basilico:


https://thefederalist.com/2024/02/23/judge-engorons-inflation-of-trumps-ill-gotten-gains-is-a-financial-crime-in-itself/

This is a well explained article relying on Judge Engoron ruling.
Pay close attention to recourse, non recourse and disgorgement explanations.
The article should clear your biases.

Applies to Jessicarabbit too.
Judge Engoron seems likely to have wanted to fine Trump's parents for siring him.

It's unfortunate that you weren't paying attention. Casually name-dropping irrelevant and misleading terms that the article used like recourse, non-recourse, and disgorgement, serve no further purpose than wilful obfuscation. Stop trying to be clever by half. Recourse and non-recourse are types of loans that differ in how the lender can recover the debt from the borrower in case of default. Disgorgement is a legal remedy that requires the wrongdoer to return the profits obtained from illegal or unethical conduct. These terms have NOTHING to do with Judge Engoron's ruling, which was based on the New York Martin Act, a law that prohibits fraud and deception in the offer and sale of securities. Trump's recourse loans were not based on his actual risk, but on his false representations of his wealth and creditworthiness. This is just another cheap and misleading rhetoric from you.

@basilico

JessicaRabbit:


Here's some questions for you to answer, if you aren't intellectually dishonest:

(1) How does the fact that Jean Carroll has written about her experiences and encounters with various men (including Trump), invalidate her accusations against Trump?

(2) Do you think it is right for you to make assumptions about people's personal lives based on a single event?

(3) Have you ever stopped to consider the fact that sexual assault survivors' responses and coping mechanisms are diverse and cannot be generalized?

(4) How does Carroll's decision to wear, or not to wear the dress, invalidate her accusations against Trump?

(5) As a writer and advice columnist, Carroll has covered a wide range of topics beyond sex. You don't think you're grossly oversimplifying her work by saying her "interviews were "always about sex, anal sex, lessons from 'My Dog.'"?

Surely you didn't think I'll let you forget.

basilico:


Yes, this is a first. They want him to forfeit at least one property before the appeal begins. They are charging 25% interest before the process Which has to be deposited within 30 days
In this case with no victims, the end game is to bankrupt a Presidential candidate.

The interest is 9%. Tomorrow you'll start claiming you never lie, I have caught you in a lie korokoro.

basilico:


https://thefederalist.com/2024/02/23/judge-engorons-inflation-of-trumps-ill-gotten-gains-is-a-financial-crime-in-itself/

This is a well explained article relying on Judge Engoron ruling.
Pay close attention to recourse, non recourse and disgorgement explanations.
The article should clear your biases.

Applies to Jessicarabbit too.
Judge Engoron seems likely to have wanted to fine Trump's parents for siring him.

Cry harder, No peace bîtch
Told ya Criminal trump towers will be seized by the government in........ 2019!
😁😁🤭

bemeruca:


Obrigardo is a mad man. That's undeniable fact

Black man hater looking for validation from crooks and criminals. What racist porn are you cooking up, Mr dumbity dumb?

LordReed:


The interest is 9%. Tomorrow you'll start claiming you never lie, I have caught you in a lie korokoro.

You are mathematically challenged. The fine was 360m . 25% of that is 90m approximately making it the 450m figure starting point.
I used rough figures you idiot.

This is a judgement that should never stand. No victims.
The law used to prosecute the case is meant to protect consumers from big institutions, Letitia applied it upside down. The consumers apparently hurt are big banks and insurance companies.
Everything about the case stinks to high heavens

JessicaRabbit:
@basilico



Surely you didn't think I'll let you forget.

I said I'll beat the valuation dog first. Then I'll circle back.Are we in agreement that Letitia used tax assessment to evaluate the value of Trump properties, which is not the same value one would give to banks when requesting for a loan? Yes or no.

