Quote:
Originally Posted by txdot-guy
People who say things like this really don’t get it. Lying on your financial documents to fool the other party is fraud. It doesn’t matter if anyone was hurt or not. This is the kind of greedy unethical behavior that led to the mortgage crisis in 2008 and created a worldwide recession.
It’s not “Good Business”. It’s morally reprehensible and thinking that it’s OK just means you have the ethics of a used car salesman.

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Our RedHat friends think it's only a crime if a defendant besides the state brings charges.. lots of times the offense raises charges when they cannot financially defend or by some proxy defend inaccuracies, or that government laws are the bigger affected parties. Just like a drunk driver ...they didn't kill you cut could have. The rest of the crimes have been outlined. You redhatted small minded morons think it only is fraud when individuals get injuries. Doesn't happen on large purchases in many cases, yet a discount of 1/2- 1 whole point interest or the valuation of collateral based on a subjective review vs objective review is what are damaging. It's not did Trump pay back at 6% but his real plan should have been based at 8.5% instead of what ever. Liars cannot be trusted ...and Trump wasnt After reviewed by prosecutors. He cheated , he got caught....did he default...no but I'd he had, And almost did in 2019 on several..that would be grounds for further crimes.
The day Donald Trump left the White House, his business was facing $900 million of debt coming due in the next four years. Working through those loans would have been a significant undertaking for any firm, but the Trump Organization was contending with additional challenges. Deutsche Bank, Trump’s longtime lender, was reportedly looking to end its relationship with the real estate mogul. Two other financial institutions, Signature Bank and Professional Bank, had spread the word that they were cutting ties in the wake of January
...if your RedHat doesn't let you see that as criminal.....too bad for you. But not too bad for New Yorkers who expect fair deals and interest rates that meet the terms .....it is what it is.