Skip to content
Do you have adblock enabled?
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Independent)   Apparently, the banks woke up to the fact that a certain failed guy has been pushing more bullshiat than a shovel at a steer farm on his loan applications   (independent.co.uk) divider line
    More: Asinine, United States, Virginia, state treasurer's office, Hispanic and Latino Americans, Former President Donald Trump, West Virginia, recent speech, Donald Trump  
•       •       •

3220 clicks; posted to Politics » on 07 Oct 2022 at 1:55 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



45 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-10-07 10:06:15 AM  
Why is he worried about American banks, when he doesn't even use them, with, according to his sons at least, the bulk of their loans are funded by Russian sources?

It's almost as if he's suddenly worried that the purse strings might get cut.
 
2022-10-07 12:02:20 PM  

hubiestubert: Why is he worried about American banks, when he doesn't even use them, with, according to his sons at least, the bulk of their loans are funded by Russian sources?

It's almost as if he's suddenly worried that the purse strings might get cut.


Purse strings were cut years ago, the only bank that does business with TFG anymore is DeutschBank because they are a money laundering outfit that happens to operate some banking branches

And with all the scrutiny TFG's been bringing them, they'll probably drop him if they haven't already
 
2022-10-07 12:31:31 PM  
They won't recall his loans for the same reason the DOJ is treating him with kid gloves.

He would burn all his properties to the ground if they recalled his loans.
 
2022-10-07 1:34:30 PM  

The Exit Stencilist: hubiestubert: Why is he worried about American banks, when he doesn't even use them, with, according to his sons at least, the bulk of their loans are funded by Russian sources?

It's almost as if he's suddenly worried that the purse strings might get cut.

Purse strings were cut years ago, the only bank that does business with TFG anymore is DeutschBank because they are a money laundering outfit that happens to operate some banking branches

And with all the scrutiny TFG's been bringing them, they'll probably drop him if they haven't already


I was more thinking that the Russian purse strings might get cut, and if that happens...well, he's gonna need banks to keep laundering stuff. Donnie's not a bright man, but he can certainly sense when things are going sour, and Putin and his buddies are on a mighty far limb at this point, and they keep sawing at it. He's dumb enough to think he can survive without Russia, and threatening banks with his mob is the best shot that he's got.

The best shot that he has at this point is to swallow a lot of pills and go quietly in his sleep, but I doubt that he's even got the courage to go that way.
 
2022-10-07 1:36:43 PM  
The former president said during a speech this week that US banks have "done much less for the Hispanic community than they should"

Maybe the bank presidents should shill for Goya
 
2022-10-07 1:56:58 PM  
He's sucking up to Goya, because Goya sucked up to him.
 
2022-10-07 1:57:23 PM  

The Exit Stencilist: DeutschBank


Pretty sure that Deshawn Watson is TFG's backer these days.
 
2022-10-07 1:58:14 PM  
If banks were 'woke' wouldn't they be doing more for the Hispanic community?
 
2022-10-07 1:58:19 PM  

NewportBarGuy: They won't recall his loans for the same reason the DOJ is treating him with kid gloves.

He would burn all his properties to the ground if they recalled his loans.


If the banks loaned him money on his property they are essentially his partners and have a vested interest in him staying afloat. People should not look for banks he has borrowed from to help sink Trump's ship. They'd be shooting themselves in the foot should he default.
 
2022-10-07 1:58:24 PM  
This reminds me that I need to move all my crypto and NFTs over to DeutcsheBank and then provide them with the current valuation of $10 billion based on how I feel today and then ask Deutsche for a $15 billion loan against my crypto and NFTs.

Apparently, some people do business this way and never get penalized for it. So, Drew I shall be buying Fark soon followed by a Fark-branded jet for all the Fark parties.
 
2022-10-07 1:58:34 PM  
His audience has to realize that Trump's the guy in the club bathroom happy to blow anyone for a line.
 
2022-10-07 1:58:49 PM  
Woke (for normals) - verb: alert to injustice in society, especially racism.
Woke (for Trump and people who consume PVC conduit adhesive) - verb: alert to the fact i'm not able to get away with what I want and I will 'other' the noun that stands in my way.
 
