Trump Gets Big Win In Major Testimony

Grokmaster said:
As I have said all along: NO VICTIMS NO CRIMES; just STALINOCRAT LIES.


The entire phony-ass non-case just went down in flames.

Getting ready for the non-response, ad-homs.




Trump Gets Big Win In Major Testimony


The civil fraud case against former President Donald Trump by New York Attorney General Letitia James took a turn as an executive from Deutsche Bank testified that the bank cut a client’s asset value by 50% and still approved a loan.

Trump is accused of inflating his assets and faces a $250 million penalty and a ban from doing business in New York.

Trump denies wrongdoing and claims the case is politically motivated.

“Is the bank capable of reaching its own judgment based on the evaluation it makes of the guarantor’s financial condition?” Trump attorney Jesus Suarez asked.

“Certainly, yes,” bank executive David Williams said.

“The suit brought last year by New York Attorney General Letitia James accuses Trump of inflating his assets by as much as $3.6 billion a year to get better terms from banks and insurers. Trump is scheduled to take the witness stand for the second time on Dec. 11, when he’s likely to double down on his earlier testimony that no banks were financially harmed by loaning to him,” a Bloomberg report read.

~ “The case against the former president lacks victims, so Tish James and Arthur Engoron are inventing some,” former federal prosecutor Andrew McCarthy said.

“That is not stopping elected progressive Democrats Letitia James and Arthur Engoron, the state attorney general and her cat’s paw in a judge’s robe, from concocting a mammoth fraud scheme masterminded by Trump in which we’re to believe the banks lost their shirts . . . but just forgot to complain about it,” he wrote.

“It’s an amazing thing to watch: Donald Trump, front-runner in the Republican presidential nomination race, is on trial for supposedly inventing wealth that he didn’t have; and in order to nail him, elected Democrats Tish James and Arthur Engoron are inventing losses that no one ever suffered.”



https://www.msn.com/en-us/news/poli...1&cvid=c10b3923a90c480daf693aa5e6af7b4e&ei=65


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So trump tried to rob a bank and the bank caught him. Attempted robbery is still a crime.
 
Grokmaster said:

Only blows the entire madeup, no crime , no victim non-case out of the water, that's all.

Deutsch Bank was supposed to be one of the prosecution's "Big Victims.

The "BIG NOTHING" is the phonyass non-case ...
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If you attempt to kill someone with a gun, but you miss and the person lives - you're saying that's not a crime? Maybe in maga world but not in the real world.
 
Grokmaster said:

Only blows the entire madeup, no crime , no victim non-case out of the water, that's all.

Deutsch Bank was supposed to be one of the prosecution's "Big Victims.

The "BIG NOTHING" is the phonyass non-case ...
Click to expand...
Everything you say is wrong.


There is more than one victim.

If Trump's assets were NOT inflated, he would pay a higher rate for the loans and insurance. So a bank and Insurance company does not ONLY LOSE money if the person defaults, they lose if they are paying less interest and fees than they otherwise would.

...The suit brought last year by New York Attorney General Letitia James accuses Trump of inflating his assets by as much as $3.6 billion a year to get better terms from banks and insurers. ...
Click to expand...


You dumb derps need to think of it like this...


Think of every single NINJA loan in the system pre the 2008 Mortgage crisis that DID NOT default, pre the crisis. YOu are saying as long as those loans do not default the gov't cannot site the person nor the broker or bank writing them with fraud and they have to instead wait for the system to collapse to punish only the ones that then default.

That is derp logic and stupid. The law SPECIFICALLY is designed to ensure fraudulent loans like Trumps are proper valued in the proper risk basket and prices with the correct interest and insurance, because when they are not they can put the entire system (like NYS Financial system) at risk of collapse.
 
QP! said:
Everything you say is wrong.


There is more than one victim.

If Trump's assets were NOT inflated, he would pay a higher rate for the loans and insurance. So a bank and Insurance company does not ONLY LOSE money if the person defaults, they lose if they are paying less interest and fees than they otherwise would.




You dumb derps need to think of it like this...


Think of every single NINJA loan in the system pre the 2008 Mortgage crisis that DID NOT default, pre the crisis. YOu are saying as long as those loans do not default the gov't cannot site the person nor the broker or bank writing them with fraud and they have to instead wait for the system to collapse to punish only the ones that then default.

That is derp logic and stupid. The law SPECIFICALLY is designed to ensure fraudulent loans like Trumps are proper valued in the proper risk basket and prices with the correct interest and insurance, because when they are not they can put the entire system (like NYS Financial system) at risk of collapse.
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Nice madeup bullshit.