JessicaRabbit:


It's unfortunate that you weren't paying attention. Casually name-dropping irrelevant and misleading terms that the article used like recourse, non-recourse, and disgorgement, serve no further purpose than wilful obfuscation. Stop trying to be clever by half. Recourse and non-recourse are types of loans that differ in how the lender can recover the debt from the borrower in case of default. Disgorgement is a legal remedy that requires the wrongdoer to return the profits obtained from illegal or unethical conduct. These terms have NOTHING to do with Judge Engoron's ruling, which was based on the New York Martin Act, a law that prohibits fraud and deception in the offer and sale of securities. Trump's recourse loans were not based on his actual risk, but on his false representations of his wealth and creditworthiness. This is just another cheap and misleading rhetoric from you.

Recourse is well explained in that article.
Non recourse loan would be where your liability stops at the assets offered.
Recourse is where a party can go after other assets if the full amount is not enough to cover the loaned money. The interest charged on a recourse loan is much higher than of a
non recourse loan as I understood

Letitia argued Trump obtained non recourse loans because he overvalued the worth.
The disgorgement is the difference he would have paid had the loans been recourse.

This is wrong because the banks did not issue non recourse loans based on what he said the assets were worth. They did their own assessment an determined that they would grant him non recourse loans based on their own figures.

Going back to Engoron decision the difference between what he would have been offered by banks is actually Zero. Because they used their assessment values and NOT his values.

That's what I got from the article, stop playing clever.

Going ahead Engoron went on to fine him from the profit he made on that DC hotel. He argued the profit made was illegal because it was a non-recourse loan. He also fined his children from their share of that profit.
Disgusting of Engoron.The law is meant to protect the consumer not the lender, which is why this case falls flat. It stems from ulterior motives.
I have not read the judgement, Your biased anti Trump opinion shapers have read it for you.I may have mixed up recourse and non recourse interests , I'm writing in a hurry and I reserve the right to update this post.

basilico:


You are mathematically challenged. The fine was 360m . 25% of that is 90m approximately making it the 450m figure starting point.
I used rough figures you idiot.

This is a judgement that should never stand. No victims.
The law used to prosecute the case is meant to protect consumers from big institutions, Letitia applied it upside down. The consumers apparently hurt are big banks and insurance companies.
Everything about the case stinks to high heavens

You are a dumdum. The interest was charged for YEARS at 9% per annum. You calculating the accrued sum and saying that is the interest rate shows you failed primary school simple interest calculations.

JessicaRabbit:


I'm impressed by your ability to write so much without saying anything at all. Did you forget the "evidence" chapter in your handbook on righteous indignation? The cellphone data showing that Wade visited Willis' home 35 times in 2021, does not prove that they lied about when their affair started or that it affected their professional judgment. It's still within the realm of speculation, as far as legal processes are concerned. You really don't have any idea how this shit works, do you? You also mentioned that they profited from the prosecution, without evidence no less! You just shamelessly speculated that Willis reimbursed Wade in cash for his business expenses, which were allegedly used to fund their personal trips and gifts. However, this is not a solid basis for accusing them of fraud or corruption. Also, you ignore the fact that Wade's fees were approved by the state attorney general's office and that he has submitted detailed invoices and receipts for his work. Let's hold off on the jail sentences for Willis and Wade until we have something more substantial than feelings to go on, shall we?

The couple has already admitted to their affair and have apologized for it, but have denied that it influenced their decision to pursue the case against Trump. That's as far as we know. If you are going to suggest any sort of foul play, then the burden is on you to present the conclusive evidence. For now, your objections have just been a complete and utter waste of time and effort. So you can keep crying about the case until the cows come home, the fact remains that there is no evidence of any improper influence or interference from the federal government or any other party.

There is no law that prevents lovers from working in the same office..There are three issues in the case.
Did Fani and Wade lie under oath a to when their affair begun?
Did Fani choose her lover who has never prosecuted a felony case over the more experienced attorneys , initially paying him a higher rate than the other two?
With regards to cash reimbursements, Is Fani lying because as it is , She and Wade enjoyed the high life with proceeds of the $250 an hour billing that Fani approved.He used his business credit card which makes it a business expense Unless he got refunded and he banked the money , then Wade implicitly cheated on his taxes.
There are other issues wrt coordinating with the DOJ, WH and Jackboot that are not yet under scrutiny.

