Popular Post Lacessit Posted February 26 Popular Post Share Posted February 26 24 minutes ago, Chomper Higgot said: No, anyone who’s liabilities are greater than their assets is broke. What you banging on about Obama and Biden for? It's the look over there strategy. 4 Link to comment Share on other sites More sharing options...
Yellowtail Posted February 26 Share Posted February 26 2 minutes ago, Lacessit said: It's the look over there strategy. I know it's tough, but please try to follow along old timer. 1 2 1 1 Link to comment Share on other sites More sharing options...
Popular Post Lacessit Posted February 26 Popular Post Share Posted February 26 (edited) 30 minutes ago, Yellowtail said: So, you do not understand the difference between assets and cash? Why does that not surprise me.... Everyone knows thy can't try to help Trump or they'll be next. Again, a proud day for the left. Cash is an asset. A liquid one, assets such as property are not because it takes time to liquidate them. AFAIK no accountants, not even Trump's, fail to list cash in the asset column of a balance sheet. https://en.wikipedia.org/wiki/Balance_sheet That's the difference, thanks for demonstrating the depth of your financial expertise. Actually, it's a proud day for the rule of law. However, you are incapable of understanding that either. Edited February 26 by Lacessit 1 2 1 1 Link to comment Share on other sites More sharing options...
Yellowtail Posted February 26 Share Posted February 26 14 minutes ago, Lacessit said: Cash is an asset. A liquid one, assets such as property are not because it takes time to liquidate them. AFAIK no accountants, not even Trump's, fail to list cash in the asset column of a balance sheet. That's the difference, thanks for demonstrating the depth of your financial expertise. Actually, it's a proud day for the rule of law. However, you are incapable of understanding that either. No one said cash was not an asset. Again, please try to follow along. 2 1 1 Link to comment Share on other sites More sharing options...
Roo Island Posted February 26 Share Posted February 26 1 hour ago, Yellowtail said: Why, don't you think it's funny? I know you support and applaud it. I don't support destroying anyone, unlike Trump. I do support upholding the law. Break it, pay the price. 2 Link to comment Share on other sites More sharing options...
Popular Post Roo Island Posted February 26 Popular Post Share Posted February 26 (edited) 1 hour ago, Yellowtail said: I'm not big on leftist, Soros funded Attorney Generals that run on "getting" an individual and that then use obscure laws that no one else gets prosecuted for to do it. Why is the bank not being prosecuted for not checking? I am all for opening every load agreement in the county, and prosecuting every real estate appraiser that overvalued a property and ever loan officer that did not do their due-diligence and approved the loans. Another conspiracy theory. Boggles my mind as to how anyone would fail for them. Many estate agents and loan officers went to jail or paid fines for the late 2000's real estate crash. Fraud. Edited February 26 by Roo Island 1 3 Link to comment Share on other sites More sharing options...
Popular Post Yellowtail Posted February 26 Popular Post Share Posted February 26 16 minutes ago, Roo Island said: I don't support destroying anyone, unlike Trump. I do support upholding the law. Break it, pay the price. Unless you're a Biden or a Clinton, or an illegal alien, then you get a pass. 1 1 1 2 Link to comment Share on other sites More sharing options...
Yellowtail Posted February 26 Share Posted February 26 15 minutes ago, Roo Island said: Another conspiracy theory. Boggles my mind as to how anyone would fail for them. Many estate agents and loan officers went to jail or paid fines for the late 2000's real estate crash. Fraud. Boggles my mind as to how anyone would compare the two. Did you have any examples? 1 Link to comment Share on other sites More sharing options...
Popular Post Danderman123 Posted February 26 Popular Post Share Posted February 26 12 minutes ago, Yellowtail said: Unless you're a Biden or a Clinton, or an illegal alien, then you get a pass. No need to get a pass when you haven't committed a crime. Any "crimes" committed by Joe Biden exist only in your tortured mind, and will disappear the day after Trump loses in November. 1 2 2 Link to comment Share on other sites More sharing options...
