NY AG files civil fraud suit against Trump

[rjh01]

Or wiping his bum.

If you are offered that job for a VIP take it. Not many people will have one on one access for several minutes a day with an important person. Even if you couldn’t care less about that person, or what he represents many other people will. They will come to you and try and persuade you to convince that person to do certain things. If you succeed, then they will pay you well.

 

[Trebuchet]

Anyone who thinks Ivanka doesn't have a live-in nanny for her kids, raise your hand.

A nanny? I bet there's a whole team!

Several Nanny's and at least on Manny. You can't expect Jared to handle EVERY need!

 

[Gord_in_Toronto]

Michael Cohen asks a good question.

Cohen slams testimony from Trump’s sons in fraud trial: ‘How stupid do you have to be?’

 

[P.J. Denyer]

You stupid ****. If you are going to sign a document you have the responsibility to know what you are signing. What do you think you are being paid for?

Being the Boss' son. He obviously has no other qualification.

 

[P.J. Denyer]

They also really need to be told to change hairstyles. Not slicking the hair back won't make them not be douchebags, but slicking it back definitely makes it more obvious.

I suggest they go with 'Pointy'

 

[Norman Alexander]

They also really need to be told to change hairstyles. Not slicking the hair back won't make them not be douchebags, but slicking it back definitely makes it more obvious.

I suggest they go with 'Pointy'

I suspect they will soon have it shaved off involuntarily.

 

[JayUtah]

If you are offered that job for a VIP take it. Not many people will have one on one access for several minutes a day with an important person. Even if you couldn’t care less about that person, or what he represents many other people will. They will come to you and try and persuade you to convince that person to do certain things. If you succeed, then they will pay you well.

Historically, the Groom of the Stool was a close de facto advisor.

 

[sackett]

Historically, the Groom of the Stool was a close de facto advisor.

Pepys in his diary spends a lot of ink on the lore of the close stool and its proper uses. "Sit straight and long" was advice he quoted. People sitting on the chair of ease (sadly misnamed it was!) might receive company, or at least one noble lady once did so to speak with Mr. Pepys. He says he felt embarrassed* for her. (But why should a noblewoman care what state Sam Pricklouse saw her in? His head was a bit self-turned at times, I think.)

But a high counselor with sole, private access to the royal ear -- by god, sir, there is an office to be envied!


* And made no pun out of it, even in his private diary, to his credit. Or does he say "abashed?" Well well, 'tis no matter deserving great study.

 

[Gord_in_Toronto]

"Conservative" Attorney George Conway says Trump is finished in New York State.

'Death blow': George Conway on NY civil fraud trial and Trump's businessman image 'crashing down'

 

[Lurch]

Historically, the Groom of the Stool was a close de facto advisor.

I wonder if Changer of the Diaper, Waltine Nauta, has been elevated to this exalted station.

 

[acbytesla]

This is a strange trial. Not many trials start out with the judge determining that one side lost. But the evidence of persistent fraud had been proven through discovery.

The trial is about determining if Trump lost by just some or by a lot. Was there intent to deceive and defraud? And it's also about calculating the ill gotten gains.

Now Trump and his attorneys have been arguing there was no harm. That the banks didn't lose any money. That the loans and the associated interest was paid in full.

But this isn't about damages. It is about how much the Trump Organization profited from deceptive business practices that they wouldn't have if they played it straight. Engoron is tasked to calculate how much Trump must pay in disgorgement.

How does one do that?

This is where the testimony of expert Michiel McCarty comes into play.
He determined that Donald Trump and his company benefited more than $168 million by obtaining favorable loan terms on transactions where the former president personally guaranteed the loans. McCarty analyzed the lending documents related to transactions at issue in this case for the following Trump Organization properties: 40 Wall Street in New York, The Doral Golf Resort & Spa in Florida, Trump International Hotel & Tower in Chicago, and the Old Post Office project in Washington DC

He determined the Trump Organization saved on interest for the properties:

$72,908,308 for the Doral Resort;

$53,423,209 for the Old Post Office loan;

$17,443,359 for Trump International Hotel & Tower in Chicago;

and $24,265,291 for 40 Wall Street..

