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11,000. the inflated square footage put the valuation at $327 million. >> to this date, no apartment in new york city has ever sold for close to that amount. >> reporter: in response to the lawsuit, the former president had this to say on fox news. >> i actually thought that they would never bring a case and she brought it. and the reason i thought because she didnt have a case. i was of the impression she wanted to settle, but i had a problem because how do you pay something, even if its a smal...

Organization itself has really got a world of pain right now. >> so danny, those of us who have lived or worked in new york city will perhaps not be surprised that donald trump over inflated the value of properties. but the criminal referral, tell us about that. >> its not historically significant that trump and his family are being sued. everybody knows that. its not historically significant that theyre being sued by the thy attorney general. what is significant is the potential referral to the...

So, you know, nobody got i never got a default. and i paid them back because we have a lot of cash. i paid them back . many of the i haid many of them off. i have very little debt, unbelievably little debt,ther the loans off. so so there was no harm, no noso bank.old ever >> they didnt lose money?y in no.stitut you told everyhe institution wht you believe the valuation is . they have a fiduciary fiduciarresponsibility before ti you one hundred or 200 or 30on0 million dollars to buy a property. e...

Showing him that you are right and then going home. that should motivate you. >> will you sue him for us? we will sue him and [bleep] and he will know my name personally. >> carley: brooke singman live with the details, broke. >> good morning guys, the lawsuit from attorney general letitia james accuses the former president and his family financial fraud which includes overhauling his properties. she also claims gave false financial statement and inflating his network. listen. >> donald trump en...

Given to people, but there were a lot of disclaimers. lets take a listen to what he said. >> we have a disclaimer right on the front, and it basically says, get your own people, youre at your own risk, this was done by management. it wasnt done by us. it was done by management. dont rely on the statement that youre getting. >> there you hear trump saying there were all these disclaimers. another point well hear from his team is these were sophisticated lenders. they did their own due diligence. ...

This portion of the defense from the former president. okay, i will tell you what he said. what he said was that there is a disclaimer that we put on the front of it that the managers that you have to check the numbers. >> they may not be right. >> dont trust my $750 million valuation, do your own job. it seems like weve seen a version of this defense for a long time now. >> well, and i think michael cohen, his former bodyman, refuted that here on our air maybe last night. said that that just wa...

An estimated 15% of their valuation. do you think the market is overreacting? howd you know that? the company profile tool, in thinkorswim®. yes, i love you!! please ignore that. td ameritrade. award-winning customer service that has your back. new astepro allergy. td ameritrade. now available without a prescription. astepro is the first and only 24-hour steroid free spray. while other allergy sprays take hours astepro starts working in 30 minutes. so you can... astepro and go. >> duncan: a man...

And so i know, internally at the bank, there are a lot of people who have taken his numbers with a grain of salt, and who, going through the ags complaint, in detail today, theres, you know, it is evidence actually that supports that, it becomes quite clear, that this is, the financials that trump was presenting, were, you know, people had to recognize that he was hyping it. >> rebecca, what do you make of this idea that we just talked about that trump actually knew he was misleading them and he...

So you’re a great teacher.