“It was all part of a sophisticated real estate practice known as … LYING.”
“It was all part of a sophisticated real estate practice known as … LYING.”
Trump NEVER "Illegally" inflated the value of his properties! Property valuation is based on many things, most of which is opinion, and if the bankers agreed with the valuation, then no harm no foul. Stewart may present himself as "intelligent" but in this case he's way out of his league.
@gtconway3d Are you ever going to get help for your “problem?” It’s consuming your life.
Many loans are given based on prior payment history. If you had similar, well paid loans at a similar value - listed income, asset valuations, may be the gravy but not the deciding factor. Interest rates are set by the bank. They set the rate, he paid his contractual obligation. No loss, no victim.
@gtconway3d The victim is what? The bank that got all their money? Trump saved how much? A million?
@gtconway3d There were no victims he took a gamble that's what you doing business after he couldn't pay back the loan then he'd be forced to pay back what he said property was worth. Internet gambling is legal in most States now why would you penalize him for doing what you are legalizing
@gtconway3d The argument that "victimless crimes" should not be prosecuted stems from the belief that laws should primarily protect individuals from harm caused by others.