2022-10-07 1:59:12 PM  
So the banks have gone "woke" by not dealing with the Hispanic community? That's just...

I feel like there isn't enough Sudafed in the world to enable me to understand this logic. Maybe I should take a marijuana?
 
2022-10-07 2:00:07 PM  
What the hell is Donny talking about? That was just gibberish
 
2022-10-07 2:00:30 PM  
"Mr Trump did not give examples of how the banks have "gone woke" before or after his statement at the conference, nor did he elaborate on how exactly the banks have underserved Hispanic Americans."

So, as always, he lied.
 
2022-10-07 2:01:44 PM  
If the banks had gone "woke" wouldn't they have been overfunding Hispanic communities?
 
2022-10-07 2:02:07 PM  
One day, the Republican langage will only have two words : woke and patriot.
Woke for bad things.
Patriot for good things.
 
2022-10-07 2:02:33 PM  

hubiestubert: Why is he worried about American banks, when he doesn't even use them, with, according to his sons at least, the bulk of their loans are funded by Russian sources?

It's almost as if he's suddenly worried that the purse strings might get cut.


Yeah, the open letter from Mazars that said "Don't trust any of the valuations you've been provided in the past" kind of washed away any plausible deniability that might have existed.

Now any real bank that has shareholders or non-operator owners needs to worry about whether the loans look legit under more scrutiny (instead of just barely passing casual inspection).
 
2022-10-07 2:03:08 PM  

Weaver95: What the hell is Donny talking about? That was just gibberish


Obviously, he's speaking on a higher plane of communication than lowly plebes such as yourself can understand.

#covfefe
 
2022-10-07 2:03:20 PM  

NewportBarGuy: They won't recall his loans for the same reason the DOJ is treating him with kid gloves.

He would burn all his properties to the ground if they recalled his loans.


We should let him burn them all. Then take the property. After they are seized they should all be reforested and turned into public parks. Burning them down will just make the process easier.
 
2022-10-07 2:04:07 PM  
Woah, something I agree with, well not the WOKE part, but the "Let's punish banks"
 
2022-10-07 2:06:14 PM  
Trump says banks have 'gone woke' and should be 'penalised very severely'

Well, he's half right.
 
2022-10-07 2:06:40 PM  

OhioUGrad: This reminds me that I need to move all my crypto and NFTs over to DeutcsheBank and then provide them with the current valuation of $10 billion based on how I feel today and then ask Deutsche for a $15 billion loan against my crypto and NFTs.

Apparently, some people do business this way and never get penalized for it. So, Drew I shall be buying Fark soon followed by a Fark-branded jet for all the Fark parties.


We need FARK NFT's
 
2022-10-07 2:07:16 PM  

Eunice's Social Calendar: If the banks had gone "woke" wouldn't they have been overfunding Hispanic communities?


Fark user imageView Full Size
 
2022-10-07 2:07:35 PM  
America First Police (sic) Institute. A non-partisan group... with a Republican agenda. You can trust us, we wrote "non-partisan" on our website. What? Are you going to judge us on our actions or what we tell you we are? Your lying eyes are trying to deceive you. Donate money now because we love dirty Mex Hispanics
 
2022-10-07 2:11:30 PM  

bumfuzzled: So the banks have gone "woke" by not dealing with the Hispanic community? That's just...

I feel like there isn't enough Sudafed in the world to enable me to understand this logic. Maybe I should take a marijuana?


Liberals are the real racists, so not helping the Hispanic communities proves they are "woke".
 
2022-10-07 2:12:14 PM  

NewportBarGuy: They won't recall his loans for the same reason the DOJ is treating him with kid gloves.

He would burn all his properties to the ground if they recalled his loans.


So, good? I assume they have fire insurance.
 
2022-10-07 2:16:19 PM  

Free Radical: If banks were 'woke' wouldn't they be doing more for the Hispanic community?


This is pretty dangerous stuff -- Trump's team knows what they're doing (as does the GOP). "Woke" just means 'evil liberal stuff' to them, molded any way they want. Many HIspanic populations are susceptible to what white ones are -- the left is taking their families, making men into women, etc. They're making amazing progress.
 
