A story about a pathetic man's downfall [34 Felony Convictions]

[Bama Chick 28596]

This feels very Enrony/Arthur Anderseny.

[TwiceHorn 31041]

44 minutes ago, Horn Dog said:

Holy Crap.   People get paid good money to receive numbers from paid clients, plug them in a report, and spit them right back out without any other work and without taking any responsibility for accuracy??  

(insert the I should of started a corporate accounting firm cat meme)

I think in reality, almost no clients ask for this kind of thing, only a nutbag narcissist like Trump.

[TwiceHorn 31041]

12 minutes ago, Macanudo said:

I don't understand how Mazar's doesn't face some kind of disciplinary action here.   Aren't they supposed to, um, audit those records?

 

2 minutes ago, Bama Chick said:

This feels very Enrony/Arthur Anderseny.

These are presented for "public consumption" by non-public entities (Trump's corporate shell game).  They aren't intended to be relied upon by banks, investors, or the IRS.

I can't think of anyone that would have such a document prepared.  Companies usually have financial statements prepared for three reasons:

a) quarterly/annual reports for public companies regulated by the SEC

b) for lenders 

c) to solicit investment or report to investors in other than a public offering of securities.

And, types of financial statements for the IRS.  And, rather obviously, these cannot be accompanied by such disclaimers or prepared with so little investigation of actual facts or application of Generally Accepted Accounting Principles.

Nobody except teh Donald prepares bullshit, unaudited, no-GAAP financial statements to show an ignorant public how wealthy he is.

If these had been prepared for or shown to those type of entities, Mazars might be looking at some liability, although it's pretty thoroughly disclaimed.  And, I think very few reputable accountancies would permit their names to be attached to such statements, even with disclaimers.

[Beau Vine 53839]

9 minutes ago, TwiceHorn said:

 

These are presented for "public consumption" by non-public entities (Trump's corporate shell game).  They aren't intended to be relied upon by banks, investors, or the IRS.

I can't think of anyone that would have such a document prepared.  Companies usually have financial statements prepared for three reasons:

a) quarterly/annual reports for public companies regulated by the SEC

b) for lenders 

c) to solicit investment or report to investors in other than a public offering of securities.

And, types of financial statements for the IRS.  And, rather obviously, these cannot be accompanied by such disclaimers or prepared with so little investigation of actual facts or application of Generally Accepted Accounting Principles.

Nobody except teh Donald prepares bullshit, unaudited, no-GAAP financial statements to show an ignorant public how wealthy he is.

If these had been prepared for or shown to those type of entities, Mazars might be looking at some liability, although it's pretty thoroughly disclaimed.  And, I think very few reputable accountancies would permit their names to be attached to such statements, even with disclaimers.

It seems pretty obvious that Trump took these financial documents to lenders, but left the Mazar letter at home.

[TexasEd 8058]

5 hours ago, tokamak said:

I guess they picked “Truth” because “Pravda” was already taken?

Back in Soviet Russia the other newspaper was called  Izvestia which means "the news".  With all the fake news/haox yelling it reminded me of what my tour guide told me when I saw the papers on a panel in the park for people to read. There is no truth in Pravda and no news in Izvestia.

 

[TexasEd 8058]

5 hours ago, tokamak said:

I guess they picked “Truth” because “Pravda” was already taken?

Back in Soviet Russia the other newspaper was called  Izvestia which means "the news".  With all the fake news/haox yelling it reminded me of what my tour guide told me when I saw the papers on a panel in the park for people to read. There is no truth in Pravda and no news in Izvestia.

 

[Guest]

5 hours ago, Pato del Muerto said:

175 followers in 5 days?  Pretty impressive. 

World's tiniest hockey stick.

[Pato del Muerto 52227]

Just now, FirstTimeCaller said:

World's tiniest hockey stick.

At least he can hold it

[JimmyJames 12271]

2 hours ago, TwiceHorn said:

Here are some financial statements.  They are a complete load of bullshit, but here they are.

Lol. Excellent summary. 

[Jive Turkey 12545]

14 hours ago, C-Man said:

"No, it's not the exact same. We have a red checkmark."

they're gonna go with the Vanilla Ice defense.  "it's not the same."

