‘Mr. Wonderful’ slams Trump ruling: ‘You might as well find guilty every real estate developer on Earth’

[OldFlame]

That makes absolutely no sense.

Prices to buy a property is absolutely negotiable.

A financial statement isn’t negotiable.

You are so clueless.

 

[Marener]

No, I speculated that no specific property was relevant in this situation, Trump owns a myriad of properties that could serve as collateral, to pick out a few from the statement and then scrutinize and exaggerate them is nothing but a scam.

The golf course was used as collateral. The bank still required the statement of financial condition.

Why would it be okay to lie on the statement if it was just a “few”?

 

[martybegan]

Improvability is worth a lot less than actual improvements.

Even if that were your claim, Trump could not legally build the mansions on the property. So there is no improvability value.

Unless the laws changed, or he found a way around it.

He's pretty good at that.

 

[Marener]

Unless the laws changed, or he found a way around it.

He's pretty good at that.

Current market value means what it’s worth currently.

If the laws currently forbid it, it’s not part of the current value.

You understand what the word current means?

 

[martybegan]

Current market value means what it’s worth currently.

If the laws currently forbid it, it’s not part of the current value.

You understand what the word current means?

Potential has an impact on property values.

Doubly so when owned by a developer who wants to develop them.

 

[OldFlame]

Trump made false claims in his financial statement with the intent of getting a better deal on a loan.

That’s fraud. I know you know this, so why are you asking?

Who was defrauded?

 

[Cellblock2429]

One day these Stalinist scumbags will be hanging from light posts.....

/——/ Breaking… NY AG Letitia James threatens to "seize" Trump's building if he doesn't have enough money to pay

 

[OldFlame]

Current market value means what it’s worth currently.

If the laws currently forbid it, it’s not part of the current value.

You understand what the word current means?

How does the law define current value?

 

[Marener]

Potential has an impact on property values.

Doubly so when owned by a developer who wants to develop them.

Then you aren’t talking about current market value.

Trump priced the property as though it had already been developed. An actual appraisal put the value at less than 10% of the value.

 

[OldFlame]

Trump is pretty arrogant.

Or maybe they expected the bank wouldn’t care that they lied.

After all, we have this claim out that they all real estate values are routinely inflated on these statements.

Your simplistic views are amusing.

 

[Marener]

How does the law define current value?

Generally accepted accounting principles do.

 

[Marener]

Your simplistic views are amusing.

Troll. Have you noticed how little you actually contribute to the conversation?

You have little more than speculation and unsubstantiated accusations.

 

[martybegan]

Then you aren’t talking about current market value.

Trump priced the property as though it had already been developed. An actual appraisal put the value at less than 10% of the value.

there is no "actual" appraisal, just another appraisal.

 

[Orangecat]

He lied about the values of his properties to get a better deal.

He can value his property at any level he chooses.

Thats attempting

Learn contractions, imbecile.

 

[Marener]

there is no "actual" appraisal, just another appraisal.

Calling Trump’s valuation an appraisal is overly generous.

His valuation assumed that the mansions were already built.

They weren’t.

They couldn’t.

If he were to sell the land now, he would not be able to tell anyone that it had seven mansions to sell. Therefore, he can’t tell the bank it’s worth more because it has mansions.

 

[WEATHER53]

Talk about babble. That was it.

Trump MIGHT get the award reduced. He will NOT get the case overturned

And in order to even appeal he’s going to have to put a shitload of money in escrow

Which he will of course have to borrow at significant cost

If he can find someone stupid enough to lend to him

Ignorance on subject but blabbers on
Lib 191 m

As long as you MAGAt Trumptards can keep pinning your hope on a moving target then you never have to actually aknowledge that you not only got conned by Trump but he persuaded you to actually fuse your identity to his in a sick, cultish, fanaticism where you are convinced now that the entire rest of the world is wrong and crazy and only he...this ONE person is right.
And this is why he needs to be finally imprisoned.
He needs to hit the virtual end of the rope, with no more false hope on endless, fruitless appeals, for you cultists to come to grips with reality.
You were duped and manipulated all along.

Address none of the reality and technical issues that actually do comprise an activity like this.
But, blowing nonsense out your ass is lib loon forte.

 

[Marener]

He can value his property at any level he chooses.

No, he can’t.

 

[Orangecat]

Libtards suck at memes.

 

[Orangecat]

No, he can’t.

Yes, he can. No one is forced to agree/purchase, but an owner of anything can value it as they see fit.
I have a 1965 Strat. I value it around $15,000. If you say it's only worth $10,000, your offer will be declined. The owner's valuation trumps yours.
Are you really a chick? That would explain your financial challenges.

 

[Marener]

Yes, he can. No one is forced to agree/purchase, but an owner of anything can value it as they see fit.
I have a 1965 Strat. I value it around $15,000. If you say it's only worth $10,000, your offer will be declined. The owner's valuation trumps yours.
Are you really a chick? That would explain your financial acumen.

There are rules to how you can list the value of assets on your financial statements.

No one gives a shit about your car and what you will sell it for.

This is about accounting principles, which you clearly have no knowledge of.