but that's my jaded opinion :)
#Trump Indicted
soft coyote
soft coyote
And as we all know: when the consequence is monetary, it's only a crime for the poor
warm viper
Need help keeping Trump's problems straight? So does everyone else:
#1091113297589309450
https://discord.com/channels/709752884257882135/1116515685170958346
#1136050746593382512
#1140013258175156275
https://discord.com/channels/709752884257882135/1167472810466213898
south idol
[Cross-post]
https://www.cnn.com/2023/10/29/politics/trump-gag-order-reinstated/index.html
Chutkan issued the order earlier this month after prosecutors raised concerns that the former president could intimidate witnesses or encourage harm against prosecutors through his public comments.
Trump now faces two gag orders barring him from discussing aspects of his legal cases in the public: One from Chutkan, who is overseeing the case brought by Smith in Washington, DC, and a second from the judge overseeing his civil fraud trial in New York.
south idol
soft coyote
no more threatening then? Yesterday it was a last stern warning
heady nest
let's see how deep Donald can dig I guess
Will there be a live coverage?
soft coyote
don't know, but afaik new york doesn't have live coverage by default
heady nest
Damn
winged vale
This person has been live-tweeting it: https://vxtwitter.com/eorden/status/1721571374026621225
soft coyote
Seems a nice one, although I lose a little respect for the judge for allowing the apparent speeching and rhetoric after warning.
soft coyote
Apparently Trump is trying for a mistrial.
But I can't get to the file. Anyone in the US perhaps?
soft coyote
was wondering about that one. Last time he said something like this some nut went and did it
analog garden
soft coyote
Nice
soft coyote
soft coyote
gheh
“I have already testified to everything & have nothing more to say other than this is a complete & total election interference (Biden campaign!) witch hunt,” so “I will not be testifying on Monday,” Trump said in an all-caps, two-part post on his social media platform, Truth Social.
south idol
Jonathan Daniel Pollock, Olivia Michele Pollock and Joseph Daniel Hutchinson III were taken into custody early Saturday morning, according to a press release from the FBI. They are scheduled to appear in federal court in Ocala, Florida, on Monday.
https://www.cnn.com/2024/01/06/politics/three-floridians-arrested-january-6/index.html
(Indirectly related, unsure where to park it)
wise wren
https://abcnews.go.com/US/live-updates/trump-fraud-trial/?id=103642561 does he think this will be televised.
soft coyote
“Not having heard from you by the third extended deadline (noon today), I assume that Mr. Trump will not agree to the reasonable, lawful limits I have imposed as a precondition to giving a closing statement above and beyond those given by his attorneys, and that, therefore, he will not be speaking in court tomorrow,” Engoron wrote.
south idol
Tacopina was a staunch defender in a number of cases and controversies.
He's asked to withdraw along with the other two members of his firm.
wise wren
https://www.documentcloud.org/documents/24361598-tacopina-withdraws-trump-counsel yep, old Boris 🇷🇺 is still around.
south idol
If the challenge is successful, the Supreme Court could potentially wipe away two of the four counts that special counsel Jack Smith has brought against the former president in his federal election interference case
More odd power dynamics at play with long-term consequences.
vague trench
south idol
“If I had been vice-president, I would have told the states, like Pennsylvania, Georgia, and so many others, that we needed to have multiple slates of electors, and I think the US Congress should have fought over it from there,” he added. “That is the legitimate way to deal with an election that a lot of folks, including me, think had a lot of problems in 2020.”
man not dealing with a full deck tries to stack deck.
warm viper
Just a simp
south idol
"Neither the Special Counsel’s publicly filed Response nor the accompanying sealed filing identifies the information it seeks to redact," Cannon wrote in her order. "Although 'protection of a continuing law enforcement investigation' can constitute a compelling governmental interest ... the Special Counsel fails to identify the information at issue, provide any explanation about the nature of the investigation, or explain how disclosure of the code name would prejudice or jeopardize the integrity of the separate investigation (assuming it remains ongoing)."
wise wren
> "Neither the Special Counsel’s publicly filed Response nor the accompanying se...
Cannon is absolutely going to be removed, if not for procedural incompetence alone yet for the natsec implications.
south idol
Cannon is absolutely going to be removed, if not for procedural incompetence alo...
Yea she's definitely pushing boundaries. I think she's running to (self-)destruction.
wise wren
https://www.theguardian.com/us-news/2024/feb/16/donald-trump-fine-verdict-new-york-fraud-trial with archive: https://archive.ph/hX7RY ruling will be released today. 💰 💰 💰
$453,000,000+ with this and the other Summary judgements. Will bond on appeal but still a lot of 💰 on the table.
heady nest
wise wren
https://bsky.app/profile/mitchellepner.bsky.social/post/3klkqdjnlja27 “1. Trump can appeal without posting security, but that would allow immediate enforcement of the judgments (ie - seizing over $400M in disgorgement and interest. If he wants to stay enforcement, he will have to put up cash or a supersedeas bond in the full amount (including accrued interest).”
south idol
https://bsky.app/profile/mitchellepner.bsky.social/post/3klkqdjnlja27 “1. Trum...
Perfect. I was going to ask about the security bit.
wise wren
It is a lot of cash. 💰
I’m doubling checking the PAC/Donor money he’s spent on lawyers now as a % of his total fundraising.
It’s a lot as well. I’ve seen the claim 25% of his total fundraising, but want to verify looking at the actual FEC data.
Prejudgement interest too. Appeal bond 120% oh man the math is getting very mathy.
Also the NY banks angle.
wise wren
https://m.youtube.com/watch?v=GM2SAClOEHA&feature=youtu.be NY AG remarks following Trump NY State fine.
limber prawn
upper tapir
That wouldn't surprise me at this point. It would be quite the coincidence if he didn't meet with him while he was there. Joking here, but that Gulfstream looks too small to to carry hundreds of millions in cash, so it's probably not a foregone conclusion yet.
Does Elon Golf?
south idol
That went well.
https://vxtwitter.com/AmoneyResists/status/1758768389214863690
wise wren
Ah Grant, another grifting fraud, he should be personally worried too.
south idol
Don't know if it'll make up 400million but he's hustling
There's video of him unceremoniously thunking those gaudy sneakers onto a lecturn to a very unwelcoming audience.
soft coyote
Yeah not to surprising
wise wren
Failed steak salesman, now failed sneaker salesman.
south idol
https://vxtwitter.com/dieworkwear/status/1759087571609563571
https://vxtwitter.com/dieworkwear/status/1759087593688289571
The whole thread is worth a read through. Derek has solid takes on fashion and styling. His analysis is backed by industry experience.
south idol
https://www.newsweek.com/donald-trump-mocks-e-jean-carroll-michigan-rally-1870959
warm viper
Bruh
warm viper
https://vxtwitter.com/SmooveTheSource/status/1759014137093320867
Me discovering the world of sneaker cons, sneaker blogs, and sneaker drop Twitter accounts 
wise wren
https://vxtwitter.com/SmooveTheSource/status/1759014137093320867
The people there for him discovered sneakercon existed a week ago.
warm viper
The people there for him discovered sneakercon existed a week ago.
ugh the maga people are ahead of me in something
wise wren
He’s always been a fraud. Hired a crowd for his elevator announcement https://www.cnn.com/2015/10/16/business/crowds-for-hire/index.html and https://vxtwitter.com/meganspecia/status/610847067427221504? The “sneakerhead” supporters are flippers at best. https://www.ebay.com/itm/235436390941?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=-vG4BowtTpO&sssrc=4429486&ssuid=&var=&widget_ver=artemis&media=COPY
south idol
from the "official" site.
if these look cheap it's because they are.
they're essentially a variation to the thousands of "slip-on knit sneakers" found on AliExpress/Alibaba.
someone with enough dedication could probably find the near-exact match.
south idol
wise wren
https://abcnews.go.com/US/letitia-james-shes-prepared-seize-trumps-assets-pay/story?id=107381482 and archive: https://archive.ph/G7xXQ
south idol
those sneaks are getting a different kind of traction if you know what I mean:
https://vxtwitter.com/CalltoActivism/status/1760092621760811111
warm viper
those sneaks are getting a different kind of traction if you know what I mean:
h...
