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The Legal & Financial Problems of Donald Trump & Family

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  • #61
    Originally posted by Albany Rifles View Post
    My niece lives in Toronto and is married to a Canadian.
    You must love her very much. I don't know anyone outside of Toronto would admit having a Maples Leafs fan in the family.

    Chimo

    Comment


    • #62
      Trump’s Shambolic Empire Faces Long Odds for One More Comeback

      (Bloomberg) -- On the day Donald Trump was getting impeached in Washington, the lobby of his New York tower at 40 Wall St. was almost silent. Few footsteps smudged the shiny marble.

      But up the dark and golden elevators, trouble was stirring in one of the billionaire’s most valuable properties. Inside one law office, two partners had clashed over whether to keep paying rent to a landlord who encouraged the Capitol’s deadly riot. On the 24th floor, a nonprofit that fights tuberculosis was exploring options for leaving. On the seventh, the Girl Scouts were figuring out how to break their lease.

      And in the basement, vintage bank-vault doors that weigh more than 10 tons stood wide open. There, in a club room that Trump renovated, the news was playing on a jumbo television to an audience of empty armchairs just as Congress voted against him.

      So it goes in Trump’s empire as his presidency slouches toward the end.

      The Trump Organization, run by sons Eric and Don Jr., was struggling with the devastating consequences of the Covid-19 pandemic even before their father incited a raid on Congress. Efforts to sell his Washington hotel were shelved, his office buildings were losing value amid a glut of space in Manhattan, and his golf courses were facing the reality that younger generations aren’t so interested.

      Trump entered office worth $3 billion. Despite soaring stock prices and his own tax cuts, he will leave about $500 million poorer, according to the Bloomberg Billionaires Index.

      His buildings are saddled with more than $1 billion in debt, most of it coming due in the next three years and more than a third of it personally guaranteed. Refinancing would mean finding lenders and corporations willing to work with history’s only twice-impeached ex-president.

      “Nothing like this has ever happened to him,” said Barbara Res, who was an executive in Trump’s company for years. “Will he come back? My gut tells me yes, because he always comes back. But he won’t come back the same.”

      Deserted Avenue

      Trump already has survived corporate bankruptcies, rough times in Atlantic City, a school that ended with probes and dead-end brand journeys for Trump Steaks, Trump Vodka and even an airline. The man who made “America First” his catchphrase could now hunt overseas for partnerships and licensing deals.

      Even so, Deutsche Bank AG, his longtime financier, won’t touch him anymore. Signature Bank, where his daughter Ivanka once served on the board, is closing his accounts. Cushman & Wakefield Plc, a broker for 40 Wall St., is cutting ties, and PGA of America is steering clear.


      The biggest hits to Trump’s fortune are in New York, the heart of his empire, where the Queens-born developer turned into a reality star and then descended his own escalator to enter politics.

      Outside Trump Tower, East 56th Street remains blocked, a parking lot for about a dozen black SUVs with government plates. The building is closed to visitors due to the pandemic, shutting Trump’s grill, bar, cafe and ice cream parlor.

      Not that there are tourists around for winter sundaes. Fifth Avenue is almost deserted. Vacant storefronts are multiplying, and some remaining boutiques are now appointment-only. Rents have slid 32% from a 2018 peak, according to the Real Estate Board of New York.

      Trump’s cavernous East 57th Street space is currently subleased to the iconic Tiffany’s jewelry store, but a new tenant will soon be needed.

      High above, 1,596 square feet of Trumpian extravagance keeps getting cheaper.

      Apartment 55B, with blue lapis floors and medallion ceilings, is listed for $2.995 million, about $2.5 million less than four years ago. It’s hardly an outlier. Prices at the skyscraper have slipped by a third since Trump took office, StreetEasy data show.

      And even before the Capitol attack, his company was offering concessions to some tenants at 40 Wall St., lender records show. The $137 million debt at the property was added to lender watch lists in November after net income dipped below what underwriters expected when the debt was issued in 2015.

