{"id":52892,"date":"2023-12-02T13:29:41","date_gmt":"2023-12-02T18:29:41","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=52892"},"modified":"2023-12-02T13:29:41","modified_gmt":"2023-12-02T18:29:41","slug":"i-guess-that-testimony-did-not-go-as-planned","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=52892","title":{"rendered":"I Guess That Testimony Did Not Go As Planned"},"content":{"rendered":"

On Friday, Breitbart<\/a> posted an article about the ongoing trial of President Trump in New York. It is becoming apparent that President Trump is being tried for a crime where there was no victim.<\/p>\n

The article reports:<\/p>\n

A Deutsche Bank AG executive told a court in New York on Tuesday that it is not unusual for loan clients to overstate their net worth, and that the bank does its own due diligence in determining eligibility for loans.<\/strong><\/p>\n

Another executive testified that the bank had benefited from its business relationship with Trump and had wanted to continue that relationship \u2014 all of which runs against Attorney General Letitia James\u2019s civil fraud case against Trump: there was no one harmed by alleged overestimates of his worth.<\/strong><\/p>\n

Trump faces the first case ever brought in New York in which a borrower is being sued for fraud when no one is claiming actual harm. The state is seeking a $250 million fine against Trump, and wants him to be forced to give up control of his businesses.<\/strong><\/p>\n

Judge\u00a0Arthur Engoron, an elected\u00a0Democrat<\/a>, issued a summary judgment that Trump was liable before Trump was ever able to mount a defense. The current phase of the trial is simply about the penalty. But it is undermining the state\u2019s basic allegations.<\/strong><\/p>\n

On December 1st, The Messenger<\/a> reported:<\/p>\n

The evidence shows that banks made money on these loans, which were paid off either early or on time. In fact, none of the banks complained about the Trump organization\u2019s estimations, which were accompanied by a warning that the banks should not rely on those estimates.<\/strong><\/p>\n

Moreover, James is seeking to kill a corporation once viewed as iconic in New York, not just by denying the certificates for the Trumps to do business in the city but by imposing $250 million in penalties for money that no one actually lost.<\/strong><\/p>\n

That all became curiouser this week when two bankers were called by the defense. Rosemary Vrablic and David Williams worked on Deutsche Bank loans to the Trumps for years, and they testified that the banks made millions and\u00a0viewed Trump as a much-sought-after “whale” client<\/a>\u00a0\u2014 what Vrablic described as a \u201cvery high net-worth individual.\u201d<\/strong><\/p>\n

Williams testified that net worth is “subjective” in such documents as property valuations and are offered as mere “estimates.” It is not uncommon for a bank’s estimates to differ from a client\u2019s.<\/strong><\/p>\n

If nothing else, this illustrates the absurdity of the case.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Friday, Breitbart posted an article about the ongoing trial of President Trump in New York. It is becoming apparent that President Trump is being tried for a crime where there was no victim. The article reports: A Deutsche Bank … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1554,10348,6252,669,8809,792,10589,5339,17145,10552],"class_list":["post-52892","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-attorney-general","tag-breitbart","tag-breitbart-com","tag-democrat","tag-deutsche-bank","tag-new-york","tag-president-trump","tag-testimony","tag-the-messenger","tag-the-trump-organization"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/52892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52892"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/52892\/revisions"}],"predecessor-version":[{"id":52893,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/52892\/revisions\/52893"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}