APPLICATION OF OUR LAWS.
THAT WOULD BE UNCONSTITUTIONAL.
RUNNING IS NOW FOR THE FULL HOUR
THE 45TH PRESIDENT OF THE
UNITED STATES DONALD TRUMP,
MR. PRESIDENT GOOD TO SEE YOU.
>> President Trump: THAT WAS A
VERY GOOD JOB.
LOOKS LIKE YOU’VE DONE IT
BEFORE.
>> Sean: I HAVE EVERY ONCE IN
A WHILE.
>> President Trump: THINK YOU
VERY MUCH.
>> Sean: YOU SAW LETITIA JAMES
LETITIA JAMES.
OKAY WHAT WAS YOUR REACTION?
>> President Trump: SHE
CAMPAIGNED ON IT FOUR YEARS AGO
IT WAS A VICIOUS CAMPAIGN AND
SHE JUST TALKED ABOUT TRUMP AND
HOW WORK AND INDICT HIM AND GET
HIM SHE KNEW NOTHING ABOUT ME I
KNOW NOTHING ABOUT HER EYE SAY
THE STATEMENTS THAT SHE WAS
PUTTING OUT WITHOUT KNOWING
ANYTHING.
SHE SAID THAT WE ARE GONNA GET
HIM HER WHOLE CAMPAIGN WAS BASED
OFF THAT.
THEN SHE CAME AFTER US WE HAVE
BEEN GOING OVER THIS FOR YEARS.
I ACTUALLY THOUGHT BECAUSE OUR
VALUES ARE REALLY HIGH, THE
COMPANY IS GREAT I BUILT A GREAT
COMPANY YOU TAKE PLACES LIKE
THIS IN SO MANY OTHER PLACES I
HAVE.
LIKE THIS FRANKLY, JUST AMONG
THE FINEST PLACES ANYWHERE IN
THE WORLD.
I ACTUALLY THOUGHT THAT THEY
WOULD NEVER BRING THE CASE AND
SHE BROUGHT IT.
THE REASON I THOUGHT WAS BECAUSE
SHE DIDN’T HAVE A CASE.
I WAS OF THE IMPRESSION THAT SHE
WANTED TO SETTLE, BUT I HAD A
PROBLEM BECAUSE HOW DO YOU PAY
SOMETHING EVEN IF THE SMALL
AMOUNT OF MONEY IF YOU’RE NOT
GUILTY.
JUST WAS JUST A CONTINUATION OF
THE WITCH HUNT THAT BEGAN WHEN I
CAME DOWN THE ESCALATOR OF
TRUMP TOWER WITH OUR WHO WOULD
NO, OUR GREAT FUTURE FIRST LADY
WHO’S DONE A GREAT JOB AND
PEOPLE LOVE HER.
WE CAME DOWN THE ESCALATOR AND
IT STARTED.
I’M SO PROUD OF WHAT WE DID, WE
HAVE THE STRONGEST BORDER IN THE
COUNTRY.
WE HAD THE BIGGEST TAX CUTS AND
REGULATION CUTS IT.
WE DO BEST IMPLEMENT IN THE
COUNTRY.
WE WERE ENERGY INDEPENDENT, WE
DID THINGS AND NOBODY EVER
THOUGHT POSSIBLE.
WE WOULD BEEN ENERGY DOMINANT
THROUGHOUT THE WORLD IN VERY
SHORT PERIOD OF TIME.
MUCH LARGER THAN RUSSIA COME A
MUCH LARGER THAN SAUDI ARABIA
PUT TOGETHER.
WE WERE ALL SET, AND THEN THEY
CAME ALONG AND THEY JUST
DISMANTLE THAT.
THEY WOULDN’T FINISH THE WALL,
THE WALL WAS COMPLETED THE
ORIGINAL SECTION WAS COMPLETED
THEY SAID LET’S DO MORE.
WE DID MORE WE COULD OF HAD THAT
FINISHED ABOUT THREE WEEKS.
NOW YOU HAVE MILLIONS, AND
MILLIONS OF PEOPLE POURING
THROUGH.
WE DO STRONGEST BORDER IN
HISTORY BY THE WAY THAT INCLUDED
DRUGS TOO.
