1. #88901
    Quote Originally Posted by Rasulis View Post
    This is why no sane person would want to go to trial and prefer to settle. It is freaking expensive.

    Trump Legal Fees Threaten to Cause Cash Crunch by July



    On top of that, we have the penalties from the cases that he lost.

    Trump could soon face over $400 million in legal penalties. Can he afford it?

    He is worth $10B. He could afford it.
    And considering the tax fraud case currently running against him and the statements in there about falsified records I imagine any collateral would be double checked and physically inspected by an independent source to check if its is actually worth the stated amount.
    It ignores such insignificant forces as time, entropy, and death

  2. #88902
    Quote Originally Posted by Rasulis View Post
    That was supposed to be sarcasm. Forgot the <s>.



    Trump is out of money which is why he is going hard at Ronna Romney so he can take over the RNC treasury.

    That would be hilarious.
    I sense another exclusive Trump NFT sale.

  3. #88903
    Void Lord Breccia's Avatar
    10+ Year Old Account
    Join Date
    Oct 2010
    Location
    NY, USA
    Posts
    41,805
    Quote Originally Posted by Draco-Onis View Post
    I sense another exclusive Trump NFT sale.
    You should. The SEC just cleared Truth Social for sale and the stock price jumped. He'll get a cash infusion from that. Oh, the site still blows and it'll still fail, but Trump will sell it off before that, then post on Twitter again.

  4. #88904
    Quote Originally Posted by Breccia View Post
    You should. The SEC just cleared Truth Social for sale and the stock price jumped. He'll get a cash infusion from that. Oh, the site still blows and it'll still fail, but Trump will sell it off before that, then post on Twitter again.
    Trump has an infinite money glitch in the form of his supporters.

  5. #88905
    Void Lord Breccia's Avatar
    10+ Year Old Account
    Join Date
    Oct 2010
    Location
    NY, USA
    Posts
    41,805
    Quote Originally Posted by Draco-Onis View Post
    Trump has an infinite money glitch in the form of his supporters.
    It's not infinite. But it will last the rest of his life. The second Trump is no more, that well dries up and the family, the business, and the GOP has nothing.

  6. #88906
    Reforged Gone Wrong The Stormbringer's Avatar
    10+ Year Old Account
    Premium
    Join Date
    Jul 2010
    Location
    ...location, location!
    Posts
    15,545
    Quote Originally Posted by Draco-Onis View Post
    Trump has an infinite money glitch in the form of his supporters.
    Keep in mind it's not infinite in throughput, however. He can't just pull a billion dollars out of thin air whenever he wants. It's a constant stream of money, sure, but even that can only go so far if not allowed to build up.

  7. #88907
    So, in an apparent smart move, or probably because of fear, Trump is withdrawing his appeal to the SCOTUS about presidential immunity on his current cases.

    https://www.msn.com/en-us/news/us/tr...33cc8461&ei=16

    Trump opts against Supreme Court appeal on civil immunity claim over Jan. 6 lawsuits

    Lawsuits seeking to hold Donald Trump personally accountable for his role in the Jan. 6 attack on the Capitol can move forward after the former president chose not to take his broad immunity claim to the Supreme Court.

    Trump had a Thursday deadline to file a petition at the Supreme Court contesting an appeals court decision from December that rejected his immunity arguments, but he did not do so.

    The appeals court made it clear that Trump could still claim immunity later in the proceedings in three cases brought by Capitol Police officers and members of Congress.

    "President Trump will continue to fight for presidential immunity all across the spectrum," said Steven Cheung, a Trump spokesman.
    The civil lawsuits against Trump are separate from the criminal case against him that also arose from Jan. 6. On Monday, Trump asked the justices to put that case on hold on immunity grounds.

    Trump's lawyers argued that any actions he took on Jan. 6 fall under the scope of his responsibilities as president, thereby granting him immunity from civil liability. The U.S. Circuit Court of Appeals for the District of Columbia rejected that argument, ruling that Trump was acting in his role as a political candidate running for office, not as president.

    But the court added that when the cases move forward in district court, Trump "must be afforded the opportunity to develop his own facts on the immunity question" in order to show he was acting in his official capacity. He then could again seek to have the lawsuits dismissed, the court said.

