160
submitted 8 months ago by MicroWave@lemmy.world to c/politics@lemmy.world

Donald Trump won’t face the corporate death penalty after all.

A New York judge on Friday spared the ex-president that worst case punishment as he ruled in a civil case alleging Trump fraudulently misrepresented financial figures to get cheaper loans and other benefits.

Still, Trump got slammed hard, facing big cash penalties, outside supervision of his companies and restrictions on his borrowing.

In a pretrial ruling last year, the same judge threatened to shut down much of the Republican presidential front-runner’s business by calling for the “dissolution” of corporate entities that hold many of his marquee properties. That raised the specter of possible fire sales of Trump Tower, a Wall Street skyscraper and other properties.

But New York Supreme Court Judge Arthur Engoron called off the dissolution.

Instead, he said the court would appoint two monitors to oversee the Trump Organization to make sure it doesn’t continue to submit false figures.

you are viewing a single comment's thread
view the rest of the comments
[-] themeatbridge@lemmy.world 9 points 8 months ago
  1. I'm saying that if he is finally forced to fork over the cash, it's going to come from international donations in return for additional state secrets. Or they'll just Epstein him.
[-] LufyCZ@lemmy.world 1 points 8 months ago

Russia really doesn't have the tens to hundreds of millions of USD it's gonna cost right now.

There's a whole war thing going on and their USD accounts are frozen last time I checked.

[-] themeatbridge@lemmy.world 6 points 8 months ago

Russia isn't the only country with money and an interest in state secrets.

[-] LufyCZ@lemmy.world -2 points 8 months ago

Sure, it's not gonna be suspicious at all when the company's account receives tens of millions from a random international account.

Be realistic, you're free to hate Trump all you want, I don't like the guy either, but selling state secrets isn't the same as buying a kitkat at a grocery store

[-] themeatbridge@lemmy.world 7 points 8 months ago* (last edited 8 months ago)

You're kidding, right? He received millions from China, Saudi Arabia, and Qatar while he was in office!

He's received hundreds of millions of dollars from Russia.

TRUMP UNLAWFULLY HELD ONTO CLASSIFIED DOCUMENTS AND SHOWED THEM TO FOREIGN NATIONALS WITH WHOM HE HAS BUSINESS DEALINGS.

You say I'm being unrealistic for saying something is going to happen after it's already happened?? Get your fucking head out of your ass.

[-] LufyCZ@lemmy.world 1 points 8 months ago

You're being unrealistic because he received that money over the course of a decade as a payment for actual services, even of the cost of said services might've been inflated to fit the pay offs.

This time, he'd suddenly be receiving stupid amounts of money into the company account, which the fine will be paid from. The same account that's currently (afaik) under the control of US officials.

It's just not that easy.

[-] themeatbridge@lemmy.world 2 points 8 months ago
[-] LufyCZ@lemmy.world -1 points 8 months ago

Have you heard of hotels? Venues?

Don't let hatred blind your judgement, it makes you look dumb.

[-] themeatbridge@lemmy.world 2 points 8 months ago

Right, you're pretending Trump is a legitimate businessman with no suspicious entanglements, but I should take your advice on how I look because you're such an astute observer of human intelligence.

[-] LufyCZ@lemmy.world 1 points 8 months ago

Have you heard of gangs using restaurants as a front for other less legal businesses?

They do still serve pizza there. If it happens to cost $60 and it comes with a sack of white sniffy stuff is another thing.

But yeah keep pushing unlogical shit, it really works if all you're trying to do is scream into a wall.

[-] DarkNightoftheSoul@mander.xyz 1 points 8 months ago

Can never rule out the ol' epstein maneuver.

this post was submitted on 17 Feb 2024
160 points (96.0% liked)

politics

19159 readers
4544 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS