In essence, a Judge... one person, decided Trump organization over inflated the value of assets when making "deals". I've bought /sold properties and was involved in valuing a company... nobody EVER takes what the seller says as "the number". There are appraisers and very smart people that look at values... who cares what "I say"? The market decides.
Wow! You mean all those bankers, insurance companies and businesses did not sue him, but an AG did? And the judge was so convinced, they didn't even bother to get testimony. What?
Consequence being... shut down some of his businesses. I wonder if the judge gonna do the valuation when he sells?
This sounds insane to me. That's a lot of power in the hands of one person. If I did business in NYC... I'd leave. OOPS... looks like Goldman Sachs and JPM Chase beating others to it...
Note: I'm smelling a class action lawsuit against all government districts overstating the value of properties and OVER TAXING those assets. Also, anyone like to sue Apple... you know how much they are over charging for those phones and over stating value of their company? Lastly, lets sue all clothing companies because that piece of fake cotton underwear you are earing costs $.50 to make but you way over paid! CLASS ACTION!!!
PS Am selling 2006 Honda CRV, some dents, runs good... our market price $65,000 USD because gently driven by a wise sage and is filled with good spirits! But I'm willing to make a deal with YOU. I will even finance it for you. no need to check market prices. God, I hope I don't get sued for fraud...
TEARS... oh my god... why do we have people running the show whom have never been in business? Business in essence
PS. PS... are you over paying for that "hamburger"? Think about it... think of all the law suits... smell the $ yet?
https://www.youtube.com/shorts/798XWSEr5uE
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Thanks for posting this! Another question on here was about the same thing, but went in the other direction as you. (you chose the common sense direction)
I was going to buy a large fleet of used Honda's, but I was going to use my swamp land as collateral. Surely the bank will just trust me.
RIDICULOUS. What they are doing to President Trump is election interference and they can't find what to indict him with to make him look "criminal" first it was porn chick shit then fake insurrection and now this. It just goes to show how desperate biden and his minions are and still get the FUCK JOE BIDEN! chant disrespect wherever he goes because that's all he's actually earned by his actions.
https://www.youtube.com/embed/I8CHMO7lZBEhttps://www.youtube.com/embed/01-jeBBSazcfirtsly see the big picture compare such a chant on putin or north korea? pu ssy riot story? so firstly yay we can. "home of the free" but also tragic that biden policy got so many, and so many chanters. dnc got one, actor saying fuck trump, and cheered at ceremony, so repeated but these are the masses who biden policy hurt.
www.theguardian.com/.../pussy-riot-beaten-jailed-exiled-taunting-putin for contrast.
Hunter Biden sells artwork that looks like it was done by a second grader for hundreds of thousands of dollars and nobody says a word. Why is that do you suppose?
He sorta reminds me of Andy Warhol and you know how much his junk is worth. If it's weird and quirky, someone wants it. Id get some... limited quantities...
Or influence peddling.
I wonder how much Bush gets for his paintings?
Hunter sells his stuff with a little something extra.