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I was wondering why me and my friends were getting spammed with messages to donate to Trump. Good news.
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Feb 17, 2024 00:12
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Remember though, this assumes that Trump org is fully solvent and not leveraged to fuckall and back. If they have to start dumping properties to pay off loans well, that 400m he theoretically could make from truth social won't go very far either, since he has been a personal guaranteer. I wouldn't be surprised if he declared bankruptcy in the next year, assuming he loses the erection.
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Feb 17, 2024 00:13
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Yiggy posted:Curious to what extent the ensuing investigations and today’s judgement were coincident with or a consequence of the expose published by the NYT detailing much of the fraud that was targeted in this fraud case. Does this happen absent that expose? I’m bitter about NYTimes coverage during the Trump era but do I really have to give it to them on that one? That was just the Weisselberg perjury flap. Probably had some impact but honestly this judgment from Engoron is middle-of-the-road if you dig into the guidelines he cites Could've gone with $500M and five years banned. Or $600M and a lifetime ban. Either would have been appealable and possibly reducible. This judgment won't be reduced.
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Feb 17, 2024 00:15
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I hope solicitors find that paying E. Jean Carroll's judgement takes priority when distributing the money.
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Feb 17, 2024 00:16
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Cimber posted:I wouldn't be surprised if he declared bankruptcy in the next year, assuming he loses the erection. 
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Feb 17, 2024 00:23
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Chinese Gordon posted:His shares are worth $4bn *on paper* at the current valuation, which has been driven to insane heights by crazed retail investor chuds. If the lockin agreement is waived and he starts dumping the stock its value will quickly plummet and he'll be lucky to get $400m. It is a potential way out, though. Yeah truth social is losing money and is completely worthless if trump doesn't win, as trump being on it is the only reason it has any "value". Anyone buying stock in it is basically just donating to trump indirectly. He also can't sell for six month, and other people have shares which I'm sure they'll start selling immediately if he does. Don't want to be the bag holder.
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Feb 17, 2024 00:23
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Pleasant Friend posted:I hope solicitors find that paying E. Jean Carroll's judgement takes priority when distributing the money. They won't. The $460M+ he owes to New York State will be the first to act.
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Feb 17, 2024 00:25
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mdemone posted:They won't. The $460M+ he owes to New York State will be the first to act. The Carroll money was already put into a fund that allowed him to appeal, right? Can that money be seized for something else?
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Feb 17, 2024 00:27
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AsInHowe posted:The Carroll money was already put into a fund that allowed him to appeal, right? Can that money be seized for something else? They will seize it and then they will pay her out for it. If they can seize it. If they can't then she won't get anything either.
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Feb 17, 2024 00:28
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Since Trump wriggles out of every jam, I'm trying to figure out how he wriggles out of his one. Would winning the Presidency again keep any of these claims from being enacted against him? How much foreign money can be back-channeled to him? A series of Powerball wins? I refuse to believe that good things are possible so someone confirm my belief that this won't matter because nothing matters tia.
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Feb 17, 2024 00:36
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Isn't Truth social basically the DWAC SPAC?
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Feb 17, 2024 00:36
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Trump Legal Troubles: Assuming He Loses The Erection
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Feb 17, 2024 00:37
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dr_rat posted:Yeah truth social is losing money and is completely worthless if trump doesn't win, as trump being on it is the only reason it has any "value". Anyone buying stock in it is basically just donating to trump indirectly. He also can't sell for six month, and other people have shares which I'm sure they'll start selling immediately if he does. Don't want to be the bag holder. The 6 month lockin agreement can be waived by the board, and they'll almost certainly capitulate if (when) Trump demands to be able to cash out. A lot of chud retail chumps will be ruined in the subsequent crash but Trump will probably be able to frame his sales as fighting back against the Deep State or whatever and so he'll clear enough to pay the judgements.
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Feb 17, 2024 00:39
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cr0y posted:Isn't Truth social basically the DWAC SPAC? lol and they just got approval to buy/merge last week Edit: I would sell on that, to be clear
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Feb 17, 2024 00:41
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Comstar posted:Place you bets ladies and gentleman, on how big is the fine going to be today. The biggest fine in all of history, like no one has ever seen before. Many people are saying this with tears in their eyes. Just the biggest most glorious hugest fine of all time.
