Trump said he never felt his financial statements “would be taken very seriously,” and that people who did business with him were given ample warning not to trust them.
Trump described the statements as “a fairly good compilation of properties” rather than a true representation of their value. Some numbers, he noted, were “guesstimates.”
Trump said he never felt his financial statements “would be taken very seriously,” and that people who did business with him were given ample warning not to trust them.
Trump described the statements as “a fairly good compilation of properties” rather than a true representation of their value. Some numbers, he noted, were “guesstimates.”
Trump claimed the statements were mainly for his use, though he conceded financial institutions sometimes asked for them.
Even then, he insisted it didn’t matter legally if they were accurate or not, because they came with a disclaimer.
“I have a clause in there that says, ‘Don’t believe the statement. Go out and do your own work,” Trump testified. “You’re supposed to pay no credence to what we say whatsoever.”
I’m guessing that the bank also insisted on an affirmation… someone signing somewhere that everything was true and accurate.
And that some idiot signed that statement. Possibly trump.
Edit: Also:
Trump suggested he could get “a fortune” from the Saudi Arabia-backed LIV golf league for the Turnberry course, a former British Open site.
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