WE HAD DRUGS DOWN 19% FROM WHAT
THEY WERE THE PREVIOUS YEAR AND
20% FROM WHAT THEY WERE THAT
PREVIOUS YEAR.
WE WERE DOING GREAT, AND OTHER
DRUGS ARE POURING INTO OUR
COUNTRY AT A LEVEL THAT NOBODY
HAS SEEN AND THE PEOPLE YOU’RE
EMPTYING OUT THEIR PRESENT.
>> Sean: THEM TO GO BACK TO
LETITIA JAMES DID YOU EVER IN
YOUR LIFE FILL OUT A LOAN
APPLICATION?
>> President Trump: WE MAKE
LOANS BUT I VERY LITTLE DEBT.
I MIGHT ADD ONE THING THEY HAVE
DEMEANED ME FOR YEARS WITH THE
STUFF AND NOW THEY FIND OUT THAT
I HAVE VERY LITTLE DEBT, VERY,
VERY LITTLE.
A LOT OF CASH, WE HAVE A GREAT
COMPANY AND WE HAVE AMONG THE
BUS ASSETS ANYWHERE IN THE
WORLD.
I WENT THROUGH COMEDY WERE
DEMEANING ME CONSTANTLY THESE
PEOPLE.
THERE IS SOMETHING WRONG WITH
THEM.
I REALLY BELIEVE THAT THEY HAD
OUR COUNTRY.
>> Sean: I WAS TOLD IN YOUR
FINANCIAL STATEMENT WHEN YOU
MAKE A LOAN APPLICATION I DON’T
KNOW IF YOU CAN CONFIRM OR
DENIED THIS OR NOT?
DO YOU PUT IN A CAVEAT THAT
ACTUALLY SAYS THESE ARE OUR
VALUATIONS BECAUSE I DON’T KNOW
A LENDING INSTITUTION OR BANK OR
FINANCIAL INSTITUTION THAT WILL
LEND MONEY TO ANYBODY AND JUST
GO BY THE BORROWER’S ESTIMATION
OR EVALUATION OF A PARTICULAR
PROPERTY.
IF YOU’RE BUYING A HUNDRED
MILLION DOLLAR PROPERTY IN YOUR
PUTTING X, Y, AND SEEKS TO
ESTIMATE ITS VALUE AT THIS.
DON’T THEY HAVE A FIDUCIARY
RESPONSIBILITY BEFORE YOU’D THEY
GIVE YOU THAT AMOUNT OF MONEY?
>> President Trump: FIRST OF
ALL THESE ARE BANKS OF THE BEST
LAW FIRMS IN THE WORLD.
THEY DO YOUR OWN WORK WHAT THEY
DO IS WE HAVE A DISCLAIMER.
WE PUT TOGETHER MY PEOPLE PUT
TOGETHER, I WOULD LOOK AT IT.
IT IS NOT OVERLY IMPORTANT WHAT
IS IMPORTANT IS THE PROPERTY.
WHAT HAPPENED SEAN IS WE WOULD
DISCLAIMER RUN ON THE FRONT.
IT BASICALLY SAYS GET YOUR OWN
PEOPLE, YOU’RE AT YOUR OWN RISK
BUT THIS WAS DONE BY MANAGEMENT.
IT WASN’T DONE, IT WAS DONE BY
MANAGEMENT.
DON’T RELY ON THE STATEMENT THAT
YOU’RE GETTING.
BY THE WAY IT GOES ON FOR LIKE A
PAGE AND A HALF IT’S A VERY BIG
DISCLAIMER IS A VERY POWERFUL
DISCLAIMER.
IT BASICALLY SAYS TO AN
INSTITUTION YOU ARE GONNA LOAN
MONEY IF THEY GO OUT AND MAKE
SURE THAT YOU GET YOUR OWN
APPRAISERS, YOUR OWN LAWYERS,
EVERYTHING.
THESE ARE BANKS OF THE BEST
LAWYERS IN THE WORLD SEAN.
AND BY THE WAY, THEY GOT PAID
BACK.
JUST SO YOU KNOW.
>> Sean: NO HARM?
