Tornado Alley (PROG)

[newmedman]

First of all, The Trump camp already tried to settle the suit but NY didn't accept it...

New York attorney general rejects Trump's settlement offer, perhaps clearing the way for a long-expected lawsuit, report says https://www.businessinsider.com/donald-trump-settlement-offer-rejected-ny-ag-lawsuit-letita-james-2022-9

... so therefore they do claim culpability and them all taking the fifth in their depositions doesn't help much either. It only makes them look more guilty.

Secondly, Trump was so far in the hole that there were only a limited amount of places that he could get money from, you see taking multiple millions of dollars and then filling for bankruptcy multiple times doesn't sit well with most large institutions.

Trump May Have A Lot Of Money, But Documents Show He Owes A Lot, Too
https://www.npr.org/2017/06/20/533552769/trump-may-have-a-lot-of-money-but-documents-show-he-owes-a-lot-too

Lastly, the banks he wound up with, particularly Deutsce, admitted that they did little to no due diligence on his true financial position. They just gave him what he wanted and even after he defaulted on one branch, he just went to another.

Trump and Deutsche Bank: It’s Complicated
https://www.wnycstudios.org/podcasts/trumpinc/episodes/trump-inc-trump-deutsche-bank-its-complicated

He's not an everyday shmuck like you and me. He's a real criminal. When I used to own my business and do house flipping/rentals I had a 750K LOC approved at a fixed rate because I could then buy properties for cash and did not have to deal with fluctuating interest rates and multiple mortgage lenders. It took me over 6 months, multiple appraisals and financial digging to get the credit secured. They poured over my and my wife's complete history and the properties that I rented before they would approve it.

Trumpty Dumpty just walked into the office and got what he asked for and I wouldn't be surprised if there were some serious kickbacks involved either as the criminal investigations are still ongoing. He's now ready for his fall from the wall and all off his horses and all of his men will not be able to put him back together again.

I had to close out the LOC as part of my divorce settlement and going to get a new one was the same process, just a lot smaller line because now I only own three properties and soon to be two because I'm about to close on my Florida place and completely downsize my life to a more stress free way of living and I didn't once ever file for bankruptcy or default on a single penny. Now it will just sit there like a rainy day fund, like if a meteor hits my or my mom's house or something.

Trump is fucked. If NY state prevails he will never be able to borrow a dime again. Though it could take years of litigation if they don't reach an agreeable settlement. The espionage trial will probably go quicker than that and it's hard to borrow money from a federal penitentiary

Have a nice day!.