Mega-Thread: Trump Focused Discussion

[Breccia]

You missed the second half of Breccia's post, which I think is on point.
He's masking trying to void the contract so he can sell his own stocks through this lawsuit, while the stock still has value

Thanks, mate!

[Edge-]

https://www.cnn.com/2024/04/03/busin...ing/index.html

Florida venture capitalist Michael Shvartsman and his brother Gerald Shvartsman pleaded guilty on Wednesday to participating in an insider trading scheme linked to the blockbuster deal that brought former President Donald Trump’s social media business public.

Each of the brothers pleaded guilty in New York to one count of securities fraud, which carries a maximum sentence of 20 years in prison, according to federal prosecutors.

The two brothers were arrested in June and charged with illegally trading on nonpublic knowledge of a shell company’s secret plan to buy Trump Media & Technology Group, the parent company of struggling social network Truth Social.

Wow, you can be in a pretty far comparative orbit from Trump and still end up in jail. Wild that fraudsters and criminals keep surrounding Donald and his companies.

No, these aren't the two he's suing.

[The Stormbringer]

https://www.cnn.com/2024/04/03/busin...ing/index.html

Wow, you can be in a pretty far comparative orbit from Trump and still end up in jail. Wild that fraudsters and criminals keep surrounding Donald and his companies.

No, these aren't the two he's suing.

I really hope they find something to link Trump to this and slap him with charges too. I almost guarantee he had a hand in this.

[Edge-]

https://newrepublic.com/post/180383/...ork-hush-money

Donald Trump has attacked the judge in his hush-money trial so much that it earned him a massive gag order. Now Fox News is defending Trump by justifying the attacks.

“The judge is threatening to put Trump in jail by pointing out that his liberal family is getting rich off this trial,” Fox host Jesse Watters said Tuesday night. “He just wants a new judge—one whose family isn’t funded by Democrats.”

Jesse, "Taylor Swift is a CIA Psyop and I have Zero Evidence to Support This Theory", Watters is more than happy to make attacks against Judge Merchan and his family on Donald's behalf.

There are few conservatives that would not give Donald a hummer if he asked for it, or proactively offer one just in case he might want one.

[Rasulis]

Didn't take long.

BREAKING NEWS: Don Hankey, the Insurance Carrier CEO Apparently Behind the $175 Million Trump Bond, Is a Trump Mega-Donor Who Has Already Been Written Up As Connected to a Shady Trump-Adjacent Financial Operation



There is a thread but you get the picture.

AXOS main revenue generator is subprime car loans targeted primarily to members of the US armed forces.

[Edge-]

https://lawandcrime.com/high-profile...d-get-bounced/

A review of the New York County Supreme Court docket on Wednesday shows that paperwork for former President Donald Trump‘s newly-secured bond of $175 million was temporarily rejected and “returned for correction.”

The cause for the rejection, according to the New York County Supreme Court website, is because the requisite paperwork lacked a current financial statement.

This was first noted by New York attorney Jeffrey Levine in a post on X, formerly Twitter.

It is also missing the name of his attorney-in-fact. Trump will have a chance to resubmit his request.

An attorney for the former president did not immediately respond to a request for comment to Law&Crime.

As Law&Crime previously reported, Trump secured a bond of $175 million thanks to Knight Insurance Company of California. Owner Don Hankey was effusive in his praise of Trump after the bond secured, calling himself a “supporter.” But Hankey was less clear about whether Trump used bonds as collateral for the final amount.

Hankey did not immediately return a request for comment.

Trump was fined $454 million for extensive civil fraud earlier this year after he and his co-defendants at the Trump Organization were found guilty of wildly inflating the valuations of their real estate in order to secure sweetheart deals with insurers and agreeable loan terms.

Trump had claimed for weeks that he was unable to secure bond on the full amount while also claiming he had plenty of collateral and wealth to back it up.

Historically, Trump has been notoriously closefisted when it comes to access to his financial records.

So...Donald fucked up the paperwork on his bond.

No financial statement included - which sound like a pretty important document.

No "attorney-in-fact" - Which appears to just be someone with power of attorney acting as a fiduciary, not an actual attorney.

Now is this incompetence, or an intentional delay tactic?

Could it be both? It might be both!

[postman1782]

https://www.cnn.com/2024/04/03/busin...ing/index.html



Wow, you can be in a pretty far comparative orbit from Trump and still end up in jail. Wild that fraudsters and criminals keep surrounding Donald and his companies.

No, these aren't the two he's suing.

And this is only a week after the stock went public, so they were watching them like a hawk, knowing they are going to commit crimes.

- - - Updated - - -

https://lawandcrime.com/high-profile...d-get-bounced/



So...Donald fucked up the paperwork on his bond.

No financial statement included - which sound like a pretty important document.

No "attorney-in-fact" - Which appears to just be someone with power of attorney acting as a fiduciary, not an actual attorney.

Now is this incompetence, or an intentional delay tactic?

Could it be both? It might be both!

I hope they deny him the appeal then.

