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re: OT- Apparently Buck Belue is a Liberal

Posted on 10/6/23 at 9:09 pm to
Posted by Whiznot
Albany, GA
Member since Oct 2013
7011 posts
Posted on 10/6/23 at 9:09 pm to
I'm a former FDIC examiner. A couple of times I spent 6 weeks in big NYC banks analysing shared national credits, over billion dollar lines. One of the lines I worked was Trump's casino line. At that time the line was under bankruptcy. I don't remember much about it because the adverse classification was automatic due to the bankruptcy. In spite of multiple bankruptcies the bankers continued to lend.

It isn't unusual for there to be different asset values between book value and tax value. The big banks understand values. They aren't deceived but they are often deceptive. I have no doubt that Trump and his bankers are all crooked as hell.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64236 posts
Posted on 10/6/23 at 9:27 pm to
quote:

It isn't unusual for there to be different asset values between book value and tax value. The big banks understand values.


Thanks for being on Trump's side on this case.


quote:

I have no doubt that Trump and his bankers are all crooked as hell.


So chick-fil-a is too salty. Got it.
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