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Frederick Miles
PowerfulJRE
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Comments by "Frederick Miles" (@frederickmiles8815) on "Dispute Over the Worth of Trump's Mar-a-lago" video.
So true, even if the judge said 180MM or 500MM - that would still be massively undervalued, just madness.
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For what? @ISirSmoke
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500MM would be a massive haircut, like your not selling at that point your just trying to prevent your creditors from ending you. And you use MM not M as MM is short hand for a thousand, thousands. (as M is a roman numerial - cmon bro get your MBA on lol). The real value of property is as collateral is support of line of credit, your wholesale banker has a complex credit risk model (jpm used obligor scoring when i was there) - meaning the lender co-signs off on evaluation plugging values into model. And if they are legit they hired an independent assessor. The tax number the shady NY judge looked at exist independent of the market - why? Well Florida shenanigans 9property tax) that is why. @robot9071
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no i dont - who did he assault, what riot did he start, and over 80% of cases have been dismissed. and the only ones that get passed indictment phases are just odd - like 3rd world banana republic stuff. And for context I have always voted democrat, had actual run ins back when i lived in nyc with both his idiot sons (one of them is Hunter Biden esque in behavior, his wife was actually and still is - a good person) and I know his bad rep as a developer from actual architect friends (boutique firms). I have a decade plus in wholesale banking, field grade army officer, 3 graduate degrees. And yeah after the debacle that has been the last 3 years, normalization of mental illness by the wok folk, destruction of education and our major cities, decimation of our borders - for the first time in my life i am voting GOP and voting for Trump. 99% of Americans - outside of folks in credit risk - have no clue as to the depression at our doorstep. @ISirSmoke
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