When something works, there is a tendency to repeat it. It looked to Trump like over valuations really worked. It is a fact that as he was making money, so were his companies and the banks. A win-win.
To Trump, image is everything. “I look better if I’m worth $10 billion than if I’m worth $4 billion,” he once said, disputing his ranking on the Forbes billionaires list. (a quote from the New York Times)
Multiple fraudulent claims extract a heavy penalty in New York State. This is why Trump’s business is in so much trouble.
Donald Trump has already bashed New York Attorney General Letitia James, calling her racist, and Judge Arthur Engoron as deranged. He has referred to the AG as biased and corrupt. This is pare for the course.
See AP ink: Who is Arthur Engoron?
More to come.
Stay tuned,
Dave