trump tried to get bond money from one of the outfits he was convicted of defrauding

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Originally posted by JudgeG:
Some folks can justify any damn thing. The words “emotions” or “feelings” are the core of EMI, TDS and wokeness, not facts or logic. Justice based on emotions is only as predictable as the agenda of the judge and the trier of fact. Right wing or left, I t’s called prejudice. Feeling good about a ruling based on prejudice should be an anathema to American jurisprudence.

So, where does the Chief Justice of the Alabama Supreme Court quoting scripture in a ruling fall on your scale of proper jurisprudence?

https://www.msn.com/en-us/news...2dbf0d489feae&ei=117

‘He’s exposed’: Donald Trump learns that there are some bills you cannot weasel out of

I will not be voting for Trump, so spare me the lecture. That said, 454 million is a staggering amount of cash. I have several (well 3) clients with a net worth North of the big B that do not have 100 million liquid. I actually have an issue with this and I dont even like the guy. Maybe because it hits close to home. If i have a client needing to make cash margin calls the board does not care what his land assets are worth. I guess im sensitive to it since i grew up land rich and cash poor.

Funny, I never felt much sympathy for those who complain about being land-rich.

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Originally posted by RolandtheHeadless:
Funny, I never felt much sympathy for those who complain about being land-rich.

Then you havent been it.

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Originally posted by zebrazapper:
I will not be voting for Trump, so spare me the lecture. That said, 454 million is a staggering amount of cash. I have several (well 3) clients with a net worth North of the big B that do not have 100 million liquid. I actually have an issue with this and I dont even like the guy. Maybe because it hits close to home. If i have a client needing to make cash margin calls the board does not care what his land assets are worth. I guess im sensitive to it since i grew up land rich and cash poor.

A good reason to not lie to lenders on your financial disclosures. As pointed out above, the amount is not a fine, it is not a penalty, it is disgorgement of the benefit that Trump obtained through his own fraudulent actions. He is not being asked to give up anything more than the unjust enrichment he reaped through his own fraud. I have zero sympathy for the immoral bastard.

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Originally posted by MJines:

quote:

Originally posted by zebrazapper:
I will not be voting for Trump, so spare me the lecture. That said, 454 million is a staggering amount of cash. I have several (well 3) clients with a net worth North of the big B that do not have 100 million liquid. I actually have an issue with this and I dont even like the guy. Maybe because it hits close to home. If i have a client needing to make cash margin calls the board does not care what his land assets are worth. I guess im sensitive to it since i grew up land rich and cash poor.

A good reason to not lie to lenders on your financial disclosures. As pointed out above, the amount is not a fine, it is not a penalty, it is disgorgement of the benefit that Trump obtained through his own fraudulent actions. He is not being asked to give up anything more than the unjust enrichment he reaped through his own fraud. I have zero sympathy for the immoral bastard.

I wonder how much the people whining about the size of the Judgement figure a common shoplifter should get to keep of what THEY steal...

Shoplifters are sinners. Trump is Orange Jesus. What he does is simply in the furtherance of God’s will.

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Originally posted by MJines:
Shoplifters are sinners. Trump is Orange Jesus. What he does is simply in the furtherance of God’s will.

There's that.

But was he Jesus when he was lying or only later?

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That said, 454 million is a staggering amount of cash.

It's not some fantasy figure dreamed up by a judge. It is fact based on the amount of money he got away with not paying due to his financial fraud. Screw him.

Reportedly AG James filed a 132 page motion today showing that Trump's assets, or at least his equity, are not worth as much as the Judgement, by a considerable amount. I haven't found a link to it.

Newsmax??

They even give Fox a good run for their money in making things up!

Both are brainwashing zombies who are unable to think for themselves!

Not even the murdering Sheikh of Saudi Arabia will lend Donald the money. Maybe he's tapped out after giving Jared $2 billion.

The fascinating world of politics!

His son in law is a GENIUS!

He convinces him to support Israel’s illegal annexation of the Golan Heights, because NitanHitler paid him.

On the other side, he convinces SAUDI ARABIA to give him billions to invest!

Talk about working both sides!

quote:

Originally posted by Jefffive:
Reportedly AG James filed a 132 page motion today showing that Trump's assets, or at least his equity, are not worth as much as the Judgement, by a considerable amount. I haven't found a link to it.

I wonder if any interested buyers have discreetly contacted the AG. By the time loans were repaid and the state deducted its cost of disposing of the property there might be little left to put towards satisfying the judgement.

If he doesn't get any relief from the courts they may have to sell a LOT of property in order to net nearly $500 million IF that's even possible.

quote:

Originally posted by Jefffive:
Reportedly AG James filed a 132 page motion today showing that Trump's assets, or at least his equity, are not worth as much as the Judgement, by a considerable amount. I haven't found a link to it.

Could they seize his plane?

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Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by Jefffive:
Reportedly AG James filed a 132 page motion today showing that Trump's assets, or at least his equity, are not worth as much as the Judgement, by a considerable amount. I haven't found a link to it.