 

[shakahorn 1623]

I dunno about the creditors calling the notes.  Reminds me of the old saying 'I owe the bank 10 grand, I can't sleep at night.  I owe the bank 100 grand, my banker can't sleep at night.'  [you can tell how old the saying is by the amounts]

[Francisco 2.0 32290]

1 hour ago, TwiceHorn said:

 

These are presented for "public consumption" by non-public entities (Trump's corporate shell game).  They aren't intended to be relied upon by banks, investors, or the IRS.

I can't think of anyone that would have such a document prepared.  Companies usually have financial statements prepared for three reasons:

 

 

Well, sure.  They are for the public.  But you and I both know that he sure as hell used documentation prepared by this firm in his dealings with whatever lenders he dealt with.  Now, granted, it's on those lenders to take a hard look at what they have done, but you know Trump used these in other ways besides fleecing the public.

I remember back in either late 2015 or early 16 he was pretty insistent on releasing financial statements, because in his words (paraphrasing) those were more reliable way to verify wealth than a tax form.  After what Mazars did this week, we all know why he was willing to give out statements, but backtracked on the taxes.

 

[TwiceHorn 31041]

3 minutes ago, Francisco 2.0 said:

 

Well, sure.  They are for the public.  But you and I both know that he sure as hell used documentation prepared by this firm in his dealings with whatever lenders he dealt with.  Now, granted, it's on those lenders to take a hard look at what they have done, but you know Trump used these in other ways besides fleecing the public.

I remember back in either late 2015 or early 16 he was pretty insistent on releasing financial statements, because in his words (paraphrasing) those were more reliable way to verify wealth than a tax form.  After what Mazars did this week, we all know why he was willing to give out statements, but backtracked on the taxes.

 

I didn't mean to imply that this in any way absolves Trump of lying to investors, creditors or the IRS with the apparently able assistance of Mazars.

Hopefully, none of the above would rely on such statements containing such disclaimers, anyway.  But the mere fact that Mazars would whore itself in this fashion seems to make it pretty likely that they were complicit in some fraud.

I bet the people over in France are shitting themselves.

[TwiceHorn 31041]

10 minutes ago, shakahorn said:

I dunno about the creditors calling the notes.  Reminds me of the old saying 'I owe the bank 10 grand, I can't sleep at night.  I owe the bank 100 grand, my banker can't sleep at night.'  [you can tell how old the saying is by the amounts]

Yeah, this is the truth.

I doubt any of his lenders are anxious to foreclose on overvalued properties.

[Francisco 2.0 32290]

4 minutes ago, TwiceHorn said:

I didn't mean to imply that this in any way absolves Trump of lying to investors, creditors or the IRS with the apparently able assistance of Mazars.

Hopefully, none of the above would rely on such statements containing such disclaimers, anyway.  But the mere fact that Mazars would whore itself in this fashion seems to make it pretty likely that they were complicit in some fraud.

I bet the people over in France are shitting themselves.

 

If you have the time, you should read the article I posted yesterday in this thread written back in May 2020 about Trump and Mazars.  

 

[DalTxHornFan 3074]

1 hour ago, TwiceHorn said:

 

These are presented for "public consumption" by non-public entities (Trump's corporate shell game).  They aren't intended to be relied upon by banks, investors, or the IRS.

I can't think of anyone that would have such a document prepared.  Companies usually have financial statements prepared for three reasons:

a) quarterly/annual reports for public companies regulated by the SEC

b) for lenders 

c) to solicit investment or report to investors in other than a public offering of securities.

And, types of financial statements for the IRS.  And, rather obviously, these cannot be accompanied by such disclaimers or prepared with so little investigation of actual facts or application of Generally Accepted Accounting Principles.

Nobody except teh Donald prepares bullshit, unaudited, no-GAAP financial statements to show an ignorant public how wealthy he is.

If these had been prepared for or shown to those type of entities, Mazars might be looking at some liability, although it's pretty thoroughly disclaimed.  And, I think very few reputable accountancies would permit their names to be attached to such statements, even with disclaimers.

You guys can wring your hands all that you want, but the language Mazars utilized is standard for compilations.  They didn't just invent it for that one particular client.