He calculated the Trump Organization benefited to a total of $168 million dollars in lower interest and insurance rates because of the inflated values..

Now I am not a financial analyst. But I do know that both interest and insurance rates rise as risks increase. What I am not sure about is whether intent to defraud affects the disgorgement amount. I know it doesn't affect the determination. But I am wondering if it provides a kicker or multiplier.

Does anyone know the answer? I do know that the statute the State of NY is pursuing this case is unique to the State of NY. Strangely, this is the same statute used in the Trump University case and prohibits the Trump family from running phony charities any more.

 

[Stacyhs]

Michael Cohen asks a good question.

Cohen slams testimony from Trump’s sons in fraud trial: ‘How stupid do you have to be?’

"Cohen said he has received hundreds of threats from Trump supporters as the relationship between the two has soured in recent years.'

Trump has his own private army of Renfields.

 

[Worm]

Trump is on the stand, performing about as you would expect.

"I beseech you to control him if you can. If you can't, I will," Judge Engoron says

 

[acbytesla]

Trump is on the stand, performing about as you would expect.

He's not answering questions. He's whining and giving a speech on how it's all political.

 

[Resume]

Snicker.

NY attorney: Did you get copies of statements in 2021?

Donald Trump: I was so busy in the White House with China, Russia, and keeping the country...

NY attorney: You were not the President in 2021.

 

[Regnad Kcin]

Donald Trump: I was so busy in the White House with China, Russia, and keeping the country... tweeting, watching TV, golfing, pissing on the Emoluments Clause, throwing ketchup at walls…

FTFH

 

[Beelzebuddy]

Trump is on the stand, performing about as you would expect.

I would expect him to clam up and not recall any of the facts of the case, down to where he is or who he is right now.

Instead he's personally incriminated himself on more fraud than the suit was about, plus attempted to pull everyone he knows including his children under the bus with him. He's insulted the judge directly multiple times and went on rants about Scotland and China.

I can only assume the defense's plan is to let him ramble until the judge loses his temper and gives them something to appeal later.

 

[KDLarsen]

Frankly the judge has gone above and beyond what should be tolerated in a courtroom.

“He ruled against me without knowing anything about me,” Trump said.

“He ruled against me and said I was a fraud without knowing anything about me. He called me a fraud and he didn’t know anything about me.”

“The fraud is on behalf of the court!” Trump said, repeatedly pointing. ‘“He says that I’m a fraud…he’s the one that didn’t value property correctly.”

“How do you do that? How do you rule against somebody and call them a fraud, as the president of the United States who did a great job…”

“It’s a terrible thing you’ve done…you believed that political hack back there, and that’s unfortunate.”

If that was Joe Q. Public sitting there calling the judge a fraud, he would have been held in contempt long ago. But as ever with trump, he gets favourable treatment because it's the easiest way to get him out of your hair.

 

[acbytesla]

I would expect him to clam up and not recall any of the facts of the case, down to where he is or who he is right now.

Instead he's personally incriminated himself on more fraud than the suit was about, plus attempted to pull everyone he knows including his children under the bus with him. He's insulted the judge directly multiple times and went on rants about Scotland and China.

I can only assume the defense's plan is to let him ramble until the judge loses his temper and gives them something to appeal later.

What I find interesting is that Trump essentially confessed and confirmed the fraud. He basically said he knew better than any one else what the properties were worth and he told that to Weiselberg and Jeff McConney.

This confirms Michael Cohen's testimony.

 

[pgwenthold]

Snicker.NY attorney: Did you get copies of statements in 2021?

Donald Trump: I was so busy in the White House with China, Russia, and keeping the country...

NY attorney: You were not the President in 2021.

I think that explains a lot. Remember how he claimed before he was elected that if he was president, he wouldn't have time to play golf? He would be too busy working?

See? He's actually on a time-delay.