I thought the same when I saw the red sole lol
soft coyote
Lol
Now that would be something
"hey, nice shoes. I'll take all your income for it"
warm viper
He's trying to class then up by referencing Louboutin which is about as smart as slapping Burberry plaid on them
wise wren
https://www.documentcloud.org/documents/24438798-emails-in-trump-civil-fraud-case delay rejected. judgement will be entered soon. Kicking off the 30 day clock.
wise wren
$454 million and change, including interest. 30 days. ⏲️
30 days to (1) file notice of appeal and (2) post security, or risk execution on judgment by NY AG James.
wise wren
https://storage.courtlistener.com/recap/gov.uscourts.nysd.543790/gov.uscourts.nysd.543790.288.0.pdf Judge Kaplan’s latest order denying stay, and point out Trump waited 25 days after jury verdict. He will rule on merits after full briefing, to be concluded on 3/2. 3/11 is end date to pay up in the Carroll case.
south idol
Judge Kaplan noted the "tardiness" (my wording) of the submission and the fact that it was filed right before plaintiff's lawyers file liens.
In rejecting the motion, the court noted that Trump waited 25 days after the judgment was filed to make his request right before the deadline for Carroll's lawyers to begin attaching liens on his assets. The court also noted that he hasn't even filed any post trial motions yet, only a request to delay the collection of the judgment. Judge Kaplan rejected the request and ordered that briefs be submitted next week.
https://www.msn.com/en-us/news/crime/judge-rejects-trump-attempt-to-delay-e-jean-carroll-judgment/ar-BB1iRdNg
wise wren
Donald Trump must come up with the full bond amount to cover the $454 million judgement.
30 day clock for Trump to come up with the judgment began on 23 February so he will need to post the bond by 25 March
south idol
The text messages raise questions about Bradley’s credibility, and the degree to which Merchant appeared to rely on his claims that she was then unable to substantiate elsewhere. They also shed new light on his testimony and how it failed to meet the expectations of defense attorneys who had billed Bradley as the star witness in their bid to disqualify Willis.
Seems witnesses across multiple cases keep having credibility issues.
wise wren
Yep
https://www.documentcloud.org/documents/24445443-ny-ag-100m-counter in the least shocking news Trump is trying to hide and move his assets.
snow wing
kaboom https://www.documentcloud.org/documents/24446106-ruling-on-trump-stay-req...
This is a nothingburger compared to the supreme court delaying the only hope of getting him ineligible before election day.
south idol
While a panel of the U.S. Court of Appeals for the D.C. Circuit upheld Larry Brock's conviction, the court said a judge wrongly applied an enhancement that lengthened the recommended prison sentence range under federal guidelines.
The enhancement — on the grounds that Brock's conduct resulted in “substantial interference with the administration of justice" — has been applied in more than 100 other Jan. 6 defendants' cases, said Patricia Hartman, a spokesperson for the Washington's U.S. attorney's office. If the ruling stands, those defendants who have not already completed their prison terms may push for new sentences.
zealous mango
Twitter
south idol
autumn prism
south idol
wise wren
https://www.cnn.com/2024/03/06/politics/supreme-court-sets-argument-date-in-trum...
Last day of the term too. Not like it’s an important case or anything 🤦♂️
wise wren
He made bond https://www.thedailybeast.com/trump-post-dollar916-million-bond-in-e-jean-carroll-defamation-case?
wise wren
He made bond https://www.thedailybeast.com/trump-post-dollar916-million-bond-in-...
Insert Giant Shoveling 💰 sound RNC elects Trump’s daughter-in-law as co-chair, marking his expanding party influence – live https://www.theguardian.com/us-news/live/2024/mar/08/state-of-the-union-2024-joe-biden-donald-trump-us-politics-latest-news-updates-live?CMP=share_btn_url&page=with%3Ablock-65eb47e88f08eae6a386215e#block-65eb47e88f08eae6a386215e
soft coyote
He made bond https://www.thedailybeast.com/trump-post-dollar916-million-bond-in-...
Plaintiff shall file any opposition to the motion, including but not limited to the form, amount or surety of the proposed bond or the proposed order, or her consent to the relief sought by defendant's motion, no later than Monday, March 11, 2024 at 11 a.m.
So Jean can file a motion if she believes the bond isnt guaranteed?
south idol
wise wren
Judge Merchan made his order clear about the jurors anonymity though. Violations will be pretty serious if Trumps lawyers do something dumb. New York State doesn’t allow juries to operate completely anonymous as well. Jury selection starts March 25th. https://www.nycourts.gov/LegacyPDFS/press/PDFs/People-v.DJT-Dec-OrderAnonymousJury.pdf
wise wren
So Jean can file a motion if she believes the bond isnt guaranteed?
https://www.documentcloud.org/documents/24467634-trump-bond-chubb it was backed by Chubb Corporation, the CEO of whom he nominated in the past https://trumpwhitehouse.archives.gov/presidential-actions/president-donald-j-trump-announces-intent-appoint-individuals-key-administration-posts/
And yes, she can file motion if she and her lawyers have doubts about the bond posted.
To summarize Trump owes/still owes $466,000,000+ interest for NY Civil Trial he lost because he and his entire family committed massive real estate fraud, $400,000 in legal fees to the NYTimes when he sued them and lost (the tax records story), $382,000 in fees and fines for Orbis Case (Christopher Steele) he lost and back to E. Jean Carroll he still hasnt paid the $5,000,000 for SA case for and defaming her that he was found guilty and lost and this $91,600,000 Bond. Total: $563,382,000 + interest.
wise wren
Again, he’s broke and highly leveraged. https://www.forbes.com/sites/kylemullins/2024/03/02/heres-how-much-cash-donald-trump-has/?sh=3b700a6985f5 with non-paywalled archive https://archive.ph/Ccbs9
soft coyote
And yes, she can file motion if she and her lawyers have doubts about the bond p...
I'm sure it's a formality indeed. I don't really know Chubb or enough about the us system. Chubb to me is an alarm company, not a bank :)
wise wren
Yeah, Chubb is an insurance company based out of Zurich but it has divisions and subsidiaries in lots of areas and locatioms. It’s traded publicly but has had a huge amount of controversy around the business for lots of shady things. Greenberg stated that this would be the only bond they would secure for Trump.
He might get some cash from the Truth Social SPAC deal going public https://www.vanityfair.com/news/donald-trump-truth-social-media-merger which again is shady, just another way to launder money to him personally. 200,000 +/- DAU and probably a lot lower https://amp.theguardian.com/us-news/2022/apr/09/truth-social-trump-app-failed-products
wise wren
Really questionable how much cash he could get from $DWAC/TruthSocial, he’s got a lock up period, and bulk sales will tank the price. Then again it could be a vehicle for wealthy people who want his policies to buy in and launder the money to him (similar to his shady real estate deals). It’s an area to watch and has osint angle because it will be public.
south idol
He might get some cash from the Truth Social SPAC deal going public https://www....
this, as with all Trump dealings, is shady and fraught with legal difficulties:
While Trump is facing a growing legal bill, he cannot immediately cash out of his shares, if and when the deal closes. Securities laws would prevent him from selling massive amounts of stock all at once, and the deal’s terms tie up his stake for six months — unless Digital World elects to waive the so-called lockup provision. Trump could, however, still transfer the stock into a trust.
good catch on your part imo.
wise wren
Yep 💯 %
I’m reading the prospectives now, read them a year or so ago when they claimed they were going public merger then. It’s full of nonsense and shadiness.
south idol
unsurprising but still humorous.
wise wren
https://www.dwacspac.com/_files/ugd/ad6d26_356d81f0634a4b348bbeed13218278f1.pdf “Related Party Transactions” lmao
Another angle is the NY AG’s monitor, thought I am sure they want the physical assets more than this internet funny money.
south idol
While allowing Trump to temporarily operate his business and apply for bank loans, the court ruled he must still pay the fine.
south idol
https://nymag.com/intelligencer/article/trump-resumes-his-costly-defaming-of-e-jean-carroll.html
Noting the bond at campaign rally in Rome, Georgia, Trump once again called Carroll a liar:
I just posted a $91 million bond, $91 million on a fake story, totally made-up story. $91 million based on false accusations made about me by a woman that I knew nothing about, didn’t know, never heard of, I know nothing about her. She wrote a book, she said things. And when I denied it, I said, “It’s so crazy. It’s false.” I get sued for defamation. That’s where it starts.
autumn prism
https://nymag.com/intelligencer/article/trump-resumes-his-costly-defaming-of-e-j...