    The legal arguments being made by Trump are similar to those he is making in his criminal case as he seeks to prevent a trial from taking place before the November election.

    In rejecting Trump's immunity claim in the criminal case, a different panel of judges in the same appeals court did not directly address whether Trump's actions were official acts. The court instead assumed that they likely were official acts and found that, even then, Trump could not claim immunity.

    The lead plaintiff in the civil immunity case is James Blassingame, a Capitol Police officer who was injured in the Jan. 6 riot. Fellow plaintiffs in several lawsuits that have been consolidated on appeal include other police officers and lawmakers who were at the Capitol that day.

  8. #88908
    Some of Trump's lawyers were told not to charge more than $750 an hour after his political advisers blanched at their bills.

    How much do these lawyers typically charge?

    Kasowitz, a partner at Kasowitz Benson Torres LLP, charges $1,500 an hour for his legal services for Trump.

    Did they get paid? Not sure. I would have asked for a deposit. Once the deposit run out, stop all services until more money is deposited into the account.

  9. #88909
    Void Lord Breccia's Avatar
    10+ Year Old Account
    Join Date
    Oct 2010
    Location
    NY, USA
    Posts
    41,805
    Quote Originally Posted by gondrin View Post
    So, in an apparent smart move, or probably because of fear, Trump is withdrawing his appeal to the SCOTUS about presidential immunity on his current cases.
    God fucking dammit, that feels like a smart move.

    Paging Dr. @cubby but, if I'm reading this right, besides the lie of "continue to fight for presidential immunity" when he just bailed on literally the only case, it means he can raise it as an issue in all his remaining cases, because there will be no ruling on any of them -- then appeal them all separately.

    Let me say again: he has no chance of victory here. His only option is to lose slowly. If "absolute immunity" is off the table, he can't raise it in any other courtroom. Withdrawing the appeal allows him to continue.

  10. #88910
    Reforged Gone Wrong The Stormbringer's Avatar
    10+ Year Old Account
    Premium
    Join Date
    Jul 2010
    Location
    ...location, location!
    Posts
    15,545
    It's looking more and more likely that Trump might drain the RNC's coffers to pay for his own growing legal fees. How funny would that be? Please, please let him take down the GOP with him. Let him go kicking and screaming, dragging these idiots with him. Maybe we'll actually get out of our stupid deadlock and have our country be governed again...

  11. #88911
    Quote Originally Posted by The Stormbringer View Post
    It's looking more and more likely that Trump might drain the RNC's coffers to pay for his own growing legal fees. How funny would that be? Please, please let him take down the GOP with him. Let him go kicking and screaming, dragging these idiots with him. Maybe we'll actually get out of our stupid deadlock and have our country be governed again...
    Nah. The government has pretty much been in deadlock since Newt Gingrich was one of the main instigators. Every so often they will work together but until you kick out the crazies, especially in the Senate, you will never get much of anything done.

  12. #88912
    https://www.nbcnews.com/politics/don...ron-rcna135283

    The judge who presided over a civil business fraud trial against Donald Trump and his company has issued his decision in the case.

    Judge Arthur Engoron ordered the former president and the Trump Organization to pay over $300 million in damages, and bars Trump "from serving as an officer or director of any New York corporation or other legal entity in New York for a period of three years."

    The judgment is the second this year against Trump after he was hit last month with an $83.3 million verdict in writer E. Jean Carroll's defamation case against him. The former president could also face four criminal trials this year as his presidential campaign barrels toward the November election, with the first set to begin in New York state court on March 25th.
    RIP the RNC budget if his picks get in there, all that cash is going to pay off his obligations.

  13. #88913
    Pandaren Monk masterhorus8's Avatar
    10+ Year Old Account
    Join Date
    Jan 2013
    Location
    Irvine, CA
    Posts
    1,914
    Quote Originally Posted by Edge- View Post
    https://www.nbcnews.com/politics/don...ron-rcna135283



    RIP the RNC budget if his picks get in there, all that cash is going to pay off his obligations.
    ...only 3 years? I was hoping that it'd be way longer than that. Kinda disappointed.
    10

  14. #88914
    Quote Originally Posted by masterhorus8 View Post
    ...only 3 years? I was hoping that it'd be way longer than that. Kinda disappointed.
    For someone as unhealthy as he is it might be long enough.

