"O'Leary said very few business sectors create the amount of cash flow that real estate does. What Trump was found liable for doing, he argued, is not too different from the typical "haggling" that goes on between a prospective debtor and a bank.
"You go to a bank and you say, 'Look, I want to borrow $200 million to build a building’. And they say, ‘What assets do you have that we can secure this loan against?’ And you point to a building you built before, and you haggle, and you argue about the value of that building."
https://www.foxnews.com/media/trump-fraud-ruling-reveals-new-york-assault-real-estate-move-your-business-outEdited by kp83 at 07:33:50 on 02/20/24