I wonder if he's breaking some kind of record.
south idol
I wonder if he's breaking some kind of record.
quite likely ... and might be on track for a permanent injunction.
[Tweet author for reference:]
south idol
wise wren
quite likely ... and might be on track for a permanent injunction.
I think Andrew is a little off the mark with that post. Trump still needs $471,782,000+ interest in a matter of days. Chubb is out as a carrier of the bond of which he''s late on the $5,000,000+ he still owes E. Jean Carroll. Appeal is going to be entertaining and likely shutdown quickly given his public statements, which will be used against him. A lot of pundits keep mixing up the cases the the sum totals. It is, a lot of cash. Perhaps his looting of the RNC will accelerate. 🤷♂️
I have to double check the deadlines on those other cases bonds I'll post them again cause I think it will be helpful for the community.
south idol
https://www.newsweek.com/e-jean-carroll-lawyer-reduces-time-between-bond-appeal-payment-1878047
On Monday, Carroll's lawyer wrote in a letter ... that they don't oppose Trump's proposed $91.6 million bond but that it is subject to a small change to one of the terms.
The change reduces the amount of time between the resolution of Trump's appeal and Carroll's payment from an overall 60 days to 30 days.
"As a result of those discussions, Federal Insurance Company has authorized and Defendant's counsel will agree to stipulate that the 30-day periods listed on page 3 of ECF Doc. 318-1 will be shortened to 15 days, both for the Principal and the Surety. This will have the effect of shortening the overall window to 30 days."
soft coyote
https://www.documentcloud.org/documents/24479707-trump-bond-3132024 Chubb sent out a letter to customers explaining why it put up the bond
wise wren
Evan forgot to mention Donald J Trump and Evan's father are close personal friends and that Evan worked for him when he was in office.
Follow up questions by journalists should be how many surety bonds does Chubb issue annually and to whom.
ripe cradle
I wonder if the people backing this bond are the same ones that backed Trump's loans from Deutsche Bank?
wise wren
This is all Chubb and Evan. Deutsche Bank was all Rosemary Vrablic and crew.
ripe cradle
I think Deutsche Bank had its own backers a little further east. This is why I compare Chubb to them.
south idol
Trump’s attorneys said he has approached 30 underwriters to back the bond, which is due by the end of this month.
“The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,” Trump’s lawyers wrote. (Trump himself was fined $454 million; the $464 million includes the disgorgement for his adult sons Don Jr. and Eric.)
soft coyote
so he will need to pay up then?
south idol
might trigger asset forfeiture if he doesn't find some 11th Hour Heros.
(still a remote possibility)
soft coyote
I will be laughing my ass off if he needs to sell mara lago for what he valued it in the papers :)
stark plover
I will be laughing my ass off if he needs to sell mara lago for what he valued i...
He previously sued over air traffic noise. MAL is directly under flight path. Not ideal luxury real estate
soft coyote
not surprised :)
stark plover
not surprised :)
Just now finding out he was able to get air traffic routed around it when he was in office
wise wren
so he will need to pay up then?
yes, he pays or the NY AG Tish James starts the process of seizing assets to satisfy the judge's ruling and settle the debt he owes on the judgement with the people of NY. Important to note many, many, many of his properties are highly leveraged, meaning he doesn't really own much of them, if at all. Many of his "assets" are just brand naming slapped on the outside of a building and he sells condos in them, etc.
soft coyote
Yeah, house of cards indeed
wise wren
He's broke, always has been, just keeps rolling into the next credit fiasco with a shell game.
soft coyote
Jup
wise wren
Trump, Inc a podcast from a while back covers all of his businesses deals in all their shady exceptional detail. 10/10 recommend a listent to get a great overview of them.
stark plover
He's broke, always has been, just keeps rolling into the next credit fiasco with...
There are two very notable exceptions to this, forgetting all his business dealings: 1. Russian money. 2. RNC coffers are now his to raid at will.
stark plover
FBI not hiring the most intelligent people. It was once described as "Trumpland." https://www.bloomberg.com/news/newsletters/2024-03-15/trump-documents-raid-at-mar-a-lago-sparked-protest-from-fbi-employees
“Did this really just happen? Am I dreaming? The FBI served a Search Warrant on a former president?” wrote an incredulous bureau employee in an email that was sent to the FBI’s acting ombudsman, Chauncenette Morey, shortly after the Mar-a-Lago search. “If he took documents, give him a call and ask for them back. Like ... Seriously? My own agency .... A bunch of democrat political hacks up top…I've lost just about all faith in our leadership.”
wise wren
Another consequence of Leopold as a journalist is the arrest and prison time for the whistleblower Natalie Edwards for disclosing suspicious activity reports (SAR) that from October 2017 to October 2018 detailing Russia's interference in the 2016 presidential election, which included money transfers and information about Maria Butina, Rick Gates, Paul Manafort, the Russian Embassy in the United States, and Prevezon with money laundering. Journalists really need to up the game to protect sources like her. Especially ones that expose serious national security issues with hostile foreign states interfering in US Elections and US Government. https://www.washingtonpost.com/lifestyle/media/may-edwards-treasury-buzzfeed-fincen-whistleblower/2021/07/07/28f5c1f8-da05-11eb-8fb8-aea56b785b00_story.html
south idol
> “Did this really just happen? Am I dreaming? The FBI served a Search Warrant o...
Mr Chauncenette, please tell us the whereabouts of your foot during and after your mouth made said statement. Did your foot come into contact with your mouth at any point?
wise wren
Mr Chauncenette, please tell us the whereabouts of your foot during and after yo...
Chauncenette Morey was during that period the acting Ombudsman, they would receive the complaint and report on them, etc. They aren’t the complainer, those names are redacted in the FOIA document. https://www.federalreserve.gov/aboutthefed/ombuds.htm
It’s easy to get confused by that. They are probably going to get a lot of flack for it.
wise wren
https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rX8SaVYi.KRw/v0 with archives: https://archive.is/IrOyL and https://web.archive.org/web/20240318224554/https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rX8SaVYi.KRw/v0. Full FOIA'd ombud documents regarding FBI Agents.
Reminds me of the details in Ivana Trumps FBI file. Still a lot of stuff redacted. Too much stuff. https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rRIdgx38yix8/v0
pg. 254 redactions could be Trump himself making the threats, or Ricky Shiffer, the man who attacked and FBI Office on August 11,2022.
some of these pages appear very deducible based on the events in the time frame. It's kind of Leopolds and other FOIA journos m/o no one person has time to dig through hundreds of pages so get the best bits out and lets the crowds attempt to fill in the blanks as best as they can.
south idol
According to ||bad person|| violence is the only solution
south idol
some of these pages appear very deducible based on the events in the time frame....
Maybe something achievable through other means ...
wise wren
> According to ||bad person|| violence is the only solution
this guy gets it 
Even a surface reading of it I can see they screwed up the redacting, in the subject of some of the txt message files they redact some names but then in the message the first name of one of the redacted subjects if used in the clear.
south idol
If one were to accidentally leak something, shoddy workmanship provides plausible deniability.
wise wren
Also a lot of these pages are just giant replay/forwards too. kind of mind numbing, which is what the foia officers always do. just enough to drive one batty. I remember FOIA'ing GBVM data from the US Peace Corps several years ago on a project for survivors and the foia officers gave us screenshots of jpgs of excel spreadsheets.
It was such a *&^hole move of those foia officers. Had to get congress people involved to shame them into complying. It took years.
pg. 264 👋 Jay aka || ||
Stephen Miller's PAC is one of the groups that sued for these FOIA documents if that tells you anything as well.
Dozens of messages about Biden records included.
south idol
the ultimatum itself makes no sense, if it's accurately depicted as:
allow jurors to see a huge trove of national secrets or let him go.
The first option would require Smith to allow any of the randomly called potential jurors ... to suddenly have access to what prosecutors have described as extremely alarming national secrets.