>> President Trump: I PAID IT
BACK BECAUSE WE HAVE A LOT OF
CASH.
I PAID MANY OF THEM OFF.
I HAVE VERY LITTLE DEBT.
UNBELIEVABLE LITTLE DEBT.
>> Sean: SO THERE WAS NO HARM,
NO FOUL?
SO YOU TOLD EVERY INSTITUTION
WHAT YOU BELIEVE THE EVALUATION
IS?
THEY HAVE A FIDUCIARY
RESPONSIBILITY BEFORE THEY GIVE
YOU A HUNDRED OR 200 OR
$300 MILLION TO BUY A PROPERTY
THEY HAVE THAT RESPONSIBILITY TO
COME UP WITH THEIR OWN
EVALUATION BECAUSE THEY HAVE
THEIR OWN BOSSES AND
SHAREHOLDERS THAT THEY HAVE TO
ANSWER TO?
>> President Trump: THEY WOULD
LOOK LIKE A PROPERTY LIKE THIS
ARE EVEN HAVE A MORTGAGE ON HIS
PROPERTY I DON’T HAVE A MORTGAGE
ON MOST MY PROPERTIES.
YET SO MUCH MONEY, I’M SAYING
WHAT ARE TALKING ABOUT?
ACTUALLY THE ONE GOOD THING IF
PEOPLE SEE WHAT A GREAT COMPANY
I’VE BUILT.
I BUILT A GREAT COMPANY, A
POWERFUL COMPANY, A COMPANY THAT
IS VERY LOWLY LEVERAGED AMONGST
THE BEST ASSETS ANYWHERE IN THE
WORLD.
I MEAN YOU LOOK AT THIS ASSET
ASSET, --
I CAN TELL YOU IT’S MANY TIMES
THAT NUMBER.
SHE SAYS OH, HE VALUED IT AT 75
OR WHATEVER.
WHAT IS LETITIA JAMES NO?
I DON’T HAVE A MORTGAGE, IF I
WASN’T UP, UP A MORTGAGE ON HIS
PROPERTY THE INSTITUTIONS ARE TO
BE COMING OVER THERE TO GO
THROUGH COMPARABLE PROPERTIES
ALL OVER PALM BEACH OR WHEREVER
IT IS OR WHEREVER IT MAY BE.
MIAMI, WE HAVE THEM ALL OVER AND
WE HAVE TREMENDOUS PROPERTIES.
AGAIN, WE HAVE VERY LITTLE DEBT.
DEBT WE DID HAD IT WAS PAID
CURRENT, THE BANKS MADE A LOT OF
MONEY, SHE IS TRYING TO DEFEND
BANKS THAT GOT PAID OFF.
SHE IS TRYING TO DEFEND BANKS
THAT HAD UNBELIEVABLE LEGAL
TALENT.
I WILL TELL YOU THAT THEY ARE
VERY GOOD.
>> Sean: THERE IS NO LOAN THAT
YOU CAN THINK OF WHERE THEY DID
THEIR OWN EVALUATION AND THEIR
OWN VETTING HER OWN FINANCIAL
ASSESSMENT?
>> President Trump: THEY HAVE
PEOPLE IN HOUSE THEY WOULD TOO.
YOU CAN’T JUST SAY HERE’S A
FINANCIAL STATEMENT.
WHAT WE DO IS HERE IS A
FINANCIAL STATEMENT, BUT BE
CAREFUL BECAUSE IT MAY NOT BE
ACCURATE, IT MAY BE WAY OFF AND
WE KNOW I THINK IT’S CLOSE TO A
PAGE AND A HALF OF ALL OF THESE
THINGS.
GET YOUR OWN PEOPLE, USE YOUR
OWN APPRAISERS, USE YOUR OWN
LAWYERS.
DON’T RELY ON US.
AND THEN SHE SUED US AGAIN I
DIDN’T THINK THIS WOULD HAPPEN
BECAUSE THEY HAD NO CASE.
I MET WITH THEM, ACTUALLY
THOUGHT THAT THEY WANT TO SETTLE
BUT I DIDN’T WANT TO SETTLE
BECAUSE UNIFI PAID A VERY SMALL