (the issue that's that is in question here, which apparently Trump was quite liberal with when representing to the bank).
While banks will do some level of due diligence, for a client like Trump they won't do full appraisals of his 75+ properties and all his holdings.
Posted on 9/26/23 at 8:43 pm to lsu480
Your property is worth for tax purposes what the assessor says it’s worth. Assessed value =\= market value.
This post was edited on 9/26/23 at 8:45 pm
Posted on 9/26/23 at 8:44 pm to jatilen
That Judge doesn’t know what he’s talking about! He’s stating Trump mis-valued Maralago. You can do simple math and look at the surrounding properties and know that judge is full of shite and being paid off to put something on Trump! fricking waste of our taxes dollars! Oh and James is a fraud too, she had it out for Trump before she was AG! Shes a fraud as well!
Posted on 9/26/23 at 8:47 pm to masoncj
quote:
Just gave another $100
As that noted economist Gordon Gecko once said, "A fool and his money are lucky enough to get together in the first place."
Posted on 9/26/23 at 8:48 pm to LSUCap
that was a pretty flagrant discrepancy according to the judge - >20x appraised value. I didn't expect to see Mar-a-Lago in this case (thought they'd all be New York properties, but if he was getting loans from New York banks, so I suppose the state doesn't matter?).
This post was edited on 9/26/23 at 9:20 pm
Posted on 9/26/23 at 8:49 pm to Wildcat1996
quote:
How did this poor, dumb basturd outsmart every New Yorker with whom he ever did business?
I'm not sure refusing to pay people you owe qualifies as "outsmarting" someone.
Posted on 9/26/23 at 8:49 pm to bulldog95
Where do I go for these loans where I don’t have to document any of the shite on my application?
Figna get paid.
Figna get paid.
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