Steve Bannon, who accepted a pardon from Trump on fraud charges, praises Trump after $350 million fraud ruling
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From the February 16, 2024, edition of Real America's Voice's War Room
STEVE BANNON (HOST): When you do financings, this is exactly what you do. And what do you do? You get some consultants, you get advisers, but you also do your own work and run your own numbers and you run perturbations, one perturbation after other after other. And you do all the discounted cash flows, you argue, you look at contemporary what's going on. These banks were not a bunch of rube, community banks, these are the most sophisticated banks in the world that did these type of transactions all the time.
No. It is just a bald face lie. And even when they do the calculations, no banker complained here. No banker gave testimony that they got ripped off. There was no defaults. I don't think there was ever any late payments. This was as close to normal course of business. So, here's my point. They took what is normal course of business that happens every day in every major city in this country.