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Originally Posted by mostpost
I don’t know if that’s true or not. The crime is that Trump misrepresented the value of his properties in order to obtain larger loans at more favorable rates. That is illegal. As for the banks doing due diligence, if Trump was a favored customer they may have just taken his word-dumb as that may be.
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You have zero knowledge about big money and banks, most big bank deals are done in the last couple of months at the end of the year. Much can be said about the sweetheart deals put together by the banker just to move a larger note. There is big trouble for the people who do not move enough money. Banks are the absolute last sector that I feel sorry for.
