Highlights: Former President Donald Trump relied on a Forbes article to “prove” his net worth when placing a bid to buy the NFL’s Buffalo Bills – a decade-old business move that came under scrutiny during his New York civil fraud trial on Tuesday.
K. Don Cornwell of Morgan Stanley testified in court that Trump distributed printouts from Forbes regarding the highest-paid entertainers to affirm his financial standing to Buffalo Bills executives after claiming a net worth of over $8 billion in an offer letter. The former president refused to disclose financial statements to bankers involved in his $1 billion bid for the football team in 2014.
Got your timeline mixed up Bubba.
Forbes was bigly financial media back then. Totally valid estimate of individual worth. Hell, I would’ve put it in a prospectus.
Until a Russian billionaire bought it. Now it’s fake news.*
* Trump is free to roll this back given, uh, recent, uh, circumstances. Caveat: Trump is not beholden to any sort of Russian influence. It is what it is. Coincidence. If he says that. I guess.
(Fuck me. I can’t even sustain the sarcasm and irony in this timeline. Agent 3733: Done here, punch me out, coming home. Let President Ocasio-Cortez I’ll be back for dinner.)