The Soapbox

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What's this?

That's fine, but the people and organizations who were defrauded ...

by The Trump Organization care. In the last 15 years, the Trump Org went to market for about $1bn in bonds. There's a lot of people who care. This is not just about $250mn in penalties to the government.

I'm not lookng at this from a politcal lens. I'm just looking at this from a justice point of view. It lands in the politcal board because the scandal involves the former President's company. And when a company destroys that much value, it going to impact a lot of innocent people ... affected by their lies.

[Post edited by Blah at 09/22/2022 1:10PM]

(In response to this post by Faz d. Hoo)

Posted: 09/22/2022 at 1:06PM

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Current Thread:

Donald Trump blames banks/investors for relying on Org's financials ... -- Blah 09/22/2022 07:32AM

I don't really have an issue with Trump screwing with the banks. I do have -- Faz d. Hoo 09/22/2022 11:15AM

I do. When he defaults, and doesn't have the assets to cover, the bank -- Plano Hoo 09/22/2022 11:32AM

Remember Deutsche issues the debt for the Trump Org. -- Blah 09/22/2022 11:21AM

Where do you want to go with this? This wouldn't be the first time a bank -- Faz d. Hoo 09/22/2022 11:38AM

Purposely misrepresenting your financials on your prospectus is illegal. -- Blah 09/22/2022 11:52AM

Again, where do you want to go with this? -- Faz d. Hoo 09/22/2022 12:12PM

Where do you think I'm going with this? James is only ... -- Blah 09/22/2022 12:26PM

I just don't care about the Trump organization. In the grand scheme of -- Faz d. Hoo 09/22/2022 12:46PM

That's fine, but the people and organizations who were defrauded ... -- Blah 09/22/2022 1:06PM

They fucked up. They trusted him. ** -- Hoo TV 09/22/2022 08:59AM

The mental gymnastics one must go thru to defend this guy are incredible! ** -- HoodatB 09/22/2022 08:55AM

That incompetency defense is looking better every day ** -- 757 09/22/2022 09:01AM

Trump is like if Qanon was a person -- WahooMatt05 09/22/2022 08:33AM

I doubt that disclaimer exists. What bank would accept that? -- Plano Hoo 09/22/2022 08:19AM

The statements were only compiled. The disclaimer attached -- Shenhoo 09/22/2022 08:41AM

Alright, I'll buy that. The implication of the post was that the disclaimer -- Plano Hoo 09/22/2022 11:28AM

At the time Deutsche issued Trump Org's bonds ... -- Blah 09/22/2022 09:14AM

Is Mazar's liable? I really doubt they are if they followed AICPA -- Shenhoo 09/22/2022 09:23AM

Interesting. I suspect some investors might try to hold ... -- Blah 09/22/2022 09:40AM

I'd agree with that. I'd too expect investors to go after Mazar's for any -- Shenhoo 09/22/2022 09:48AM

If there is one email where someone from Mazar questioned Trump Org -- Zhoo 09/22/2022 10:18AM

They are ** -- Zhoo 09/22/2022 09:30AM

I really doubt they are. I have to disagree. But it won't break my heart -- Shenhoo 09/22/2022 09:33AM

I think they were part of the "game" ** -- Zhoo 09/22/2022 09:56AM

Every major accounting firm will be looking at this case closely. -- Shenhoo 09/22/2022 09:59AM

All I know is I have seen firms -- Zhoo 09/22/2022 10:17AM

Exactly ** -- 111Balz 09/22/2022 09:07AM

This February, Mazars, retracted the financial statements. -- Blah 09/22/2022 08:28AM

Mazars was just as guilty IMO -- Zhoo 09/22/2022 09:00AM

I'm not masochistic enough to have sat down and read the indictment but I -- southdenverhoo 09/22/2022 08:42AM

I'm not sure what you mean when you say "most of the info came -- Shenhoo 09/22/2022 08:53AM

So Mazars only compiled the information into a document to give lenders -- Cold Hoober Hoo 09/22/2022 09:55AM

To add, I'd have to assume Deutsch Bank insisted on seeing Trump's tax -- Shenhoo 09/22/2022 10:13AM

I don’t know much about Deutsch Bank but it sounds -- Cold Hoober Hoo 09/22/2022 10:39AM

There are a ton of stories in Google using -- Shenhoo 09/22/2022 10:45AM

That's right. In fact, most banks didn't make loans on the info. -- Shenhoo 09/22/2022 10:02AM

Most investment banks were not comfortable issuing ... -- Blah 09/22/2022 10:20AM

He was asset rich, cash poor??? :) -- Zhoo 09/22/2022 10:29AM

I mean they co-operated with the investigation. Boy did they co-operate. ** -- southdenverhoo 09/22/2022 08:57AM

With independent accounting firms, reputation is everything. It's what -- Shenhoo 09/22/2022 09:39AM

Do you think Weisselberg is talking? I get the feeling ... -- Blah 09/22/2022 08:52AM

Yes. To my surprise. I don't know about "is talking," just "has talked." ** -- southdenverhoo 09/22/2022 08:59AM

Interesting. His testimony under oath in the near future ... -- Blah 09/22/2022 09:01AM

It's the perfect disclaimer, an extremely strong disclaimer, with fire, -- Hoo TV 09/22/2022 08:12AM

Very powerful disclaimer. More bull shit -- 757 09/22/2022 08:08AM

They're all suckers and losers. -- Chuck Taylor 09/22/2022 07:56AM

What's in in it for THEM? ** -- Hoo TV 09/22/2022 07:59AM

Not the banks! Who will protect the poor snowflake banks from the consumer?** -- ryno hoo 09/22/2022 07:51AM

The banks sell the paper for the Trump Org. Who do you think -- Blah 09/22/2022 07:57AM

There's that, but there is also harm to Trump org competitors if Trump -- Shenhoo 09/22/2022 09:44AM

Wouldn’t the creditor also be defrauded since they didn’t receive -- SixerHoo 09/22/2022 11:03AM

Absolutely. They lost revenue that they should have -- Shenhoo 09/22/2022 11:05AM

Good point. I never thought about that angle. Trump Org ... -- Blah 09/22/2022 09:47AM

You’re funny ** -- Plano Hoo 09/22/2022 07:53AM

No, he's pathetic. If he really believes the shit he posts, he is one ... -- HowieT3 09/22/2022 08:55AM

Sarcasm doesn't translate on the board. He's a clown ** -- Plano Hoo 09/22/2022 11:29AM

The art of the deal is really about gaming the system. -- Chuck Taylor 09/22/2022 07:45AM

The art of the art of the deal ** -- Hoo TV 09/22/2022 08:21AM

Yes. Fred Trump was more about stealing value whether through ... -- Blah 09/22/2022 07:55AM

Only the best disclaimers! ** -- SixerHoo 09/22/2022 07:34AM

LMAO ** -- HoodatB 09/22/2022 08:56AM

I rarely click on any Hannity segment nowadays, but I might have to ... -- Blah 09/22/2022 07:37AM

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