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Name:
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MartiniMan
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Subject:
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Deutsche Bank executive exonerates Trump
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Date:
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11/29/2023 10:59:11 AM
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Not that it will matter in this case as the fix is in but this will be the key to Trump's almost certainly successful appeal. While we already know this is a political persecution using lawfare because there is no victim (i.e., all loans were paid back and the banks made millions of profit), we now know with certainty that the claim of fraud is false, and that is central to the case.
As the bank exec (who was involved in the loans and their approval) testified, it is common for them to independently evaluate and discount net worth valuations and that the delta is a "difference of opinion" and not fraud. It happens all the time, particularly with high net worth borrowers that have real estate assets.
He also indicated that while approving loans like this is atypical it was also not entirely unusual. Seems a bit confusing until you understand that borrowers like Trump can get loans that ordinary schmucks like us cannot. Life ain't fair but that is not even remotely fraud. And their underwriting process worked like a charm because Trump paid the loans and the banks made millions in profit.
Like I said, none of this will matter to the nutjob judge or the prosecutor because if evidence, the law and truth were part of their process they would have never brought this case in the first place. But it will matter bigly when this goes to appeal.
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