[TwiceHorn 31041]

7 minutes ago, Francisco 2.0 said:

 

If you have the time, you should read the article I posted yesterday in this thread written back in May 2020 about Trump and Mazars.  

 

I skimmed it and had read it before.  I think at some point, Mazars culture, which I assume is of a legitimate accounting firm and therefore mostly honest, would overtake the shitsplat fraud shops they acquired to expand into NY and the US.  Maybe not.

[shakahorn 1623]

5 minutes ago, DalTxHornFan said:

You guys can wring your hands all that you want, but the language Mazars utilized is standard for compilations.  They didn't just invent it for that one particular client.

Everything up until "We did become aware of departures from accounting principles generally accepted in the United States of America that are described in the following paragraphs." is boilerplate.  

Everything after that, while using some boilerplate language, is specific to Trump.

[TwiceHorn 31041]

10 minutes ago, DalTxHornFan said:

You guys can wring your hands all that you want, but the language Mazars utilized is standard for compilations.  They didn't just invent it for that one particular client.

I can't say I'm any kind of financial genius, but have spent a good deal of time looking at various financial statements over the years, for investment purposes (mostly audited) and legal purposes (damages and whatnot), including from some pretty sketchy businesses.  I've seen lots of "pro formas," but have never seen nor heard of a "compilation" like this.

ETA I see that it is a sort of defined term in accounting, though.

Edited February 16, 2022 by TwiceHorn

[shakahorn 1623]

2 minutes ago, TwiceHorn said:

I can't say I'm any kind of financial genius, but have spent a good deal of time looking at various financial statements over the years.  I've seen lots of "pro formas," but have never seen nor heard of a "compilation" like this.

I'm neither a financial genius nor a business titan, but the three types of financials I'm familiar with are compiled, reviewed, and audited.  Although I've never heard, firsthand of anyone paying for compiled financials.  I was always under the impression that compiled financials are useless when applying for a loan.

[TwiceHorn 31041]

7 minutes ago, shakahorn said:

I'm neither a financial genius nor a business titan, but the three types of financials I'm familiar with are compiled, reviewed, and audited.  Although I've never heard, firsthand of anyone paying for compiled financials.  I was always under the impression that compiled financials are useless when applying for a loan.

Yeah, given that you can't rely on them to any degree, it makes you wonder why anyone would pay to have them prepared.

[Beau Vine 53839]

17 minutes ago, shakahorn said:

I was always under the impression that compiled financials are useless when applying for a loan.

Well yeah, unless you lie to the banker and tell them that they're audited.

[Francisco 2.0 32290]

The grifting knows no bounds.

https://www.thefocus.news/tech/does-truth-social-cost-money/

 

Quote

Truth Social doesn’t currently appear on the Apple Store or Google Play Store, although former US president Donald Trump appears to be active on a beta version of the app (see below).

Ahead of its launch, those tempted to join the Truth Social app would do well to know username reservation seems to cost money in the form of a donation, although joining the wait-list is free.

 

Quote

People have been receiving texts inviting them to join Truth Social. One Twitter user described the experience in the following terms: “It was as welcome as an invitation for a root canal without Novocain.”

The text you receive contains a link to a page inviting people to sign up for Trump’s social media platform. For those who didn’t receive a text, here’s the link.

It’s a short form with the words “Response requested” at the top. The first question asks: “Would You Join Trump’s Social Media?” with every word capitalised.

 

Quote

You’re then required to enter your first and last names, an email address and a mobile phone number. 

The mobile number is required, although the accompanying text includes the sentence “if you would prefer to donate online without providing your phone number, click here” (with a link to a similar webpage asking for donations).

The question is: why redirect people to a donation page as an alternative to providing a phone number? The answer appears to be a donation is required to join the Truth Social app.

 

Quote

After submitting a valid name, email address and phone number, the webpage redirects you to the National Republican Senatorial Committee’s (NRSC’s) WinRed page to reserve your username. 

Daily Dot has screenshots of the process here. Donald Trump has been active on a beta version of the app – see below:

 

Spoiler

Truth Social allows users to join the app waiting list for free – but it doesn’t let you reserve a username. To do that, you have to make a donation to the NRSC. 