2022-10-07 2:23:36 PM  

JohnBigBootay: NewportBarGuy: They won't recall his loans for the same reason the DOJ is treating him with kid gloves.

He would burn all his properties to the ground if they recalled his loans.

If the banks loaned him money on his property they are essentially his partners and have a vested interest in him staying afloat. People should not look for banks he has borrowed from to help sink Trump's ship. They'd be shooting themselves in the foot should he default.


His properties are his collateral for the loans. So long as the value of those properties are somewhere within the range of the loan, the bank doesn't care whether he can stay afloat or not. That's the benefit of a loan as opposed to an equity-based funding. If a funder offers a loan, they have collateral, so they don't care whether you succeed or fail. On the flip side, they don't get to share on your success. The most they can get is the agreed upon interest. If the funder offers to buy a bit of the equity, then they DO care whether you succeed or fail. Here, they get to share on your success, but they also share on the failure (to the extend of losing as much as they put in, and no more; limited liability and all that).

What TFG has done is exorbitantly over inflate the value of his properties so that a $100M loan is collateralized with a property (or properties) he claims is worth the $100M, but in reality is really worth just $25M. When that happens, he can default and the bank can either take 25¢ to the $1 they gave him, or help support him some more so that he can pay back the amount in full. I'm sure he has some clause in the loan agreement that prevents the bank from going after anything else that is not listed as collateral. As you can imagine, what he did then, is called fraud.
 
2022-10-07 2:27:58 PM  

The Exit Stencilist: hubiestubert: Why is he worried about American banks, when he doesn't even use them, with, according to his sons at least, the bulk of their loans are funded by Russian sources?

It's almost as if he's suddenly worried that the purse strings might get cut.

Purse strings were cut years ago, the only bank that does business with TFG anymore is DeutschBank because they are a money laundering outfit that happens to operate some banking branches

And with all the scrutiny TFG's been bringing them, they'll probably drop him if they haven't already


They dropped him years ago. He had a particular manager that loved him. She retired/got fired while he was President.
 
2022-10-07 2:28:44 PM  

NewportBarGuy: They won't recall his loans for the same reason the DOJ is treating him with kid gloves.

He would burn all his properties to the ground if they recalled his loans.


And they're probably insured for trillions.
 
2022-10-07 2:34:39 PM  
"The banks are woke" and "they don't do anything for the hispanic community" all in the same paragraph.

Truly a dizzying intellect.
 
2022-10-07 2:37:48 PM  
"The state's treasurer, Riley Moore, told Fox Business that the state would not stand for the banks' decision to commit to fossil-fuel reduction."

Fark user imageView Full Size


What the hell type of commies are trying to tell American banks where and when they can invest?
 
2022-10-07 2:42:00 PM  
Why penalize them? They're going to go broke anyway, right? "Go woke and go broke," is that catchphrase ya'll been doin' so it's had to have happened at least once.
 
2022-10-07 2:51:33 PM  
 
2022-10-07 2:54:31 PM  
Banks have gone Woke while at the same time not doing enough for Hispanics

Okay
 
2022-10-07 3:58:59 PM  
Trump says the banks have done much less for the Hispanic community than they should.  Conveniently forgetting that he had four years to help correct that and didn't do much about it. Suddenly he has realized there may be a problem. I can't believe people believe that he really cares about this.
 
2022-10-07 4:04:06 PM  

runwiz: Trump says the banks have done much less for the Hispanic community than they should.  Conveniently forgetting that he had four years to help correct that and didn't do much about it. Suddenly he has realized there may be a problem. I can't believe people believe that he really cares about this.


He realized that some male Hispanics voted for him sometime since January 2021
 
2022-10-07 4:15:59 PM  

bumfuzzled: So the banks have gone "woke" by not dealing with the Hispanic community? That's just...

I feel like there isn't enough Sudafed in the world to enable me to understand this logic. Maybe I should take a marijuana?


Not the reefer marijuanas!  That's the Devil's weed.
 
2022-10-07 4:18:46 PM  
If I am a bank, I am going to do what's in my best interests. More customers borrowing, more money flowing in. That's what it's all about for banks.

