Comment by lovich
6 days ago
He got materially better rates than he would have based on lower valuations.
Banks have never given me or the other plebs the grace of fucking the risk profile of their investments to our own benefit when it’s found out.
You’re conflating the fact that it’s usually not worth the cost of investigation and enforcement in the event that the loans are paid back, with the idea that it’s not enforced in general
If the bank is stupid enough to give a loan on Donald Trump's own valuations rather than insisting on seeing the third party valuations then they have some employees that need to be fired. The criminal justice system just doesn't get involved in these matters where there are no civil damages, whether you like it or not.
It wasn’t above board.
It was fraud.
The bank was unaware he had changed the valuation.
Also wasn’t it just for the fraud, it was because this fraud was connected to his attempts to manipulate the election.
If we are going to go further in this conversation I need to know if you can point to an action he has taken that you think is bad, other than appointing someone he turned on later.
You need to stop repeating things that are not true. His charges had nothing to do with the election. They were "falsifying business records". This law has nothing to do with elections and it is not a arguable point. Also, "manipulate the election" is a completely meaningless phrase.
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