      City’s Rejection

      “I don’t believe his name is going to bring a premium currently,” said Warren A. Estis, founding partner at real estate law firm Rosenberg & Estis and owner of an 86th-floor penthouse at Trump World Tower near the United Nations. Still, Estis said he’s heard no rumblings from his condo board about stripping Trump’s name from the building.

      “What’s in a name? A rose by any other name is still a rose,” says Estis. “It appears Donald is very resilient and I expect he’s going to bounce back from this.”

      New York City itself wants nothing to do with Trump. Officials plan to end more than $17 million in contracts with the president’s family business, including a carousel and two ice skating rinks in Central Park and a Bronx golf course.

      “The City of New York has no legal right to end our contracts and if they elect to proceed, they will owe the Trump Organization over $30 million,” the company said in a statement. “This is nothing more than political discrimination, an attempt to infringe on the First Amendment, and we plan to fight vigorously.”

      While police officers were keeping the public out of Trump Tower, including its Trump Store, there was also bad news for fans going online to nab Trump pint glasses for $55 or a Trump candle set for $80. Shopify is refusing to service the website, which has left customers with a warning that their connection isn’t private and “attackers might be trying to steal your information.”

      Not long ago, the big question hovering over Trump’s return to the business world was whether the former reality television host would make a foray into conservative media, where product endorsements and licensing deals are legion. Now the talk in finance circles centers on whether he can defend his existing empire. He’ll have to convince lenders he’s worth the risks, and prove to developers his name retains enough cache.

      “The presidency and Donald’s racist, sexist and xenophobic language has tarnished the brand to such an extent that it is valueless,” said Michael Cohen, his lawyer-turned-critic.

      Streaming Trump

      Eric Trump brushed off such assertions in an interview with the Associated Press this week, blaming “cancel culture” for recent hits to the family empire that he said posed no threat to the company’s finances. His father, he noted, still has armies of fans: “You have a man who would get followed to the ends of the Earth by a hundred million Americans.”

      One executive in conservative media who’s still bullish on Trump’s prospects for creating a subscription-based video service conceded that recent events may limit possible platforms, advertisers and partners.

      Still, the executive said that even controversial porn purveyors can find homes online. He estimated Trump could get 5 million to 15 million supporters to pay $10 a month for content, predicting gold hawkers and close friends wouldn’t balk at advertising.


      The Trump Organization could also look overseas.

      During his presidency, Trump pledged that his businesses wouldn’t sign new deals in foreign countries, but it continued to collect income from licensing arrangements in Turkey, the Philippines and India. His administration developed close ties in the United Arab Emirates, where he’s previously done business, and Saudi Arabia, where his company considered projects before his ascent to the presidency.

      Betting on Rebound

      Hussain Sajwani, chairman of Dubai’s DAMAC Properties, said he’d welcome the chance to expand his firm’s relationship with Trump.

      “We have a great relationship with the Trump Organization, and, be assured, we have absolutely no intention to cancel our agreement,” he said in a statement.


      The author of “The Art of the Deal” and “The Art of the Comeback” could try his hand at returning to publishing. Trump’s predecessors in the White House, President Barack Obama and First Lady Michelle Obama, got a record-breaking $65 million advance for their memoirs.

      Trump may have created problems for himself here, too. Publisher Simon & Schuster canceled a planned book by Trump ally Josh Hawley, citing the Missouri senator’s “role in what became a dangerous threat to our democracy and freedom.”

      At least for now, a return to politics isn’t out of the question. Betting website PredictIt pegs the odds that Trump will file this year to run again for president at about 30%. Recently, like so much else, that number has taken a tumble.
      _____________

      I'm wondering how eager foreign investors are going to be about investing in Trump once he's out of the White House...

      I mean, what does he have to offer? Brand recognition is all he's ever had and that's taken a pretty big hit lately.
      “He was the most prodigious personification of all human inferiorities. He was an utterly incapable, unadapted, irresponsible, psychopathic personality, full of empty, infantile fantasies, but cursed with the keen intuition of a rat or a guttersnipe. He represented the shadow, the inferior part of everybody’s personality, in an overwhelming degree, and this was another reason why they fell for him.”

