That's really a shame, isn't it?
New York State Investigations of Trump and Related
- Volkonski
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Re: New York State Investigations of Trump and Related
“If everyone fought for their own convictions there would be no war.” ― Leo Tolstoy, War and Peace
- noblepa
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Re: New York State Investigations of Trump and Related
And chapter 11 requires that you need to negotiate with your creditors and restructure the loans. I doubt if any creditors will agree to that.Gregg wrote: ↑Thu Jul 01, 2021 2:04 pm 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.
Creditors can refuse to cooperate and turn a chapter 11 filing into a chapter 7 filing if they feel there is no possibility that the renegotiated loans will be repaid.
- Volkonski
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Re: New York State Investigations of Trump and Related
“If everyone fought for their own convictions there would be no war.” ― Leo Tolstoy, War and Peace
- Volkonski
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Re: New York State Investigations of Trump and Related
“If everyone fought for their own convictions there would be no war.” ― Leo Tolstoy, War and Peace
- Notaperson
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Re: New York State Investigations of Trump and Related
Woah. IANAL but it sounds a little more serious than we've been led to believe.
- Volkonski
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Re: New York State Investigations of Trump and Related
“If everyone fought for their own convictions there would be no war.” ― Leo Tolstoy, War and Peace
Re: New York State Investigations of Trump and Related
Who is Un-indicted Co-Conspirator #1? Guesses?
Re: New York State Investigations of Trump and Related
Yes, a bit more serious than I had feared. I'm pleased that the charges are not quite as penny-ante as I had thought they would be. Happy to have been proved wrong.Notaperson wrote: ↑Thu Jul 01, 2021 3:03 pm Woah. IANAL but it sounds a little more serious than we've been led to believe.
I particularly like the internal spreadsheet listing all of the under the table compensation as part of direct compensation. As Aaron Reichlin-Melnick (@ReichlinMelnick) tweeted: Moral of the story: Don't "maintain internal spreadsheets" showing that the guy you are paying off the books is being paid off the books.
I'm still a little unclear on the dollar amounts, as the prosecutors keep emphasizing the amounts of federal tax evaded. Those amounts might be relevant to a collateral issue such as the magnitude of total harm caused by the conspiracy (just a hypothetical, haven't looked at the statute). However, the amount of state tax evaded is much less than the amount of federal tax evaded, and at the end of the day the gravity of Weisselberg's state law crimes will be measured primarily by the amount of state tax involved.
And the initial twitter comments suggest that Weisselberg is facing months rather than years in prison.
- zekeb
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Re: New York State Investigations of Trump and Related
Someone whose last name begins with a "T"?
![I'm Thinking :think:](./images/smilies/think.gif)
Largo al factotum.
Re: New York State Investigations of Trump and Related
As always:chancery wrote: ↑Thu Jul 01, 2021 3:21 pmI particularly like the internal spreadsheet listing all of the under the table compensation as part of direct compensation. As Aaron Reichlin-Melnick (@ReichlinMelnick) tweeted: Moral of the story: Don't "maintain internal spreadsheets" showing that the guy you are paying off the books is being paid off the books.
![Image](https://thefogbow.com/forum/images/awards/boots_orly.png)
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Re: New York State Investigations of Trump and Related
If Weisselberg is convicted of NY State income tax evasion, how could the IRS fail to pursue a federal indictment?chancery wrote: ↑Thu Jul 01, 2021 3:21 pmYes, a bit more serious than I had feared. I'm pleased that the charges are not quite as penny-ante as I had thought they would be. Happy to have been proved wrong.Notaperson wrote: ↑Thu Jul 01, 2021 3:03 pm Woah. IANAL but it sounds a little more serious than we've been led to believe.
I particularly like the internal spreadsheet listing all of the under the table compensation as part of direct compensation. As Aaron Reichlin-Melnick (@ReichlinMelnick) tweeted: Moral of the story: Don't "maintain internal spreadsheets" showing that the guy you are paying off the books is being paid off the books.
I'm still a little unclear on the dollar amounts, as the prosecutors keep emphasizing the amounts of federal tax evaded. Those amounts might be relevant to a collateral issue such as the magnitude of total harm caused by the conspiracy (just a hypothetical, haven't looked at the statute). However, the amount of state tax evaded is much less than the amount of federal tax evaded, and at the end of the day the gravity of Weisselberg's state law crimes will be measured primarily by the amount of state tax involved.
