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I believe that the Trump Organisation is actually a Closely Held Corporation, and as such there are some things that aren't the same as normal LLCs, including Majority Shareholder Liability. This means that because Trump has a majority holding in the company, and can basically have the company do whatever he likes, he also has liability for the company.
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Why would you believe that? No one else does. There are no shares of a Trump corporation trading on any exchanges. It's an LLC that owns a lot of other LLCs and other properties.
https://en.wikipedia.org/wiki/The_Trump_Organization
https://www.investopedia.com/updates/donald-trump-companies/
 
Reality still has a liberal bias.

A nitpick for the fun of it. This only works because the Far Right has managed to disproportionately skew the conversations. The actual Far Left is frequently just as out of touch with reality as the Far Right, but, in the US especially, the actual Far Left has no effectively no voice and power. The Far Right, of course, has been happily trying to call moderates and slightly left leaning people the Far Left for years, and far too many have believed them.
 
So... approximately 285 pages of **** just hit the fan.

https://twitter.com/SethAbramson/status/1093268506513149955

Highlights are text conversations between Michael Cohen and Felix Sater talking about the need to hide meetings between Trump and Putin from investigators.

OK, I have spent a couple of hours on and off reading these pages


JEEEZUS KEERIST!

If this is legit, then these pages systematically, directly and personally connect Trump and his helpers to selling US Foreign policy for money for the business benefit of Trump, his family and his businesses, and the political benefit of Putin and the Kremlin.

If this is legit,
then any Trumpian/Rudian fantasy about "no collusion" has evaporated

If this is legit, then its game over man, game over!

If this is legit!!!?
 
If these are indeed legitimate, Trump is in for a world of hurt.

From Max Howroute on Twitter.....

trump-finger-point.gif


If I had a twitter account, this is probably the only guy I would follow......
 
Update:

Update, Wed., 2:20 p.m.: the sealed document in question has been deleted from the Cohen docket. The docket entry says that the document was “incorrectly filed.”
 
So... approximately 285 pages of **** just hit the fan.

https://twitter.com/SethAbramson/status/1093268506513149955

Highlights are text conversations between Michael Cohen and Felix Sater talking about the need to hide meetings between Trump and Putin from investigators.

I'm a bit behind on this so I apologize if this is a dumb question. What's the source of these 285 pages? How were they released?

If they are what Abramson says they are then I would expect to find them being reported on and discussed in a lot of places but that doesn't seem to be the case.
 
Subject for discussion: Suppose Trump's tax returns are made public. Then what?

The Trump Organization is an LLC that owns or controls literally hundreds of other LLCS and various shadow companies. All of them would have ways of shielding the actual identities of whoever is paying or lending Trump money or conducting other business with him. So once you get the returns, how do you untangle all the threads that they might reveal, and what would it take for the average Trumpian to understand why it all matters?

If the taxes are made public, then the thousands of little bits and pieces will be scrutinized by thousands of members of the media and public, rather than just one or two IRS agents.

Imagine, for example, that the tax forms claim that a certain restaurant in Trump Tower made a net profit of $150,000 last year. That might sound plausible to the IRS, but it might sound absurd to the restaurant's manager, who might have records showing they were making vastly more, or that they were actually losing money (suggesting that money was being laundered through the restaurant).

Imagine a contracting manager who sees that Trump listed $3.8M for work that his company had done, when he was actually paid only $1.1M. Or Banking executives who see finance charges that don't match the bank's records. Property valuations that are wholly inconsistent with the actual values. Etc, etc.

While it probably wouldn't make a big media splash if the restaurant manager said that the profit looked wrong, it might make a big splash if the manager showed the books to the IRS or FBI, who used that information as the basis for a fraud case.

Especially if there were hundreds of fraud cases.
 
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I'm a bit behind on this so I apologize if this is a dumb question. What's the source of these 285 pages? How were they released?

If they are what Abramson says they are then I would expect to find them being reported on and discussed in a lot of places but that doesn't seem to be the case.

Yeah, I'm uneasy about that, too. My best guess is that the other media outlets are scrambling to verify them before they say anything, especially after January's BuzzFeed swirl.

FWIW, it seems like something that would have taken a lot of work to fake, and if someone were faking it, I'd expect it to be more blatantly damning.

But I, too, am uneasy about lack of other outlets reporting it.
 
I'm a bit behind on this so I apologize if this is a dumb question. What's the source of these 285 pages? How were they released?

If they are what Abramson says they are then I would expect to find them being reported on and discussed in a lot of places but that doesn't seem to be the case.
They were reported by Buzzfeed, link thanks to someone upthread: https://www.buzzfeednews.com/articl...wer-moscow-the-secret-files-cohen-sater-putin

If this is covered anything like the rest of the investigation's independent evidence, I expect they're waiting until Mueller starts indicting people related to this info, and THEN they'll report it as "breaking news." It's not that Seth Abramson's actually six months ahead of everyone else, he's just more willing to call BS on Trump's lies.
 
They were reported by Buzzfeed, link thanks to someone upthread: https://www.buzzfeednews.com/articl...wer-moscow-the-secret-files-cohen-sater-putin

If this is covered anything like the rest of the investigation's independent evidence, I expect they're waiting until Mueller starts indicting people related to this info, and THEN they'll report it as "breaking news." It's not that Seth Abramson's actually six months ahead of everyone else, he's just more willing to call BS on Trump's lies.

Thanks!

The buzzfeed article doesn't seem to say how they came into possession of these documents or verified their authenticity. Not even the usual. Reference to "anonymous inside source". I'd like for these to be as true and damming as they seem but I feel like I need at least a somewhat plausible trail of how these were released.
 
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If the taxes are made public, then the thousands of little bits and pieces will be scrutinized by thousands of members of the media and public, rather than just one or two IRS agents.

Imagine, for example, that the tax forms claim that a certain restaurant in Trump Tower made a net profit of $150,000 last year. That might sound plausible to the IRS, but it might sound absurd to the restaurant's manager, who might have records showing they were making vastly more, or that they were actually losing money (suggesting that money was being laundered through the restaurant).

Imagine a contracting manager who sees that Trump listed $3.8M for work that his company had done, when he was actually paid only $1.1M. Or Banking executives who see finance charges that don't match the bank's records. Property valuations that are wholly inconsistent with the actual values. Etc, etc.

While it probably wouldn't make a big media splash if the restaurant manager said that the profit looked wrong, it might make a big splash if the manager showed the books to the IRS or FBI, who used that information as the basis for a fraud case.

Especially if there were hundreds of fraud cases.

Imagine that you had actually seen a corporate tax return before.

The suggestion that they get into that level of granular detail is spectacularly absurd
 
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