Trump Gets the Corporate Death Penalty (And It's Getting Worse)
2,842,130
Published 2023-10-06
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All Comments (21)
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You know it's bad when the lawyers stop saying allegedly
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I don't think valuing Maralago at $750 million was overvaluing. $75 million for the property and $675 million for the national secrets stored in the ballroom and bathroom.
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It's beyond ironic that a shady businessman who's being busted for fraud and misquoting property values would be screwed by the fact that his own lawyer was cutting corners
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"our attempt at fraud wasn't successful so we shouldn't be punished. You wouldn't jail someone for attempted bank robbery!" This is literally sideshow Bob logic.
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Now this needs to continue for other billionaires. You cannot convince me Trump is the only billionaire committing fraud like this
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The irony is that he probably would've gotten away with all this if he had never gotten into politics. America doesn't seem to care about the illegal shennanigans of the very rich, but Trump brought attention to himself in the worst possible way and insists on keep doing so.
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Court: "Nice evaluation, Mr. Trump. How about you back it up with a source?" Trump: "The source is that I made it the f*ck up!"
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Trump going political was the worst mistake of his life. You put a target like that on your back, things you and others normally get away with suddenly stop working.
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As it turns out the guy had a GREAT reason for not disclosing his taxes when he was running for president.
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"Trump's lawyer Alina Habba forgot to check the box to request a Jury Trial. She really earned that 'F' tier ranking." - no medical procedure exists to treat a burn like that.
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I just love the amount of professional grade shade that's been thrown by that report
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People who aren't rich end up in jail in a heartbeat. The rich and powerful get fines and a slap in the hand.
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I sincerely hope that, if the right to use and profit from Trump's name and image comes up for auction, that it should get purchased by The Onion.
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They really went and attempted "trust me, bro" as a legal argument.
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Glad to see someone pointing out that the CYA clause in the statements saying that "Management is responsible for the financial statements" is to protect us, the accountants, and not the business owners who provide us with fraudulent information. In fact, after Enron and Worldcom, publicly traded companies cannot have the firm that prepares thier books also audit those books. Of course, avoiding audits is why Trump never took his company public, that and he can't risk having a board that could remove him, because they would.
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Itβs so stunning to me that there are still people on this planet who are surprised by the fact that Trump is a pathological liar.
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I'm not going to lie: it is genuinely shocking that the American justice system is finding him accountable for anything given its track record.
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Fun Fact: Trump has long held that a large portion of his net worth is not real estate, cash, or stock, but the value of the "Trump" brand. This ruling severely damages that brand.
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As a friend of mine once simplified: βWhat happens when a toddler misbehaves and throws a tantrum? You take their toys away.β