Re-read the banker's testimony, instead of your nonsense.

There is always variance in real estate value estimates, and he clearly stated that Trump defrauded no one.
 
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Trump is a deranged human being, who has been found guilty of sexual abuse, ran the fraudulent Trump University, has seen MANY followers and loyalists lose their careers, reputations and freedom, and has been an overall pathetic example for how to be a good human on the planet earth.

So, there's that.
 
Grokmaster said:

Only blows the entire madeup, no crime , no victim non-case out of the water, that's all.

Deutsch Bank was supposed to be one of the prosecution's "Big Victims.

The "BIG NOTHING" is the phonyass non-case ...
Click to expand...
Idiot.

If nobody dies in a murder plot, you are still guilty of conspiracy to commit murder.

The victim is the taxpayer. trump inflated net worth and value of assets for loans, and slashed them for tax purposes.
 
BartenderElite said:
Trump is a deranged human being, who has been found guilty of sexual abuse, ran the fraudulent Trump University, has seen MANY followers and loyalists lose their careers, reputations and freedom, and has been an overall pathetic example for how to be a good human on the planet earth.

So, there's that.
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D.Bank is filthy. They, along with trump, are suspected of laundering Putin's money.

I wouldn't trust any testimony from the bank in this current matter. How can this liar claim that trump paid back his loans?

➧ Deutsche Bank’s private wealth unit loaned Trump $48 million — after he had defaulted on his $640 million loan and the bank’s commercial unit didn’t want to lend him any further funds — so that Trump could pay back another unit of Deutsche Bank. “No one has ever seen anything like it,” said David Enrich, finance editor of The New York Times, who is writing a book about the bank and spoke to Trump, Inc.
➧ Deutsche Bank loaned Trump’s company $125 million as part of the overall $150 million purchase of the ailing Doral golf resort in Miami in 2012. The loans’ primary collateral was land and buildings that he paid only $105 million for, county land records show. The apparent favorable terms raise questions about whether the bank’s loan was unusually risky.
➧ To widespread alarm, and at least one protest that Trump would not be able to pay his lease obligations, Deutsche Bank’s private wealth group loaned the Trump Organization an additional $175 million to renovate the Old Post Office Building in Washington and turn it into a luxury hotel.
Like Trump, Deutsche Bank has been scrutinized for its dealings in Russia. The bank paid more than $600 million to regulators in 2017 and agreed to a consent order that cited “serious compliance deficiencies” that “spanned Deutsche Bank’s global empire.” The case focused on “mirror trades,” which Deutsche Bank facilitated between 2011 and 2015. The trades were sham transactions whose sole purpose appeared to be to illicitly convert rubles into pounds and dollars — some $10 billion worth.
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A spokesperson said Deutsche Bank has increased its anti-financial-crime staff in recent years and is “committed to cooperating with authorized investigations.” The bank said it has policies in place to address the potential for conflicts of interest, including “special measures with respect to clients that hold public office or perform public functions in the U.S.”
The bank was “laundering money for wealthy Russians and people connected to Putin and the Kremlin in a variety of ways for almost the exact time period that they were doing business with Donald Trump,” Enrich said. “And all of that money through Deutsche Bank was being channeled through the same exact legal entity in the U.S. that was handling the Donald Trump relationship in the U.S. And so there are a lot of coincidences here.”
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Grokmaster said:
Nice madeup bullshit.


Re-read the banker's testimony, instead of your nonsense.

There is always variance in real estate value estimates, and he clearly stated that Trump defrauded no one.
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WRONG.

You are as stupid as those who cry out 'Presidential Records Act' as if that is a defense for Trump taking gov't confidential documents WHEN IT IS NOT.


But look, i am thrilled you guys are so stupid and I hope Trump keeps listening to guys like you while ignoring his smarter lawyers telling him not to do what he does. I hope he keeps derps like you guys around and listens.


It is NOT up to the banker alone to say anything about this.

I dare you to go in to a bank tomorrow and fill out forms with all fraudulent information. LIe about everything.

And then when the cops come for you say 'but i have not even got the loan yet nor missed a single payment...so no victim' and convince yourself that saves you from fraud charges.

Please do it. Please be that stupid. Please keep advising Trump to be that Stupid.


Not only DOES IT NOT MATTER if Trump paid all the money back, the fraud would still exist if the gov't got the doc's and prosecuted him before a loan was issued.
 
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