The exact figure you need to pay to gain access to the app isn’t clear, although Daily Dot’s reporting suggests it is $35. In addition, users in question-and-answer board Quora have been questioning whether joining Truth Social is “worth the $35 price tag”.

However, The Daily Dot also appears to have managed to reserve a username for as little as $1.

ABC News reported in October 2021 that Truth Social “could provide the former president with a substantial infusion of cash”. 

It is the first product of Trump’s new company, Trump Media & Technology Group (TMTG). In January, The Guardian reported TMTG agreed in October 2021 to merge with Digital World Acquisition Corp “at a valuation of $875 million”. 

If Truth Social does cost money to sign up when it finally launches this month, it would be one of a small number of social media apps to do so. Most are free to join and make their money from advertisers.

Having reserved a user name for Truth Social, Daily Dot tech writer Claire Goforth claims the webpage redirected her to the NRSC’s fundraising page.

She writes: “There begins a series of questions and offers. The questions were standard fare about whether you support Trump or plan to join Truth Social. After 13 questions and offers, each (of) which directed back to NRSC’s WinRed page, the questions dead-ended on a page asking for donations for 41 Republican senators.”

 

 

[Longhorn_Fan68 33779]

Quote

the questions dead-ended on a page asking for donations for 41 Republican senators.

anyone want to hazard a guess as to the 9 blacklisted R sentators?

[Pato del Muerto 52227]

So, anyone want to take a stab at an over/under number on how long the app operates and collects users before they flip it into a monthly subscription model?  I bet their privacy policy is a hoot to read, as well. 

[henrygandorf 29169]

19 hours ago, Sawbonz said:

 

ok i am just catching up on this thread, and really can't get past this section.  i love it when he plays his hits.  so let's break it down.

Quote

The accounting firm Mazars has been threatened, harassed, and insulted

-everyone is coming after me and those who do work for me

-every accusation is a confession, as he loves to threaten, harass, and insult others

Quote

like virtually no other firm has ever been

-exaggeration, hyperbole, etc

Quote

They were essentially forced to resign from a great long-term account

-according to trump, they were involved in a decades-long audit, but because it's associated with trump, it is obviously great

Quote

by the prosecutorial misconduct

-anyone coming after him (or doing their job) is obviously crooked and not playing by the rules (accusation, confession)

Quote

of a highly political

-everyone is political except him, he's just an honest, hard working businessman

Quote

but failed, gubernatorial candidate

-if you've ever lost an election, you're a failure, and that's the lowest on the trump rating scale, and therefore this person cannot be trusted

Quote

and the Hillary Clinton run District Attorney's Office of Manhattan

-hillary clinton name-check, everybody drink

-lock her up

-hillary controls the da's office in manhattan because she must because why else would anyone come after trump?

Quote

where crime has reached levels not even thought possible

-it's always about crime (scare tactics)

-again, the hyperbole.  there can't just be crime, it has to go beyond to "levels not even thought possible"

-i've seen batman movies, lots of crime levels have been contemplated

Quote

including the vicious killing of a thirty-five year old woman

-most killings are probably vicious, but ok

-super relevant to an accounting firm

Quote

in her Chinatown apartment

-china is bad

Quote

by a man who should never have been allowed to be on the streets.

-those dems love to release criminals out onto the streets where they will undoubtedly commit more vicious crimes shortly

Quote

Murder and other crimes in Manhattan and New York have gone through the roof

-murder is bad, other crimes are also bad, and there's only crime in big cities run by dems

-"through the roof" is vague but i'll allow it

Quote

some crimes by as much as 100%

-i don't even need him to show his work because 100 is such a nice round number so i'm good here, no hyperbole

Quote

as the Democrat run DA and AG

-democrats are bad and if they're in office, they cannot be trusted to do their jobs honestly, this one is easy

Quote

spends historic amounts of time, energy, and money

-it's always about wasting the taxpayers time and money - witch hunts are so exhausting, and should not be allowed to happen

Quote

 trying to "get Trump"

-it's always about him

-"get trump" in quotes suggests an actual quote, but attributable to nobody in particular

Quote

Lawyers from Hillary Clinton's law firm, Paul, Weiss, Rifkind, Wharton & Garrison

-hillary clinton, drink

Quote

have temporarily left the firm and gone to work in the District Attorney's office in order to viciously make sure that "the job gets done".