The second option would essentially force jurors to acquit the former president of wrongdoing, given that they’d be told he had unquestionable authority to assert personal ownership over any government document within his reach—a self-justifying rule outside of anyone’s review.
blatant false choices, so yet another clumsy delay tactic because obviously that will get contested.
ripe cradle
Read them in
south idol
- Donald Trump and his co-defendants were in talks with insurance giant Chubb for a $464 million appeal bond, but the company backed out, a Trump Organization lawyer said.
- Chubb previously provided Trump's $91.6 million appeal bond in writer E. Jean Carroll's civil defamation case.
- In his New York civil business fraud case, Trump's lawyers said they reached out unsuccessfully to more than 30 companies to secure a bond.
- Those companies include Warren Buffett's Berkshire Hathaway, Liberty Mutual, Allianz, Chubb and Travelers, among others.
Chubb was one of more than 30 companies that refused to craft a bond that would put the massive business fraud judgment on pause, attorneys for Trump said in a New York appeals court filing Monday.
wise wren
March 25 🗓️, clock is ticking.
wise wren
https://www.cnn.com/2024/03/21/politics/trump-calls-ny-attorney-generals-bond-suggestions-impractical-and-unjust/index.html the bill always comes due.
stark plover
It's about time some consequences happen
get ready for some weird injunction and a procedural delay which sends it to SCOTUS who overturns it.
soft coyote
Don't think scotus has a ball in this one right? State law, not federal?
stark plover
Don't think scotus has a ball in this one right? State law, not federal?
that doesn't matter, nothing matters to them but protecting Trump
wise wren
So this judgement filing indicates NY AG James is going after *Seven Springs *(41.16624178644961, -73.69555778339625) (which is actually a beautiful historic property Trump kind of abandoned to rot, once built and owned by the former owner of the WaPo and head of the Federal Reserve), *Trump National Westchester *(41.146117434375654, -73.83329216857285) and Trump National Hudson Valley (41.571933962278116, -73.76093507821847). *Seven Springs *is actually quite potentially valuable but Trump tried to trick locals into funding his conversion of the properties into a bunch of ugly mega mansions, it's quite close to the towns of Katonah and Bedford which is a horse country hideaway for some Old Money American wealth and also, celebrities and also people like the Ralph Lauren family .
wise wren
Don't think scotus has a ball in this one right? State law, not federal?
Yep, NY State. He hasn't met his appeal bond, so the property goes to the state after seizure until the appeal works it's way through state courts.
A bigger and really damaging turn is that the court ordered minder of his companies has now been ordered by the judge to get involved in every detail of day to day operations.
He's got four days left to post bond. Which he won't, because he's broke, and always has been.
https://wro.westchesterclerk.com/legalsearch.aspx is the site and you can poke around at his llc's in there. Seven Springs Llc is the owner listed for the historic mansion and the TaxID:94.18-1-1. me thinks Weschester County's IT infrastructure is about to be under heavy load. lol.
stark plover
He's got four days left to post bond. Which he won't, because he's broke, and al...
I hate the guy more than anyone else, but even I am forced to correct you here. https://www.forbes.com/sites/danalexander/article/the-definitive-networth-of-donaldtrump/?sh=617d98362a8e
wise wren
Paper billions are different than cash and assets. He’s highly leveraged.
https://youtu.be/z6oZeEiyb_w?si=pEo1sMz5D6OPniT8 the 🏷️ on the furniture are the funniest part of this. Otherwise empty home. No personal effects.
Interesting that these judgements were filed 2024/03/06 09:03 AM and no media outlets noticed. Source of images: https://wro.westchesterclerk.com/legalsearch.aspx
$243,326,767.10 total amount. Also interesting.
Monday is gonna be fun. No Sunday scaries for anyone other than than the surname Trump
south idol
Truth Social's parent company could complete its merger with a SPAC as soon as Friday.
Former President Donald Trump could reap billions from his social-media platform just as he struggles to find the cash needed to persuade a company to pay for a $456 million appeal bond for a New York state civil fraud verdict.
On Friday, shareholders are scheduled to vote on a long-delayed merger to bring Truth Social's parent company public. Trump's stake, according to The Wall Street Journal, would be worth roughly $3.5 billion.
won't help him here, just interesting timing.
wise wren
For sure, stock sale is locked up, would have to get waiver to sell. Any sale in volume will tank the price. Buyers are going to be hyper scrutinized by three letter agencies.
wise wren
https://www.msn.com/en-us/news/politics/trump-might-make-billions-from-truth-soc...
$DWAC merger approved by investor vote. New company will be called Trump Media & Technology Group and trade under the ticker DJT. https://www.cnn.com/2024/03/22/business/trump-truth-social-dwac-shares/index.html will start trading Tuesday/Wednesday
Trump Steaks 2.0
stark plover
will be massive pump and dump
south idol
will be massive pump and dump
seems a very real possibility, even without calculating for his past behavior:
https://www.msn.com/en-us/money/markets/trump-could-sell-billions-in-truth-social-stock-early-if-a-board-consisting-of-his-son-and-former-colleagues-agrees/ar-BB1kmXSi
... Trump's not allowed to sell or borrow against any of his shares for six months, but that could change if a board consisting of his allies and family members agrees on it.
Fortunately for Trump, the board consists of close allies like his son Donald Trump Jr.; former Rep. Devin Nunes; Linda McMahon, a major Republican fundraiser who served as Trump's Small Business Administration head during his time in the White House; and Kash Patel, a former member of Trump's National Security Council who published a children's book about 'Hillary Queenton' and 'handsome King Donald'.
stark plover
seems a very real possibility, even without calculating for his past behavior:
h...
Anyone with a Bloomberg terminal ought to be able to find out who these financiers were
south idol
ah, good point.
soft coyote
would the sec have something to say if they do this?
like, trading with pre emptive knowledge or something like that?
wise wren
Yes, the SEC has broad powers. Insider Trading is in its remit. The entire transaction chain is going to be highly scrutinized.
south idol
ya, not even speculative to say that's entirely sus.
its whole baseline changed and you can map press releases against those candlestick patterns and it helps tell the story.
wise wren
https://www.wolterskluwer.com/en/expert-insights/new-york-enacts-llc-transparency-act the gordian knot of llc shenanigans is slowly being cut
soft coyote
good news
wise wren
https://www.sec.gov/Archives/edgar/data/1849635/000119312521308146/d230221dex102.htm Trump Lock Up detail for $DJT
south idol
https://www.huffpost.com/entry/nick-akerman-trump-million_n_65fc5353e4b0d2a3e7778a54
Trump’s team claimed in a court filing this week that “obtaining an appeal bond for $464 million is a practical impossibility under the circumstances presented.” (That figure includes $454 million for Trump himself and millions more to cover the disgorgement for his sons.) The brief said that he had been rejected by 30 bond companies, which would only accept cash or cash equivalents as collateral.
Nick Akerman, a legal analyst and former Watergate prosecutor, appeared Friday morning on CNN to discuss the developments.
“That is the dumbest thing he could have possibly done, to put that on Truth Social, because that is a direct admission by him that he has the money,” Akerman said, in a clip flagged by Mediaite.
“Keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts,” he continued.
“Everything that relates to him and all of that money is going to be tied up and frozen. So if he’s really got that money, he’s got to put it up.”
wise wren
Monday is the deadline ⏰
south idol
Fresh new foot in mouth occurrence on that topic.
wise wren
Yep.
Aside from the financial and legal challenges to this it makes the “I’m rich, trust me” narrative collapse yet again.
We’re also going to get much greater fine details about if he is moving money around.
south idol
We’re also going to get much greater fine details about if he is moving money ar...
with the account seizures you mean?
wise wren
Yep
south idol
also might be a very compromising position considering they can see where money came from and where it went.
wise wren
NY AG can also ask the court ordered to make her reports public.
south idol
oof.'
wise wren
The property auctions would be fun too. Once they are seized they go up for public auction to satisfy the judgement. Then they go under the auction hammer. 🔨
south idol
that may end up working in his favor, if wealthy sympathizers collude to create non-compete bids at the opening bid and then return said stock to previous owner.
(this happened when Willie Nelson's assets went up for auction due to IRS action.)
wise wren
Bankruptcy helps but again, optics of that politically are hilarious and hazardous. It also opens him up to even more scrutiny financially.
south idol
that recently backfired against Alex Jones.
wise wren
that may end up working in his favor, if wealthy sympathizers collude to create ...