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Feb 17, 2024 00:45
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BiggerBoat posted:The biggest fine in all of history, like no one has ever seen before. Many people are saying this with tears in their eyes. Just the biggest most glorious hugest fine of all time. I'm asking around to see if there's been a bigger fine levied in history but I don't think so Aside from massive corporations. Like I mean to one dude and his criminal family.
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Feb 17, 2024 00:48
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mdemone posted:I'm asking around to see if there's been a bigger fine levied in history but I don't think so Alex Jones owes north of a billion to the Sandy Hook families.
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Feb 17, 2024 00:56
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C. Everett Koop posted:Since Trump wriggles out of every jam, I'm trying to figure out how he wriggles out of his one. He's got a lot of wriggling to do at least, but most of what wriggling he got to do where gets answered by criminal liability cases (georgia election overturning, jan 6) instead of the ones that are merely doing the business to whats left of his business enterprise
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Feb 17, 2024 00:57
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C. Everett Koop posted:Since Trump wriggles out of every jam, I'm trying to figure out how he wriggles out of his one. Would winning the Presidency again keep any of these claims from being enacted against him? This is a state judgement, so on paper, no. However, being in charge of the DOJ. There is also no precedent for the president having a huge unpaid civil judgement against them so things would slow down a lot. At worst, he could threaten to unilaterally do something extremely damaging to the country if they don't ease up on him So just like everything else, whether or not he becomes president again is the biggest and most important unknown quote:How much foreign money can be back-channeled to him? A lot less than there used to be, now that his finances are almost entirely in the hands of the courts. He's a horrible investment for a legitimate business and too closely watched for anyone shadier to bail him out I guess one of the evil billionaires that runs the country could pay it off on his behalf, but most billionaires don't have hundreds of millions of dollars of liquid assets lying around and freeing up the cash would reduce their balance sheet by significantly more quote:A series of Powerball wins? Probably wouldn't transfer the cash to him before the election quote:I refuse to believe that good things are possible so someone confirm my belief that this won't matter because nothing matters tia. We're not out of the woods yet but this is a hugely damaging blow that will have major repercussions at least up until January of next year and possibly for the rest of his life haveblue fucked around with this message at 01:00 on Feb 17, 2024 |
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Feb 17, 2024 00:58
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C. Everett Koop posted:Since Trump wriggles out of every jam, I'm trying to figure out how he wriggles out of his one. Would winning the Presidency again keep any of these claims from being enacted against him? How much foreign money can be back-channeled to him? A series of Powerball wins? I refuse to believe that good things are possible so someone confirm my belief that this won't matter because nothing matters tia. He follows his dad's advice and keeps six months cash in the house?
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Feb 17, 2024 01:08
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i guess he'll have to take up shop in Jersey
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Feb 17, 2024 01:10
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rkd_ posted:I was wondering why me and my friends were getting spammed with messages to donate to Trump. Good news. Not to throw shade on your friends but you should probably not lend any of them any money in the near future. Just in case.
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Feb 17, 2024 01:29
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Xiahou Dun posted:Alex Jones owes north of a billion to the Sandy Hook families. poo poo I forgot about him 
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Feb 17, 2024 01:35
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Chinese Gordon posted:His shares are worth $4bn *on paper* at the current valuation, which has been driven to insane heights by crazed retail investor chuds. If the lockin agreement is waived and he starts dumping the stock its value will quickly plummet and he'll be lucky to get $400m. It is a potential way out, though. It could easily double or triple by November regardless of how worthless the stock is. I guess his finances are more or less at the irrational whims of meme stock investors. If he is able to cash out at $1b, he'd be better off even after this verdict.
