TRUMP INDICTED

BudmanTX

BudmanTX

Well-Known Member
and the hits keep coming as it were......this on the bond he put up.......OOPS

Documents related to Donald Trump's $175 million bond were "returned for correction" after his lawyers reportedly forgot to attach a financial statement.

The New York County Supreme Court's electronic filing system showed Wednesday that Trump's "bond/undertaking" had been "returned for correction." Another reporting system listed the document as "rejected."

New York litigator Jeffrey K. Levine shed some light on why the court had rejected the filing. He shared a New York County Supreme Court document explaining the need for re-filing.

"The court has returned the documents listed below for the following reasons: Please include a current financial statement and Power of Attorney," the instructions said. "Additionally, please list the name of the Attorney-in-Fact under the signature line on the Undertaking. Please use the 'Refile Document' link for Doc. No. 1707 to resubmit the corrected filing. Thank you and have a great day."

Initially, the court set the bond at $464 million following a fraud trial. However, Trump's lawyers argued that this amount was too high because Trump did not have enough cash. They said Trump would have to sell his properties to pay this amount.

A court later agreed to lower the bond to $175 million. Trump secured this bond through Knight Specialty Insurance Company. The company is part of the Hankey Group. Don Hankey, the chairman of the Hankey Group, said he supports Trump.

The bond was needed for an appeal after a judge found Trump and his co-defendants guilty of fraud. If they lose the appeal, they must pay the full $464 million.

www.rawstory.com

'Rejected': Trump bond filing 'returned for correction' over botched lawyering

Documents related to Donald Trump's $175 million bond were "returned for correction" after his lawyers reportedly forgot to attach a financial statement. The New York County Supreme Court's electronic filing system showed Wednesday that Trump's "bond/undertaking" had been "returned for...
www.rawstory.com www.rawstory.com

so did he mean to do it, or is this just another delay tactic???? hmmmm

the "thank you and have a great day" part :lol:
 
Fogdog

Fogdog

Well-Known Member
printer said:
Click to expand...
This article seems to be sympathetic to Judge Cannon but is also highlighting stress inside her court after she was assigned the Mar a Lago documents case. It went from “My clerkship with Judge Cannon was an invaluable learning experience,” to "[G]enerally, she treats clerks (and the entire chambers staff) very poorly and tends to get angry to the point of screaming at them and talking to them in condescending ways. I know her courtroom deputy quit less than two years into the job.4

https://davidlat.substack.com/p/clerking-for-judge-aileen-cannon-why-clerks-quit

So now the Cannon chambers is fully staffed. But it’s premature to declare that everything is hunky-dory. Note these facts, against the backdrop of Judge Cannon having one of the most high-profile, politically charged, complex cases in the country:
  • Three out of her four clerks have been with Judge Cannon for six months or less.
  • Only one of the current clerks, the clerk who started in August 2023, is there according to plan.
  • None of these clerks was in chambers in June 2023, when the Trump documents case arrived, i.e., they’ve all had to play catchup.
All the unexpected departures and arrivals of the past six months have surely contributed to the backlog and delays in the case. I also wonder whether all four clerks have the security clearances they need to work on the Trump case. All in all, it’s not a great situation.

My own take on the chaos that seems to be going on in her courtroom is -- this is what happens when people try to justify bad policy. Cannon has no legal leg to stand on. The documents case is open and shut. What Cannon is doing is stalling while she endlessly searches for a legal precedent or ruling or point of law that saves Trump's ass. She has her clerks working 100 hour work weeks chasing chimeras. I'd quit too. I've pulled hours like that. They are soul crushing. Meanwhile, Judge Cannon is gone most of that time, after all, she has a life outside of work.
 
Fogdog

Fogdog

Well-Known Member
The tale is told about the Russian connection to Trump World Media


A Russian-American (Anton Pastonikov, nephew of a former high ranking Russian government official who now runs a Russian maritime company) who among other things owns a bank located on an island in the Caribbean floated a loan of $8 M to keep them afloat because the merger with a SPACC was delayed. Hijinks ensue, money is made by two friends of Anton who recently pled guilty to insider trading in the SPAC, making tens of millions of dollars. Anton also made a similar amount but has not (yet) been charged. hmm, I wonder if Anton's "friends" are being pressured to provide information on Anton in exchange for lighter sentences? Time will tell.

Anyway, the tawdry story is laid out in the link attached. This thing reeks of Russian corruption.
 
Last edited:
printer

printer

Well-Known Member
"Oh my poor defenseless judge."