[Edge-]

https://www.reuters.com/world/us/tru...ew-2024-04-03/

More bad legal news for Donald -

A New York judge on Wednesday denied Donald Trump's bid to delay his April 15 trial on charges stemming from hush money paid to a porn star until the U.S. Supreme Court reviews claim to presidential immunity in a separate criminal case.

The Court is scheduled to hear the former U.S. President's arguments that he is immune from federal prosecution for trying to overturn his 2020 election defeat on April 25.

He got tired of winning so soon that he's been spending years losing constantly.

[Breccia]

No financial statement included - which sound like a pretty important document.

He could always show us his taxes.

(grins)

[Huehuecoyotl]

He could always show us his taxes.

(grins)

There are only two certainties with Trump; a dearth of taxes.

[Shadowferal]

Trump's request to delay hush-money trial until Supreme Court rules on immunity...?

Judge Merchan; Nah, fuck those guys

[Cthulhu 2020]

https://twitter.com/highbrow_nobrow/...62293243183121

Trump: Would you rather have the white president or the black president?


He's just straight up saying one of the last quiet parts out loud. And no it's not any better with context.

[Azadina]

https://twitter.com/highbrow_nobrow/...62293243183121

Trump: Would you rather have the white president or the black president?


He's just straight up saying one of the last quiet parts out loud. And no it's not any better with context.

Did he just imply his entire support base are racists? I'd love to hear some trumpkin explain this one out.

[D Luniz]

Pump-and-dump investors cash out on 'crazy' Trump fans buying up Truth Social stock

One such investor was Mohammed Al Shalloudi, a 21-year-old data analyst from the United Arab Emirates, who rushed to invest in the Truth Media stock as soon as it became available because he believed he could get Trump supporters to pay premium prices for a stock that he believed was wildly overpriced.

Al Shalloudi's bet has already paid off, given that he bought up shares when they were trading at $37 a piece and then sold them off last week when the price hit $65.

"It was a no-brainer," he tells Reuters. "You buy the stock, wait for Trump's fan base to hear about it, and enjoy your profit."

A software developer who only wished to be identified as Sarah told Reuters that her calculus in investing in the Truth Social parent company was similar to Al Shalloudi's.

“I invested $10,000 last Tuesday because MAGA is crazy and they will pump the stock,” she explained.

If I had a few thousand I could afford to lose if I guessed wrong, I'd have done the same.

[Edge-]

https://www.cnn.com/2024/04/04/polit...irst-amendment

An Atlanta-area judge on Thursday upheld the criminal indictment against former President Donald Trump in Georgia, rejecting the argument that Trump’s efforts to overturn the 2020 election were protected under the First Amendment.

Another judicial loss for Donald, and a very obvious one at that.

[Zemini7]

More bad news for Trump yet nothing happens. He still doing what ever the fuck he wants. "But we have to let the legal process take time!" Sorry but Time is something we do not have anymore...

[Milchshake]

More pressing news for Trump Org and MAGA fans!
Is Trump's $175 million civil fraud bond valid in New York?
BAsically, the bond submittal is missing key information. Does not appear to be valid. Im sure the big brain appeals judges will be shocked... just shocked by this demonstartion of incivility! Trump tried to cheat on his homework.

• Basic accounting of Trump's current solvency and finannancials.
• "Including that the company doesn't appear to be licensed in New York and doesn't appear to have enough capital to make this undertaking,"
• The company also does not appear to meet a restriction under New York insurance law barring companies from putting more than 10% of their capital at risk.

Suspect we’re going to end up learning that trump didn’t put up much or any of what knight’s CEO has claimed he did.
That knight’s CEO told his employees to just do it and ignored the details and the rules.
Trump is incapable of filling out the most basic legal forms.
Any truthful accounting of Trump finnancials will likely reveal just more fraud and other crimes.

He pledged as collateral his girlfriend in Canada...

[Gorsameth]

I am going to laugh my ass off if this company is in fact not legally able to post bonds for NY court cases.
Sadly I suspect they will then just give Trump another month to refile.

[Kaleredar]

More bad news for Trump yet nothing happens. He still doing what ever the fuck he wants. "But we have to let the legal process take time!" Sorry but Time is something we do not have anymore...

There’s a difference in asking to wait in the prosecution and being annoyed at trumps constant stalling.


Making sure the prosecution has enough time to get all their ducks in a row is insanely important.

However, continuing to treat Trump with any sort of notion of “good faith” is utterly ridiculous.

And I don’t think anyone is saying “just give Trump more time.”

[Rasulis]

DJT fell about 5% Thursday after Trump made a pair of posts on Truth Social bragging about his social network.

"First of all, it is very solid, having over $200M in CASH and ZERO DEBT," Trump posted. "More importantly, it is the primary way I get the word out and, for better or worse, people want to hear what I have to say, perhaps, according to experts, more than anyone else in the world."

Obviously, a big fat lie. Out of $58.2 million in expenses in 2023, around $40 million was in interest. It was in black in white on the SEC filing.

Also, active users on Truth have declined from 2M at the beginning to less than 500k. Which is why the company has no intention to publicly report statistics generally associated with social media companies. You know, key performance indicators, such as signups, average revenue per user, ad impressions and pricing, product engagement, or active user accounts including monthly and daily active users.

The basics.