So first, who's fault is that and second, I guess nobody knows what the real value was so how can they now say he overvalued properties?
IF HE PAID BACK EVERY SINGLE LOAN——
WHY DOES IT MATTER ???
There’s no reason to conduct a *full* appraisal if they’ve got enough to be confident of their loan.
When I apply for loans, I don’t tell them every income and asset I own, just enough of that to go with the debts. No mention of collectibles, reserve food in my freezer, canned goods, old books, grandma’s fancy table, Edsel in the barn, or any number of other mundane assets I might have - and I’m sure they have no interest in it even if it were to add up to a bunch.
After a point it is cost to them with no benefit.
Deutschbank did not do their own appraisals? What did their stock holders think about that? Why wouldn’t they? Could it be because they knew Trump was good for it?