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One of Us |
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Link To appeal he has to post a bond equal to the judgement, as I understand it. "If you’re innocent why are you taking the Fifth Amendment?”- Donald Trump | ||
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One of Us |
That's the way it works in Alaska, at least. Bond or cash deposit. The bond fee should be staggering--assuming someone will issue one at any price. | |||
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One of Us |
Putin might. "If you’re innocent why are you taking the Fifth Amendment?”- Donald Trump | |||
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One of Us |
He is not permitted to operate a company in NY for 3 years. After the 3 year period, he is has to be managed and approved by independent court designated managers. So much for, he is a successful businessman. He can run a country. When need President Trump the CEO in charge is not the pitch to me making. He will have to put up a bond in the amount of judgement pending appeal. I wonder if President Trump has 355 mill lying around. I doubt a reputable bonding agency will touch him. | |||
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One of Us |
A minor detail: with "pre-judgment interest", as ordered, it's more like $450 million. "If you’re innocent why are you taking the Fifth Amendment?”- Donald Trump | |||
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One of Us |
Don, Jr. and Eric got popped for $4mm apiece too. -Every damn thing is your own fault if you are any good. | |||
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One of Us |
Yes, prejudgment interest here is 6 percent. It used to be 12. It sucks for the person found liable with damages Or disgorgement assessed. This is not damages. This is disgorgement. The distinction being disgorgement means this is how much money you stole. | |||
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One of Us |
If the judgment holds up, there will be post-judgment interest as well. I'm guessing the appeals will last at least two years, maybe three. I hope the donald has a shitload of case stashed somewhere. But, he doesn't. When the judgment is final and execution efforts commence, he'll just file bankruptcy. That's what he always does. Hopefully, the fraud findings will prevent him from that scoundrel's last refuge. -Every damn thing is your own fault if you are any good. | |||
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Moderator |
pretty hefty fines for zero victims - this has about as much chance of standing as a campaign political promise - of course all of his businesses will suddenly be rechartered in FLA - opinions vary band of bubbas and STC hunting Club Information on Ammoguide about the416AR, 458AR, 470AR, 500AR What is an AR round? Case Drawings 416-458-470AR and 500AR. 476AR, http://www.weaponsmith.com | |||
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One of Us |
Come on, man. Have you not read the indictment? You can't misrepresent the value of properties pledged for collateral. It's fraud. What is it you don't get? It becomes OK to lie about assets when seeking bank loans? That's great until shit goes sideways and the banks that lent the money are shit out of luck. -Every damn thing is your own fault if you are any good. | |||
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One of Us |
No victims? The victims are the taxpayers who were screwed by him not paying his fair share like they have to do, leaving them to pick up the slack. | |||
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one of us |
The main point here is that Donald Trump does not know right from wrong. He would steal ice cream from a child and when confronted would scream "Fake News" to his army of sycophants. The sad thing is they would believe the pathetic fucker. There is hope, even when your brain tells you there isn’t. – John Green, author | |||
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One of Us |
No, they won't. He can't move anything. "If you’re innocent why are you taking the Fifth Amendment?”- Donald Trump | |||
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One of Us |
The whole zero victims argument is a joke. Banks establish the terms of loans, e.g., the tenor, fees, rate, loan amount, terms, etc., based on the credit quality of the borrower. The fact that someone materially misrepresented their credit quality but paid back the loan does equate to no harm being done. If a bank loans money to two people on the same terms, one of which misrepresents his credit situation, and both loans are paid off, the bank has still been screwed since it would have never done both loans on the same terms in the first place. Sort of like shooting at someone and missing then claiming no harm, no foul. Such a specious argument. Mike | |||
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Moderator |
"source" -- Hey, Ask Elon about re-incorporation opinions vary band of bubbas and STC hunting Club Information on Ammoguide about the416AR, 458AR, 470AR, 500AR What is an AR round? Case Drawings 416-458-470AR and 500AR. 476AR, http://www.weaponsmith.com | |||
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Moderator |
Mike, neither you nor I have ever had a secured loan without the bank doing their own due diligence -- I am sort of chuckling, thinking about gun show logic.. where when you are selling, it's crap, but once its on the buyer's table, it turns to gold opinions vary band of bubbas and STC hunting Club Information on Ammoguide about the416AR, 458AR, 470AR, 500AR What is an AR round? Case Drawings 416-458-470AR and 500AR. 476AR, http://www.weaponsmith.com | |||
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One of Us |
Had you bothered to read the ruling I gave a link to you would have come across this:
"If you’re innocent why are you taking the Fifth Amendment?”- Donald Trump | |||
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one of us |
So who’s the victim with food stamp fraud? Everybody shits in their pants when Fox News shows a guy buying lobster with food stamps. What a load of shit that your orange buffoon god can screw taxpayers. I hope that dumb bastard has a stroke that leaves him shitting in his diapers and unable to speak. | |||
