Quote (thesnipa @ Mar 18 2024 01:18pm)
And the banks that were supposedly shorted interest testified in his favor lol. trump keeps getting "owned" in civil courts, where the standard of proof is lower, odd huh?
of course anyone with an IQ over lukewarm can see it actually increases his chances to win in 2024. just another self own by the democrats.
and the precedent will likely drive down business in new york, so another self own by the state.
banks left themselves open to massive amounts of over leveraged on loans, but this ruling actually strengthens banks. it takes due diligence even further off their responsibility legally. leftists have lost their way. first it was stumping for pharmaceutical corporations, now they're pro bank lol. im not even an anti vaxxer but there is no such thing as a good corporation, that was a staple of the progressive movement. there are no good billionaires and there are no good fortune 500 companies, right?
the stooge at Deutsche bank? one of the most corrupt banks in the world? LOL
the same Deutsche bank that got slapped by multiple governing bodies because they allowed their customers to launder money/accept laundered money, some customers being russian oligarchs. the SAME BANK that continued to lend Trump money after he defaulted on a 600M debt to them.
LOL
Quote
“I think we expect clients-provided information to be accurate. At the same time, it’s not an industry standard that these statements be audited. They’re largely reliant on the use of estimates,” Williams said, so bankers routinely “make some adjustments.”
its fraud no matter how you spin it. he inflated his wealth to get lower interest rates( to the tune of over a hundred million dollars). idk what is so hard for MAGA hogs to understand about this
https://www.worldfinance.com/strategy/deutsche-bank-loaned-trump-2bn-despite-multiple-red-flags-new-report-claimsQuote
At a time when Trump was considered “a Wall Street pariah”, Deutsche Bank provided over $2bn in loans over the course of two decades, The New York Times reported. The US president is alleged to have bribed Deutsche executives to sign off bond and loan deals with trips to Mar-a-Lago and flights on his private jet. He also reportedly inflated his net worth to $3bn in order to secure loans, which continued to be approved by the bank even after it discovered Trump was worth closer to $788m.
This post was edited by gnarjay on Mar 18 2024 02:44pm