An interesting question is this: IF Trump’s real estate was so much overvalued (meaning: the court believes it’s worth way, way less) then why the penalty is so ridiculously high (in comparison to the “real” low value)?
If the “real” value is $20m then the penalty should be $10m or $5m.
I think Trump should just default and wait for the appeal.
An interesting question is this: IF Trump’s real estate was so much overvalued (meaning: the court believes it’s worth way, way less) then why the penalty is so ridiculously high (in comparison to the “real” low value)?
If the “real” value is $20m then the penalty should be $10m or $5m.
I think Trump should just default and wait for the appeal.
If he defaults, the government will seize his NY assets.