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In reply to the discussion: Trump's Bond Has Been Rejected [View all]Backseat Driver
(4,671 posts)42. Bait and switch written right into the small print...
"...that sells home loans sub prime to people that the repo business knows (or fixes things--recall a 10% or more unemployment rate?) they can not pay back the loan (because Countrywide's subprime lender did not need to apply funds to the credit of the "owner" ) and then they repo lots of those homes and sell them again to another sucker...so often one could not find the titles--musical one-time homeowners and banks getting a bailout from the rest of the taxpayers
Sounds somewhat like the mortgage CDO tranche scamming...If they can do it with homes, vehicles should be a junkyard snap!
There was also this insider trading thing? https://www.democraticunderground.com/100218833088
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that is what he has done his adult life . outspend . out live . dela. rinse and repeat.
AllaN01Bear
Apr 2024
#23
when is the court ging to get trump towers . i wanna se part of it a homless , battered women ,
AllaN01Bear
Apr 2024
#24
I wish, they will give this bafoon time to lay out his finacial capibilities to prove he can bond.
Bluethroughu
Apr 2024
#6
He's not required to file his financials with the bond. It's the surety company's financial statement that's missing
onenote
Apr 2024
#19
Huh? The risk of his not having enough assets to back up the bond is a risk taken by the surety.
onenote
Apr 2024
#49
Thank you and have a great day. That was nice. Please and thank you. Extra nice.
twodogsbarking
Apr 2024
#14
So Trump and his sleazy businesses want to get their needed bond money from a sleazy used car ....
Botany
Apr 2024
#27
All this is about is whether the Sheriff starts auctioning Trump Tower or not. And if he gets to appeal or not.
marble falls
Apr 2024
#41