Trump verdict

Started by Del., February 17, 2024, 07:37 AM

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neurosis

#165
February 23, 2024, 09:55 AM
Quote from: Jeff on February 23, 2024, 09:41 AMI'd like to know how he ruled there was actual fraud when there wasn't.

What would you call falsifying records to get a loan or interest rate you otherwise wouldn't be able to get?

I know that incog is going to say "typical business in NY". :D   
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I'll go back to being a conservative, when conservatives go back to being conservative.

RobertELee

#166
February 23, 2024, 09:58 AM
Quote from: neurosis on February 23, 2024, 09:55 AMWhat would you call falsifying records to get a loan or interest rate you otherwise wouldn't be able to get?

I know that incog is going to say "typical business in NY". :D   


What would you call it when the banks he worked with said none of them were harmed or lost money and all their money was repaid with interest and would gladly do business with him again?
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neurosis

#167
February 23, 2024, 10:13 AM
Quote from: RobertELee on February 23, 2024, 09:58 AMWhat would you call it when the banks he worked with said none of them were harmed or lost money and all their money was repaid with interest and would gladly do business with him again?

:rolleyes: I would call this argument someone making an excuse for someone who committed fraud to get a loan.  :lol:
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I'll go back to being a conservative, when conservatives go back to being conservative.

Jeff

#168
February 23, 2024, 10:35 AM
Quote from: neurosis on February 23, 2024, 09:55 AMWhat would you call falsifying records to get a loan or interest rate you otherwise wouldn't be able to get?

What was falsified?

RobertELee

#169
February 23, 2024, 10:39 AM
Quote:rolleyes: I would call this argument someone making an excuse for someone who committed fraud to get a loan.  :lol:

Where's the excuse? I used the evidence from the trial. If fraud was actually committed there should be a victim. Yet not one victim has been presented.
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RobertELee

#170
February 23, 2024, 10:44 AM
Every single business in the world that wants a loan will exaggerate their value to get a better rate, EVERY LAST ONE.
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CNCAppsJames

#171
February 23, 2024, 10:48 AM
Quote from: RobertELee on February 23, 2024, 10:39 AMWhere's the excuse? I used the evidence from the trial. If fraud was actually committed there should be a victim. Yet not one victim has been presented.

People with functioning brain cells ask the question; "Who/Where are the victims?"
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neurosis

#172
February 23, 2024, 10:55 AM
Quote from: RobertELee on February 23, 2024, 10:44 AMEvery single business in the world that wants a loan will exaggerate their value to get a better rate, EVERY LAST ONE.

Maybe you should have been Trumps attorney. You sound pretty convincing.  :D 

I'm no more qualified to make legal arguments than I am to give medical advise, but if I were going to make an argument for Trump in this case it would have been for the penalty.

Who gets that money? If the banks were harmed (technically, they were as they lost money by giving Trump a lower interest rate due to inflated collateral value) shouldn't they be entitled to some of that money?

The fraud part of it, at least as far as I am concerned with what I've read, there is no argument.
I'll go back to being a conservative, when conservatives go back to being conservative.

RobertELee

#173
February 23, 2024, 11:31 AM
From a 1981 New York Times article



And the judge is saying it's worth less than 20million?


Jeff

#174
February 23, 2024, 11:47 AM
What most people don't realize is that NYC literally changed the laws just to try Trump in court.
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Del.

#175
February 23, 2024, 11:53 AM
Quote from: neurosis on February 23, 2024, 10:13 AM:rolleyes: I would call this argument someone making an excuse for someone who committed fraud to get a loan.  :lol:


He doesn't set the exact value of property. The bank does. I refinanced my house. They asked what I thought it was worth so I told them what I thought. Up to them to verify it. It's not fraud if the bank accepts it.
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neurosis

#176
February 23, 2024, 12:56 PM
Quote from: Del. on February 23, 2024, 11:53 AMHe doesn't set the exact value of property. The bank does.

No they don't. The bank only gives you a loan on the assessed value of the property. They don't assess the value.  That's done by an appraiser.

In Trumps case, he was being taxed under one circumstance and valuing his property under another.  If you're talking about Mar-a-lago.   The NY condo's were a different story. 
I'll go back to being a conservative, when conservatives go back to being conservative.

Del.

#177
February 23, 2024, 01:10 PM
Quote from: neurosis on February 23, 2024, 12:56 PMNo they don't. The bank only gives you a loan on the assessed value of the property. They don't assess the value.  That's done by an appraiser.

In Trumps case, he was being taxed under one circumstance and valuing his property under another.  If you're talking about Mar-a-lago.   The NY condo's were a different story. 

The bank does the appraisal hiring. There are multitudes of properties that sell much higher than their appraisal.

neurosis

#178
February 23, 2024, 01:16 PM
Quote from: Del. on February 23, 2024, 01:10 PMThe bank does the appraisal hiring.

You've bought your own house. You know that you can hire your own appraiser and contest the property value. They typically go by similar property value which was impossible with Trumps property considering - well fuck.. look it up.  haha. 


I'll go back to being a conservative, when conservatives go back to being conservative.

RobertELee

#179
February 23, 2024, 01:29 PM
Quote from: neurosis on February 23, 2024, 01:16 PMYou've bought your own house. You know that you can hire your own appraiser and contest the property value. They typically go by similar property value which was impossible with Trumps property considering - well fuck.. look it up.  haha. 


Look what up? That they were worth hundreds of times more than what you or I will ever make? They are very extravagant buildings, marble everywhere, gold plated everything, etc. If you believe they aren't worth as much as the rest of us believe they are worth then I'm glad you aren't my appraiser.

You can hire a second opinion appraiser if you believe the banks' is incorrect.
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