Banks have every right to go 'green' and focus on developing markets, especially now as they are gaining in interest and the next generation of the technology (ICYMI: the efficiency barrier has risen dramatically with a new design. A significant improvement). Big Oil & Big Coal are freaking out about it, too. This is because at 30% efficiency, it starts becoming cost-viable for the masses as an alternative to energy created by coal\oil. As they push beyond that pleateau, it can end up cheaper compared to oil/gas driven energy.

But the reality is that this is Angry Carrot and his theater. He is trying to exploit Hispanics to go against banks. And when I look here where I am, this would affect one bank far more than others, and it is the same bank known to have financed Trump's nearest golf course. Hmm. If that's true in other states as well, then that bank is probably on the verge of calling in his loans and he wants to punish them for that before they do. Just more 'theater' to sway things to his liking regardless of what's right for the rest of us. If he does claim bankruptcy again, especially right now, its going to ruin him and many realize his debts fall on the taxpayers of those red states, his "people" as it were. They will lose their minds. Successful businessmen and bankruptcy don't go well together.
 
2022-10-07 5:10:18 PM  

hubiestubert: The Exit Stencilist: hubiestubert: Why is he worried about American banks, when he doesn't even use them, with, according to his sons at least, the bulk of their loans are funded by Russian sources?

It's almost as if he's suddenly worried that the purse strings might get cut.

Purse strings were cut years ago, the only bank that does business with TFG anymore is DeutschBank because they are a money laundering outfit that happens to operate some banking branches

And with all the scrutiny TFG's been bringing them, they'll probably drop him if they haven't already

I was more thinking that the Russian purse strings might get cut, and if that happens...well, he's gonna need banks to keep laundering stuff. Donnie's not a bright man, but he can certainly sense when things are going sour, and Putin and his buddies are on a mighty far limb at this point, and they keep sawing at it. He's dumb enough to think he can survive without Russia, and threatening banks with his mob is the best shot that he's got.

The best shot that he has at this point is to swallow a lot of pills and go quietly in his sleep, but I doubt that he's even got the courage to go that way.


But that would eliminate the suffering that I pray to the invisible sky dude to put him through at the end. That's how it works right? I outpray him and my wish gets granted?
 
2022-10-07 5:28:29 PM  
Ok, Trump is a moron.

On another note, we must stop kidding ourselves that Hispanics are anything but conservatives. The only reason they vote for democrats is that republicans have been treating them like animals for years, but that's not going to do it in the long term. First and a good chunk of second generation immigrants carry their country of origin's attitudes about a lot of things EXCEPT for things that affect them on a personal level. So the republican racism is the only reason Hispanics vote blue. REMEMBER THIS.
 
2022-10-07 6:02:06 PM  

JohnBigBootay: NewportBarGuy: They won't recall his loans for the same reason the DOJ is treating him with kid gloves.

He would burn all his properties to the ground if they recalled his loans.

If the banks loaned him money on his property they are essentially his partners and have a vested interest in him staying afloat. People should not look for banks he has borrowed from to help sink Trump's ship. They'd be shooting themselves in the foot should he default.


Best story I ever heard about him was during his first bankruptcy. He had bought a yacht right before he went under. The bank called him and said "Hey, your responsible for the insurance on that thing not us." He said something like "Well you'd better hope nothing happens to it because I'm not paying for insurance and if it sinks, you own it."

The bank paid the insurance on the yacht.
 
2022-10-07 6:04:07 PM  

lilbjorn: NewportBarGuy: They won't recall his loans for the same reason the DOJ is treating him with kid gloves.

He would burn all his properties to the ground if they recalled his loans.

And they're probably insured for trillions.


By Trump?! LOL

Insurance premiums are charged based on the value of the property. He probably had them valued at $1 to save on premiums.

He's a huckster. That dude has the minimum he's allowed to carry. And even then, it's probably with a carrier that will fold the second someone makes a claim.
 
2022-10-07 6:49:24 PM  

NewportBarGuy: They won't recall his loans for the same reason the DOJ is treating him with kid gloves.

He would burn all his properties to the ground if they recalled his loans.


Not a chance. What do Trump's casino and January 6 have in common? Both are examples of Trump's steadfast belief that the body can be revived long after it has reached room temperature.
 
Displayed 45 of 45 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking




On Twitter


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.