      Comment


      • #63
        Originally posted by Officer of Engineers View Post
        You must love her very much. I don't know anyone outside of Toronto would admit having a Maples Leafs fan in the family.
        Actually, as she is from Buffalo she is a Sabres fan. And her husband is the only Canadian I know who doesn't care about hockey. He is an MMA guy.
        “Loyalty to country ALWAYS. Loyalty to government, when it deserves it.”
        Mark Twain

        Comment


        • #64
          Joe Scarborough says he might sue Donald Trump for repeatedly accusing him of murder

          (AP)
          Joe Scarborough has considered legal action against Donald Trump, who wrongly accused the MSNBC host of murder last year.

          Mr Scarborough said on Sunday that he had lost patience with Mr Trump since the storming of the US Capitol by his supporters, many of whom alleged the 2020 election was “stolen”, and that he could sue the US President over allegations levelled against him.

          Mr Trump, whose presidency ends on Wednesday, will no longer be protected against legal action. Mr Scarborough suggested to Times Radio that could lead to the one-term president being sued by him.

          “I called lawyers after about the tenth time he accused me of murder,” said Mr Scarborough, who sought advice from lawyers in New York and Washington DC after Mr Trump’s allegations in May last year.

          “I get the best lawyer in New York, the best lawyer in DC who was supposed to be the best for handling these sort of defamation cases and they said, well you can't sue the president because he's the president and he's got immunity, which I disagree with,”
          Mr Scarborough said.

          The MSNBC host then added: “I think there may be a challenge there and I may sue him in the future.”

          Mr Trump wrongly alleged that Mr Scarborough murdered a woman when he was a Republican congressman almost two decades ago, and suggested on Twitter that the two had an “affair”.

          The president wrote about Mr Scaraborough and the death in a series of Twitter posts in May 2020, as the MSNBC host attacked the Trump administration’s response to the Covid-19 pandemic.

          “A lot of interest in this story about Psycho Joe Scarborough,” Mr Trump tweeted at the time. “So a young marathon runner just happened to faint in his office, hit her head on his desk, & die? I would think there is a lot more to this story than that? An affair? What about the so-called investigator?”

          An intern working for Mr Scarborough, Lori Klausutis, collapsed and died after fatally hitting her head. She had suffered from a heart condition prior to the fall, and police found no evidence of foul play for the death, as The Washington Post reported.

          Mr Trump continued to make the accusations against the television host, despite widespread condemnation at his comments, which Mr Scarborough warned were hurting Klausutis’s family.

          Twitter, where Mr Trump made those accusations, said at the time that it was “deeply sorry about the pain these statements, and the attention they are drawing, are causing the family,” Vanity Fair reported.

          The social media site permanently banned the president last week, after posting misleading election-related information and inciting his supporters to storm Congress.

          Mr Scarborough added on Sunday that Mr Trump “won’t be back” because “he's probably going to either spend time in jail or do a deal that will stop him from ever entering politics again”.

          “What we can't understand is how he continues, even today, to maintain a grip on the Republican Party,” the MSNBC host added. “That is the real crisis in American democracy, not Donald Trump because Donald Trump's going away.”

          The US president is currently under investigation in New York in relation to his business dealings, and has faced calls to be criminally prosecuted over the Capitol riot, for which he has been impeached a second time.
          _____

          “He was the most prodigious personification of all human inferiorities. He was an utterly incapable, unadapted, irresponsible, psychopathic personality, full of empty, infantile fantasies, but cursed with the keen intuition of a rat or a guttersnipe. He represented the shadow, the inferior part of everybody’s personality, in an overwhelming degree, and this was another reason why they fell for him.”

          Comment


          • #65
            Trump’s tax lawyers cut ties as he leaves office and reports say federal prosecutors already have his records

            Donald Trump’s legal troubles began mounting before he could even step foot out of the White House on Wednesday.

            Reports indicated early in the morning on Inauguration Day that federal prosecutors in New York had obtained some of his financial records amid an investigation into the former president and his private business.