Trump says special counsel should be sanctioned for ‘attacking’ judge in documents case
Former President Trump again lashed out at special counsel Jack Smith, accusing the prosecutor of “attacking” the judge overseeing his documents case.

Trump posted on social media after Smith urged U.S. District Court Judge Aileen Cannon to reject arguments from Trump asserting that the more than 300 highly classified documents found at his Mar-a-Lago estate in Florida could be considered personal records under the Presidential Records Act (PRA).

“Deranged ‘Special’ Counsel Jack Smith, who has a long record of failure as a prosecutor, including a unanimous decision against him in the U.S. Supreme Court, should be sanctioned or censured for the way he is attacking a highly respected Judge, Aileen Cannon, who is presiding over his FAKE Documents Hoax case in Florida,” Trump wrote Thursday morning on Truth Social.

Smith’s response to Cannon was unusually direct in urging the judge to reverse course on asking both sides to propose jury instructions that would advise potential jurors on how to weigh the arguments.

It was a surprising course of action that baffled legal experts.

Cannon has yet to weigh a motion from Trump seeking to dismiss the case on the same grounds, letting the matter sit for some six weeks.

And in entertaining it further, Cannon has given greater consideration to an argument that many judges would have outright rejected.

Smith’s team said Trump’s case was based on a “fundamentally flawed legal premise” and also urged her to take up his motion to dismiss the case and “promptly decide” the matter.

“Based on the current record, the PRA should not play any role at trial at all,” the special counsel wrote.

“It would be pure fiction to suggest that highly classified documents created by members of the intelligence community and military and presented to the President of the United States during his term in office were ‘purely private,’” prosecutors added later.
thehill.com/regulation/court-battles/4574092-trump-says-special-counsel-should-be-sanctioned-for-attacking-judge-in-documents-case/
 
printer

printer

Well-Known Member
I have had dozens of companies that were not as financial secure as this one." And a bunch of other crap.
Trump touts ‘very solid’ Truth Social after parent company reports $58M loss
Former President Trump argued Thursday that Truth Social is “very solid,” after the platform’s parent company reported a $58 million loss last year and saw its shares plunge more than 20 percent this week.

“All of the competitors to TRUTH SOCIAL, especially those in the Radical Left Democrats Party who are failing at every level, like to use their vaunted ‘disinformation machine’ to try and convince people, and it is not easy to do, that TRUTH is not such a big deal and doesn’t ‘get the word out’ as well as various others, which they know to be false,” Trump said in a post on the website.

Truth Social’s parent company, Trump Media & Technology Group, went public last week, after finalizing its merger with the blank check company Digital World Acquisition Corp. (DWAC) after more than two years of delays.

Trump Media had a strong stock market debut, with shares rising above $79 on its first day of trading and settling around $62 by the end of the week.

However, the company’s share price plummeted Monday, after it reported a $58 million loss for 2023. By market close Monday, Trump Media’s stock had fallen 21.4 percent to a price of $48.66 per share. As of Thursday morning, its shares were hovering around $47.

Trump claimed Thursday morning that Truth Social had more than $200 million in cash and “ZERO DEBT.” Financial information on the company’s first quarter performance is not yet available.

Trump Media received an influx of $300 million from its merger with the DWAC. According to its regulatory filings, the company generated about $4.1 million in revenue last year and spent roughly $16 million on operating expenses and $39.4 million on interest expenses.

“More importantly, it is the primary way I get the word out and, for better or worse, people want to hear what I have to say, perhaps, according to experts, more than anyone else in the World,” Trump said.

The Truth Social parent company said in Monday’s filings that it “expects to continue to incur operating losses and negative cash flows from operating activities for the foreseeable future, as it works to expand its user base, attracting more platform partners and advertisers.”

It also noted that “it is premature for [Trump Media] to predict when it will attain profitability and positive cash flows from its operations.”

Given the company’s weak fundamentals, many financial experts have categorized Trump Media as a “meme stock,” with enthusiasm for the former president driving the stock price higher than would otherwise be expected.

Trump owns roughly 58 percent of Trump Media, which was worth about $3.6 billion based on the company’s stock price Thursday morning.

However, the former president argued that Truth Social is “very good for a startup” and is “growing fast.”

