Donald Trump got caught red-handed during his $250 million New York bank fraud trial on Monday when lawyers for the New York attorney general’s office revealed Trump had long ago signed financial documents with the clear intent that they would be used to curry favor with banks.
After being shown a loan agreement he had signed with Deutsche Bank in 2012, Trump agreed that his faulty financial statements were intended to induce banks to lend money.
While it might not sound like much, the admission is key to the New York attorney general’s case, which hopes to prove that Trump deceived banks and insurers by massively overvaluing his net worth. Trump essentially admitted on the stand that these financial documents were produced with the express intent to induce lending. The Trump Organization was likely able to secure loans at far lower interest rates due to all the overinflated valuations.
Or he will flee to Russia, a magical land where Enemies of the State™ tend to fall out of windows.
The thing that I wonder about is this: trump will eventually die. Either in prison, or from having too many hamburgers, or from a sudden momentum transfer into concrete. When that happens, then what? Nobody likes his coked out children, and none of the other GQP hopefuls are as popular.