Re: New York State Investigations of Trump and Related
Posted: Wed Jun 30, 2021 8:39 pm
Falsehoods Unchallenged Only Fester and Grow
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John Thomas8 wrote: ↑Wed Jun 30, 2021 8:12 pmMeh, so what? It's not like there's going to be anything of consequence happen from these charges.Maybenaut wrote: ↑Wed Jun 30, 2021 7:56 pm New York grand jury returns criminal indictments against Trump’s company and its CFO, the first from prosecutors probing the former president’s business dealings
https://www.washingtonpost.com/politics ... story.htmlNEW YORK — A grand jury in Manhattan filed criminal indictments Wednesday against former president Donald Trump's company and its longtime chief financial officer, according to two people familiar with the indictments.
The indictments against the Trump Organization and its CFO, Allen Weisselberg, will remain sealed until Thursday afternoon, leaving the specific charges against them unclear. Earlier Wednesday, people familiar with the case said the charges were related to allegations of unpaid taxes on benefits for Trump Organization executives.
Weisselberg is expected to surrender Thursday morning at the office of Manhattan District Attorney Cyrus R. Vance Jr. (D), two people familiar with the plan said. He is expected to be arraigned later in the day in front of a state court judge. The Trump Organization will also be arraigned, represented in court by one of its attorneys.
The criminal charges against the Trump Organization and Weisselberg are the first to result from the investigations by Vance and New York Attorney General Letitia James (D) and represent a dramatic turn in the long-running probes.
Attorneys for both the Trump Organization and Weisselberg declined to comment Wednesday.
Spokespeople for Vance and James — who teamed up to investigate Trump’s business dealings this year after years of working on separate tracks — also declined to comment.
Vance did not respond to a question from a reporter as he left his office Wednesday afternoon. The people familiar with the indictments spoke on the condition of anonymity to disclose private actions.
Yeah, except those banks answer to Boards of Directors. Lending money to a company convicted of being a corrupt enterprise 1) tends to result in your company being investigated and 2) tends to piss off your Board.John Thomas8 wrote: ↑Wed Jun 30, 2021 9:34 pm[citation needed]
Dude has been farking banks for 4 decades. There's idiots in loan offices like there's idiots in every walk of life.
Hasn't bothered banks before, the orange idiot gets sued more times a years than the sun comes up. That some pipsqueek DA indicts a CFO is going to matter? Naw, mutt will find loan money, sleezeballs at his level don't play by the same rules as humans.fierceredpanda wrote: ↑Wed Jun 30, 2021 9:40 pmYeah, except those banks answer to Boards of Directors. Lending money to a company convicted of being a corrupt enterprise 1) tends to result in your company being investigated and 2) tends to piss off your Board.John Thomas8 wrote: ↑Wed Jun 30, 2021 9:34 pm[citation needed]
Dude has been farking banks for 4 decades. There's idiots in loan offices like there's idiots in every walk of life.
fierceredpanda wrote: ↑Wed Jun 30, 2021 9:40 pmYeah, except those banks answer to Boards of Directors. Lending money to a company convicted of being a corrupt enterprise 1) tends to result in your company being investigated and 2) tends to piss off your Board.John Thomas8 wrote: ↑Wed Jun 30, 2021 9:34 pm[citation needed]
Dude has been farking banks for 4 decades. There's idiots in loan offices like there's idiots in every walk of life.
You do understand that there's a huge difference between being sued and the company itself being charged criminally, right? Corporate bylaws at banks usually forbid them from doing business with companies that are charged with these sorts of offenses, not to mention that it is frequently, as Gregg noted, illegal for them to do so.John Thomas8 wrote: ↑Wed Jun 30, 2021 9:53 pm Hasn't bothered banks before, the orange idiot gets sued more times a years than the sun comes up. That some pipsqueek DA indicts a CFO is going to matter? Naw, mutt will find loan money, sleezeballs at his level don't play by the same rules as humans.
https://www.bostonglobe.com/2021/07/01/ ... newsletterThe Trump Organization’s longtime chief financial officer has surrendered to authorities in New York, facing tax-related charges in the most direct attack on Donald Trump and his business to emerge from Manhattan District Attorney Cyrus Vance Jr.’s years-long criminal probe.
Allen Weisselberg, 73, went through a freight entrance to avoid cameras awaiting his arrival in lower Manhattan Thursday, one day after a grand jury indicted him and the company in an extraordinary challenge to the former president.
Yeah, I am expecting oligarchs and sovereign wealth funds will be his next line of credit, esp if he is 'friendly' to their interests in his public statements.Uninformed wrote: ↑Thu Jul 01, 2021 5:06 am Seems there will soon be some great investments opportunities for Russian oligarchs (aka criminals).
