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WIBC 9AM-Noon Podcast

New York AG claims Trump inflated his net worth

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 31 August 2023

⏱️ 5 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Donald Trump had a busy day yesterday. He had a closed-door deposition and he touted

0:08.6

his real estate credentials, also defended his presidency. And this is in regards to

0:13.5

that New York Attorney General Latisha James, he said that she should drop her lawsuit

0:18.2

because she just doesn't have a case. One of the things that he mentioned was that he's

0:26.0

being accused of inflating his net worth to $2 billion. And he also said during this deposition

0:32.8

that without him, we would have had a nuclear holocaust if he didn't deal with North Korea.

0:38.3

Okay, so the, this Trump net worth thing is hilarious. So they're trying, this is Donald

0:45.9

Trump is being accused of a victimless crime where no one has come forward and said I'm

0:50.8

a victim. There's absolutely not one person in this thing with Latisha James in the state

0:55.4

of New York. There is not one person come forward and said based on what she is doing, that

1:02.0

Donald Trump has wronged me. What she is, she is a literally, literally in this case, a person

1:09.2

in search of a crime. Sure. Because what she's trying to say is so Donald Trump get like many

1:14.7

rich people gets loans. It's not like when you go for a house loan, you know, you go for

1:19.2

a house loan and the bank comes out and doesn't appraiser, you know, hey, we got to find out

1:23.3

what's the house worth. That way, if you default on it, we know we're getting our money back,

1:26.1

blah, blah, blah. When you're the level of rich or wealthy or whatever word you want to use

1:31.3

of Donald Trump, a lot of it is based upon your actual net assets. So when you're asking for

1:40.9

30 million dollars, I'm just making up numbers here. If you're asking for 30 million dollars for

1:45.0

a loan to renovate a hotel, they're not doing it based on the value of the hotel itself.

1:52.9

That may be part of it. But what they're basically doing on how, how personally wealthy are you

1:59.9

as an individual and that will decide the line of credit you can get. Well, teacher James,

2:04.1

the state of New York are alleging will Donald Trump falsified information in order to get loans.

...

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