And the initial twitter comments suggest that Weisselberg is facing months rather than years in prison.
Re: New York State Investigations of Trump and Related
At least one reporter thinks banks might start calling their loans.
Re: New York State Investigations of Trump and Related
That's a good question much ado. It seems that "someone" quashed the SDNY investigation into the hush money payments after Cohen was indicted. I understand the OLC opinion says you can't indict a sitting president, but T**** is no longer the sitting president and there seem to be endless scandals that implicate him in actual crimes that the DOJ is apparently disinterested in pursuing. Which infuriates me. It's the people of the United States who were screwed by his tax evasion schemes.
I voted for Biden primarily to get T**** out of the White House. But I also voted to have a responsible DOJ and I cannot discern any meaningful action they are taking to clean the mountains of shit up.
I voted for Biden primarily to get T**** out of the White House. But I also voted to have a responsible DOJ and I cannot discern any meaningful action they are taking to clean the mountains of shit up.
Re: New York State Investigations of Trump and Related
As for Jeff Conney, recall in NYS if you appear before the grand jury you get immunity for the matters you testify about (as long as you don't perjure yourself). So I guess in that sense he could be considered a co-operator.
- sugar magnolia
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Re: New York State Investigations of Trump and Related
Wasn't the DOJ basically told to stand down once the OLC opinion came out? If so, the current DOJ would have basically had to start from scratch and it's only been about 6 months so far. I would think that type of investigation would take more then 6 months to conduct.filly wrote: ↑Thu Jul 01, 2021 3:39 pm That's a good question much ado. It seems that "someone" quashed the SDNY investigation into the hush money payments after Cohen was indicted. I understand the OLC opinion says you can't indict a sitting president, but T**** is no longer the sitting president and there seem to be endless scandals that implicate him in actual crimes that the DOJ is apparently disinterested in pursuing. Which infuriates me. It's the people of the United States who were screwed by his tax evasion schemes.
I voted for Biden primarily to get T**** out of the White House. But I also voted to have a responsible DOJ and I cannot discern any meaningful action they are taking to clean the mountains of shit up.
Re: New York State Investigations of Trump and Related
Un-indicted co-conspirator # 1 could be Eric Trump. Could also be Weisselberg, Jr. Time, I suppose, will tell.
And, of course,
And, of course,
The Wire never disappoints.
"Hey! We left this England place because it was bogus, and if we don't get some cool rules ourselves, pronto, we'll just be bogus too!" -- Thomas Jefferson
Re: New York State Investigations of Trump and Related
If Weisselberg and his son were being paid off books ... what are the chances that the Trump family were being paid off books?
Re: New York State Investigations of Trump and Related
I forget where I saw that, but others are speculating that name too.
- MN-Skeptic
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Re: New York State Investigations of Trump and Related
It's very tempting for closely held corporations to pay for expenses of their owners and the owners' families. I can't imagine Trump NOT having his company pay for his personal expenses.
Tim Walz’ Golden Rule: Mind your own damn business!
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Re: New York State Investigations of Trump and Related
If the minions were getting a cent then the Trumps were getting a dollar.
If you can't lie to yourself, who can you lie to?
Re: New York State Investigations of Trump and Related
Jeff McConney
https://thehill.com/regulation/cybersec ... al-counselJeff McConney, a senior vice president and controller at the Trump Organization, has testified before a grand jury that was stood up by the Manhattan District Attorney's office to determine if charges should be brought against former President Trump and his company.
McConney is one of several witnesses who have testified in front of the grand jury, according to ABC News. His testimony — the first from an employee of the company — indicates that prosecutors have conducted a deep probe into the Trump Organization’s finances.
New York state law mandates that witnesses like McConney are granted immunity on the subject of their testimony. He could still be prosecuted for perjury should he lie, however.
- Frater I*I
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Re: New York State Investigations of Trump and Related
What!?!?!?! No perp walk!!!!!
"He sewed his eyes shut because he is afraid to see, He tries to tell me what I put inside of me
He's got the answers to ease my curiosity, He dreamed a god up and called it Christianity"
Trent Reznor
He's got the answers to ease my curiosity, He dreamed a god up and called it Christianity"
Trent Reznor