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BANKRUPTCY?

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Those who attack Judge Engoron and the State of New York likely did not read even a small portion of the 92-page filing. Here are 8 fraudulent things Trump & his company did: - The Trump Org said Mar-a-lago should be valued between $1-1.5 Billion. Buckingham Place is worth $1.3 billion. Buckingham Place is 830,000 sq ft. Mar-a-lago is 62,500 sq ft. - Incorrectly represented the size of his triplex apartment and overvaluing it significantly. - Claimed control over certain assets, like the Vornado partnership interest, as "cash" when there was no such control. - Falsely represented the number of homes that could be built on a property in Aberdeen to be much higher than permitted. (ie. claiming permission to build 2035 private residences when only 500 were permitted) - The valuation of 40 Wall Street was falsely inflated, with projected net operating incomes far exceeding realistic figures, such as representing a $26.2 million net operating income that was never achieved. - Falsely stated that real estate asset valuations in the SFCs came from outside appraisals. - Lied about the existence of potential claims against the Trump Organization. - Obtained favorable loan terms and avoided setting aside cash reserves by providing personal guarantees based on these inflated financial statements. These guarantees required maintaining a net worth and liquidity based on the false financials, impacting loan agreements with financial institutions.

CALL TO ACTIVISM

@CalltoActivism

As an attorney, there are a few things that stand out to me about this ruling that are absolutely calamitous for Donald Trump and his children. Here’s why. First, the penalties on Don Jr. and Eric Trump are arguably even MORE devastating for them. Both Don Jr. and Eric Trump are young and both men are currently overseeing Trump Organization day to day. On the contrary, as a 77-year old, Trump’s involvement in the company has reportedly been limited in recent years. This ruling has essentially left Don Jr. and Eric Trump unemployed. Second, the fact that Donald Trump and the Trump Organization are both banned from applying for loans from any New York-chartered financial institutions for 3 years makes it incredibly hard for Trump to actually afford the judgment. Together with the E. Jean Carroll verdict, Trump is now responsible for almost $450 MILLION in penalties - an amount that would wipe out nearly every penny of cash he reportedly has. Engoron did not hold back with his words in this decision: “The defendants’) complete lack of contrition and remorse borders on pathological.” One thing is clear, Judge Engoron’s ruling upholds the integrity of the financial marketplace - and finally holds Trump accountable for his many lies.

Tristan Snell

@TristanSnell

15h

Trump NY AG case is NOT about "subjective" real estate valuations. These are not inflations of 10%. These are inflations of 1,000% or 3,300%. If you have a house, and the appraiser says it's worth $300,000, and you tell banks it's worth $3,000,000 or $10,000,000, it's FRAUD.

Adrian Derpmann™

@theliamnissan

18h

BREAKING NEWS: LIKE CLOCKWORK DONALD TRUMP ASKS HIS FOLLOWERS FOR THEIR SOCIAL SECURITY CHECKS AGAIN

Biden’s Wins

@BidensWins

15h

BREAKING: On the same weekend the Hunter Biden scandal was exposed as a hoax, Donald Trump was just fined more than $364,000,000.

Musk flew to Mar-a-Lago last night

Haley warns Trump could try to use RNC as ‘piggy bank’ if reelected

Trump’s hubris has brought about the downfall of his family’s business empire - Even the giant fortune Trump inherited from his father did not stop him from steering the family’s dynasty on to the rocks

Many believe the founders wanted a Christian America. Some want the government to declare one now

AOC's questions years ago helped spark the investigation into Trump's business. Now, he's been ordered to pay $355 million.

Eric Trump Flies into a Rage and Nearly Bursts into Tears as He Responds to Fraud Ruling

THE PRICE OF FRAUD: $450 Million Blow to Trump's Finances, and His Identity... Judge bars from running NY businesses for 3 years... 'ILL-GOTTEN GAINS'... Stops short of dissolving... Melania, Ivanka Could Save?

BANKRUPTCY?
30 DAYS TO FIND THE MONEY
AI AD COMMOTION

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Robert Reich

@RBReich

10m

Prior to 1982, the SEC considered stock buybacks to be illegal stock manipulation. But under President Reagan, stock buybacks were made legal. Now, instead of investing profits into people, big corporations use them to line the pockets of wealthy shareholders. They're a scam.