            Those records were obtained despite the Supreme Court having not yet made a decision on whether Manhattan District Attorney Cyrus Vance Jr can demand eight years of Mr Trump’s tax records from his accounting firm, Mazars USA.

            While the district attorney’s office was still waiting for an order from the nation’s highest court on its subpoena powers, Bloomberg News reported the new developments meant investigators can begin verifying criminal allegations against the Trump Organization and former president.

            By the afternoon, as President Joe Biden was officially sworn in as the next commander-in-chief, reports said Mr Trump’s team of tax lawyers were officially severing ties with him.

            A spokesperson for Morgan Lewis said the global law firm was ending its relationship with Mr Trump and his business, which predated his 2015 presidential bid, according to The American Lawyer.

            As the legal magazine reported, partners for the firm took a significant role in explaining to the public how the former president was planning to distance himself from his private business during his tenure in the White House.

            “We have had a limited representation of the Trump Organization and Donald Trump in tax-related matters,” a spokesperson told the outlet this week. “For those matters not already concluded, we are transitioning as appropriate to other counsel.”

            Other law firms also appeared to be jumping ship in the final hour, including Alston and Bird, which said in a 15 January statement it had “no intention of representing the president” in an appeal for a case involving him, his children and the Trump Organization. The firm acquired the president as a client after hiring a new litigator last year that had previously represented, and at the time was representing, Mr Trump.

            While Mr Trump faced significant legal controversies throughout his presidency, and congressional investigations were launched into his alleged involvement in campaign finance violations and other concerns, he had yet to suffer the corporate backlash that befell him during his final days in office.

            That came amid growing calls for his removal from office following his conduct leading up to the deadly pro-Trump mob attacks on the US Capitol, which left at least five people dead, including United States Capitol Police Officer Brian Sicknick.

            Mr Trump held a rally just before the riots encouraging his supporters to march to the building as Congress convened to certify his electoral defeat in the 2020 elections – then released a video to social media during the riots in which he continued to promote false claims of rampant voter fraud.

            The former president lost access to virtually all his social media accounts since the day of the riots, as the CEOs of major tech companies cited threats of further violence from his supporters as part of their reasoning for blocking or suspending Mr Trump from their platforms. Major banks also distanced themselves from Mr Trump after the riots and said they would no longer work with the former president or his business.

            Even the PGA – the largest professional golf organisation in the US – disassociated from Mr Trump after the mob.

            The president’s children have come out since the riot to defend him from the corporate backlash he faced, with Eric Trump insisting that companies cutting ties with his father were falling victim to “cancel culture”.

            “We live in the age of cancel culture, but this isn’t something that started this week. It is something that they have been doing to us and others for years,” he told the Associated Press. “If you disagree with them, if they don’t like you, they try and cancel you.”

            A bipartisan group of House lawmakers have also voted to impeach the former president for a second time due to his alleged incitement of the deadly insurrection, and the Senate could soon begin a trial even though he is no longer in office.
            ___________

            Cue the sad trombone "whomp-whomp"
            “He was the most prodigious personification of all human inferiorities. He was an utterly incapable, unadapted, irresponsible, psychopathic personality, full of empty, infantile fantasies, but cursed with the keen intuition of a rat or a guttersnipe. He represented the shadow, the inferior part of everybody’s personality, in an overwhelming degree, and this was another reason why they fell for him.”

            Comment


            • #66
              Members are quitting Mar-a-Lago because it has become a 'sad' and 'dispirited' place since Trump moved in, author says

              Former President Donald Trump's return to his glitzy Florida golf resort — Mar-a-Lago - has reportedly not been met with fanfare by the club's wealthy members.

              Mar-a-Lago's mood is "dispirited," and people are canceling their memberships, the author of a book on the resort told MSNBC.

              "I've talked to a bunch of people the last couple of days," Laurence Leamer told the cable channel. "A lot of people have quit Mar-a-Lago."

              The author of "Mar-a-Lago: Inside the Gates of Power at Donald Trump's Presidential Palace" then remarked that members are leaving due to concerns that they might be featured in newspaper articles.

