@[email protected] to politics @lemmy.worldEnglish • 1 year agoTrump posts nearly $92 million bond in E. Jean Carroll defamation case | CNN Politicswww.cnn.comexternal-linkmessage-square82fedilinkarrow-up1395cross-posted to: [email protected]
arrow-up1395external-linkTrump posts nearly $92 million bond in E. Jean Carroll defamation case | CNN Politicswww.cnn.com@[email protected] to politics @lemmy.worldEnglish • 1 year agomessage-square82fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish6•edit-21 year agoI think he probably put up a building or two as collateral, kind of like a HELOC. If it’s not paid back, they repo the building(s).
minus-square@[email protected]linkfedilink9•1 year agoI hope they got their own appraiser, because the Trump org is infamous for making up numbers. Better check the paperwork at city hall, too, to make sure there are no undisclosed mortgages, leans, or easements on the property.
minus-square@[email protected]linkfedilink6•1 year agoAn institution capable of making risky loans of substantial size certainly should have high quality risk and valuation assessment capabilities.
I think he probably put up a building or two as collateral, kind of like a HELOC. If it’s not paid back, they repo the building(s).
I hope they got their own appraiser, because the Trump org is infamous for making up numbers. Better check the paperwork at city hall, too, to make sure there are no undisclosed mortgages, leans, or easements on the property.
An institution capable of making risky loans of substantial size certainly should have high quality risk and valuation assessment capabilities.