Trump gets a $355 million kick to the crotch, will he pay up?

mitchell76

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lol. The two of you, neither of whom obviously have the slightest clue about commercial lending, are in a kind of circle jerk, you both obviously no more than the banking and credit experts who have evidence in the trial.
So if you're such a genius please explain to us, how commercial lending actually works??.....LMAO
 

mitchell76

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I know, eh?!?!

Obviously none of these people know how things work at those levels. It's like a real pilot or cop listening to some phony wannabe at a party, not even using the correct words.

Besides, as you likely know, the lead and the team (working for the bank) that do these deals get paid on the completion of the deal and the value of it. So these individual employees are incentivized to, let's say, work with the borrower ;)to get the deal 'bought'. Lots of back room politicking in these banks to get deals bought despite not meeting the bank's own conventional requirements.
All I know is that you're buddy Kevin O'Leary, thought that Trump's fine was extremely excessive, and that New York is now considered a "loser" state to do business in, totally thanks to judge Engoron!!
 

mitchell76

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I know, eh?!?!

Obviously none of these people know how things work at those levels. It's like a real pilot or cop listening to some phony wannabe at a party, not even using the correct words.

Besides, as you likely know, the lead and the team (working for the bank) that do these deals get paid on the completion of the deal and the value of it. So these individual employees are incentivized to, let's say, work with the borrower ;)to get the deal 'bought'. Lots of back room politicking in these banks to get deals bought despite not meeting the bank's own conventional requirements.
So it seems that you're now blaming Deutsche bank instead of Trump.......LMAO
 

nottyboi

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May 14, 2008
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I know, eh?!?!

Obviously none of these people know how things work at those levels. It's like a real pilot or cop listening to some phony wannabe at a party, not even using the correct words.

Besides, as you likely know, the lead and the team (working for the bank) that do these deals get paid on the completion of the deal and the value of it. So these individual employees are incentivized to, let's say, work with the borrower ;)to get the deal 'bought'. Lots of back room politicking in these banks to get deals bought despite not meeting the bank's own conventional requirements.
Of course the are biased to get the deal done. HUGE incentive. How do people think the 2008 financial crisis happened? Essentially sales won over compliance.
 

nottyboi

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lol. The two of you, neither of whom obviously have the slightest clue about commercial lending, are in a kind of circle jerk, you both obviously no more than the banking and credit experts who have evidence in the trial.
You do know that one of the KEY WITNESSES was given complete immunity for his part in the matter And he is a democrat. So in return for a sweetheart deal and avoiding prosecution for being part of the fraud, he threw Donnie under the bus. You are almost childlike in your view of how the justice system works lol.
 
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mitchell76

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lol. The two of you, neither of whom obviously have the slightest clue about commercial lending, are in a kind of circle jerk, you both obviously no more than the banking and credit experts who have evidence in the trial.
The banking and credit experts that Trump got to testify for him at the trial, thought that Trump did nothing wrong. The problem was, that loser Judge Engoron, had no clue how real estate valuations work, and had already made up his mind, before the trial even started!!
 

mitchell76

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You might not remember or know of the huge sub-prime mortgage crisis that decimated the values of US housing, pension funds, mortgage backed securities, investment bonds, bankrupted banks and homeowners and contributed to the global financial crisis of 2007-2008. The lenders themselves were the biggest culprits by the de-facto practice of consumers falsifying loan applications and hiring compliant appraisers that would inflate the value of the properties.

What Trump and his banks did was no different except for the fact that Trump was miraculously able to keep what is essentially a cheque kiting scheme by borrowing new funds. From who knows where. Whose cash backed Deutsche Bank's loans to Trump?

Keeping fraud in check is important to try to keep our system from not collapsing too often. There is always wayyyy too much white collar fraud going on. Especially with the banks and their 'Investment Bankers' /account managers acting in concert with wealthy individuals, private and public companies. But these fraudsters are smart enough to keep a low profile and not shoot their mouths off and brag about how smart they are to cheat the system.