-these attorneys are so devoted to getting trump that they have left their cushy jobs to assist the political loser da

-viciously, seems like a weird characteristic of this situation, but ok

-i'm starting to think he doesn't understand how quotation marks work

Quote

The actions of the AG and DA, including the Radical Left Westchester County DA

-if someone is against him, they are not only left, but radical left

Quote

who was a Trump hating

-they would only go after him if they hated him already, clearly

Quote

contibutor at MSNBC

-media is the enemy of the people

Quote

reveal the vile and malicious intent

-he only knows about 8 adjectives and he's already used 4, so the rant must be almost over

Quote

that underlies the nonstop barrage of insults and threats

-insults, threats, accusations, confessions

Quote

aimed at me and the Trump Organization

-everybody is out to get me, which means they hate me, which means they are not credible

Quote

including their years-long review of over nine million pages of documents

-things takes time when there's significant stalling and pushback and obfuscation

Quote

that go far beyond the Statute of Limitations

-so wait, are you following the rules, or did they wait too long to find the infractions?  because those are two different things

Quote

Letitia James got elected by violently attacking

-if she got elected, she must've been doing something bad

Quote

"Donald J Trump"

-referring to himself in the 3rd person

-quotation marks, sigh

Quote

even though she knew nothing about me

[JFKFC 4875]

https://www.cnn.com/2022/02/16/politics/trump-mark-finchem-arizona-secetary-state-kfile/index.html

[Longhorn_Fan68 33779]

1 minute ago, JFKFC said:

https://www.cnn.com/2022/02/16/politics/trump-mark-finchem-arizona-secetary-state-kfile/index.html

the same vaccine Trump 'invented' and wants credit for? jfc these people

[henrygandorf 29169]

is it normal for former presidents to weigh in on local elections?

wonder if something else might be going on.

[Biff Tannen 45432]

37 minutes ago, henrygandorf said:

-if you've ever lost an election, you're a failure, and that's the lowest on the trump rating scale, and therefore this person cannot be trusted

And yet it doesn't apply to him.  Except in the back of his brain, you know he knows.

[Longhorn_Fan68 33779]

15 minutes ago, henrygandorf said:

is it normal for former presidents to weigh in on local elections?

wonder if something else might be going on.

is anything normal about that former president?

[lemonlime 5503]

 

[Guest Lobo]

44 minutes ago, henrygandorf said:

is it normal for former presidents to weigh in on local elections?

wonder if something else might be going on.

Wasn't there a "West Wing" episode where Bartlett wanted to chime in some local race in New Hampshire with some backwards ass guy he once went up against back in his coming-up era?   

I'd say you know a former President, who thinks he's still President, is becoming even more grossly unhinged when he starts chiming on not just state races, but local races.  But it's just Wednesday in America.  

[henrygandorf 29169]

3 minutes ago, Lobo said:

Wasn't there a "West Wing" episode where Bartlett wanted to chime in some local race in New Hampshire with some backwards ass guy he once went up against back in his coming-up era?   

I'd say you know a former President, who thinks he's still President, is becoming even more grossly unhinged when he starts chiming on not just state races, but local races.  But it's just Wednesday in America.  

yes, somebody he ran against back in nh was running for school board something or other and bartlet knew what the polling looked like (even though nobody was doing polling on that race - he had it conducted himself).  he definitely wanted to get involved but was urged not to.

funny how often times in that show the people around him had to convince him not to get involved with things at the risk of "turning it into a story" or "giving it more oxygen".  trump interjects on everything for the exact opposite reasons.  he thinks those are good things.

still waiting to see a win/loss tally for candidates he's endorsed.  he insists it's near perfect but i don't really recall more than a couple wins (that were more likely in spite of him).  

