Quote (NetflixAdaptationWidow @ Sep 29 2023 11:31am)
He used insanely overblown valuations to secure credit. You can say "the bank should have checked better", but they were relying on fraudulent statements and documents provided by Trump, including things as basic as him tripling the size of his new york apartment.
Even if the banks should have done more due dilligence, it's still fraud. There's no legal defense based on the other guy not checking hard enough when you're supplying false documentation.
It was a civil case which is why it can be solved with summary judgement. There was no issue of fact because Trump admitted his valuations and admitted the basis for the valuations which were not legally defensible. A jury cannot and would not be allowed to find him not liable for damages when his stated basis for the evaluation is "I could get somebody from Saudi Arabia to pay for it" which is why it didn't need a jury trial.
Trump's company is the defendent, because the company supplied false documents with Trump and his family and staff as actors. The 250M being charged is basically saying that he got at least that much based on fraudulent activity. Things like fraudulent access to credit.
What the reasonable valuations are will still go to a trial. A jury might well find that the judge's valuation was too low and he can't be held liable for that much damages based on that case. And they will repeat that process for each item on the list. I expect the fraud amount will be dramatically reduced since the judge isn't really expected to have an incredible knowledge of real estate, and Trump's council didn't do a very good job presenting a reasonable valuation.
so the banks themselves are the ones filing these claims of fraud?
Quote (fender @ Sep 29 2023 11:36am)
considering how you held on to your butthurt over the years, how other people that i literally ignored for years kept stalking me with their weird personal attacks, the whole "just don't react and people will get bored" excuse is thoroughly debunked. it's just a fact that this sub managed to breed some clinically obsessed, petty little twerps.
and it's not like you hadn't already predicted that you can't help yourself, and will always try to insult me - can't say you weren't honest at least that once, so i'll give you that. i just find it funny that you deluded yourself into thinking i'm mad about it, when the only time i ever even mention it is to point out your hypocrisy when you clutch your pearls about someone being mean to you - like for calling a silly whataboutism "silly". that part went completely over your head apparently...
tl;dr you dont want me to ignore you forever, to take a line from you "must be obsessed with me". if i didnt matter you'd just tell me to ignore you forever then laugh if i slipped up and talked to you. but you need me i guess, so thanks. it feels nice.