Didn't Trump himself say he knows the system is rigged and nobody knows it better because he plays the game himself?
Like I said before, if Trump wasn't leading Biden in the polls, this case would never have happened, in the first place!!
 

nottyboi

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So to further illustrate the situation company controller Jeffrey McConney was in when this legal Jihad was declared, he could have stuck to his guns, bankrupted himself in his defence and been acquitted after 3-5 years of legal proceedings, OR throw Donnie under the bus, confess all his crimes, even the petty unrelated ones, and been cleansed for throwing Donnie under the bus. And some of his crimes included tax fraud which IS Criminal.
 

SchlongConery

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Carroll's lawsuit did involve the government, because NY governor Hochul came up with that dumb adult survivors act law, just to get Trump.

Well Canada and Ontario also removed the limitations periods from both criminal and civil sexual assaults before New York did. As did many other US states.

Did Canada and Ontario do this "just to get Trump"?

You make it clear with every post that your concerns for people do not extend past Donald Trump. But there is life outside of the MAGAverse. Where Priests, bosses, wrestling coaches, powerful people and other sexual assaulters go unpunished. By the time they have recovered from the trauma of sexual assault, the general 2 year limitations period has passed. Not all rape victims run to the courtroom right away.

Unfortunately, I know several women and one man who were sexually assaulted. Last thing on their minds was to sue or go to the police. PTSD is real. As is the perceived shame of being sexually assaulted. By the time they recover, if ever, it used to be too late to take legal action. One friend, the man, killed himself decades after the assault, and several years after he was awarded lots of money ... from Maple Leaf Gardens.

This man was one of my childhood friends. Twenty years after the sexual assaults.. the trauma was so unbearable Arnie ended his life by jumping from the Bloor Street Viaduct.


When Martin Arnold Kruze ended his life at age 35 by jumping from the Bloor Street Viaduct on Oct. 30, 1997, he had been used and betrayed not only by pedophiles employed at Maple Leaf Gardens, but also, in different ways, by the media and the justice system. Such is the lingering message of Gardens of Shame, a retelling of Kruze’s life interspersed with the recollections of other victims of sexual abuse at hockey’s holiest shrine during the 1970s and ’80s.

Using Kruze’s own documents, extensive interviews with his family, and media reports, Cathy Vine and Paul Challen tell the story of a life that is fascinating for its sheer ordinariness – until Arnie, as Kruze was known as a child, began going to Maple Leaf Gardens at age 13 to watch hockey games, practices, and concerts unattended by his older brother, Gary. After enduring seven years of abuse, Kruze’s life became a haze of drugs, depression, and therapy until he recast himself as a very public crusader for the rights of sex abuse victims. The media’s courtship with Kruze and his story was brief but intense, and often exploitative. When the judge finally handed Kruze’s abuser, Gordon Stuckless, a sentence of two years less a day – even less than Stuckless’s own defence lawyer had recommended – the pain and sense of injustice was too much for Kruze.

 

SchlongConery

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All I know is that you're buddy Kevin O'Leary, thought that Trump's fine was extremely excessive, and that New York is now considered a "loser" state to do business in, totally thanks to judge Engoron!!
I guess you missed the part where I said Kevin is an entertainer. He's a self-confessed media whore. He's not a lawyer either. And, fwiw, he ain't no billionaire. But I understand it is hard for you to see past celebrity. 🤷‍♂️

I guess Donald is in real trouble now that "New York is now considered a loser state to do business in". All the tenants must be moving out of his buildings! I heard the few good ole boy truckers pretty much just jacked themselves off without much company.

So if you're such a genius please explain to us, how commercial lending actually works??.....LMAO
Ok.

1. Make a truthful application to the bank.

2. Let the bank assess your credit worthiness and risk.

3. Get the appropriate amount of money at an appropriate rate.



Look mitch... nobody is saying that the banking industry and commercial lending is not corrupt. It is. Even now, banks are turning more than a blind eye to the drop in commercial real estate due to dropping vacancy and rental rates as well as high interest rates. They are refinancing them, knowing full well that they are worth less than the mortgage... just to kick the can down the road and hope the values recover or something. Anything! I know the banks are even encouraging borrowers to 'optimize' their financial statements, leases, blue sky etc.
 