Yep, a possibility too. Also pits a lot of heat on the buyers. NY AG james could scrutinize every dollar to make sure it’s not on/from OFAC listed entity or person.
south idol
Lawyers were puzzled by the Mar-a-Lago trial judge’s order on Monday, asking the prosecution and defense to propose jury instructions assuming the Presidential Records Act (PRA) allowed former President Donald Trump to unilaterally deem classified documents as personal. The response to Judge Aileen Cannon’s order was quick and clear, with some noting an increased chance of acquittal.
Smith pointed out that according to the provisions of EO 13526 outlined in the Superseding Indictment, once Trump left office, he lacked authorization to possess classified information, never received a waiver permitting him, as a former President, to possess such information, and stored documents in an unauthorized location for handling classified documents.
south idol
Anyone with a Bloomberg terminal ought to be able to find out who these financie...
[unrelated; past performance]
https://www.msn.com/en-us/money/companies/here-s-what-happened-the-last-time-trump-tried-to-take-one-of-his-companies-public/ar-BB1kpvrV
According to NBC News, Trump's last attempt to go public crashed and burned relatively quickly, with investors getting soaked even as Trump reaped significant benefits. A few months before the 2016 presidential election, the Washington Post reported that when the business mogul took Trump Hotels and Casino Resorts public, it plummeted from a $14 per share IPO to a penny stock in less than a decade.
the media merger is so divorced from fundamentals.
- Valued at: $5bn
- Revenue 2023: $1.07mil
- $3.38mil first 9 months of 2023
- $1.8mil cash on hand Sep 2023
- $49mil net loss ($26mil Q3 2023)
- $60.5mil total liabilities
- User engagement metrics (DemandSage):
- 2mil active users
- 4.4mil app downloads (as of Dec 2023)
- 607,000 monthly users (Wikipedia)
https://www.axios.com/2024/01/18/trump-truth-social-lose-money-profit-revenue-decline
warm viper
i'm ready to give trump 1 crisp dollar for trump tower, if he needs it
south idol
i'm ready to give trump 1 crisp dollar for trump tower, if he needs it
how about a nice uncirculated crisp $2 bill to adjust for inflation?
and a gentle pat on the combover.
warm viper
how about a nice uncirculated crisp $2 bill to adjust for inflation?
sorry no my offer is firm
soft coyote
don't want to loose money on it right
stark plover
the media merger is so divorced from fundamentals.
* Valued at: $5bn
* Revenue ...
$3,8 million in revenue, $50m loss, $3 billion valuation. SPACs should be highly regulated against valuation shenanigans in general. But in case you were unaware, "DW" stands for "Digital World" but doubles as "Dana White." "DWAC" see also "DWCS" ("Dana White Contender Series"). https://content.api.news/v3/images/bin/1e96fa4c9f717d96b850a97809d79ac3?width=1024
- People following the money on Trump would do well to look into the mob-adjacent Fertittas.
- ^ Distressed business vulture, Atlantic City casino dabbler
- wiki: Lorenzo Fertitta assumed positions as chairman and CEO of UFC, while appointing childhood friend Dana White as President of the organization.[21] Zuffa, LLC operated the UFC until its sale in August 2016.
- Ashes of Galveston Maceo mob empire: "After Sam and Rose's deaths in the early 1950s, the brothers were succeeded by the Fertitta Group, who moved the organization to Las Vegas, Nevada and worked in the -now legal- casino industry. "
wise wren
i'm ready to give trump 1 crisp dollar for trump tower, if he needs it
Trump doesn’t even really own Trump Tower. It’s highly leveraged to Axos Bank (which is a bank as shady as he is). https://www.bloomberg.com/news/articles/2024-02-02/trump-tower-lender-calls-fear-of-bank-property-turmoil-overblown?embedded-checkout=true $100mm mortgage, he barely even owns the penthouse which is one if the big fraud points in valuation and sq footage in the lawsuit NY AG James brought against him.
Axos’s gamble is that they call the note and tear it down to put a mega tower like everything in that area of the 57th st corridor. The building is really old and junky.
https://vxtwitter.com/Acyn/status/1771908592456638898 Robert Durst’s bond was set at $3bn.
warm viper
Trump doesn’t even really own Trump Tower. It’s highly leveraged to Axos Bank (w...
Ok I will give them 1 dollar (not crisp)
wise wren
the media merger is so divorced from fundamentals.
* Valued at: $5bn
* Revenue ...
💯 this, the valuation is non-sensical. No one uses TruthSocial, he even begged Elon to buy it. The DAU of the site is completely wacky.
stark plover
💯 this, the valuation is non-sensical. No one uses TruthSocial, he even begged ...
it's just another pump and dump. I wonder what the credit default swaps behind this look like!
wise wren
https://www.curbed.com/article/trump-lawsuit-real-estate-nyc-letitia-james.html a good synopsis, covering what he actually built and owns in NYC, which is basically nothing and portions of nothing. The son is screaming around the FoxNews-verse that he built everything in NYC and owns everything, which is a lie.
soft coyote
Well, D-Day. Will there be a rabbit in Trumps hat?
wise wren
Indeed it is, no new fillings yet. I’m poking around the other counties his assets are connected to.
stark plover
As a general refresher, Trump was warned by his father Fred to stay in Queens and not expand to Manhattan, because "that's not our territory" https://www.cnn.com/2015/10/26/politics/donald-trump-small-loan-town-hall/index.html
What changed? Mueller took down several key figures in the mafia from Boston to NYC (Gotti the first "Teflon Don," Gravano, et al). This left a black market power vacuum. The USSR collapsed, and state enterprises went to new oligarchs who had to park, grow, and launder money somewhere. NYC real estate was the easiest destination and offered the most headroom. https://www.nytimes.com/2000/11/29/business/laundering-of-money-seen-as-easy.html
"We have all the funding we need out of Russia" - Eric Trump, 2014
wise wren
https://eddsa.blob.core.usgovcloudapi.net/public/2024_01134_PEOPLE_OF_THE_STATE_OF_v_PEOPLE_OF_THE_STATE_OF_ORDER_21.pdf NYS Intermediate Appeals Court rules Trump must pay $175 million bond within 10 days granting a stay of judgement. Significantly less that the judgement already ruled on by Judge Engoron.
Hon. Dianne T. Renwick, Presiding Justice (Presiding Justice), Anil C. Singh, Lizbeth González, Bahaati E. Pitt-Burke, Kelly O’Neill Levy made the stay.
https://vxtwitter.com/lawofruby/status/1772292008888963201 good explainer about the other elements of this ruling.
south idol
https://eddsa.blob.core.usgovcloudapi.net/public/2024_01134_PEOPLE_OF_THE_STATE_...
Did they cite a legal precedent for the reduced judgment?
Trump has a long, demonstrable history of not paying. Surely they are aware.
wise wren
Nope, no precedent cited. It is ordered that the motion is granted to the extent of staying enforcement of those portions of the Judgment (1) ordering disgorgement to the Attorney General of $464,576,230.62, conditioned on defendants-appellants posting, within ten (10) days of the date of this order, an undertaking in the amount of $175 million dollars; (2) permanently barring defendants Weisselberg and McConney from serving in the financial control function of any New York corporation or similar business entity; (3) barring defendants Donald J. Trump, Weisselberg and McConney from serving as an officer or director of any New York corporation for three years; (4) barring defendant Donald J. Trump and the corporate defendants from applying for loans from New York financial institutions for three years; and (5) barring defendants Donald Trump, Jr. and Eric Trump from serving as an officer or director of any New York corporation in New York for two years. The aforesaid stay is conditioned on defendants-appellants perfecting the appeals for the September 2024 Term of this Court. The motion is otherwise denied, including to the extent it seeks a stay of enforcement of portions of the judgment (1) extending and enhancing the role of the Monitor and (2) directing the installation of an Independent Director of Compliance.is the entirety of the stay.
it enforces the rest of the judgements in the original ruling as well.
April 4, 2024 by my calendar. Trumps attorney's earlier insisted the rest of the judgement had to be stayed in order for him to post bond, but the Intermediate Appeals court locked that down with this ruling. Also, he still has to get through the full appeals process. Which if he skives off on this part, is not a great look in the eyes of appeals Justices as the review the entire case.
stark plover
Did they cite a legal precedent for the reduced judgment?