With Trump its she said , so it's true. With Fani you need evidence of when they started screwing. Video, audio, eye witness of subject A fucking subject B or photos. Maybe you will also demand DNA of the semen collected from her vagina. That's how high you set the bar for her.When it comes to Jean Carroll her word is enough.
When there are 2000 calls exchanged , 12000 text messages, a close friend of Fani saying they were into it back in 2019 and Wade lying about the number of booty calls he made.
You really are something.
People have been charged and jailed for lying to Congress and to FBI.
How about lying under oath? Nothing to see because it's a democrat?

There is a question of whether she fired some Whistleblower who claimed she was diverting funds (494k?) from other budgets to this investigation.
Further Wade's professional rates by other Georgia attorneys should have been $100 -150 an hour. Fani offered the special prosecutors the maximum rate she is allowed.

LordReed:


You are a dumdum. The interest was charged for YEARS at 9% per annum. You calculating the accrued sum and saying that is the interest rate shows you failed primary school simple interest calculations.

450 is 25% higher than 360.
Is that correct, I just computed the figure.
Or you prefer I break down the interest by the hour to arrive at the same.

JessicaRabbit:


I'm impressed by your ability to write so much without saying anything at all. Did you forget the "evidence" chapter in your handbook on righteous indignation? The cellphone data showing that Wade visited Willis' home 35 times in 2021, does not prove that they lied about when their affair started or that it affected their professional judgment. It's still within the realm of speculation, as far as legal processes are concerned. You really don't have any idea how this shit works, do you? You also mentioned that they profited from the prosecution, without evidence no less! You just shamelessly speculated that Willis reimbursed Wade in cash for his business expenses, which were allegedly used to fund their personal trips and gifts. However, this is not a solid basis for accusing them of fraud or corruption. Also, you ignore the fact that Wade's fees were approved by the state attorney general's office and that he has submitted detailed invoices and receipts for his work. Let's hold off on the jail sentences for Willis and Wade until we have something more substantial than feelings to go on, shall we?

The couple has already admitted to their affair and have apologized for it, but have denied that it influenced their decision to pursue the case against Trump. That's as far as we know. If you are going to suggest any sort of foul play, then the burden is on you to present the conclusive evidence. For now, your objections have just been a complete and utter waste of time and effort. So you can keep crying about the case until the cows come home, the fact remains that there is no evidence of any improper influence or interference from the federal government or any other party.

You still haven't gotten your head checked. Sigh.
You are ignorant to say the least.

bemeruca:


You still haven't gotten your head checked. Sigh.
You are ignorant to say the least.

He knows exactly what he means. He just lies and accuses others of the same.
Fani was the sole appointing authority of the special prosecutors, she has a say in how much they bill and she personally approves the invoices.
By inference If she wanted a cruise to Cuba or a pink dress or some expensive wine, Wade would never say there is no money for that.

basilico:


He knows exactly what he means. He just lies and accuses others of the same.
Fani was the sole appointing authority of the special prosecutors, she has a say in how much they bill and she personally approves the invoices.
By inference If she wanted a cruise to Cuba or a pink dress or some expensive wine, Wade would never say there is no money for that.

With all these she can face criminal charges because she has just admitted fraud. She took a lot of money from her campaign she said.

basilico:


450 is 25% higher than 360.
Is that correct, I just computed the figure.
Or you prefer I break down the interest by the hour to arrive at the same.

Dumdum that is not the interest RATE. Nobody calculates the accumulated interest as a fraction of the total and calls it the interest rate except of course a liar like you.

basilico:


I said I'll beat the valuation dog first. Then I'll circle back.Are we in agreement that Letitia used tax assessment to evaluate the value of Trump properties, which is not the same value one would give to banks when requesting for a loan? Yes or no.