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mandrill

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You do know that one of the KEY WITNESSES was given complete immunity for his part in the matter And he is a democrat. So in return for a sweetheart deal and avoiding prosecution for being part of the fraud, he threw Donnie under the bus. You are almost childlike in your view of how the justice system works lol.
Except..... the judge believed him and thought Trump was a huge, fat liar. And the judge gets paid to pick out the Losers and Liars from the people who are telling the truth.
 
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mandrill

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So to further illustrate the situation company controller Jeffrey McConney was in when this legal Jihad was declared, he could have stuck to his guns, bankrupted himself in his defence and been acquitted after 3-5 years of legal proceedings, OR throw Donnie under the bus, confess all his crimes, even the petty unrelated ones, and been cleansed for throwing Donnie under the bus. And some of his crimes included tax fraud which IS Criminal.
Again Notty, accomplices who flip on their criminal associates are a dime a dozen in the legal world. Betcha today there were a dozen trials downtown where an accomplice flipped. Judges know it's tainted evidence and regard it with skepticism. But often the guy who is the target of the accomplice testimony is the biggest liar of all.

It's the judge's job to figure that out. And judges have a lot more experience and know-how and smarts then Komrad Nottsky. So if a judge accepts tainted evidence, it's because the judge thinks the defendant is an even bigger liar than the stoolie.
 

SchlongConery

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So it seems that you're now blaming Deutsche bank instead of Trump.......LMAO
I don't know enough about Deutsche Bank's dealings to blame them. I do know that banks regularly do wildly illegal things, including covering their own asses when they get caught. I have had a bank branch manager randomly order an (unapproved) appraisal on a development property just to 're-balance' their asset/debt ratio. The property was grossly over valued. Then when we disputed the unauthorized debit to our account, they called the loan! It happens every day.
 
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SchlongConery

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he is a shitty lawyer that has a vested interst in preserving the facade that the system is unbiased and not politicized. 😀
He's still a lawyer that you said doesn't know the law!

Based on your demonstrated personal investment in your narrative, and even with your claim that he is preserving the facade... most intelligent people will still rely on the lawyer's knowledge of the law.
 
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nottyboi

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Again Notty, accomplices who flip on their criminal associates are a dime a dozen in the legal world. Betcha today there were a dozen trials downtown where an accomplice flipped. Judges know it's tainted evidence and regard it with skepticism. But often the guy who is the target of the accomplice testimony is the biggest liar of all.

It's the judge's job to figure that out. And judges have a lot more experience and know-how and smarts then Komrad Nottsky. So if a judge accepts tainted evidence, it's because the judge thinks the defendant is an even bigger liar than the stoolie.
Biggest liar? 1. he did not send the statements, 2. he did not prepare the statements 3. He is right that real estate valuations are often a gusstimate. I don't like the guy but the legal system is not a popularity contest.
 

nottyboi

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He's still a lawyer that you said doesn't know the law!

Based on your demonstrated personal investment in your narrative, and even with your claim that he is preserving the facade... most intelligent people will still rely on the lawyer's knowledge of the law.
Lots of lawyers don't know the law, that is why they get disbarred. In this case it was not a matter of knowing the law, but how the legal system can be derailed quite easily.
 
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mandrill

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Biggest liar? 1. he did not send the statements, 2. he did not prepare the statements 3. He is right that real estate valuations are often a gusstimate. I don't like the guy but the legal system is not a popularity contest.
The judge believed him. The judge didn't believe Trump. There you go.

You're not a judge. You didn't attend the trial. You probably read a twitter post by RealPatriotTrucker or DC Draino or TrumpMAGA Patriot Girl or one of your other usual sources and thought you'd argue the same shit on TERB.
 
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SchlongConery

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The judge believed him. The judge didn't believe Trump. There you go.

You're not a judge. You didn't attend the trial. You probably read a twitter post by RealPatriotTrucker or DC Draino or TrumpMAGA Patriot Girl or one of your other usual sources and thought you'd argue the same shit on TERB.

Or just toeing the desinformatzia line to sow fear, uncertainty and doubt.
 
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