Roo Island Posted February 26 Share Posted February 26 23 minutes ago, Yellowtail said: Boggles my mind as to how anyone would compare the two. Did you have any examples? I was involved with it a bit. And know some who got stung. Happens all the time. Do a Google search. https://www.justice.gov/opa/pr/loan-officer-sentenced-54-months-prison-role-mortgage-fraud-scheme-resulted-more-92-million 2 Link to comment Share on other sites More sharing options...
Yellowtail Posted February 26 Share Posted February 26 1 minute ago, Roo Island said: I was involved with it a bit. And know some who got stung. Happens all the time. Do a Google search. https://www.justice.gov/opa/pr/loan-officer-sentenced-54-months-prison-role-mortgage-fraud-scheme-resulted-more-92-million That's hilarious. Nothing at all like the Trump case. 1 Link to comment Share on other sites More sharing options...
Popular Post Lacessit Posted February 26 Popular Post Share Posted February 26 51 minutes ago, Yellowtail said: No one said cash was not an asset. Again, please try to follow along. You did. Quote: "So, you do not understand the difference between assets and cash?" Trying to bullsh!t your way out of one of the most stupid posts I've seen for a while is not going to wash with anyone but your fellow Trump acolytes. 2 1 1 2 Link to comment Share on other sites More sharing options...
Popular Post Yellowtail Posted February 26 Popular Post Share Posted February 26 2 minutes ago, Lacessit said: You did. Quote: "So, you do not understand the difference between assets and cash?" Trying to bullsh!t your way out of one of the most stupid posts I've seen for a while is not going to wash with anyone but your fellow Trump acolytes. You are claiming there is no difference between cash and assets? Cash is an asset; assets are not necessarily cash. Do you see the difference now? 1 1 2 1 Link to comment Share on other sites More sharing options...
James Roderick Posted February 26 Share Posted February 26 On 2/17/2024 at 9:34 AM, Eric Loh said: With that ruling, we can now officially called Trump a fraudster and a con artist. What was the fraud exactly and who lost money ?? 2 1 1 Link to comment Share on other sites More sharing options...
Popular Post Lacessit Posted February 26 Popular Post Share Posted February 26 1 minute ago, James Roderick said: What was the fraud exactly and who lost money ?? Claiming an apartment is three times its actual surface area, to inflate its value, is fraud. Bank shareholders lost money, as the banks would have charged a higher interest rate on loans advanced to Trump if they had known the true value of the assets. 4 1 1 Link to comment Share on other sites More sharing options...
scottiejohn Posted February 26 Share Posted February 26 2 hours ago, Chomper Higgot said: I’ve said all along, Trump is broke. Let us hope and pray that what many wish is true! Link to comment Share on other sites More sharing options...
Yellowtail Posted February 26 Share Posted February 26 4 minutes ago, Lacessit said: Claiming an apartment is three times its actual surface area, to inflate its value, is fraud. Bank shareholders lost money, as the banks would have charged a higher interest rate on loans advanced to Trump if they had known the true value of the assets. So, the bank just took his word for it. I think any banket that take a loan applicant's word for the value of a property is committing fraud as well. 1 1 1 1 Link to comment Share on other sites More sharing options...
Popular Post Lacessit Posted February 26 Popular Post Share Posted February 26 14 minutes ago, Yellowtail said: You are claiming there is no difference between cash and assets? Cash is an asset; assets are not necessarily cash. Do you see the difference now? I guess I had better throw my bookkeeping diploma in the bin, and start over with your version. You've been caught out with a dumb mistake, and you're not fooling anyone. 3 Link to comment Share on other sites More sharing options...
Lacessit Posted February 26 Share Posted February 26 2 minutes ago, Yellowtail said: So, the bank just took his word for it. I think any banket that take a loan applicant's word for the value of a property is committing fraud as well. "Banket"? You are adding evidence to the hypothesis you are posting while drunk. 1 1 Link to comment Share on other sites More sharing options...