[TwiceHorn 31041]

51 minutes ago, lemonlime said:

 

Whole letter here. https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=D/urnyeIEUE9WwMVQ72_PLUS_4g==

James filed a petition with this court to enforce her subpoenas and compel Trump et al. to produce documents.  That petition was sworn, so most of the allegations are true or believed to be true.  Petition here. https://www.scribd.com/document/553732838/NYAG-v-Trump-Org-Et-Al-Jan18th-Verified-Petition-Compel-to-Comply-with-Subpoenas

Trump et al. answered the petition by failing to admit or deny allegations that only they would have answers to.  And by failing to verify (swear to) their responses.

So, the letter is asking the court to "deem" those allegations admitted, which means they require no further proof in at least that lawsuit context, if not others.  It's not highly controversial stuff, but it would ease proof of any wrongdoing.

It is, however, a demonstration of what a bad-faith litigant Trump et al. is.  As if that is any surprise to anyone.

Fuck that guy.

Edited February 17, 2022 by TwiceHorn

[tx 3 putt 75921]

[AnTiM 1649]

26 minutes ago, TwiceHorn said:

Whole letter here. https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=D/urnyeIEUE9WwMVQ72_PLUS_4g==

James filed a petition with this court to enforce her subpoenas and compel Trump et al. to produce documents.  That petition was sworn, so most of the allegations are true or believed to be true.  Petition here. https://www.scribd.com/document/553732838/NYAG-v-Trump-Org-Et-Al-Jan18th-Verified-Petition-Compel-to-Comply-with-Subpoenas

Trump et al. answered the petition by failing to admit or deny allegations that only they would have answers to.  And by failing to verify (swear to) their responses.

So, the letter is asking the court to "deem" those allegations admitted, which means they require no further proof in at least that lawsuit context, if not others.  It's not highly controversial stuff, but it would ease proof of any wrongdoing.

It is, however, a demonstration of what a bad-faith litigant Trump et al. is.  As if that is any surprise to anyone.

Fuck that guy.

Twist in the wind, you crooked bastard.

[Wax Beer Cup 381]

Meanwhile at the Mar-a-Lago mall today……

[Beau Vine 53839]

 

[Francisco 2.0 32290]

 

 

[henrygandorf 29169]

38 minutes ago, Francisco 2.0 said:

 

 

people around him probably told him his twitter ban was lifted and he can't tell the difference.

[TwiceHorn 31041]

45 minutes ago, Francisco 2.0 said:

 

 

Well, I think on Gab or Parler or whatever it was, there were dozens of fake Trump accounts posting scat and whatnot.

[henrygandorf 29169]

9 minutes ago, TwiceHorn said:

Well, I think on Gab or Parler or whatever it was, there were dozens of fake Trump accounts posting scat and whatnot.

i heard some were rambling like a drunken moron about overthrowing the government and some shit.  you can't trust anybody.

[Chad Fuck 17454]

Well, I think on Gab or Parler or whatever it was, there were dozens of fake Trump accounts posting scat and whatnot.

Egads!!! Who would do such a thing?!?

[tx 3 putt 75921]

1 hour ago, henrygandorf said:

people around him probably told him his twitter ban was lifted and he can't tell the difference.

 

10000% this 

[tx 3 putt 75921]

2 hours ago, Beau Vine said:

 

 

tiffany and baron going to be the only trump kids not in prison 

[tchookem 3899]

 

Anyone know what the story is here? Since there's no such thing as justice, I refuse to believe they're actually sad about something meaningful.

[Bama Chick 28596]

I think that’s footage of when Trump was flying away on Marine One on the morning of Biden’s inauguration.

When he ran like a loser titty baby instead of attending the inauguration.

[pyrohornIII 4783]

On 2/14/2022 at 11:37 PM, DDD Dad said:

Half a million pages. 
 

and Bates was the maker of the machine that created sequentially numbered stamps. 
 

If you were an associate or paralegal prior to 1990 you probably used one of those stamp machines. 
 

I know I did. 

Or a pharmacist any time before computers began keeping the numbers. 

 

You got to think Scotland is pretty interested in this Mazars story.   Or would he have had to have a Scottish CPA firm do all that work?   Or sign off on it.   

Would be so cool to have those courses confiscated.  Didn't most of that money come from Russia?  

 

 

[Underdog 28382]

13 hours ago, Wax Beer Cup said:

Meanwhile at the Mar-a-Lago mall today……

He’s there for the $10 bucks, isn’t he?