Trump has a long, dem...
Hard to believe this would happen with any other defendant. Something about fluorinated cookware coatings
south idol
Stating that he is not giving investment advice, Hiltzik wrote that Truth Social's reported valuation of approximately $5 billion does not match up with its cash flow after three years.
After writing, "It should be noted that SPACs in general don’t have the best reputation in the corridors of the SEC, because they could be used to execute initial public offerings without making the customary pre-IPO disclosures to investors," he added, "It should be plain that the valuation has no rational relationship with Truth Social’s financial picture, which is ugly in the extreme."
ugly in the extreme
he says, executing exacting (though fitting) hyperbole.
wise wren
fwiw Bonds are reduced all the time. Robert Durst murdered three people and had his bond reduced. Plenty of others fall in this category. The thing is, he's been whinging about it non-stop which hurts him legally in this case (which his posts among everything else should also be disqualifying for any Presidential candidate) (a lesson for us all "do not post" )
He claimed in his Truth Social post he would abide by the lowered amount, which again hurts in his appeal if he doesn't follow through. So it's just more fodder for the judicial fire if, no when, he fails again. He's broke. No one wants to give him the money. His assets are a joke, he doesn't own 40 Wall Street, he has a ground lease on it. It's paper nonsense. He has to use his own cash for this.
I think a good way of thinking of this case is other cases, like Holmes and Theranos, Madoff, etc. In those cases they materially harmed people, even contributed to deaths, but what got them was the investor fraud. Basically rich people got pissed they lost money. Americans at the end of the day are money obsessed and mercantile. The rubicon not to cross is financial. As morally unsatisfying and sad as that is, it seems to hold true over and over again. I am sure their are exceptions to this line of thinking of course.
Remember between this and the E. Jean Carroll Bond he's $266,600,000 in the hole and counting (plus interest). He still owes her another $5,000,000 which he still hasn't paid and will be getting hammered on shortly. If his reported cash holdings are truly at the $300,000,000 to 400,000,000 +/- range, that's 67% to 90% +/- of his claimed liquid cash. https://www.cbsnews.com/news/trump-bond-deadline-payment-new-york-fraud-case/
stark plover
> Stating that he is not giving investment advice, Hiltzik wrote that **Truth So...
On this subject, SPACs have been more pump-and-dump securities avoidant of otherwise-mandated disclosures, yes. Several high profile ones dumped, as well. #money message
wise wren
lol https://www.nasdaq.com/market-activity/stocks/djt $DJT the option chain on this is just silly.
stark plover
lol https://www.nasdaq.com/market-activity/stocks/djt $DJT the option chain on t...
#money message
wise wren
https://www.reuters.com/world/us/billionaires-sought-help-fund-trump-bond-civil-fraud-case-sources-say-2024-03-26/ John Paulson, Harold Hamm, et al Full details of the billionaires' efforts to raise funds, such as how much each donor had potentially pledged, were not immediately available. One source said the group had pooled the full amount originally due Monday. It was not clear whether the mega-donors would offer to help fund the new bond.
soft coyote
https://www.lawfaremedia.org/article/a-trial-date-certain-ish-ny-trump-case-set-to-begin-april-15 interesting read.
Defense claims about 4000 emails are relevant from a recent discovery process and drops this bombshell. “We haven’t gone through them yet,” responds Blanche.
wise wren
Defense claims about 4000 emails are relevant from a recent discovery process a...
Judge Merchan tore into the Defense counsel during this hearing.
soft coyote
It was a fun read :)
wise wren
I really don't like live tv in courtrooms because I think it changes public and the juries behavior and counsel and prosecutor play to the tv rather than the facts of the case. That said it would be great for it to be released at some date way after the trial, because the bad behavior by defense counsel on his multiple trials I think is going to be studied in law school for a long long time.
south idol
I really don't like live tv in courtrooms because I think it changes public and ...
tbh even the way it plays out now, how they rush to the press podium after each court trial, reads like (a) tons of damage control, (b) reshaping the narrative of what actually happened, and (c) winning the court of public opinion.
wise wren
tbh even the way it plays out now, how they rush to the press podium after each ...
yes, they are absolutely doing that. it didn't work out with Judge Engoron, he slapped them down a lot for doing it. Another angle, and I know this is a no politics place, is that Trump is running around begging for money like a clown but also getting rightfully dragged around the courts across the country and he is not campaigning doing retail politics so to speak.
In other news $DJT has a Market Cap of $35.83 Billion USD on a couple million in revenue. A freight train of PUTS pain is coming. A Day range of $57.25 - $79.38 and now it's crashing After Hours too
stark plover
In other news $DJT has a Market Cap of $35.83 Billion USD on a couple million in...
new candle just dropped, "fat hanging man"
wise wren
Right here in the 10-K they say, nah don't worry, we have no idea where the money is. . I love reading these things. You can always find some florid language trying to walk the wire between full legally required disclosure and rampant fraud.
Under the supervision and with the participation of our management, including our Certifying Officers, we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act. Based on the foregoing, our Certifying Officers concluded that our disclosure controls and procedures were not effective as of the end of the period covered by this Report, due to a material weakness in internal control over financial reporting existed relating to financial reporting systems and accounting for accruals. https://www.sec.gov/Archives/edgar/data/1849635/000119312523265441/d468815d10ka.htm#tx468815_13
wise wren
Judge Merchan has issued a gag order against Trump in the hush money criminal Trial https://www.nycourts.gov/LegacyPDFS/press/PDFs/PeopleDJT-DecOrderExtrajudicial.pdf
It is a consequence of this https://truthsocial.com/@realDonaldTrump/posts/112162279968568636
south idol
Former President Donald Trump's Georgia attorney, Steve Sadow, recently tried to persuade Fulton County Superior Court Judge Scott McAfee that his client's lies about the 2020 election are not only constitutionally protected speech, but that they are actually a form of truth-telling.
stark plover
Sitting judge goes on television to explain, generally, the concept of peaceful, rules-based order, on the heels of Trump's written attacks on judges and their families. https://fxtwitter.com/kaitlancollins/status/1773529972780499244
stark plover
wise wren
https://www.theamericanconservative.com/trump-2028/ Not cool. A Constitution? Why even have one! 🤦♂️
south idol
https://www.theamericanconservative.com/trump-2028/ Not cool. A Constitution? Wh...
makes bold assertion:
Trump’s re-emergence as the Republican presidential nominee in 2024 is a triumph of democracy.
then fails to support said assertion given entire article.
foggy lenses of reasoning.
wise wren
Oh yeah it’s loony.
proud quarry
makes bold assertion:
> Trump’s re-emergence as the Republican presidential nomi...
Does it support any arguments it makes?
south idol
it basically switches horses midstream and turns it into "voter victimization".
which is a new refrain from the fractional "factional" party who has the weakest voter support tbh.
wise wren
These articles are written to push a policy in the form of obedient courtier a la pick me senpai. It’s about getting him to notice. Much like how amicus briefs and shadow docket speeches help SCOTUS signal what it wants to rule on.
south idol
This is plainly unfair. Indeed, there has long been support for axing the Twenty-second Amendment due to the artificial limits it places on voter choice.
enragement farming.
wise wren
Same party that wants specific qualified limits to voter choice also wants to broadly limit voting.
stark plover
https://www.theamericanconservative.com/trump-2028/ Not cool. A Constitution? Wh...