“Look, using TRUTH, I became the Republican Nominee for President of the United States, and in record time! When I ENDORSE a politician on TRUTH, they almost ALWAYS WIN. If it didn’t work, or properly get the word out, I wouldn’t use it – But it does work, and work really well – And the fun is just getting started!!!” he said.
thehill.com

Trump touts ‘very solid’ Truth Social after parent company reports $58M loss

Former President Trump argued Thursday that Truth Social is “very solid,” after the platform’s parent company reported a $58 million loss last year and saw its shares plunge more than 20 percent th…
thehill.com thehill.com
 
Fogdog

Fogdog

Well-Known Member
printer said:
I have had dozens of companies that were not as financial secure as this one." And a bunch of other crap.
Trump touts ‘very solid’ Truth Social after parent company reports $58M loss
Former President Trump argued Thursday that Truth Social is “very solid,” after the platform’s parent company reported a $58 million loss last year and saw its shares plunge more than 20 percent this week.

“All of the competitors to TRUTH SOCIAL, especially those in the Radical Left Democrats Party who are failing at every level, like to use their vaunted ‘disinformation machine’ to try and convince people, and it is not easy to do, that TRUTH is not such a big deal and doesn’t ‘get the word out’ as well as various others, which they know to be false,” Trump said in a post on the website.

Truth Social’s parent company, Trump Media & Technology Group, went public last week, after finalizing its merger with the blank check company Digital World Acquisition Corp. (DWAC) after more than two years of delays.

Trump Media had a strong stock market debut, with shares rising above $79 on its first day of trading and settling around $62 by the end of the week.

However, the company’s share price plummeted Monday, after it reported a $58 million loss for 2023. By market close Monday, Trump Media’s stock had fallen 21.4 percent to a price of $48.66 per share. As of Thursday morning, its shares were hovering around $47.

Trump claimed Thursday morning that Truth Social had more than $200 million in cash and “ZERO DEBT.” Financial information on the company’s first quarter performance is not yet available.

Trump Media received an influx of $300 million from its merger with the DWAC. According to its regulatory filings, the company generated about $4.1 million in revenue last year and spent roughly $16 million on operating expenses and $39.4 million on interest expenses.

“More importantly, it is the primary way I get the word out and, for better or worse, people want to hear what I have to say, perhaps, according to experts, more than anyone else in the World,” Trump said.

The Truth Social parent company said in Monday’s filings that it “expects to continue to incur operating losses and negative cash flows from operating activities for the foreseeable future, as it works to expand its user base, attracting more platform partners and advertisers.”

It also noted that “it is premature for [Trump Media] to predict when it will attain profitability and positive cash flows from its operations.”

Given the company’s weak fundamentals, many financial experts have categorized Trump Media as a “meme stock,” with enthusiasm for the former president driving the stock price higher than would otherwise be expected.

Trump owns roughly 58 percent of Trump Media, which was worth about $3.6 billion based on the company’s stock price Thursday morning.

However, the former president argued that Truth Social is “very good for a startup” and is “growing fast.”

“Look, using TRUTH, I became the Republican Nominee for President of the United States, and in record time! When I ENDORSE a politician on TRUTH, they almost ALWAYS WIN. If it didn’t work, or properly get the word out, I wouldn’t use it – But it does work, and work really well – And the fun is just getting started!!!” he said.
thehill.com

Trump touts ‘very solid’ Truth Social after parent company reports $58M loss

Former President Trump argued Thursday that Truth Social is “very solid,” after the platform’s parent company reported a $58 million loss last year and saw its shares plunge more than 20 percent th…
thehill.com thehill.com
Click to expand...
Truth Social is “very good for a startup” and is “growing fast.”

Says the man who has filed for six bankruptcies. The paper value of his holdings in TS lost one billion dollars in one day.
 
BudmanTX

BudmanTX

Well-Known Member
Fogdog said:
The tale is told about the Russian connection to Trump World Media


A Russian-American (Anton Pastonikov, nephew of a former high ranking Russian government official who now runs a Russian maritime company) who among other things owns a bank located on an island in the Caribbean floated a loan of $8 M to keep them afloat because the merger with a SPACC was delayed. Hijinks ensue, money is made by two friends of Anton who recently pled guilty to insider trading in the SPAC, making tens of millions of dollars. Anton also made a similar amount but has not (yet) been charged. hmm, I wonder if Anton's "friends" are being pressured to provide information on Anton in exchange for lighter sentences? Time will tell.

Anyway, the tawdry story is laid out in the link attached. This thing reeks of Russian corruption.
Click to expand...
yeah no shady shit going on there huh.....
 
BudmanTX

BudmanTX

Well-Known Member
printer said:
"Oh my poor defenseless judge."

Trump says special counsel should be sanctioned for ‘attacking’ judge in documents case
Former President Trump again lashed out at special counsel Jack Smith, accusing the prosecutor of “attacking” the judge overseeing his documents case.