Could they seize his plane?

I would assume so, it's an asset of one of the hundreds of shell companies under the Trump Org scam.

quote:

Originally posted by Jefffive:

quote:

Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by Jefffive:
Reportedly AG James filed a 132 page motion today showing that Trump's assets, or at least his equity, are not worth as much as the Judgement, by a considerable amount. I haven't found a link to it.

Could they seize his plane?

I would assume so, it's an asset of one of the hundreds of shell companies under the Trump Org scam.

I don’t think they should. A better strategy might be to leave him an escape route.

If the heat gets much worse it wouldn’t surprise me to see him head for someplace without an extradition treaty. The money he has left should keep him safe and sound for the remainder of time he has left on this side of his dementia.

I hear Cuba’s nice this time of year, and not that far from MaraLago.

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Originally posted by Tumbleweed:

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Originally posted by Jefffive:

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Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by Jefffive:
Reportedly AG James filed a 132 page motion today showing that Trump's assets, or at least his equity, are not worth as much as the Judgement, by a considerable amount. I haven't found a link to it.

Could they seize his plane?

I would assume so, it's an asset of one of the hundreds of shell companies under the Trump Org scam.

I don’t think they should. A better strategy might be to leave him an escape route.

If the heat gets much worse it wouldn’t surprise me to see him head for someplace without an extradition treaty. The money he has left should keep him safe and sound for the remainder of time he has left on this side of his dementia.

I hear Cuba’s nice this time of year, and not that far from MaraLago.

Only if they plan to shoot it down over international waters as a fleeing felon.

He's a criminal and needs to face the Law like any other criminal to serve as an example to future Republicans, or Whigs, or Know-Nothings, or whatever they rename the remnants of the Party.

Was he or his lawyer/s lying under oath about having $400+ mil in cash and cash equivalents?

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Originally posted by ANTELOPEDUNDEE:
Was he or his lawyer/s lying under oath about having $400+ mil in cash and cash equivalents?

Yes.

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Originally posted by MJines:

quote:

Originally posted by Jefffive:
The "Judge's" concern for Trump is particularly poignant when you consider that Trump's entire career has consisted of manipulating the courts to screw anyone who opposed him or had the sheer audacity to expect to be paid what they were owed.

I have to chuckle when the Trumplicans talk about "lawfare" and the like. Their Orange Jesus is the poster child for lawsuit abuse and tort reform and has made it a practice to regularly use the court system to harass, cajole, intimidate and browbeat opponents, frequently resorting to frivolous lawsuits to do so. As the Judge said, payback is a M.F.

. . . the king of lawsuit abuse files his latest frivolous lawsuit. Is he engaged in "lawfare"? Just another effort to plug up the judicial system with a worthless filing.

Trump Files Suit Against Stephanopoulos

You mean an outfit who sought out his business, valued his assets, gladly made the loans, was repaid in full and testified that they never were defrauded, regardless of what the judge said while suffering from cult crazed, hyper-religious TDS.

BTW, as Lavrentiy Beria said, show me the man and I’ll find the crime… I’m sure, even absent TDS hysteria, Trump could, and maybe should, be held liable for financial mal and misfeasance… but surely, when the alleged victims say “no foul”, the DA needed to search a bit harder.

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Originally posted by wymple:
trump tried to get bond money from one of the outfits he was convicted of defrauding

Just a couple of corrections. They did not value his assets, they did not testify they were not defrauded. Have you read the order? Is is okay to overstate the size and value of your home by a factor of 3X? Sort of like taking a shot at someone who does not realize it and then when charged for attempted murder saying, geez, they never knew that I shot at them and oh by the way I missed in any event so it's all good. Not to mention that financial fraud, insurance fraud and the like all ends up costing all the rest of money. What's the point in defending someone's improper conduct anyway?

I’ve read the order, but more importantly, I read pertinent portions of the testimony. The judge must not have been listening to what I’ve read. Or made up his mind emotionally.

If you’ll you search a bit, you’ll find where the Attorney General’s regular appraisal expert (who often had testified as an expert for the State), said no fraud. The State then attempted to discredit him as unreliable… and that’s after his testimony had put folks in jail often. Pretty similar testimony from Deutche Bank. They also appraised the collateral and happily lent the money.

BTW… Do you really think Mar-a-Logo is worth only $18 million?

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Originally posted by JudgeG:
I’ve read the order, but more importantly, I listened to the testimony. The judge must not have.

Yeah, but he's an actual Judge.

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Originally posted by JudgeG:
BTW… Do you really think Mar-a-Logo is worth only $18 million?

As a private residence or a social club which it is actually deed restricted to be used as?

Do you think a 10,000 square foot condominium should be carried on your personal financial statements that you certify as correct as being valued on the basis that it is more than 33,000 square feet? When your own employees working on the financial statements raise questions regarding the actual square footage is it reasonable to deny them access to the condominium or any information from which the real square footage could be determined?