              Leamer says Trump's declining popularity has also turned off members.

              He told MSNBC: "They don't want anything to do with Donald Trump. Many of the members, they're not going there very often because it's a very dispirited place."


              He continued: "It's a sad place for Trump to be hanging out. It's not what it was."

              Leamer later added: "They're walking away from him. Even here, people don't like him."


              Members, who pay $200,000 to join the club, have voiced their concern about Trump's return to Mar-a-Lago.

              His neighbors are reportedly taking legal action to try and prevent the move from becoming permanent, according to The Washington Post.

              The neighbors wrote a secret letter to Palm Beach authorities and the US Secret Service arguing that Trump has no legal right to live at Mar-a-Lago full-time, The Post reported.

              It said that authorities should notify Trump that he is not allowed to become a permanent resident to avoid an "embarrassing situation" whereby he would be evicted, the paper said.
              ___________

              I mean, seriously, who wants to be around a sullen loser like Donald Trump?
              “He was the most prodigious personification of all human inferiorities. He was an utterly incapable, unadapted, irresponsible, psychopathic personality, full of empty, infantile fantasies, but cursed with the keen intuition of a rat or a guttersnipe. He represented the shadow, the inferior part of everybody’s personality, in an overwhelming degree, and this was another reason why they fell for him.”

              Comment


              • #67
                Originally posted by InExile View Post

                I would be glad just for Trump to be gone. Infact, I wouldn't even mind if Biden would give him a full pardon, if he would just promise to go quietly after the election, and not raise any crap about fraud, mail in ballots, Russia and witch hunts.
                Serious? Trump has been yapping away since birth when he demanded that the nurse give him his first bottle immediately and call him Mister, rather than Donald, while doing so.

                Comment


                • #68
                  Originally posted by MSNBC

                  Trump Plotted To Replace AG General In Effort To Overturn Election Results | The Last Word | MSNBC
                  Published on 22 January 2021
                  Aired on 23 January 2021



                  Andrew Weissmann and Michael J. Moore join Lawrence O’Donnell to discuss the latest reports that Donald Trump and a Justice Department official worked to have then-Acting Attorney General Jeffrey Rosen replaced with a loyalist who would support Donald Trump’s unfounded claims of election fraud. Moore, former U.S. Attorney for the middle district of Georgia, says it’s “pretty clear here that there’s been an effort to solicit somebody to commit voter fraud,” and Weissmann, former FBI General Counsel, says although no additional proof of malfeasance is needed, “at this point it’s clear that more evidence is going to come out.”

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                  Comment


                  • #69
                    Originally posted by tbm3fan View Post

                    Serious? Trump has been yapping away since birth when he demanded that the nurse give him his first bottle immediately and call him Mister, rather than Donald, while doing so.
                    This post was months ago.

                    In light of Trump’s behavior after the election there has to be consequences, throw the book at him.

                    Comment


                    • #70
                      Originally posted by InExile View Post

                      This post was months ago.

                      In light of Trump’s behavior after the election there has to be consequences, throw the book at him.
                      I forgot to highlight pardon in the quote which is where I departed...

                      Comment


                      • #71
                        SCOTUS allows Trump to keep the emoluments with no significant repercussions.

                        Originally posted by CNN

                        Supreme Court dismisses emoluments cases against Trump

                        by Ariane de Vogue and Devan Cole
                        25 January 2021

                        (Washington, D.C.) - The Supreme Court declined on Monday to hear a case concerning whether former President Donald Trump violated provisions of the Constitution that bar a president from profiting from a foreign government.

                        The court instructed the lower courts to wipe away previous lower court opinions that went against Trump because he is no longer in office. It leaves unresolved a novel question raised in the case because Trump, unlike other presidents, did not use a blind trust when he assumed the presidency, but instead continued to retain an interest in his businesses and let those businesses to take money from foreign and domestic governments.

                        The order was issued without comment or dissent.