Trump posted on social media after Smith urged U.S. District Court Judge Aileen Cannon to reject arguments from Trump asserting that the more than 300 highly classified documents found at his Mar-a-Lago estate in Florida could be considered personal records under the Presidential Records Act (PRA).

“Deranged ‘Special’ Counsel Jack Smith, who has a long record of failure as a prosecutor, including a unanimous decision against him in the U.S. Supreme Court, should be sanctioned or censured for the way he is attacking a highly respected Judge, Aileen Cannon, who is presiding over his FAKE Documents Hoax case in Florida,” Trump wrote Thursday morning on Truth Social.

Smith’s response to Cannon was unusually direct in urging the judge to reverse course on asking both sides to propose jury instructions that would advise potential jurors on how to weigh the arguments.

It was a surprising course of action that baffled legal experts.

Cannon has yet to weigh a motion from Trump seeking to dismiss the case on the same grounds, letting the matter sit for some six weeks.

And in entertaining it further, Cannon has given greater consideration to an argument that many judges would have outright rejected.

Smith’s team said Trump’s case was based on a “fundamentally flawed legal premise” and also urged her to take up his motion to dismiss the case and “promptly decide” the matter.

“Based on the current record, the PRA should not play any role at trial at all,” the special counsel wrote.

“It would be pure fiction to suggest that highly classified documents created by members of the intelligence community and military and presented to the President of the United States during his term in office were ‘purely private,’” prosecutors added later.
thehill.com/regulation/court-battles/4574092-trump-says-special-counsel-should-be-sanctioned-for-attacking-judge-in-documents-case/
Click to expand...
meanwhile the orange dumbo attack all the other judges and DA's but not her..........:confused: she's the nice one.....
 
BudmanTX

BudmanTX

Well-Known Member
Fogdog

Fogdog

Well-Known Member
Judge Cannon got a bee in her bonnet, it seems:

www.nbcnews.com

Judge denies Trump bid to dismiss classified documents case using Presidential Records Act

The ruling by U.S. District Judge Aileen Cannon leaves open the possibility that the defense argument could be used later.
www.nbcnews.com www.nbcnews.com

She ruled the case is not dismissed under the Presidential Records Act "on a pretrial basis", presumably leaving the door open for the defense to use that argument once the trial begins.

"For these reasons, accepting the allegations of the Superseding Indictment as true, the Presidential Records Act does not provide a pre-trial basis to dismiss," the judge wrote, raising the possibility the defense argument could be used later.

Smith managed to light a fire under her seat. Has Cannon EVER made a ruling days after receiving a request to do so by federal prosecutors?

She's calling Smith's bet. Telling him, in effect, go ahead and take your shot. Nothing in this case has moved in a straight line, so we can't expect Smith to simply take her reply to the 11th Circuit Appellate Court, but that seems to me to be where this is heading.

Cannon disputed that her order soliciting preliminary draft instructions was anything but "a genuine attempt, in the context of the upcoming trial, to better understand the parties’ competing positions and the questions to be submitted to the jury in this complex case."

Maybe she thinks making a mistake qualifies as a "genuine attempt" and therefore her mistakes should be forgiven. But I don't think I would try using that excuse after getting into an automobile accident.

In any event, Smith anticipated Cannon's weasel words. He said it as clear as day:

“Trump’s entire effort to rely on the PRA is not based on any facts,” prosecutors said. “It is a post hoc justification that was concocted more than a year after he left the White House, and his invocation in this Court of the PRA is not grounded in any decision he actually made during his presidency to designate as personal any of the records charged.”

What more is there to "better understand"?
 
C

CCGNZ

Well-Known Member
printer said:
"Oh my poor defenseless judge."

Trump says special counsel should be sanctioned for ‘attacking’ judge in documents case
Former President Trump again lashed out at special counsel Jack Smith, accusing the prosecutor of “attacking” the judge overseeing his documents case.

Trump posted on social media after Smith urged U.S. District Court Judge Aileen Cannon to reject arguments from Trump asserting that the more than 300 highly classified documents found at his Mar-a-Lago estate in Florida could be considered personal records under the Presidential Records Act (PRA).

“Deranged ‘Special’ Counsel Jack Smith, who has a long record of failure as a prosecutor, including a unanimous decision against him in the U.S. Supreme Court, should be sanctioned or censured for the way he is attacking a highly respected Judge, Aileen Cannon, who is presiding over his FAKE Documents Hoax case in Florida,” Trump wrote Thursday morning on Truth Social.