I've got a silly question. Being a defense lawyer, I've faced situations where a client with an adverse verdict couldn't post a supersedeas bond for whatever reason. That doesn't deny the defendant the right to appeal, it only means that the plaintiff can go ahead and execute and start to take assets. I've told plaintiffs to do so at their own peril because if the judgment is reversed, well, what goes around comes around.

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Originally posted by lavaca:
I've got a silly question. Being a defense lawyer, I've faced situations where a client with an adverse verdict couldn't post a supersedeas bond for whatever reason. That doesn't deny the defendant the right to appeal, it only means that the plaintiff can go ahead and execute and start to take assets. I've told plaintiffs to do so at their own peril because if the judgment is reversed, well, what goes around comes around.

Everything Trump has is mortgaged; the AG puts a lien on a property the lender immediately exercises their option to call the loan, which Trump can't pay, so the lender repos the property for sale with the State of New York receiving any proceeds above the mortgage. Since Trump's equity above his mortgages won't be much the State will likely have to put liens on several properties to collect the Judgement.

Maybe all of them, actually.

Another beautiful irony. Apparently some of the sureties are refusing to accept the Trump financial statements on the property valuations insisting that full blown appraisals be done. Wonder why? These are the sorts of things that happen when people commit fraud and force lenders into a situation where they can no longer rely in significant part on financial statements from the borrower that are certified to them and representations and warranties from the borrower as to financial condition. Acting fraudulently has consequences and those consequences will ripple through to other borrowers as well. But the Trumplicans tell us it is all a big "no harm, no foul" situation. God bless Orange Jesus.

Wait until someone goes after him for tax evasion.

Ok the latest thought to ponder. There is some rumor that Trump could get the bond money from foreign sources I.E. Russia or middle eastern countries. What kind of potential risk does it cause if your presidential candidate owes half a billion dollars to a foreign entity? Potential national security risk?

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Originally posted by MtElkHunter:
Ok the latest thought to ponder. There is some rumor that Trump could get the bond money from foreign sources I.E. Russia or middle eastern countries. What kind of potential risk does it cause if your presidential candidate owes half a billion dollars to a foreign entity? Potential national security risk?

Considering that he is credibly believed to still have classified documents he failed to return (I have no clue why Bedminster wasn't searched) he would be well-advised to assume that any conversation anyone associated with him has with anyone outside the U.S. is being recorded under an active FISA warrant, but...

He's never shown any indication he is ever "well advised", so...

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Originally posted by Jefffive:

quote:

Originally posted by MtElkHunter:
Ok the latest thought to ponder. There is some rumor that Trump could get the bond money from foreign sources I.E. Russia or middle eastern countries. What kind of potential risk does it cause if your presidential candidate owes half a billion dollars to a foreign entity? Potential national security risk?

Considering that he is credibly believed to still have classified documents he failed to return (I have no clue why Bedminster wasn't searched) he would be well-advised to assume that any conversation anyone associated with him has with anyone outside the U.S. is being recorded under an active FISA warrant, but...

He's never shown any indication he is ever "well advised", so...

Could the court refuse to accept foreign bond funds?

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Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by Jefffive:

quote:

Originally posted by MtElkHunter:
Ok the latest thought to ponder. There is some rumor that Trump could get the bond money from foreign sources I.E. Russia or middle eastern countries. What kind of potential risk does it cause if your presidential candidate owes half a billion dollars to a foreign entity? Potential national security risk?

Considering that he is credibly believed to still have classified documents he failed to return (I have no clue why Bedminster wasn't searched) he would be well-advised to assume that any conversation anyone associated with him has with anyone outside the U.S. is being recorded under an active FISA warrant, but...

He's never shown any indication he is ever "well advised", so...

Could the court refuse to accept foreign bond funds?

It can certainly insist on knowing the source.

quote:

Originally posted by Jefffive:

quote:

Originally posted by ANTELOPEDUNDEE:

quote:

Originally posted by Jefffive:

quote:

Originally posted by MtElkHunter:
Ok the latest thought to ponder. There is some rumor that Trump could get the bond money from foreign sources I.E. Russia or middle eastern countries. What kind of potential risk does it cause if your presidential candidate owes half a billion dollars to a foreign entity? Potential national security risk?

Considering that he is credibly believed to still have classified documents he failed to return (I have no clue why Bedminster wasn't searched) he would be well-advised to assume that any conversation anyone associated with him has with anyone outside the U.S. is being recorded under an active FISA warrant, but...

He's never shown any indication he is ever "well advised", so...

Could the court refuse to accept foreign bond funds?

It can certainly insist on knowing the source.

Courts make you prove source of funds. If I was in a 454 million dollar pickle, a sovereign debt fund seems like a great place to go. That money and its sourcing has to be explained though. My best guess though is that the judge reduces this. i will say 100 million.

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My best guess though is that the judge reduces this. i will say 100 million.

Why should HE get a break? You nor I would.