You Will Anyway: Turning the screws on the Trump Org

Friday, November 4, 2022

Turning the screws on the Trump Org

A New York state judge on Thursday ordered an independent monitor to oversee the Trump Organization's financial statements after it was alleged that the company has been vastly overstating its assets.

State Supreme Court Justice Arthur Engoron signed off on a preliminary injunction that also blocks former President Donald Trump's company from transferring assets without court approval. In his ruling, Engoron said the company must also make the monitor aware of all its holdings and assets and give 30 days’ notice of any restructuring at the company and any plans for "disposing or refinancing of significant Trump Organization assets." (Supreme Court is the name of New York state’s top trial court.)

Given "defendants’ propensity to engage in persistent fraud, failure to grant such an injunction could result in extreme prejudice to the people of New York,” he wrote.

NBC

Sad!

State Attorney General Letitia James asked asked Engoron to act last month, citing actions the company took around the time she filed a $250 million lawsuit against Trump, his three oldest children and the Trump Organization alleging fraudulent business practices in September.

The motion for a preliminary injunction said Trump Organization representatives created a new company with the same name in Delaware six days before James’ office brought the suit. The company then filed paperwork to register Trump Organization II LLC in New York on Sept. 21, the day the civil action was filed.

And no doubt Trump will appeal.

Also...

Sad.

UPDATE:

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"It takes only a bit of knowledge of history to realize how dangerous it is to think that the people who run the country know what they are doing." -- Howard Zinn

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"Terrorism is the willingness to kill large numbers of people for some presumably good cause.” -- Howard Zinn

"What we have is a foreign policy which is essentially a marketing strategy for selling weapons." -- Jill Stein

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"America: just a nation of two hundred million used car salesmen with all the money we need to buy guns and no qualms about killing anybody else in the world who tries to make us uncomfortable." ~ Hunter S. Thompson

"Let me issue and control a nation's money and I care not who writes the laws." ~ Mayer Rothschild

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"What matters in journalism isn't politics, which are as universal and inescapable as breathing. What matters -- along with a fundamentally adversarial attitude toward government, without which "journalism" is simply public relations -- is integrity, transparency, evidence, coherence, and principle. These are the principles on which we should evaluate the quality of journalism, and their absence is why some journalists are so desperate to get you to focus on something else." ~ Barry Eisler

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Life, as Explained in "Rosencrantz & Guildenstern Are Dead"

GUILDENSTERN: What a fine persecution---to be kept intrigued without ever quite being enlightened.

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ROSENCRANTZ : The only thing that makes it bearable is the irrational belief that somebody interesting will come on in a minute.

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GUILDENSTERN: But for God's sake what are we supposed to do?!

PLAYER: Relax. Respond. That's what people do. You can't go through life questioning your situation at every turn.

GUILDENSTERN: But we don't know what's going on, or what to do with ourselves. We don't know how to act.

PLAYER: Act natural. You know why you're here at least.

GUILDENSTERN: We only know what we're told, and that's little enough. And for all we know it isn't even true.

PLAYER: For all anyone knows, nothing is. Everything has to be taken on trust; truth is only that which is taken to be true. It's the currency of living. There may be nothing behind it, but it doesn't make any difference so long as it is honoured. One acts on assumptions.

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GUILDENSTERN : We act on scraps of information... sifting half-remembered directions that we can hardly separate from instinct.

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PLAYER: Life is a gamble, at terrible odds-if it was a bet you wouldn't take it.