>“I know nothing about GAAP — I leave it to my accountants,” Trump Jr. said.
Jr. claimed to understand GAAP in his deposition but then, under oath, claimed to have no knowledge of the subject.
Good, it’s the right thing to do.
Lovely article. Trumps are freaking out. They can’t move assets around, and no one wants to loan them money right now.
“Former federal prosecutor Kristy Greenberg told MSNBC that the Trumps’ “M.O.” appears to be to “just point the finger at somebody else, whether it’s the CFO, whether it’s the accountant, whether it’s the lawyer, anybody that doesn’t have the last name Trump.” But Trump Jr. ultimately “signed these statements of financial condition and said that they were accurate.”
“You can’t have it both ways,” she added. “If he was on ‘The Apprentice’ right now, you’d be fired.””
> “Don Jr. is shown a loan document from Deutsche Bank Trust Company Americas dated March 13, 2017. He signed the document as ‘attorney in fact’ for his father,” Klasfeld posted to X. Among the things the document attested to was, “The foregoing presents fairly in all material respects the financial condition of Guarantor at the period presented.”
> …
> **Faced with his signature on the document, Trump Jr. simply said, “I’m sure I’ve signed dozens of these in my time as trustee.”**
> Who is going to loan money to these people? They’re going to go out of business.
If they’re going to go out of business why aren’t existing loans being called? Waiting to assess the damage?
If you willingly attest to a document’s accuracy by signing it, and it turns out to be inaccurate, you can’t “I don’t recall” your way out of liability for it.
You should be falling over yourself to present evidence of your due diligence, not repeatedly stressing that your only involvement was putting ink to paper at the end.
They’ll be suing Wharton next for failing to educate him.
>Former federal prosecutor Kristy Greenberg told MSNBC that the Trumps’ “M.O.” appears to be to “just point the finger at somebody else, whether it’s the CFO, whether it’s the accountant, whether it’s the lawyer, anybody that doesn’t have the last name Trump.” But Trump Jr. ultimately “signed these statements of financial condition and said that they were accurate.”
>“You can’t have it both ways,” she added. “If he was on ‘The Apprentice’ right now, you’d be fired.”
If I sign my taxes, I’m responsible even if my accountant did them, right?
Trump Senior always hires the best people.
Meanwhile Kimberly Guilfoyle heaves her augmented breasts at the camera, waves her hands in the air, and bellows out in her predictably coked out tone, THE BEST…IS YET…TO COME!!!
“Do you swear to tell the truth, the whole…”
“I’VE BEEN SET UP! What kind of MORON would tell the truth after all the illegal shit we’ve done!?”
“…Could you please repeat that closer to the microphone? Thank you.”
If a person is in the “Real Estate” business, if he is the main trustee of a multi billion (according to him) business, if he has a business degree in economics from Wharton, has a slew of attorneys and CPA’s at his disposal, and he claims he had no idea about the valuations used in the preparation of the financial statements which this very same person submitted to lending institutions, and those statements, according to the Judge, are fraudulent, and those financial statements are in direct contradiction to the valuations used to obtain reduced real estate taxes, then said person is either a complete nincompoop, aka a blithering idiot, or said person is a lieing POS.
I will reserve my opinion until all the evidence is submitted but i am tending toward the latter:-)!
If this was a set up, Coke Jr. walked into that very willingly. His lawyers did not brief him on the questions? Even I knew what questions were coming. You almost get the feeling everyone involved on the Trump side is grossly incompetent.
i love it if it’s what you say. especially…
This makes me happy 😃
They’re all so stupid.
This entire family is proof that rich people are not smarter than poor people. They are parasites on society and need to be humbled in the most public and humiliating way.
Don’t know if any of the US media are running live updates for the trial, but UK outlet The Guardian has today’s proceedings here:
I’d love to see the lot of them jailed for perjury.
If the trump’s aren’t accountable then no heads of companies are responsible for anything, only their underlings.
You mean a family full of fucking-idiots don’t have the brain power to work their way out of their own mess(es)?
Sweet
Legal Experts: NY AG did his job. Don Jr. idiot. Traffic and weather next, news at 11.
Oh dear sweet little baby jesus let this man go to jail.
Set up = “I was forced to purger himself.”
When yer raised on lies it’s so tough to be honest. Poor guy.
My hot take is that there is no “setting up” of anyone in criminal proceedings. If you are truly innocent, you have testimony and evidence that proves it. If you testify truthfully and it hurts you, its because youre guilty.
Don Jr did that all on his own.
Maybe he shouldn’t have committed crime.
Tl;dr
Don Jr should have plead the Fifth when asked if he knew the financial statements were overvalued, but instead opened himself up to legal jeopardy by stating that he knew nothing about valuations, despite having signed the statements to guarantee their accuracy.
Good they need to lose everything. They stole from the US and the people of the US during his presidency and has been defrauding people for decades now
This also shows exactly why Trump was so desperate not to have them testify. They are all plagued with sheer stupidly and ignorance and were bound to set themselves up
“Set up” sounds like a conspiracy. More like, offered Jr the opportunity to expose himself.
32 comments
Lock him up !
>“I know nothing about GAAP — I leave it to my accountants,” Trump Jr. said.
