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re: OT- Apparently Buck Belue is a Liberal
Posted on 10/6/23 at 11:07 am to FinleyStreet
Posted on 10/6/23 at 11:07 am to FinleyStreet
quote:
Technically he's being accused of both - understating assets for tax purposes and overstating assets to get debt from lenders.
My understanding is this is a semi common practice accordi g to whose evaluations the lenders accept...
If Trump was behind in paying his debts I could understand the Government coming after him with barred teeth and wanting their lb of flesh.
BUT... none of his lenders are concerned, debts are being paid and everyone is happy except for the NYC DA who based her whole campaign on getting Trump...
1
Posted on 10/6/23 at 11:28 am to dallasga6
Agree with Dallas. If Trump inflated assets to get a huge loan, then never paid it back, then the lender goes after the assets as collateral and discovers they are actually worthless, then I could see a civil and/or criminal cause of action. But in this case, none of that happened.
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