They are unaware this would apply to Democrats, but at least the mask is off now.
wise wren
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001849635/000114036124016719/ef20025342_8k.htm $DJT $4.1 million in revenue completely in the red ($58.2) million in 2023 sitting on $395,011 in cash FY2023 Year End. Crossposting to #money
wise wren
Trump has posted the $175,000,000 bond https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=exguJEXpWSu8fdl09aJOjw==&system=prod
Knight Specialty Insurance Company
Don Hankey comes to bailout his buddy and as a primary investor in Axos Bank which carries a significant portion of Trumps debt on its books .
wise wren
https://www.theguardian.com/us-news/2024/apr/03/trump-media-es-family-trust-2022-loans $DJT and Trump #money Trump Media managed to go public last week only after it had been kept afloat in 2022 by emergency loans provided in part by a Russian-American businessman under scrutiny in a federal insider trading and money laundering
https://www.miamiherald.com/news/politics-government/article284580595.html #money https://www.justice.gov/usao-sdny/file/1303011/dl?inline The three men charged with securities fraud are Michael Shvartsman, 52, of Sunny Isles Beach; Gerald Shvartsman, 45, of Aventura;, and Bruce Garelick, 53, of Fort Lauderdale, who was given a seat on DWAC’s board of directors and had access to confidential information, according to the indictment. All three appeared Thursday(sic 2023) in Miami federal court.
wise wren
https://www.courtlistener.com/docket/67490069/428/united-states-v-trump/ oh If, however, the Court does not reject that erroneous legal premise, it should make that decision clear now, long before jeopardy attaches, to allow the Government the opportunity to seek appellate review.
wise wren
https://www.miamiherald.com/news/politics-government/article284580595.html <#710...
SEC https://www.sec.gov/litigation/litreleases/lr-25760 and Justice's announcements. https://www.justice.gov/usao-sdny/pr/us-attorney-announces-charges-four-separate-insider-trading-cases-against-10 In addition to their own purchases, the defendants also passed DWAC’s confidential information to their friends on a trip to Las Vegas, to MICHAEL SHVARTSMAN’s neighbors, and to GERALD SHVARTSMAN’s employees at a furniture supply store. After DWAC’s merger with Trump Media was announced publicly, the stock and warrant holdings of MICHAEL SHVARTSMAN, GERALD SHVARTSMAN, and BRUCE GARELICK, and those they tipped, significantly increased in value. The defendants and the individuals they tipped then sold their DWAC securities for a significant profit.
Once the trial starts we'll see who was on the other side of these transactions. An important disclosure in the $DJT 10-K filings is the amount they are spending on R&D, which in corporate Financial Statement parlance means is they are shoveling buckets of money to outside contractors. Not much to R&D with a insecure mastodon clone.
wise wren
https://www.cnn.com/2024/04/03/business/trump-truth-social-insider-trading/index.html `Michael Shvartsman and his brother Gerald Shvartsman pleaded guilty on Wednesday to participating in an insider trading scheme linked to the blockbuster deal that brought former President Donald Trump’s social media business public.
Each of the brothers pleaded guilty in New York to one count of securities fraud, which carries a maximum sentence of 20 years in prison, according to federal prosecutors.` DoJ secured two guilty pleas. sentencing coming up July 17, 2024 https://www.courtlistener.com/docket/67539228/united-states-v-shvartsman/#minute-entry-382994355. crossposting to #money
south idol
Progressive activist network Left Action on Tuesday created a petition asking that officials "Investigate whether Trump should be charged with securities fraud for the Truth Social stock crash." The petition, created on social networking site Care2, has a goal of 10,000 signatures. At the time of publication, it had garnered nearly 5,100 supporters.
wise wren
I've been meaning to check what the crazies on Stocktwits are saying about it. I'm sure it's unhinged.
wise wren
No, it’s real. New York County Supreme Court document number 1707
He has to share recent financial statements which he did not do when he posted originally.
Along with Power of Attorney too.
snow wing
Hehe, "have a great day" https://fxtwitter.com/NYadvocateJKL/status/1775569856009490799?s=20
wise wren
And the Attorney-in-fact
Yep, it’s literally I promise the check is in the mail…oh it isn’t signed? Oh I’ll get right on that
wise wren
soft coyote
https://www.newsweek.com/donald-trump-bond-arthur-engoron-new-york-fraud-trail-manhattan-insurance-company-1886768 the plot thickens... Seems the bounce was for the bond company
She objected to the fact that the bond was issued by a company that is not an admitted carrier in New York, and lacks the certificate of qualification required by New York Insurance Law Section 1111.
wise wren
https://www.reuters.com/legal/businessman-behind-trumps-ny-bond-says-he-charged-him-low-fee-2024-04-05/ for the record, this guy made his fortune, charging criminally high rates to deployed soldiers, saddling them with un-payable debt, and repossessing the cars from their partners while they were abroad serving.
south idol
Nevertheless Trump has filed again claiming the facts have changed because he is now the presumptive Republican nominee and Democrats ... will supposedly benefit from the Trump prosecutions. But none of that materially changes anything with respect to the erroneous argument that Merchan has a conflict, because as matter of law we don’t hold judges responsible for the outside activities of their grown children. I believe Trump clearly is up to something other than winning these motions, and that it is fair to conclude tainting the jury pool is part of it.
soft coyote
https://apnews.com/live/trump-trial-hush-money-updates-april-15 has a running update for the manhattan juror selection
south idol
He's legally not permitted to walk out on this trial, as he did with others.
heady nest
Twitter
wise wren
https://www.cnn.com/politics/live-news/trump-hush-money-trial-04-15-24/h_e5ac6b5f3c89b8680a85e1568a7263c1 an implicit attempt to influence SCOTUS ruling
warm viper
For emoji purposes, is there any photo of sleeping Trump?
south idol
For emoji purposes, is there any photo of sleeping Trump?
I got u.
stark plover
Photo of him today https://www.politicalflare.com/wp-content/uploads/2024/04/2024.04.15-05.20-politicalflare-661d61c41bc5a.jpg
wise wren
Several posts have been updated to remove specific information about where prospective jurors work, which was detailed in open court.``` https://www.washingtonpost.com/politics/2024/04/15/trump-hush-money-trial-jury-selection-live-updates/ so basically the Washington Post is publishing juror PII now 🤦♂️Among those who did make it past the initial round of questioning was a man who works for a software company. The prospective juror said he followed Trump on Twitter when he was president and had read two of his books, including "The Art of the Deal," which resulted in a big smile and nods from Trump. He said not discussing the case with his wife would be a challenge, but ultimately seemed to accept that not talking about the case is a condition of jury service.
wise wren
Voir dire has entered the chat. 📄https://ww2.nycourts.gov/sites/default/files/document/files/2018-06/Bamberger_JuryVoirDire_CriminalCase.pdf
wise wren
https://www.washingtonpost.com/politics/2024/04/16/trump-hush-money-trial-live-updates/ 6 Jurors seated, and social posters and news media is trying overtime to identify them. 🤦♂️ I regret to inform ya’ll the doxxing of the jurists is catching fire online. 
soft coyote
Yah, not too surprised tbh
wise wren
https://www.washingtonpost.com/politics/2024/04/16/trump-hush-money-trial-live-u...
https://bsky.app/profile/emily.gorcen.ski/post/3kqfx2rxz2t26 The judge said he is directing the media not to mention physical appearances and attributes that could identify jurors. He complained specifically about reports that mentioned one of the jurors has an Irish accent.
Even in the this post by Perry Stein, of the Washington Post, she identifies the juror by profession. 🤦♂️
https://www.washingtonpost.com/politics/2024/04/18/trump-hush-money-trial-live-updates/#link-67GZ2WTGUFFWJJJVL7UJFLE2GI and Perry edited the post just now.
Rachel comes in to still publish it. https://www.washingtonpost.com/politics/2024/04/18/trump-hush-money-trial-live-updates/#link-ZJSBVANCNRHKRAIAQ2D3CNVLVM
stark plover
Two lawyers are on Trump's jury, making it more likely that technicalities could exonerate him, according to this analysis. https://www.politico.com/news/2024/04/18/trump-trial-jury-lawyers-00152839
stark plover
wise wren
Two lawyers are on Trump's jury, making it more likely that technicalities could...
Betsy Woodruff Swan is the author?
stark plover
Betsy Woodruff Swan is the author?
I see.
Swan started her career as a reporter and William F. Buckley Fellow at National Review.[4] Amid a wider staff exodus from National Review in 2014, Swan moved after two years to the Washington Examiner to become a political writer covering Capitol Hill and electoral politics.
wise wren
I see.
> Swan started her career as a reporter and William F. Buckley Fellow at ...
