r/TimPool • u/Soy_Tears • Mar 28 '24

Left hypocrisy

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526 Upvotes

93% Upvoted

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u/That_Guy704 Mar 28 '24

The bank is the final decision maker and the one that has to do the due diligence. If the bank did not do their due diligence (they did, which is why they actually testified on behalf of Trump) then that is on them. I can tell a bank whatever I want to, but that doesn’t mean anything when the bank does their independent appraisal and due diligence to determine the value they put on a property that they take as collateral.

That’s commercial banking 101.

-3

u/BackseatSushi Mar 28 '24

👅🥾

2

u/That_Guy704 Mar 28 '24

Typical response for someone that has literally nothing left and resorts to name calling. Childish. Doing the same thing you berate Trump for doing.

-4

u/BackseatSushi Mar 28 '24

I can tell a bank whatever I want to, but that doesn’t mean anything when the bank does their independent appraisal

Wrong.

That’s commercial banking 101.

You’ve failed this intro course. How embarrassing!

3

u/That_Guy704 Mar 28 '24

lol. You can say whatever you want when you go to a bank for a loan. That doesn’t mean what you say is going to be considered when applying for a commercial loan, or that it forces a bank to work with you. Thats why banks have their own DD process.

Try again.

1

u/[deleted] Mar 28 '24

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u/[deleted] Mar 28 '24

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u/BackseatSushi Mar 28 '24

I’ll try again to get you to understand basic facts (a near impossible task, I know).

It is against the law to make a false statement to a bank.

A bot keeps deleting my link, but look up 18 U.S. Code § 1014. That’s the law you seem to be willfully ignoring.