Posted on 11/29/2023 7:53:06 AM PST by SeekAndFind
Sociopath: Antisocial personality disorder, sometimes called sociopathy, is a mental health condition in which a person consistently shows no regard for right and wrong and ignores the rights and feelings of others.
The bank said it wasn’t unusual or problematic that net worth provided by wealthy clients could vary from what the bank calculated. Bank, from what I understand, has NOT asserted a claim of being defrauded.
The only victim here is Letiticia James. She is being exposed as a political hack, willing to punish political enemies for political gain. I hope the countersuit leaves her penniless, embarrassed and disbarred.
Who exactly is the victim of this “crime“?
No one was financially hurt, all were made whole, and all loans were repaid. What’s the problem?
Case dismissed.
In a sane world, this news would have ended this trial. The Judge should dismiss the entire affair. All the news stations would break in to normal programming with “Bombshell” news. Of course, none of that will happen. The world today is NOT sane.
New York AG Letitia James found a crime to “get Trump”.....now it looks like she’s lost it.
She has brazenly alleged Trump and his company defrauded Deutsche Bank by submitting his inflated net worth statements to get better rate and in doing so also violated loan requirements called covenants.
Now a professional Deutsche Bank wealth management group managing director testified in court that large changes to net worth like Trump’s isn’t unusual.
The bank anticipates that the net worth of high-wealth clients like Donald Trump can be elevated on self-reported financial statements, but it wouldn’t necessarily stop the bank from issuing the loan – and didn’t for Trump’s loans.
RE: The Judge should dismiss the entire affair.
Yes, but unfortunately we don’t have a REAL judge in this case, but a political hack chosen by the Attorney General who actually SHOPPED the courts to find him.
This trial is only for show, we already know what the decision will be.
Based on the last paragraphs of the article, it was the state paperwork gods.
Seems that the NYS AG has found a new field for state criminal prosecutions: overstatement of assets on approved applications for loans that didn’t default and were paid off in time.
Must be tens of thousands of similar cases just waiting for the attorney generals’s attention.
Hopefully, appellate justices more interested in justice (quaint that) than politics will overturn the case. Especially when the state’s proposed remedy for paying off the loan on time is $200+ million in fines and loss/suspension of the Trump organization’s NYS business licenses.
This wasn’t the big headline. The big headline was that he said Trump didn’t inflate any valules.
In the Hannibal Lecter film, there is a scene where the character played by Ray Liotta eats a piece of his own brain.
The day is coming when James and Engoron will be fed chunks of their own brain.
In the Pygmy cannibal James’s case, eating human brain is just an appetizer. /spit
In 2013 Forbes had down for $3.5 Billion
https://www.forbes.com/sites/edwindurgy/2013/09/16/the-complete-list-of-the-forbes-400-members/?sh=69f3a3214e21
and in 2014 Forbes had him at $4 Billion
https://www.forbes.com/sites/afontevecchia/2014/09/29/forbes-400-full-list-of-americas-richest-people/?sh=25537a5a42e3
Everyone’s mileage varies...
It’s even worse than that. The bank witness testified that borrowers for these specific loans must have a minimum net worth of $100 million. So the whole case hinges on whether Donald Trump was worth 50x that minimum or “only” 26x the minimum.
David Williams: "Mr. Trump applied for the loan at a 3.5% annual percentage rate, the best rate we were offering at the time. We did our due diligence and after we adjusted his estimated net worth from $4 billion to $2.5 billion, we determined that he still qualified for the loan at a 3.5% annual percentage rate."
In a sane world, an attorney general wouldn’t look for victims who aren’t there and take care of the ones who are.
The case should have been dismissed at this point and Fanni should have been referred for Criminal Prosecution for malicious prosecution, deprivation of rights, fraud upon the court,...
oopos, its the other angry black female.
The bank witness testified that borrowers for these
specific loans must have a minimum net worth of $100 million.
So the whole case hinges on whether Donald Trump
was worth 50x that minimum or “only” 26x the minimum.
I dont think Latitia is THAT good at math.......
well, maybe Engoran will HELP her out.......rotflol.
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