This is a loaded question proceeding from a simplistic characterization of Letitia's investigation. She did not use tax assessment to evaluate the value of Trump properties, she used it to compare the value of Trump properties with the value of similar properties in the same area. She did this to show that there was a significant discrepancy between the values that Trump reported to the tax authorities and the values that he reported to the banks. This discrepancy suggests that he either inflated or deflated the value of his properties depending on his interests, which could amount to fraud. You're also ignoring the fact that Letitia did not rely solely on tax assessment, she also used other sources of information, such as appraisals, financial statements, loan documents, and expert opinions to corroborate and cross-check the data and provide a more comprehensive picture of the value of Trump properties.

basilico:

Recourse is well explained in that article.
Non recourse loan would be where your liability stops at the assets offered.
Recourse is where a party can go after other assets if the full amount is not enough to cover the loaned money. The interest charged on a recourse loan is much higher than of a
non recourse loan as I understood

Letitia argued Trump obtained non recourse loans because he overvalued the worth.
The disgorgement is the difference he would have paid had the loans been recourse.

This is wrong because the banks did not issue non recourse loans based on what he said the assets were worth. They did their own assessment an determined that they would grant him non recourse loans based on their own figures.

Going back to Engoron decision the difference between what he would have been offered by banks is actually Zero. Because they used their assessment values and NOT his values.

That's what I got from the article, stop playing clever.

Going ahead Engoron went on to fine him from the profit he made on that DC hotel. He argued the profit made was illegal because it was a non-recourse loan. He also fined his children from their share of that profit.
Disgusting of Engoron.The law is meant to protect the consumer not the lender, which is why this case falls flat. It stems from ulterior motives.
I have not read the judgement, Your biased anti Trump opinion shapers have read it for you.I may have mixed up recourse and non recourse interests , I'm writing in a hurry and I reserve the right to update this post.

When will it seep through to your fragile brain that Engoron based his ruling on the Martin Act, which does not require proof of intent or reliance, only that the defendants made false or misleading statements in connection with the offer or sale of securities? Letitia James sued Trump and his companies under the Martin Act, a law that gives her broad authority to investigate and prosecute securities fraud in New York. Engoron did not fine Trump for the profit he made on the DC hotel. That's just a complete misinterpretation of the case. He ordered him to disgorge the profit he made from the fraud, which was the difference between the amount of money he borrowed and the amount of money he would have been able to borrow if he had told the truth about his assets. The disgorgement order was not based on the type of loan (recourse or non-recourse), but on the amount of money that the defendants obtained by fraud.

The Martin Act is not meant to protect the consumer or the lender, as you falsely claim. It is meant to protect the public and the integrity of the securities market from fraud and deception. It is not a partisan or political tool, but a powerful and effective weapon against white-collar crime, and the case against Trump and his companies was driven by overwhelming evidence and compelling arguments. Of course you have not read the judgment, because you are all too comfortable making up specious suggestions that cater to your own narratives.

basilico:


There is no law that prevents lovers from working in the same office..There are three issues in the case.
Did Fani and Wade lie under oath a to when their affair begun?
Did Fani choose her lover who has never prosecuted a felony case over the more experienced attorneys , initially paying him a higher rate than the other two?
With regards to cash reimbursements, Is Fani lying because as it is , She and Wade enjoyed the high life with proceeds of the $250 an hour billing that Fani approved.He used his business credit card which makes it a business expense Unless he got refunded and he banked the money , then Wade implicitly cheated on his taxes.
There are other issues wrt coordinating with the DOJ, WH and Jackboot that are not yet under scrutiny.

With Trump its she said , so it's true. With Fani you need evidence of when they started screwing. Video, audio, eye witness of subject A fucking subject B or photos. Maybe you will also demand DNA of the semen collected from her vagina. That's how high you set the bar for her.When it comes to Jean Carroll her word is enough.
When there are 2000 calls exchanged , 12000 text messages, a close friend of Fani saying they were into it back in 2019 and Wade lying about the number of booty calls he made.
You really are something.
People have been charged and jailed for lying to Congress and to FBI.
How about lying under oath? Nothing to see because it's a democrat?

