"Their complete lack of contrition and remorse borders on pathological. They are accused only of inflating asset values to make more money. The documents prove this over and over again. This is a venial sin, not a mortal sin. Defendants did not commit murder or arson. They did not rob a bank at gunpoint.
Donald Trump is not Bernard Madoff. Yet, defendants are incapable of admitting the error of their ways," Engoron wrote.
“Defendants’ refusal to admit error — indeed, to continue it, according to the Independent Monitor — constrains this Court to conclude that they will engage in it going forward unless judicially restrained,” he added.
The ruling also bars the Trump sons — who’ve been running the company since their father went to the White House — “from serving as an officer or director of any New York corporation or other legal entity in New York for a period of two years.”
So, yeah, I guess the headline was shitting you, because at best it’s going to be effectively a two year ban for this pack of pathologically remorseless creeps who the judge admits are definitely going to reoffend. Ain’t justice grand? /s
Yeah, I really don’t think people should be celebrating this. This is practically giving people permission to cheat on their taxes considering they still came out on top in terms of profiting overall.
Sure, but it’s still a problem. Trump could abandon New York, but re-entering the NY market after three years would be like starting over. Probably not worth it.
Or he could turn over control to someone like Ivanka. But for it to survive, she will have to put in her own people and make new contacts of her own. After three years it will effectively be her company, nobody involved will want to see Donald return.
That’s the death of the company. Nobody in his family can run this business now. It’ll continue on with someone they have hired to manage it, but the judge will keep his eye on them with the monitor for a very long time.
Three years? Are you shitting me?
For real, look at this shit
“Some will rob you with a six-gun, and some with a fountain pen,” really great to see how far we’ve come since that was written
But I digress,
So, yeah, I guess the headline was shitting you, because at best it’s going to be effectively a two year ban for this pack of pathologically remorseless creeps who the judge admits are definitely going to reoffend. Ain’t justice grand? /s
Yeah, I really don’t think people should be celebrating this. This is practically giving people permission to cheat on their taxes considering they still came out on top in terms of profiting overall.
I definitely understand wanting to celebrate, people have been waiting for this asshole to get what’s coming to him since at least 2016
But yeah, this really isn’t the death blow it could/should have been
Think of it like a three year ban from the NFL. In theory it’s not permanent, but in practice it is.
Is it? I mean I’d prefer it if Trump didn’t live to 80, but Rupert Murdoch is 92 and still clinging on to power.
The problem is resuming operations after a three year hiatus.
I would be very surprised if they didn’t have some sort of contingency plan set up for this since they knew it was a possibility.
The contingency is getting his Daughter-in-law appointed head of the RNC. She’s already she’d give all RNC funds to trump.
In that case, good. It drains their war chest. But I’m not convinced it will happen.
It really harms down ballot candidates as well. Do it!
Sure, but it’s still a problem. Trump could abandon New York, but re-entering the NY market after three years would be like starting over. Probably not worth it.
Or he could turn over control to someone like Ivanka. But for it to survive, she will have to put in her own people and make new contacts of her own. After three years it will effectively be her company, nobody involved will want to see Donald return.
That’s the death of the company. Nobody in his family can run this business now. It’ll continue on with someone they have hired to manage it, but the judge will keep his eye on them with the monitor for a very long time.