From CNN’s Kara Scannell
The Trump Organization released a statement Thursday saying that its chief financial officer, Allen Weisselberg, is being used by Manhattan prosecutors “as a pawn” for politics.
“The District Attorney is bringing a criminal prosecution involving employee benefits that neither the IRS nor any other District Attorney would ever think of bringing. This is not justice; this is politics," the statement, attributed to a spokesperson from the Trump Organization, said.
Indictments charging the Trump Organization and its chief financial officer, Allen Weisselberg, are expected to be unsealed around 2 p.m. ET Thursday, two sources familiar with the matter tell CNN.
Weisselberg surrendered to the Manhattan district attorney’s office Thursday morning ahead of expected criminal charges against him and the company in connection with alleged tax crimes, his attorney tells CNN.
Read the full Trump Organization statement below:
"Allen Weisselberg is a loving and devoted husband, father and grandfather who has worked at the Trump Organization for 48 years. He is now being used by the Manhattan District Attorney as a pawn in a scorched earth attempt to harm the former President. The District Attorney is bringing a criminal prosecution involving employee benefits that neither the IRS nor any other District Attorney would ever think of bringing. This is not justice; this is politics," spokesperson for The Trump Organization.
I have no doubt you know more about the law than I do. Which has nothing to do with this idiot's ability to con banks out of money, which he's exhibited for over 40 years.fierceredpanda wrote: ↑Wed Jun 30, 2021 10:26 pmYou do understand that there's a huge difference between being sued and the company itself being charged criminally, right? Corporate bylaws at banks usually forbid them from doing business with companies that are charged with these sorts of offenses, not to mention that it is frequently, as Gregg noted, illegal for them to do so.John Thomas8 wrote: ↑Wed Jun 30, 2021 9:53 pm Hasn't bothered banks before, the orange idiot gets sued more times a years than the sun comes up. That some pipsqueek DA indicts a CFO is going to matter? Naw, mutt will find loan money, sleezeballs at his level don't play by the same rules as humans.
But don't let my law degree get in the way of your opining.
So let's say everything comes true and all the loans for Trump Org come due with no way to roll them over, since no one will do business with a criminal enterprise. What's to keep tfg from just declaring bankruptcy (again, and again again) and starting over with a new, fresh, Trump Org v5.0 or whatever bankruptcy he's up to now? Is there a law against a criminal org declaring bankruptcy?John Thomas8 wrote: ↑Thu Jul 01, 2021 9:25 amI have no doubt you know more about the law than I do. Which has nothing to do with this idiot's ability to con banks out of money, which he's exhibited for over 40 years.fierceredpanda wrote: ↑Wed Jun 30, 2021 10:26 pmYou do understand that there's a huge difference between being sued and the company itself being charged criminally, right? Corporate bylaws at banks usually forbid them from doing business with companies that are charged with these sorts of offenses, not to mention that it is frequently, as Gregg noted, illegal for them to do so.John Thomas8 wrote: ↑Wed Jun 30, 2021 9:53 pm Hasn't bothered banks before, the orange idiot gets sued more times a years than the sun comes up. That some pipsqueek DA indicts a CFO is going to matter? Naw, mutt will find loan money, sleezeballs at his level don't play by the same rules as humans.
But don't let my law degree get in the way of your opining.
The only bankruptcy available to him after a conviction would be a Chapter 7 liquidation, and I'd bet my last dollar he doesn't have enough assets selling under duress to pay off his loans. You don't get protection under Chapter 11 to re-organize a criminal enterprise.covfefe wrote: ↑Thu Jul 01, 2021 9:36 amSo let's say everything comes true and all the loans for Trump Org come due with no way to roll them over, since no one will do business with a criminal enterprise. What's to keep tfg from just declaring bankruptcy (again, and again again) and starting over with a new, fresh, Trump Org v5.0 or whatever bankruptcy he's up to now? Is there a law against a criminal org declaring bankruptcy?John Thomas8 wrote: ↑Thu Jul 01, 2021 9:25 amI have no doubt you know more about the law than I do. Which has nothing to do with this idiot's ability to con banks out of money, which he's exhibited for over 40 years.fierceredpanda wrote: ↑Wed Jun 30, 2021 10:26 pm
You do understand that there's a huge difference between being sued and the company itself being charged criminally, right? Corporate bylaws at banks usually forbid them from doing business with companies that are charged with these sorts of offenses, not to mention that it is frequently, as Gregg noted, illegal for them to do so.
But don't let my law degree get in the way of your opining.