You are viewing a single comment's thread.

view the rest of the comments →

1
0

[–] Frenchgeek 1 point 0 points (+1|-1) ago 

According to a deposition of Trump taken in a defamation lawsuit he filed against journalist Tim O’Brien, North Fork concluded that Trump’s net worth was $1.2 billion and not the $3.5 billion he had said. Deutsche Bank also reviewed Trump’s finances as of 2004, deeming him to be worth “give or take $788 million,” according to the deposition.
( https://www.washingtonpost.com/business/trump-turned-over-tax-returns--for-lawsuits-loans-casinos/2016/09/28/f2580e12-854a-11e6-b57d-dd49277af02f_story.html )

He apparently doesn't know how much money he has, so it doesnt bode well for the accuracy of his estimates of his odds of winning.

0
0

[–] WhiteRonin [S] ago 

Zillow has my house appraised pretty nicely. However, the bank would evaluate it about 10k lower.

Appraisals are just that, estimates.

But, my point is that he has access to people who make their livings off gambling and how odds are set. Banks aren't good at giving you odds for which horse to bet on or which team will win the game. The opposite is true too, I would use a bookie to choose my stocks.

And let's point out that Deutsch Bank could collapse any day ... Do you expect people to trust their appraisals when they are almost bankrupt themselves?

0
1

[–] Frenchgeek 0 points 1 point (+1|-0) ago 

But on the other hand you trust the one guy who refuse to show any proof of it?