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one of us |
And his lawyers will miss a few car payments, in turn. Stormy Daniels will get screwed a second time. He'll work off what he owes E. Jean Carroll with interview for a new book. Trump will keep Mar a Lago as his primary residence, and borrow a billion dollars using it for collateral. TomP Our country, right or wrong. When right, to be kept right, when wrong to be put right. Carl Schurz (1829 - 1906) | |||
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Administrator |
Very strange. He has been bankrupt many times. He refused to serve his country. He failed miserably as president. Putin’s cheerleader! | |||
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One of Us |
You ever been directly involved in or represented a company borrowing hundreds of millions of dollars? Do you think banks come in with a team of auditors, appraisers and the like and spend weeks pawing through all the corporate records and accounts trying to ferret out fraud? Or do banks rely on audited financial statements, rating agency reports, contractual representations and warranties in the loan documents and the like? Ever signed a rep letter for a public accounting firm in connection with them issuing an audit letter? Do you think they will issue the audit letter without that rep letter? Blaming the banks for being defrauded and the harm they suffered by lending on terms inappropriate to the credit quality of the borrower based on the borrower’s lies and misrepresentations sounds just about as stupid as blaming the Capitol police for January 6. Mike | |||
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One of Us |
Did DJT not repay any money? No. Did any bank ever complain? No. Did any entity do any due diligence on the valuation? No. The judge called Mar A Lago an 18M property? What a laugh. Yup political lawfare. | |||
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One of Us |
. . . says the brainiac that does say the Capitol Police were responsible for January 6. Your stupidity truly knows no bounds. Mike | |||
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One of Us |
Is any of that required elements of Fraud under New York law? No. "If you’re innocent why are you taking the Fifth Amendment?”- Donald Trump | |||
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Moderator |
yes.. and then some - happy to have a phone chat on the matter opinions vary band of bubbas and STC hunting Club Information on Ammoguide about the416AR, 458AR, 470AR, 500AR What is an AR round? Case Drawings 416-458-470AR and 500AR. 476AR, http://www.weaponsmith.com | |||
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One of Us |
. . . then you SHOULD know that in any major financing the lenders are relying in material part on a variety of third party sources of information, audited financials as well as extensive representations and warranties by the borrower. They are NOT independently verifying each representation by the borrower. That is why states and the feds have laws to protect lenders in situations where they are defrauded by the affirmative actions of a borrower . . . like Trump. Why do you think Trump and members of his syndicate lied in the first place? Might it have been because they were seeking the most favorable borrowing terms possible? Or maybe it was just for shits and giggles. Mike | |||
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one of us |
I see there’s already a “go fund me” to bail his sorry ass out. His power to sway weak minds truly astounds me. | |||
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One of Us |
At the current rate they'll have him covered by August of 2342. Not counting the interest that's accruing... "If you’re innocent why are you taking the Fifth Amendment?”- Donald Trump | |||
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One of Us |
THE ART OF THE STEAL !! NOTHING BUT A FAKE, FRAUD and PHONY !! Sad part is so many dumbells believe a single word out of his lying mouth. | |||
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Administrator |
Add another bankruptcy to his many previous ones! I LOVE it! | |||
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One of Us |
Yup. And, it's up to almost $45,000.00 Let's see, counting the prejudgment interest....only $434,955,000.00 to go. -Every damn thing is your own fault if you are any good. | |||
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One of Us |
The true victims are the citizens of New York State. How many corporations and businesses are going to head south after this bullshit? Who would want to start a business in this political quagmire? Long term…New York is fucking itself…again. | |||
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One of Us |
The State of New York is enforcing its laws prohibiting fraud. I guess if corporations intend on operating the same way trump did, you're right. They ought to stay out of NY and relocate to MAGA states that are OK with fraud. -Every damn thing is your own fault if you are any good. | |||
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One of Us |
Except no one was defrauded. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J. Lane Easter, DVM A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991. | |||
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One of Us |
https://www.gofundme.com/f/sta...raise-the-settlement Give me a home where the buffalo roam and I'll show you a house full of buffalo shit. | |||
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One of Us |
I don't believe that fines can be discharged through bankruptcy so there's that. Give me a home where the buffalo roam and I'll show you a house full of buffalo shit. | |||
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One of Us |
Yep. | |||
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One of Us |
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One of Us |
. . . interesting view of lying to a lender. Mike | |||
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One of Us |
Except every bank that gave him more favorable terms and lower interest rates than were appropriate. "If you’re innocent why are you taking the Fifth Amendment?”- Donald Trump | |||
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