There is a question of whether she fired some Whistleblower who claimed she was diverting funds (494k?) from other budgets to this investigation.
Further Wade's professional rates by other Georgia attorneys should have been $100 -150 an hour. Fani offered the special prosecutors the maximum rate she is allowed.

Stop deflecting. You can't dodge a bullet by shooting at others. You think calling Wade and Willis liars, cheaters, or democrats will make Trump look innocent? That's like saying a bank robber is not guilty because the victim was rude, or the security guard was lazy. If it weren't for your selective memory, you would realize that the case against Trump for election interference in Georgia is drastically different from the one against Carroll for defamation in New York, with different standards of proof, given that they are separate legal matters. Yes, Carroll accused Trump of raping her in the 1990s, but she has provided corroborating evidence, such as a dress with his DNA, two witnesses who heard her story at the time, and a photograph of them together. You are just a joke -- and a dry one, no less.

bemeruca:


You still haven't gotten your head checked. Sigh.
You are ignorant to say the least.

I appreciate the free psychoanalysis, but I'm afraid my insurance only covers licensed professionals, not overly sensitive amateurs on the internet.

JessicaRabbit:


Stop deflecting. You can't dodge a bullet by shooting at others. You think calling Wade and Willis liars, cheaters, or democrats will make Trump look innocent? That's like saying a bank robber is not guilty because the victim was rude, or the security guard was lazy. If it weren't for your selective memory, you would realize that the case against Trump for election interference in Georgia is drastically different from the one against Carroll for defamation in New York, with different standards of proof, given that they are separate legal matters. Yes, Carroll accused Trump of raping her in the 1990s, but she has provided corroborating evidence, such as a dress with his DNA, two witnesses who heard her story at the time, and a photograph of them together. You are just a joke -- and a dry one, no less.

There is a dress with his DNA evidence?
It must be the one NASA went to look for up there on the moon's surface.
Two witnesses who couldn't remember the year also.
Photograph? AAh Trump has a Gazillion photos with women. And he had said previously that women can let him grab them by the pussy. Whoa. Such watertight evidence.

With Fani evidence should be foolproof .

What a liar.

basilico:


There is no law that prevents lovers from working in the same office..There are three issues in the case.
Did Fani and Wade lie under oath a to when their affair begun?
Did Fani choose her lover who has never prosecuted a felony case over the more experienced attorneys , initially paying him a higher rate than the other two?
With regards to cash reimbursements, Is Fani lying because as it is , She and Wade enjoyed the high life with proceeds of the $250 an hour billing that Fani approved.He used his business credit card which makes it a business expense Unless he got refunded and he banked the money , then Wade implicitly cheated on his taxes.
There are other issues wrt coordinating with the DOJ, WH and Jackboot that are not yet under scrutiny.

With Trump its she said , so it's true. With Fani you need evidence of when they started screwing. Video, audio, eye witness of subject A fucking subject B or photos. Maybe you will also demand DNA of the semen collected from her vagina. That's how high you set the bar for her.When it comes to Jean Carroll her word is enough.
When there are 2000 calls exchanged , 12000 text messages, a close friend of Fani saying they were into it back in 2019 and Wade lying about the number of booty calls he made.
You really are something.
People have been charged and jailed for lying to Congress and to FBI.
How about lying under oath? Nothing to see because it's a democrat?

There is a question of whether she fired some Whistleblower who claimed she was diverting funds (494k?) from other budgets to this investigation.
Further Wade's professional rates by other Georgia attorneys should have been $100 -150 an hour. Fani offered the special prosecutors the maximum rate she is allowed.

You are exceptionally shallow.

How does that stop her from prosecuting Criminal trump and his goons for trying to steal the election in Georgia and for disenfranchising millions of dark skin voters.

Let's say the Judge removes her from the case, will a different prosecutor not take the reins and March on?