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Feb 17, 2024 01:42
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One very fun little wrinkle in Engoron's decision is in the description of the severance package that Allan Weisselberg, the Trump Org's ex-CFO, got when he was fired for one of the other Trump Org-related fraud cases.quote:Allen Weisselberg was the CFO of the Trump Organization from 2002 until he was placed on leave in October 2022, after pleading guilty to 15 criminal counts of tax fraud and falsification of business records at the Trump Organization. TT 790; PX 1751, 3041. In that same vein, his testimony in this trial was intentionally evasive, with large gaps of “I don’t remember.” He conceded that his Separation Agreement, on which he is still apparently awaiting four payments, prohibits him from voluntarily cooperating with any entity “adverse” to the Trump Organization or its former or current employees. PX 1751. That alone renders his testimony highly unreliable. The Trump Organization keeps Weisselberg on a short leash, and it shows. There's a literal "don't talk to the cops" clause in it. In a nice little bit of twisting the knife, Engoron adds a footnote that suggests it's highly unlikely to be enforceable - with the citation being one of the cases about the nondisclosure agreements the Trump campaign made everyone sign. quote:Although not before this Court, such provision would almost certainly be unenforceable as against public policy, to the extent that it restricts full and truthful cooperation with legal investigations and actions. Denson v Donald J. Trump for President, Inc., 530 F Supp 3d 412, 437 (SDNY 2021) (Trump campaign’s non-disclosure and non-disparagement provisions are invalid and unenforceable as against public policy).
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Feb 17, 2024 02:00
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Cimber posted:He follows his dad's advice and keeps six months cash in the house? It's in a banana stand but Eric burns it down.
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Feb 17, 2024 02:17
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trump immediately said he’d appeal but it seems unclear if he knows he’d have to put up the $460mi in escrow to do so
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Feb 17, 2024 02:22
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Levitate posted:trump immediately said he’d appeal but it seems unclear if he knows he’d have to put up the $460mi in escrow to do so maybe he meant “appeal for donations”
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Feb 17, 2024 02:23
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Subjunctive posted:maybe he meant “appeal for donations” Trump Legal Troubles: Appealing for donations
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Feb 17, 2024 02:55
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Timmy Age 6 posted:One very fun little wrinkle in Engoron's decision is in the description of the severance package that Allan Weisselberg, the Trump Org's ex-CFO, got when he was fired for one of the other Trump Org-related fraud cases. "What do you mean the "You agree to not squeal to the pigs about any illegal activites" isn't a legally enforceable clause? Says who? ... law enforcement, you say?" I mean, who would actually expect a court to honor that when the justice system comes a-knocking for information?
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Feb 17, 2024 04:40
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It’s “if you ask whether they’re a cop they have to tell you” level of thinking
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Feb 17, 2024 05:17
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the "u have to tell me if u are a cop" disclaimer he signed for himself and mailed to the police
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Feb 17, 2024 05:18
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mdemone posted:I'm asking around to see if there's been a bigger fine levied in history but I don't think so Trump will eventually wind up bragging about it.
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Feb 17, 2024 05:21
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Cimber posted:Remember though, this assumes that Trump org is fully solvent and not leveraged to fuckall and back. If they have to start dumping properties to pay off loans well, that 400m he theoretically could make from truth social won't go very far either, since he has been a personal guaranteer. I wouldn't be surprised if he declared bankruptcy in the next year, assuming he loses the erection. Are the fines levied by the court dischargeable in bankruptcy or are they like student loans and he can't get out of them short of winning an appeal?
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Feb 17, 2024 05:27
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They are not dischargeable in a bankruptcy.
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Feb 17, 2024 05:33
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So it's months old now I think but I gotta ask; the hell is the thread title in reference to? Also, yeah, I was under the impression/understanding that any otherwise legal contract or binding document that has illegal clauses is null and void? Like hence why there's no such thing as consensual murder in places where euthanasia is illegal. I cannot sign a document saying I give consent to be killed.
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Feb 17, 2024 05:43
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RoboChrist 9000 posted:So it's months old now I think but I gotta ask; the hell is the thread title in reference to? Someone posted in what they thought was the Baldur's Gate 3 thread, and many lols were had.
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Feb 17, 2024 05:57
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skeleton warrior posted:Someone posted in what they thought was the Baldur's Gate 3 thread, and many lols were had. This thread seems to now have the proud tradition of people posting wild video games things in here on accident.
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Feb 17, 2024 06:12
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Shammypants posted:Virtually all of Trumps wealth is tied up in NYC. He's locked in here and he has no way out. I think Rorschach rules apply in this instance - he's not trapped in here with us, we're trapped in here with him.
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Feb 17, 2024 06:12
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The Steiner one was 
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Feb 17, 2024 06:24
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