Yeah, if you have time I’d recommend reading up about her husbands history too https://www.huffpost.com/entry/wikipedia-paid-editing-pr-facebook-nbc-axios_n_5c63321be4b03de942967225 and Politico is an Axel Springer SE outfit with the CEO, Mathias Döpfner, praying that Trump is re-elected. Politico is high on access journalism and PR pushes. Doesn’t mean everything is wrong written by them, just another data point. Mary B. McCord and Chris Geidner are good resources on analysis.
wise wren
All 12 jurors are now seated, not going to post link sorry mods 🙏 , because it’s honestly difficult to find a source that doesn’t mention in varying degrees of detail the jurors PII.
ripe cradle
Stochastic negligence.
soft coyote
opening statements today
soft coyote
and so far the misinformation is flying already https://apnews.com/article/fact-check-trump-trial-judge-graduation-barron-393373584079
Trump then furthered his criticism of the judge on his Truth Social platform, writing in one post both that he “will likely not be allowed to attend” and that “the Judge, Juan Merchan, is preventing me from proudly attending my son’s Graduation.” He wrote in another post less than two hours later that he is “being prohibited from attending.” Judge hasn't made a ruling yet if this is the case
stark plover
D. John Sauer argued before the nation's highest court that "there can be no presidency as we know it" if former presidents aren't granted broad immunity from criminal charges stemming from official conduct during their tenure, including ordering the assassination of rivals as official acts, "depending on the" circumstances.
https://thehill.com/regulation/court-battles/4620411-trump-hush-money-trial-supreme-court-immunity-arguments/
soft coyote
yeah, this scotus thing is going to be very wild
soft coyote
Merchan also threatened incarceration if Trump willfully violates the gag order again, writing in his ruling, “THEREFORE, Defendant is hereby warned that the Court will not tolerate continued willful violations of its lawful orders and that if necessary and appropriate under the circumstances, it will impose an incarceratory punishment.”
stark plover
The prosecution has called Hope Hicks to the witness stand.
stark plover
wise wren
soft coyote
Another slap on the wallet
Judge Juan M. Merchan has again held Trump in contempt of court and fined him another $1,000 for violating the gag order, sternly warning the former president of the possibility of jail for future violations.
And let's not forget https://news.sky.com/story/donald-trump-hush-money-trial-live-stormy-daniels-new-york-court-13116372?postid=7641215
south idol
https://vxtwitter.com/ryanjreilly/status/1788210203990646961
https://vxtwitter.com/ryanjreilly/status/1788210209669738528
And a bit of Ye Ol' Osint here
https://vxtwitter.com/ryanjreilly/status/1788210218398023728
https://vxtwitter.com/ryanjreilly/status/1788210220822315270
https://vxtwitter.com/ryanjreilly/status/1788210224370712769
heady nest
https://vxtwitter.com/ryanjreilly/status/1788210203990646961
https://vxtwitter....
I remember that, weird tweets back then https://twitter.com/zhenryaz/status/1337102811817897984?t=Tf5MR3bd94VO2ebD2dB2Xg&s=19
Twitter
stark plover
soft coyote
https://apnews.com/live/trump-trial-updates-michael-cohen-day-16 today is Cohen's start of testimony
stark plover
The conclusion from legal analysis here is that prosecutors have a very confused case. They claim that this is fraud, but in state law, the fraud has to have specifically harmed individuals materially. Intent to defraud needs a specific target. They have never ruled for fraud against "the public." Besides, the checks were from 2017, so the concept of defrauding the public in an election is a moot frame.
According to analysis, prosecutors should have delineated that the fraud was specifically against regulators.
There is no basis for "election fraud" legally.
vernal ridge
The conclusion from legal analysis here is that prosecutors have a very confused...
At least for the checks to Cohen, they may be 2017, but the payments Cohen made to Keith Davidson, Stormy's lawyer, were 2016
Late 2016 too
south idol
The media enables his noisy stans by calling it a "hush money case" (not illegal). They get spit-talk energetic about harping on that point.
Here is what it is, in APs recall:
Merchan went over New York’s law against “conspiracy to promote or prevent election,” a statute that’s important to the case. That’s because prosecutors claim that Trump falsified business records in order to cover up alleged violations of the election conspiracy law. The alleged violations, prosecutors say, were hush money payments that really amounted to illegal campaign contributions.
stark plover
The media enables his noisy stans by calling it a "hush money case" (not illegal...
Confirmation bias is a helluva drug. If the jury is instructed to rule with this in mind, they really unfortunately should return a not guilty verdict. You can't insinuate charges for which a defendent hasn't been charged. NYS fraud statutes require specifically naming aggrieved parties. No demographic, much less the general public, has ever once been considered an aggrieved party of fraud under the law. All focus should be on falsification of business documents. Source for the above is an interview with a legal analyst on NPR; skip to 6:35: https://www.npr.org/2024/05/18/1211598408/trump-trials-michael-cohen-has-the-prosecution-proved-its-case-against-trump
stark plover
Apparently the defense closing args included warning that Trump might go to jail, and they should consider that. That's jury nullification. https://www.axios.com/2024/05/28/trump-trial-defense-attorney-jail-closing-argument
ripe cradle
Election fraud harms the electors as a whole. Securities fraud harms the market as a whole. Tax fraud harms the nation as a whole. It seems there are many types of fraud that do not require identifying specific individuals. But I guess these are Federal crimes?
soft coyote
https://www.nycourts.gov/LegacyPDFS/press/PDFs/People v. DJT Jury Instructions and Charges FINAL 5-23-24.pdf jury instructions are posted
stark plover
Alito has agreed to uphold the tradition of the appearance of impropriety: https://www.nbcnews.com/politics/supreme-court/justice-alito-declines-step-trump-related-cases-flag-spat-rcna154540
stark plover
Jury has reached a verdict.
torn vale
Jury found Donald Trump guilty on all 34 counts of falsifying business records, a felony. He faces up to 4 years in prison.
glass edge
I wonder how far out he will be able to push sentencing edit looks like July 11th
south idol
guilty on all 34 counts
👀
dusk osprey
lol
I'm so relieved, and so are many others.
soft coyote
That was quick
south idol
Yet the conviction on the same doesn't necessarily ruin his chances of re-election ...
warm viper
Yet the conviction on the same doesn't necessarily ruin his chances of re-electi...
Not to mention he'll appeal and that will take so long - and he's 78 or whatever - that he probably won't live to see any consequences
But it won't stop me from enjoying a celebratory beverage
Is this a new ad?
rocky swan
But it won't stop me from enjoying a celebratory beverage
Scary repost Michael Weiss https://x.com/dick_nixon/status/1796288021429440602 [link is stuck, all week X! "This is a dangerous time and it must be approached as such." ]
warm viper
Scary repost Michael Weiss https://x.com/dick_nixon/status/1796288021429440602 ...
Edit the URL and replace "x" with "vxtwitter" and it will come through.
https://vxtwitter.com/dick_nixon/status/1796288021429440602
rocky swan
Edit the URL and replace "x" with "vxtwitter" and it will come through.
https://...
X officially stopped using twitter url's, for most part early this week
atomic gull
stark plover
On a linguistic note I find his comments quite telling. "Very innocent" means he wants others to think that innocence is a contest, with only the purest person being the most innocent. They also called Michael Cohen the Greatest Liar of All Time, or GLOAT... while Trump set some kind of record for lying whilst president. https://www.pbs.org/newshour/politics/watch-trump-says-hes-a-very-innocent-man-after-guilty-verdict-in-hush-money-trial
Neverending hyperbole as attempt at constant persuasion
stark plover
heady nest
Janey Godley was right
soft coyote
https://manhattanda.org/d-a-bragg-announces-34-count-felony-trial-conviction-of-donald-j-trump/ DA Bragg's press release
ripe cradle
I want to be pals with Juror 7. Also, 0 for Reuters seems normal. I never hear anyone mentioning them, except very recently with Tesla news.
lofty needle
https://vxtwitter.com/ashtonpittman/status/1796366788919189698
juror 2 must of got a real shock during the trial truth social and twitter
glass edge
Twitter
soft coyote
https://edition.cnn.com/2024/07/02/politics/trump-sentencing-date-delay-proposal/index.html has slightly more text to it I guess.
soft coyote
“This Office will not stipulate to vacate the final judgment already entered by Supreme Court, New York County, in this action or otherwise seek to dismiss the action,” Deputy Solicitor General Judith Vale wrote in a letter to Trump defense attorney John Sauer.
soft coyote
Twitter