Jr. claimed to understand GAAP in his deposition but then, under oath, claimed to have no knowledge of the subject.
Good, it’s the right thing to do.
Lovely article. Trumps are freaking out. They can’t move assets around, and no one wants to loan them money right now.
“Former federal prosecutor Kristy Greenberg told MSNBC that the Trumps’ “M.O.” appears to be to “just point the finger at somebody else, whether it’s the CFO, whether it’s the accountant, whether it’s the lawyer, anybody that doesn’t have the last name Trump.” But Trump Jr. ultimately “signed these statements of financial condition and said that they were accurate.”
“You can’t have it both ways,” she added. “If he was on ‘The Apprentice’ right now, you’d be fired.””
From: https://www.rawstory.com/don-trump-jr-fraud/
> “Don Jr. is shown a loan document from Deutsche Bank Trust Company Americas dated March 13, 2017. He signed the document as ‘attorney in fact’ for his father,” Klasfeld posted to X. Among the things the document attested to was, “The foregoing presents fairly in all material respects the financial condition of Guarantor at the period presented.”
> …
> **Faced with his signature on the document, Trump Jr. simply said, “I’m sure I’ve signed dozens of these in my time as trustee.”**
> Who is going to loan money to these people? They’re going to go out of business.
If they’re going to go out of business why aren’t existing loans being called? Waiting to assess the damage?
If you willingly attest to a document’s accuracy by signing it, and it turns out to be inaccurate, you can’t “I don’t recall” your way out of liability for it.
You should be falling over yourself to present evidence of your due diligence, not repeatedly stressing that your only involvement was putting ink to paper at the end.
They’ll be suing Wharton next for failing to educate him.
>Former federal prosecutor Kristy Greenberg told MSNBC that the Trumps’ “M.O.” appears to be to “just point the finger at somebody else, whether it’s the CFO, whether it’s the accountant, whether it’s the lawyer, anybody that doesn’t have the last name Trump.” But Trump Jr. ultimately “signed these statements of financial condition and said that they were accurate.”
>“You can’t have it both ways,” she added. “If he was on ‘The Apprentice’ right now, you’d be fired.”
If I sign my taxes, I’m responsible even if my accountant did them, right?
Trump Senior always hires the best people.
Meanwhile Kimberly Guilfoyle heaves her augmented breasts at the camera, waves her hands in the air, and bellows out in her predictably coked out tone, THE BEST…IS YET…TO COME!!!
“Do you swear to tell the truth, the whole…”
“I’VE BEEN SET UP! What kind of MORON would tell the truth after all the illegal shit we’ve done!?”
“…Could you please repeat that closer to the microphone? Thank you.”
If a person is in the “Real Estate” business, if he is the main trustee of a multi billion (according to him) business, if he has a business degree in economics from Wharton, has a slew of attorneys and CPA’s at his disposal, and he claims he had no idea about the valuations used in the preparation of the financial statements which this very same person submitted to lending institutions, and those statements, according to the Judge, are fraudulent, and those financial statements are in direct contradiction to the valuations used to obtain reduced real estate taxes, then said person is either a complete nincompoop, aka a blithering idiot, or said person is a lieing POS.
I will reserve my opinion until all the evidence is submitted but i am tending toward the latter:-)!
If this was a set up, Coke Jr. walked into that very willingly. His lawyers did not brief him on the questions? Even I knew what questions were coming. You almost get the feeling everyone involved on the Trump side is grossly incompetent.
i love it if it’s what you say. especially…
This makes me happy 😃
They’re all so stupid.
This entire family is proof that rich people are not smarter than poor people. They are parasites on society and need to be humbled in the most public and humiliating way.
Don’t know if any of the US media are running live updates for the trial, but UK outlet The Guardian has today’s proceedings here:
https://www.theguardian.com/us-news/live/2023/nov/02/donald-trump-jr-trial-latest-eric-testimony-fraud-case
I’d love to see the lot of them jailed for perjury.
If the trump’s aren’t accountable then no heads of companies are responsible for anything, only their underlings.
You mean a family full of fucking-idiots don’t have the brain power to work their way out of their own mess(es)?
Sweet
Legal Experts: NY AG did his job. Don Jr. idiot. Traffic and weather next, news at 11.
Oh dear sweet little baby jesus let this man go to jail.
Set up = “I was forced to purger himself.”
When yer raised on lies it’s so tough to be honest. Poor guy.
My hot take is that there is no “setting up” of anyone in criminal proceedings. If you are truly innocent, you have testimony and evidence that proves it. If you testify truthfully and it hurts you, its because youre guilty.
Don Jr did that all on his own.
Maybe he shouldn’t have committed crime.
Tl;dr
Don Jr should have plead the Fifth when asked if he knew the financial statements were overvalued, but instead opened himself up to legal jeopardy by stating that he knew nothing about valuations, despite having signed the statements to guarantee their accuracy.
Good they need to lose everything. They stole from the US and the people of the US during his presidency and has been defrauding people for decades now
This also shows exactly why Trump was so desperate not to have them testify. They are all plagued with sheer stupidly and ignorance and were bound to set themselves up
“Set up” sounds like a conspiracy. More like, offered Jr the opportunity to expose himself.