> Weisselberg was sentenced in a separate case relating to tax evasion by the Trump Organization earlier this year.
His “ally” is already a convicted crook
Trump can’t stop a subpoena.
Maybe this has a lot to do with his “I don’t recall”, “I can’t remember who told me that”…replies in court yesterday 🤔
NDAs are not enforceable when ‘government officials might have the right to know certain confidential information. Sharing such information with an authority if required by law, does not amount to a breach of confidentiality.’ So, if the purpose of the NDA is at least in part to conceal a crime, not going to fly. Thank U, Next…
What a nothing story. Congrats, He signed an NDA in exchange for his severance package. Wow how scandalous.
NDAs are a VERY common business tactic and a source of contention in certain industries like IT/Software Development (Try finding a new job if you can’t reference or use the software you helped develop).
I love that these legal pundits somehow think the subpoena exception wording means anything at all – it’s nothing more than a CYA clause. These legal analysts… when all you have is a hammer, everything looks like a nail.
Weisselberg was paid for his silence – both previously and going forward. The NDA was a boiler plate. He didn’t turn on Trump, so he got his payout: the timing of the agreement is proof positive.
Now, he’s expected to keep his yap shut and make sure the finger is pointed squarely *away* from Trump in his testimonies in front of the court, which is exactly what he’s been doing in the NY civil case.
It’s a standard corporate NDA, he still has to testify and comply with the legal process.
“Except for acts or testimony directly compelled by subpoena or other lawful process issued by a court of competent jurisdiction, he will not: (1) communicate with, provide information to, or otherwise cooperate in any way with any person or entity, including his counsel or other agents, having or claiming to have any adverse claims against the company.”
Oh, a standard NDA. So this was barely worth reading then. Great!
These click bait headlines got us all going “for which crime?”
It’s sad to see how far Newsweek has fallen. I used to read the magazine religiously every week. Now they just post clickbait stories that amount to “some guy said something about something else.”
That isn’t that much money.
First off, I gotta say “not atypical” is a double negative. I learned not to use those in elementary school.
The timing of this “severance package” just makes Trump look even more guilty. I can’t believe the guy settled for 2.4 million. I would have held out for a lot more and then double crossed him.
Not that I know anything worth paying money to keep quiet, at least to my knowledge, but I want to make very clear that I will happily promise my silence for the low, low price of $2.39 million. Or just pay off my student loans (which, really, basically the same thing).
My takeaway: Allan Weisselberg is a cheap date.
Yep. Because nothing says innocence like colleagues and friends offering to keep their mouth shut for a fee…
What happens when the grifter gets grifted?
“Peekaboo” James?? WTF, that is racist as fuck!! (very close to an incredibly derogatory term).
I cannot wait for this man to go to prison.
>”Looking at the value of that apartment relative to his net worth is not material. It’s about 1 percent,” Weisselberg testified. “Looking at the statement of financial condition, there were much larger items on there that I was more concerned about.”
This is just the worst take, given that ‘1 percent’ is millions of dollars of fraud. But let’s assume he’s trying to make a good faith argument (ha), and put it in normal people’s terms.
Let’s say some random 80 year old who grew up with property before housing booms now has 1 million in net worth with their house and savings. 1% of that is $10,000. Telling banks that a $10,000 car is actually worth $30,000 to scam insurance and loan rates would be insanely criminal.
Multiplying that into millions does not make it better. Especially given that Trump did this numerous times for many properties over decades.
Sorry, be cynical, but none of these people will spend a day in jail.
Hush money
I feel like “ally” manages to undersell the significance here. Allen Weisselberg isn’t just an ally – he’s been the CFO of the Trump org for over 20 years.
Should this not be tampering ?
Wait a second… he had a 2.4m severance and agreed to an NDA and Non-disparagement agreement. That’s not unusual, but also shouldn’t stop him from testifying as those clauses have long been held to be invalid, especially in criminal cases. Which this is.
Duh
That’s 0.8 Paxtons if you’re checking the exchange rate.
While none of that is surprising it does allow him to testify.
Don’t hold your breath
Donald Trump inserted the condition demanding that Weisselberg remain silent into the $2.4 million package. Don’t blame Weisselberg for the corrupt deal.