                        There were two cases covering the issue before the justices. One was initiated by lawyers for Maryland and Washington, DC, who argued Trump violated the Constitution by accepting payments from foreign and domestic governments through the Trump International Hotel in DC. They said they were disadvantaged in competing for business from foreign and state officials who may choose to do business with entities in which the President had a financial interest in order to curry favor.

                        A second case was brought by various members of the hospitality industry who own or work in hotels or restaurants in New York and Washington, who also argued they were put at a competitive disadvantage.

                        Deepak Gupta, one of the attorneys challenging Trump in the disputes, said on Twitter following the court's decision that he wasn't surprised the case was dismissed as moot after Trump left office, adding it's "disappointing that Trump ran out the clock."

                        "I'm proud of the work we did to ensure the Constitution's anti-corruption norms weren't forgotten," he wrote.

                        The group Citizens for Responsibility and Ethics in Washington, which had a part in the cases against Trump, said on Monday that the lawsuits "made the American people aware for four years of the pervasive corruption that came from a president maintaining a global business and taking benefits and payments from foreign and domestic governments."

                        "Only Trump losing the presidency and leaving office ended these corrupt constitutional violations stopped these groundbreaking lawsuits," Noah Bookbinder, the group's executive director, said in a statement.

                        At the center of the case was the Constitution's Emoluments Clause, which has faced few judicial interpretations since it was written almost 250 years ago.

                        The Emoluments Clause prohibits a president from receiving an "emolument" or profit from any "King, Prince, or foreign state" unless Congress consents. The so-called domestic emoluments clause entitles a president to receive a salary and benefits fixed in advance by Congress, but prohibits him from receiving "any other emolument from the United States."

                        "The Supreme Court's procedural order not only wipes away two lower court rulings, but it also orders dismissal of the entire dispute -- leaving for some other time resolution of the many questions Trump's conduct raised about the Emoluments Clause," said Steve Vladeck, a CNN Supreme Court analyst and professor at the University of Texas School of Law.

                        "Ordinarily, the Court pursues such a step only when the prevailing party moots a case while the appeal is pending -- as opposed to here, where the disputes became moot because Trump's term ended," he added. "Today's orders suggest that the court is increasingly willing to invoke this doctrine to avoid highly charged political disputes, even if the mootness wasn't caused by the parties that won below."

                        A lower court had allowed 38 subpoenas that were served on five federal agencies that demanded information about money spent by those agencies at the Trump International Hotel in Washington, DC.

                        In court papers, lawyers for Trump's Department of Justice had argued the lower court in the case brought by Maryland and DC "fundamentally erred in permitting this unprecedented and extraordinary lawsuit to proceed" and called the alleged injury "attenuated and speculative."

                        DC Attorney General Karl Racine and Maryland Attorney General Brian Frosh said in a joint statement on Monday that their case "will serve as precedent that will help stop anyone else from using the presidency or other federal office for personal financial gain the way that President Trump has over the past four years."

                        Former Office of Government Ethics chief Walter Shaub blasted the court's decision as "insane" in a tweet, arguing the emolument cases were not moot, as the court said.

                        "(Trump) still has the money. When any other federal employee violates the emoluments clause they have to forfeit the money," Shaub wrote.

                        This story has been updated with additional detail and reaction.

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                        Last edited by JRT; 25 Jan 21,, 19:49.
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                        • #72
                          Originally posted by JRT View Post
                          SCOTUS allows Trump to keep the emoluments with no significant repercussions.
                          ...
                          Donald Trump's grifting was never going to be stopped, nor any consequences dished out. An obsequious Senate guaranteed that. And, even if he'd been reelected, a stacked SCOTUS would've guaranteed the same result anyway.

                          Trump was right: The Emoluments Clause of the Constitution is indeed "phony"....at least as far as Trump's corruption is concerned.
                          “He was the most prodigious personification of all human inferiorities. He was an utterly incapable, unadapted, irresponsible, psychopathic personality, full of empty, infantile fantasies, but cursed with the keen intuition of a rat or a guttersnipe. He represented the shadow, the inferior part of everybody’s personality, in an overwhelming degree, and this was another reason why they fell for him.”