What the fúck are you arguing about? That the case should be dismissed because Fani was fúcking her co-worker?

Are you this stupid, bruhhh?

JessicaRabbit:


I appreciate the free psychoanalysis, but I'm afraid my insurance only covers licensed professionals, not overly sensitive amateurs on the internet.

That goon is just a die hard racist and black man hater.
This is the type of racist trash that gives him an erection Everytime.

JessicaRabbit:


Stop deflecting. You can't dodge a bullet by shooting at others. You think calling Wade and Willis liars, cheaters, or democrats will make Trump look innocent? That's like saying a bank robber is not guilty because the victim was rude, or the security guard was lazy. If it weren't for your selective memory, you would realize that the case against Trump for election interference in Georgia is drastically different from the one against Carroll for defamation in New York, with different standards of proof, given that they are separate legal matters. Yes, Carroll accused Trump of raping her in the 1990s, but she has provided corroborating evidence, such as a dress with his DNA, two witnesses who heard her story at the time, and a photograph of them together. You are just a joke -- and a dry one, no less.

basilico loco is a Joke, a pathetic sorry sad joke at that.

This is the type of person he is.

basilico:

By inference If she wanted a cruise to Cuba or a pink dress or some expensive wine, Wade would never say there is no money for that.

If if if if if if

bemeruca:


With all these she can face criminal charges because she has just admitted fraud. She took a lot of money from her campaign she said.

On the basis of if if if if

///////////////

Guys, when I say maga cultists are the dumbest people on Earth, it is a FACT and not an Insult.

Remember these are the hideous shameless ghouls supporting the destruction of democracy.

They must be met with ridicule from now till Criminal trump and the maga cult is no more.

This is the type of racist trash that gives ben a serious hard-on.
This is what maga cultists like basilico loco cheers on.

Translation - because I'm a Criminal, black people will love me because they are criminals too.

This demented and deranged Criminal needs to be eliminated from this earth.

Criminal trump about to be hit with another Criminal charge.
Nothing is going well for the Insurrectionist Criminal and fraudster.

JessicaRabbit:


I appreciate the free psychoanalysis, but I'm afraid my insurance only covers licensed professionals, not overly sensitive amateurs on the internet.

it's your choice. whichever option you choose, it's your choice. use your insurance and get the help you need

basilico:


There is a dress with his DNA evidence?
It must be the one NASA went to look for up there on the moon's surface.
Two witnesses who couldn't remember the year also.
Photograph? AAh Trump has a Gazillion photos with women. And he had said previously that women can let him grab them by the pussy. Whoa. Such watertight evidence.

With Fani evidence should be foolproof .

What a liar.

i am sure she was just in a photo not like he was taking a photo with her.

Obrigardo:


You are exceptionally shallow.

How does that stop her from prosecuting Criminal trump and his goons for trying to steal the election in Georgia and for disenfranchising millions of dark skin voters.

Let's say the Judge removes her from the case, will a different prosecutor not take the reins and March on?

What the fúck are you arguing about? That the case should be dismissed because Fani was fúcking her co-worker?

Are you this stupid, bruhhh?

You are the idiot. The investigation start afresh. That will be be against finding Trump guilty before elections.
Fani deserves jail. She lied in court filings and also under oath.

bemeruca:


Buda has dementia? Don't be senile, it's too early.

See you urging people who can't defend themselves to fight.

I urge people who are attacked to defend themselves and not be helpless like you are.

Obrigardo:


You are just too stupid for me to respond to. Are you off your black-man hating rampage or do you have a new racist venture you cooking up?

I recently failed to ignore the stupid idiot.

budaatum:


I urge people who are attacked to defend themselves and not be helpless like you are.

I don't see you doing that. You argument is to find out if you are strong enough to beat a bully. I was telling you that if you can fight a bully without getting your ass whoopped you will know before you fight. You will know if you are evenly matched or you are just gonna take a beating.

You support anything that destroys and Palestine is one of them.