Popular Post Danderman123 Posted February 26 Popular Post Share Posted February 26 (edited) 8 minutes ago, Yellowtail said: I think any banket that take a loan applicant's word for the value of a property is committing fraud as well. The banks investigate the contents of a loan application as best they can. But if an applicant commits fraud concerning cash flows, not much a bank can do. That's why asset valuation fraud is a bad thing. When your defense of Trump is reduced to challenging the validity of laws, you are pretty much done. Edited February 26 by Danderman123 3 Link to comment Share on other sites More sharing options...
Danderman123 Posted February 26 Share Posted February 26 28 minutes ago, Yellowtail said: You are claiming there is no difference between cash and assets? Cash is an asset; assets are not necessarily cash. Do you see the difference now? Wouldn't it be easier just to say you made a mistake? Or maybe "the Democrats pirated your account and made mistakes to make you look bad". 2 Link to comment Share on other sites More sharing options...
Popular Post frank83628 Posted February 26 Popular Post Share Posted February 26 5 hours ago, xylophone said: Donald Trump is racing against time to find a half-billion dollar bond 26 Feb 08:22 AM New York Times: Trump doesn't appear to have enough cash on hand to pay up. trump doesn't look too happy in this pic, poor orange man LOL....... and there is another....perfectly fine.... 1 2 Link to comment Share on other sites More sharing options...
Rimmer Posted February 26 Share Posted February 26 An unattributed post has been removed Link to comment Share on other sites More sharing options...
Danderman123 Posted February 26 Share Posted February 26 2 hours ago, Yellowtail said: I'm not big on leftist, Soros funded Attorney Generals that run on "getting" an individual and that then use obscure laws that no one else gets prosecuted for to do it. https://justfacts.votesmart.org/candidate/campaign-finance/80307/letitia-james Soros contributed $20,000 to Leticia James. She raised $6 million. 1 Link to comment Share on other sites More sharing options...
Popular Post scottiejohn Posted February 26 Popular Post Share Posted February 26 2 hours ago, Chomper Higgot said: What you banging on about Obama and Biden for? Because it has runout, as usual, of a legitimate straight and meaningful answer that is even remotely connected to the question! Situation normal for it's posts! 2 1 Link to comment Share on other sites More sharing options...
Lacessit Posted February 26 Share Posted February 26 18 minutes ago, frank83628 said: and there is another....perfectly fine.... You're saying he looks fine in that photo? That's the same vacant look one sees in dementia patients. 2 Link to comment Share on other sites More sharing options...
mikebike Posted February 26 Share Posted February 26 59 minutes ago, James Roderick said: What was the fraud exactly and who lost money ?? His creditors. As Yellowtail repeatedly says, please follow along 🤣 1 Link to comment Share on other sites More sharing options...
Popular Post frank83628 Posted February 26 Popular Post Share Posted February 26 11 minutes ago, Lacessit said: That's the same vacant look one sees in dementia patients. you would be well versed in that being a Biden supporter and covering for your doddery old man, ..actually, i'm pretty sure there is a thread only the other day that said Biden was too frail to stand trial....but if you disagree, then get him on the stand!! 2 2 1 Link to comment Share on other sites More sharing options...
Popular Post mikebike Posted February 26 Popular Post Share Posted February 26 46 minutes ago, Yellowtail said: So, the bank just took his word for it. I think any banket that take a loan applicant's word for the value of a property is committing fraud as well. Except that is not how the law works, is it. Tell us when you have reached rock bottom diggin' that hole, eh? 😉 2 1 1 3 Link to comment Share on other sites More sharing options...
Popular Post Lacessit Posted February 26 Popular Post Share Posted February 26 Just now, mikebike said: Except that is not how the law works, is it. Tell us when you have reached rock bottom diggin' that hole, eh? 😉 IMO he will come out somewhere in China. 1 3 Link to comment Share on other sites More sharing options...
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