Quote (Thor123422 @ 3 Feb 2024 22:49)
As head of the company "I didn't look it up" isn't an excuse. If you represent your apartment is 3x the size and you have all the documents available to you that show it isn't, that's knowing. It doesn't matter what your personal memory is in that moment. You are representing everything is true and that you've done your dilligence in what is represented.
And if it wasn't intentional, then somehow he made dozens of mistakes that all just happened to increase the value and never decrease it. Makes it obvious it was intentional.
Why would he need an "excuse"? You're reaching so hard right now. I just told you, I worked for a bank. We did NOT expect accurate answers on loan applications. In fact, we DID expect the majority of clients to LIE. That is SPECIFICALLY why we had a bunch of assessors. That's specifically WHY we valuated everything in-house. I already told you, you are NOT going to defraud a bank when requesting a loan, because EVERY bank (except a bank or two in silicon valley, apparently) valuates the assets of everyone they provide a sizable loan to. And Trump was ALREADY a billionaire, he was ALREADY one of, if not the, most famous men on the planet. "We lend to Trump" is a bragging point for a bank. There is no realistic measure where fraud is possible. And the funny thing? Trump got another loan earlier on, also from Deutsche Bank. Prior to the housing crash. At that time, Trump was claiming to be worth over a billion, the bank valuated him at like $600 Million or something. He legitimately argued with them over it. And you know the interest rate they offered him then? The same low rate. He argued for his PRIDE, not to defraud anyone.
No, I don't expect a guy who owns and runs a business empire, dozens of properties worldwide, and has a hit TV show to know the square footage of his 3 store penthouse apartment. I really don't. That you do is a "you" problem. Once again, 11K or 30K only would have made ~10m difference in total valuation, which would have had zero difference to the interest rate.
Anyhow, keep going. Entertain me.
