The Soapbox

Los Angeles Hoo

Joined: 03/05/2014 Posts: 19808
Likes: 30506


I have accepted it. You are stating the obvious that…


…any banker, particularly one at a sophisticated financial institution dealing with a sophisticated situation, would do their own due diligence. Table stakes would be understanding that valuing trophy properties is next to impossible.

So, while your point about underwriting is accurate, it’s also akin to stating that the sun rises in the East. It’s meaningless to post something that everyone already knows.

(In response to this post by 111Balz)

Posted: 09/29/2023 at 10:39AM



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Current Thread:
 
  
Why can’t we all be as smart as Trump? -- Skeets 09/29/2023 07:08AM
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