Posted on 11/29/2023 7:56:25 PM PST by bitt
New York Attorney General Letitia James’s office responded to testimony by a Deutsche Bank executive that could have torpedoed her civil fraud case against Trump.
Radical Marxist New York Attorney General Letitia James is seeking $250 million in ‘damages’ when there is no victim in this fraud case and she is also seeking to ban Trump and his sons from operating any businesses in New York. She accused Trump of inflating his assets and defrauding lenders and insurance companies.
A Deutsche Bank executive who worked to approve at least one of Trump’s loans testified on Tuesday that it is “atypical, but not entirely unusual” to reduce a client’s asset values and still approve a loan.
“A Deutsche Bank AG executive gave testimony that could bolster Donald Trump’s defense in his civil fraud trial, telling a New York judge that prospective clients can get loans even after reporting a net worth far higher than the lender’s own calculations.” Bloomberg reported.
“David Williams, who worked on at least one of three loans Deutsche Bank made to Trump in the years before he was elected president, testified Tuesday that it’s “atypical, but not entirely unusual” for the bank to cut a client’s stated asset value by 50% and approve a loan anyway, as it did with Trump,” Bloomberg reported.
Williams testified that Trump’s stated assets are merely an opinion and a difference of opinion in asset values does not disqualify the potential borrower from a loan.
“It’s just a difference of opinion,” Williams said, according to Bloomberg.
Trump’s defense attorney argued that Deutsche Bank conducted its own due diligence and made their own decision to loan Trump money.
“The bank conducted its own due diligence. The bank had no problem with a $2 billion or a $3 billion difference,” Trump’s attorney Christopher Kise said.
Kise also argued that the German bank wasn’t harmed because it “didn’t change what it did based on what President Trump submitted.”
more...
The government has spoken and you continue to say otherwise. Therefore you must be lying. -John Eastman
“This is the most outrageous and ridiculous case. There are no victims, no complainants, except for an intrusive DOJ . How do they live with themselves? “
They do it because it works, and because there are no consequences.
They have been doing this stuff for decades. Trump is just the high profile case that has the resources to fight back.
You look at what they tried to do to Richard jewell. What they did do to the Branch dravidians, ruby Ridge, even conrd Black and Martin Armstrong.
Abuse of power, even when exposed had absolutely no consequences.
The conviction is already done. Why? The judge decided already unilaterally. Done deal. This now is just dragging Trump through the briar patch.
Trump is being sued civilly. This isn’t a criminal case.
Next she sues Deutsch Bank for exploiting the People and enabling capitalist criminals like Trump. DOWN WITH KULAKS!
So what is President Trump’ s remedy if he doesn’t like this courts opinion?
Is this a good reason to have a “loser pays” rule?
Appeal to the Appellate Division of the NY Supreme Court is next. All the Justices in the First District were appointed by Democrats. Ugh
Thank you.
Agreed. Lenders and borrowers will never agree on values, only a range.
I’ve never heard of a judge constantly giving his own extremely biased opinion against a defendant DURING a trial. Of course, this isn’t a trial, it’s a circus and the “judge” is the head clown. If they actually convict Trump of this absurd and imaginary “crime”, and if (big if) there’s even the tiniest shred of integrity at the appellate level in New York, such a decision should be reversed in a nanosecond due to this “judge”’s outrageous antics.
But I know that these leftist vermin don’t care in the least if what they are doing is legal, or even if it is eventually overturned. All they care about is using a show trial to fling mud at Trump in an election year. Whether their accusations are true is unimportant to them. I don’t know what more it is going to take to finally rouse the “silent majority” from their paralysis and get them to finally admit that we are at the point of no return here if we don’t immediately take every possible action to defeat and destroy these tyrants. We have literal show trials and political prisoners in this country now, and yet most “conservatives” sit idly by and watch it all burn down because they don’t want to be seen as doing anything “radical.” Do they seriously think it will all somehow get better on its own? 1776 was a picnic compared to what it will take to get our country back now, but the sooner people turn off their TVs and admit the dire situation we’re in, the sooner the necessary kinetic action can take place. Talking and “voting” ain’t gonna do it.
These evil monsters are openly lawless and defiant now, and have rigged every system to prevent that approach from dislodging them. Even if Trump miraculously survives the Category 5 hurricane of vote fraud that we all know is coming and wins, it is now crystal clear that the tyrannical Left will not abide by any legal or Constitutional actions that he attempts to take. The Left is at war with us now, and the sooner we acknowledge that and respond accordingly, the sooner we can begin to take out the trash.
Who told you that you can’t appeal a civil conviction?🥴
You can and there are a few reasons Trump could appeal this conviction if indeed it does get a conviction.
1) There was something unfair about the way their trial took place.
2) A mistake was made in their trial.
3) The verdict could not be sustained on the evidence.
The pickaninny doesn’t care.
Her Andrew Weissmann types are going to get Trump any day now.
Yeah right, LOL.
These are show trials for Trump haters, Trump haters that are very confused at why things aren’t moving faster.
“The wheels of justice grind slowly.”(sarcasm)
Pure liberal fascism.
That’s like saying that you lied about the value of the stock you sold me on the exchange yesterday as it dropped today.
Appraisals are opinions and estimates based upon a lot of facts and circumstances. I’ve been in court many times challenging appraisals. In one instance the property had a big for sale sign in the front yard and was on Multi-List for sale at less than half of the $1.34 million certified appraisal. It had been listed for sale over 6 months.
The appraiser stated on the witness stand under oath that the fact that the property was for sale publically at the time of her appraisal was not relevant to her appraisal. (Appraiser could have been Obama’s daughter)
I bought the property for $525K shortly after her $1.34 million appraisal.
“ Kise also argued that the German bank wasn’t harmed because it “didn’t change what it did based on what President Trump submitted”
He was not president at the time. Wording it as Kise did makes it seem Trump did during presidency.
quote :
“It’s just a difference of opinion,” Williams said, according to Bloomberg.
Trump’s defense attorney argued that Deutsche Bank conducted its own due diligence and made their own decision to loan Trump money.
“The bank conducted its own due diligence. The bank had no problem with a $2 billion or a $3 billion difference,” Trump’s attorney Christopher Kise said.
Kise also argued that the German bank wasn’t harmed because it “didn’t change what it did based on what President Trump submitted.”
Almost EXACTLY what I have been saying from the start about this!
James is nothing but an AA hire.....but she’s PURE EVIL!
Judge Engoron is PURE EVIL and needs an EXORCISM by his RABBI!
I’m waiting for Justice Arthur Engoron to just announce “that’s it, I heard enough, Trump your guilty, bailiff arrest Trump” Engorge (spell check suggests 🤣) turns towards his ‘law clerk’ and says “come on baby, call up your boyfriend Chuck Schumer, let’s get a drink and talk about that threesome….. I’ll let you feel my muscles…”
Used to be a lender. Typically I would review the notes to a financial statement before looking at the numbers. Based on note review, I would discount or eliminate certain assets. Some line items were routinely omitted unless there was a compelling reason to include them. It was always the bank’s responsibility to perform due diligence. To me this trial is a prime example of “Political Persecution For Dummies”.
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