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Originally Posted by 1blackman1
Unsurprisingly Trump is proven to be a fraud in business. The Trump Org is headed for dissolution. He's about to get hit with 250 million in fines. It's getting rough on the old dude. I guess everyone gets what they deserve eventually.
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Based solely on karma, having perennially screwed his suppliers, customers, investors, banks, bondholders and the property tax authorities, he deserves a $250 million fine, and maybe to have management of his New York business turned over to an Administrator.
BUT, what about Festered Uncle's point, below, as well as his assertion (admittedly exaggerated) in post #9,
Quote:
Originally Posted by FesteredUncle
Who was harmed?
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Indeed, who was harmed, during the years that were the subject of the court case? If the New York Times is to be believed, the banks got their money, principal and interest.
And what kind of a fucking idiot would loan money to Donald Trump without knowing he's well-secured? What kind of idiot would take Trump's word for the value of a property? Or even that he had good title to the security?
The banks were big boys and I'd be surprised if they didn't do their due diligence, since they knew what happened to the Donald's creditors in the 1990's.
However, Blackman, you're the lawyer and we're not. Do you think he'll actually have to fork over $250 million for this?