30 comments
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> Weisselberg was sentenced in a separate case relating to tax evasion by the Trump Organization earlier this year.
His “ally” is already a convicted crook
Trump can’t stop a subpoena.
Maybe this has a lot to do with his “I don’t recall”, “I can’t remember who told me that”…replies in court yesterday 🤔
NDAs are not enforceable when ‘government officials might have the right to know certain confidential information. Sharing such information with an authority if required by law, does not amount to a breach of confidentiality.’ So, if the purpose of the NDA is at least in part to conceal a crime, not going to fly. Thank U, Next…
What a nothing story. Congrats, He signed an NDA in exchange for his severance package. Wow how scandalous.
NDAs are a VERY common business tactic and a source of contention in certain industries like IT/Software Development (Try finding a new job if you can’t reference or use the software you helped develop).
I love that these legal pundits somehow think the subpoena exception wording means anything at all – it’s nothing more than a CYA clause. These legal analysts… when all you have is a hammer, everything looks like a nail.
Weisselberg was paid for his silence – both previously and going forward. The NDA was a boiler plate. He didn’t turn on Trump, so he got his payout: the timing of the agreement is proof positive.
Now, he’s expected to keep his yap shut and make sure the finger is pointed squarely *away* from Trump in his testimonies in front of the court, which is exactly what he’s been doing in the NY civil case.
It’s a standard corporate NDA, he still has to testify and comply with the legal process.
“Except for acts or testimony directly compelled by subpoena or other lawful process issued by a court of competent jurisdiction, he will not: (1) communicate with, provide information to, or otherwise cooperate in any way with any person or entity, including his counsel or other agents, having or claiming to have any adverse claims against the company.”
Oh, a standard NDA. So this was barely worth reading then. Great!
These click bait headlines got us all going “for which crime?”
It’s sad to see how far Newsweek has fallen. I used to read the magazine religiously every week. Now they just post clickbait stories that amount to “some guy said something about something else.”
That isn’t that much money.
First off, I gotta say “not atypical” is a double negative. I learned not to use those in elementary school.
The timing of this “severance package” just makes Trump look even more guilty. I can’t believe the guy settled for 2.4 million. I would have held out for a lot more and then double crossed him.
Not that I know anything worth paying money to keep quiet, at least to my knowledge, but I want to make very clear that I will happily promise my silence for the low, low price of $2.39 million. Or just pay off my student loans (which, really, basically the same thing).
My takeaway: Allan Weisselberg is a cheap date.
Yep. Because nothing says innocence like colleagues and friends offering to keep their mouth shut for a fee…
What happens when the grifter gets grifted?
“Peekaboo” James?? WTF, that is racist as fuck!! (very close to an incredibly derogatory term).
I cannot wait for this man to go to prison.
>”Looking at the value of that apartment relative to his net worth is not material. It’s about 1 percent,” Weisselberg testified. “Looking at the statement of financial condition, there were much larger items on there that I was more concerned about.”
This is just the worst take, given that ‘1 percent’ is millions of dollars of fraud. But let’s assume he’s trying to make a good faith argument (ha), and put it in normal people’s terms.
Let’s say some random 80 year old who grew up with property before housing booms now has 1 million in net worth with their house and savings. 1% of that is $10,000. Telling banks that a $10,000 car is actually worth $30,000 to scam insurance and loan rates would be insanely criminal.
Multiplying that into millions does not make it better. Especially given that Trump did this numerous times for many properties over decades.
Sorry, be cynical, but none of these people will spend a day in jail.
Hush money
I feel like “ally” manages to undersell the significance here. Allen Weisselberg isn’t just an ally – he’s been the CFO of the Trump org for over 20 years.
Should this not be tampering ?
Wait a second… he had a 2.4m severance and agreed to an NDA and Non-disparagement agreement. That’s not unusual, but also shouldn’t stop him from testifying as those clauses have long been held to be invalid, especially in criminal cases. Which this is.
Duh
That’s 0.8 Paxtons if you’re checking the exchange rate.
While none of that is surprising it does allow him to testify.
Don’t hold your breath
Donald Trump inserted the condition demanding that Weisselberg remain silent into the $2.4 million package. Don’t blame Weisselberg for the corrupt deal.
Trump Ally accepted bribe. There. Fixed it.