Trump Exaggerated Wealth to Boost Yearly Ranking, Cohen Says

The transcript discusses the inflation of assets and revenues with the knowledge and direction of Mr. Trump. It explains the purpose behind inflating assets, such as improving Trump's ranking on the Forbes wealthiest list and reducing insurance premiums. Financial statements were used to demonstrate Trump's net worth to media and insurance companies. The transcript also touches on the use of inflated assets to secure loans from banks, specifically mentioning Deutsche Bank in an attempt to bid on the Buffalo Bills.

What was the primary reason for inflating Mr. Trump's net worth on the Forbes list?

• To increase his public image

• To secure more business deals

• To gain political influence

• To reduce tax liabilities

Which method was used to inflate the value of a property like 40 Wall Street?

• Applying a made-up multiple to the rent roll

• Reducing the square footage in reports

• Using the lowest price per square foot in the area

• Comparing it to smaller properties

What was one purpose of providing inflated financial statements to insurance companies?

• To reduce the insurance premium

• To gain more insurance policies

• To increase the insurance coverage

• To avoid insurance audits

What was the outcome of providing inflated financial statements to Deutsche Bank?

• Reducing interest rates on existing loans

• Increasing the bank's investment in Trump's businesses

• Winning a bid for the Buffalo Bills

• Securing a loan for a real estate project

Why is inflating assets for a newspaper poll not considered a crime?

• It does not involve financial institutions

• It is a common practice in business

• It is not intended to deceive for financial gain

• It is protected under free speech