@kescusay@lemmy.world to politics @lemmy.worldEnglish • 1 year agoTrump posts nearly $92 million bond in E. Jean Carroll defamation case | CNN Politicswww.cnn.comexternal-linkmessage-square81fedilinkarrow-up1395arrow-down16file-text
arrow-up1389arrow-down1external-linkTrump posts nearly $92 million bond in E. Jean Carroll defamation case | CNN Politicswww.cnn.com@kescusay@lemmy.world to politics @lemmy.worldEnglish • 1 year agomessage-square81fedilinkfile-text
minus-square@FlowVoid@lemmy.worldlinkfedilinkEnglish6•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@mercano@lemmy.worldlinkfedilink9•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@RememberTheApollo_@lemmy.worldlinkfedilink6•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.