  15. #88915
    Quote Originally Posted by Edge- View Post
    https://www.nbcnews.com/politics/don...ron-rcna135283



    RIP the RNC budget if his picks get in there, all that cash is going to pay off his obligations.
    Okay I'm just asking here. Away from computer so can't get too deep right now.

    You link says $360 million and Twitter headlines at $350 million. I'm assuming $350 number. Read your article quick and didn't give a breakdown(?).

    Anyways I'm hoping for the top number of $350 just cause I'm a hater of course and want him to pay the most.
    "Buh dah DEMS"

  16. #88916
    Quote Originally Posted by The Stormbringer View Post
    Keep in mind it's not infinite in throughput, however. He can't just pull a billion dollars out of thin air whenever he wants. It's a constant stream of money, sure, but even that can only go so far if not allowed to build up.
    True but it's going to be a whole lot more when he is only running against Biden he can suck up all the money they RNC would be getting and stuff it into his pockets.

  17. #88917
    Quote Originally Posted by gondrin View Post
    Nah. The government has pretty much been in deadlock since Newt Gingrich was one of the main instigators. Every so often they will work together but until you kick out the crazies, especially in the Senate, you will never get much of anything done.
    Sure the deep red crazies will stay but if the RNC is broke before the election even begins that will absolutely effect any race that is remotely competitive.
    It ignores such insignificant forces as time, entropy, and death

  18. #88918
    Void Lord Breccia's Avatar
    10+ Year Old Account
    Join Date
    Oct 2010
    Location
    NY, USA
    Posts
    41,805
    The verdict is in: Trump must pay $355 million, nearly the maximum, in the NY fraud case.

    The fine is some $16 million less than the $370 million the attorney general’s office asked the judge to force Trump to pay. It also blocks Trump from participating in New York business for three years.

    Trump’s sons, Donald Trump Jr. and Eric Trump, were ordered to pay more than $4 million each, and were both barred from serving as officers or directors of any New York corporation or other legal entity for two years.

    Ex-chief financial officer Allen Weisselberg was ordered to pay $1 million. Weisselberg was also blocked from New York business for three years, and both he and former controller Jeffery McConney were barred for life from serving “in the financial control function” of any New York corporation or business entity.

    However, the judge reversed a decision ahead of the trial that ordered the cancellation of the defendants’ business certificates, though he said the order could be renewed.
    I don't know where or how it could be renewed. He made his decision, the trial is over.

    EDIT: The full text of the 92-page ruling is here. It will take me a while to go through it, but, I did jump to the end for a "Conclusion" which there wasn't.

    I found two other things. One, the judge will name an independent compliance official to oversee the effects. Two, the reason the cancelation is no longer required, is that with two court-ordered officials watching everything, it may no longer be necessary. If, even with multiple court-ordered watchers, they still continue to commit fraud, then Trump Org will be dissolved like orange pancake makeup in a waterfall of salty tears.
    Last edited by Breccia; 2024-02-16 at 08:52 PM.

  19. #88919
    I find it fitting that Ivanka is the only one to avoid penalties in this. She has always struck me as the least-stupid of the Trump children, barring Baron of course since the dude is like just 18 or something now and apparently his dad doesn't even like him.

  20. #88920
    Old God Kathranis's Avatar
    15+ Year Old Account
    Join Date
    May 2008
    Location
    Austin, Texas
    Posts
    10,900
    Quote Originally Posted by Paranoid Android View Post
    Okay I'm just asking here. Away from computer so can't get too deep right now.

    You link says $360 million and Twitter headlines at $350 million. I'm assuming $350 number. Read your article quick and didn't give a breakdown(?).

    Anyways I'm hoping for the top number of $350 just cause I'm a hater of course and want him to pay the most.
    Trump is liable for $354,868,768, his sons are each liable for $4,013,024, and Weisselberg is liable for $1,000,000, bringing the total judgement to $363,894,816.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •