General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat's in Twitler's tax returns.
What's in his tax returns are valuations he
placed on assets. Valuations that are vastly different from the ones he listed on loan applications to secure loans. This is illegal. If he had inside help at the bank and they used falsified tax returns his true tax returns being examined by a DA would spell big trouble not just for Twitler but for those complicit at the bank. If he blackmailed those at the bank to be complicit hes in even more trouble. Ive no doubt this is what happened.
louis-t
(23,315 posts)His wealth is not what he claims it is, his income is not what he claims it is, I think there is also some unclaimed income that would be found. He lies, he cheats, he steals. He's fucked if they are ever released.
ProfessorGAC
(65,427 posts)It shows the debt load is far higher than advertised & asset value far lower.
My guesstimate, based on the Moody's report and the revelations about other foreign debt, is that this "stable genius businessman" has had an ROIC of under 1% his whole life.
Over a business period where market aggregate was nearly 9%.
louis-t
(23,315 posts)I have ever seen.