                          Comment


                          • #73
                            Dominion Sues Giuliani

                            It was only a matter of time, and now it has come to pass. Dominion Voting Systems (DVS), which already sued pro-Trump "lawyer" Sidney Powell for $1.3 billion, has now hit pro-Trump "lawyer" Rudy Giuliani for the same amount. In both cases, the claims are for defamation and deceptive trade practices and are in response to wild claims the two "lawyers" made to the effect that DVS voting machines were badly compromised during the election, something that the company likely did in cahoots with the nation of Venezuela.

                            The elements of defamation are as follows:
                            1. A false statement purporting to be fact
                            2. Publication or communication of that statement to a third person
                            3. Fault amounting to at least negligence
                            4. Damages, or some harm caused to the person or entity who is the subject of the statement
                            Clearly—since not one whit of evidence for Powell's/Giuliani's claims has been put forward—the first element has been met. And the two "lawyers" were on front pages (and webpages) across the country, so the second element has been met as well. The third is where most defamation/libel/slander cases fail; the wronged party has to prove that the person knew they were lying, or was so reckless in verifying their information as to be guilty of negligence. That should be no problem in this case, though; even if Powell/Giuliani claim they thought they were telling the truth, there was so much pushback against their claims—up to and including cease and desist letters from DVS and others—that they were at very least guilty of negligence in continuing to assert so many falsehoods. Fourth, and finally, there is pretty clear harm to DVS here, since confidence in their brand has been significantly undermined. In yesterday's court filing, they project losses of $200 million in the next five years as a result.

                            In short, Giuliani and Powell should be very nervous, because a defamation suit doesn't get much more slam-dunk than this. And even worse: DVS hasn't the slightest interest in settling. They know full well that the two "lawyers" don't have $2.6 billion, or $200 million, or anything close to it. So, the company's strategy is going to be to drag Giuliani and Powell through the mud, over and over, in hopes of completely discrediting them and saving the company's brand. And, in the process, they will take whatever portion of $2.6 billion the duo does have. One assumes the plaintiff will aim for disbarment as well.

                            Meanwhile, Donald Trump—who already has plenty to worry about at night—should also be nervous. DVS has not ruled out suing him, and while he probably doesn't have $1.3 billion either, he has enough that a defamation suit could take a huge chunk out of his already overstretched rear end. And he's as guilty as Giuliani and Powell are, excepting that those two didn't broadcast their claims to 80 million people on Twitter, while Trump did. That, of course, was back in the days when the former president still had access to his Twitter account. In any event, this is a story that isn't going away anytime soon. (Z)
                            ________________

                            Good a place as any to document the plight of Trump's crime family lol
                            “He was the most prodigious personification of all human inferiorities. He was an utterly incapable, unadapted, irresponsible, psychopathic personality, full of empty, infantile fantasies, but cursed with the keen intuition of a rat or a guttersnipe. He represented the shadow, the inferior part of everybody’s personality, in an overwhelming degree, and this was another reason why they fell for him.”

                            Comment


                            • #74
                              And I heard on NPR last night that Dominion isn't finished. Evidently they are going after individual "broadcasters" from FOX News.... Hannity & Carlson are at the top of their list.
                              “Loyalty to country ALWAYS. Loyalty to government, when it deserves it.”
                              Mark Twain

                              Comment


                              • #75
                                Originally posted by Albany Rifles View Post
                                And I heard on NPR last night that Dominion isn't finished. Evidently they are going after individual "broadcasters" from FOX News.... Hannity & Carlson are at the top of their list.
                                Yeah I think Trump's Family has definitely opened Pandora's Box with Dominion, except there isn't anything at the bottom but more lawsuits. Damn shame....
                                “He was the most prodigious personification of all human inferiorities. He was an utterly incapable, unadapted, irresponsible, psychopathic personality, full of empty, infantile fantasies, but cursed with the keen intuition of a rat or a guttersnipe. He represented the shadow, the inferior part of everybody’s personality, in an overwhelming degree, and this was another reason why they fell for him.”

                                Comment

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