Smith’s response to Cannon was unusually direct in urging the judge to reverse course on asking both sides to propose jury instructions that would advise potential jurors on how to weigh the arguments.

It was a surprising course of action that baffled legal experts.

Cannon has yet to weigh a motion from Trump seeking to dismiss the case on the same grounds, letting the matter sit for some six weeks.

And in entertaining it further, Cannon has given greater consideration to an argument that many judges would have outright rejected.

Smith’s team said Trump’s case was based on a “fundamentally flawed legal premise” and also urged her to take up his motion to dismiss the case and “promptly decide” the matter.

“Based on the current record, the PRA should not play any role at trial at all,” the special counsel wrote.

“It would be pure fiction to suggest that highly classified documents created by members of the intelligence community and military and presented to the President of the United States during his term in office were ‘purely private,’” prosecutors added later.
thehill.com/regulation/court-battles/4574092-trump-says-special-counsel-should-be-sanctioned-for-attacking-judge-in-documents-case/
Click to expand...
Cannon's favoritism is BLATANT, and concerning Trumps ignoring "gag" orders in NY,JAIL HIS ASS,I'm sick of him running his mouth w/no regard for the justice system,his holier than thou above it all mockery is grating,his threats and insults disparaging family of judges has to be met w/action,cuff him up.
 
printer

printer

Well-Known Member
Billionaire says Trump Media a ‘scam,’ calls investors ‘dopes’
Truth Social parent company Trump Media is a “scam,” billionaire investor Barry Diller told CNBC in an interview Thursday.

“It’s a scam, just like everything he’s ever been involved in is some sort of con,” Diller said on CNBC’s “Squawk Box,” referring to former President Donald Trump and Trump Media & Technology Group.

Diller also said the people investing in the company following its strong stock market debut are “dopes.”

“I mean, who would buy a company that literally. … I mean, I think, what does it have, $30 of revenue?” Diller said. “Why would you put … how could you put a value on it?”

“They’re buying it for other reasons, just like they bought theaters when there was no theater business or they bought GameStop, or whatever. That’s stupid — it’s stupid stuff,” Diller continued, referring to when Reddit users bought and held onto scores of shares in companies like GameStop and AMC during the height of the COVID-19 pandemic.

Following its first week of trading, Trump Media & Technology Group closed at $62 per share, despite losing $58 million last year, according to regulatory filings.

Trump claimed his platform was “very solid” Thursday in a social media post, despite the company’s reported losses in 2023.

“All of the competitors to TRUTH SOCIAL, especially those in the Radical Left Democrats Party who are failing at every level, like to use their vaunted ‘disinformation machine’ to try and convince people, and it is not easy to do, that TRUTH is not such a big deal and doesn’t ‘get the word out’ as well as various others, which they know to be false,” Trump said in a Truth Social post.

The former president also said that Truth Social had more than $200 million in cash and “ZERO DEBT.”

In an emailed statement to The Hill, Trump Media & Technology Group said that “t is unsurprising to see die-hard Trump haters and leftwing flacks blow a gasket now that Truth Social has become a public company that, still today, refuses to suppress political expression that contradicts the narratives they want to enforce.”
thehill.com

Billionaire says Trump Media a ‘scam,’ calls investors ‘dopes’

Truth Social parent company Trump Media is a “scam,” billionaire investor Barry Diller told CNBC in an interview Thursday. “It’s a scam, just like everything he’s ever been involved in …
thehill.com thehill.com
 
printer

printer

Well-Known Member
Trump fraud trial bond drawn into question by New York AG
The $175 million bond in former President Trump’s civil fraud trial is at risk after the New York attorney general’s office questioned the qualifications of the California-based company that posted it.

State lawyers wrote in a brief court notice Thursday that they take “exception to the sufficiency of the surety,” secured from Knight Specialty Insurance Company.

The notice requires Trump or the insurance company to demonstrate that the company is financially capable of paying the bond amount if Trump loses on appeal and that the bond is appropriately collateralized.

“Defendants or (Knight) shall file a motion to justify the surety within ten days of the service of this notice, failing which the Bond shall be without effect, except that the surety shall remain liable on the Bond until a new undertaking is given and allowed,” state lawyers wrote in the filings.

Judge Arthur Engoron, who oversaw the fraud trial, ruled earlier this year that Trump, his business and top executives conspired to alter Trump’s net worth for tax and insurance benefits. He ordered them to pay $464 million, plus interest, in addition to several other penalties.

Trump was ordered to post a $175 million bond in the case after he told a New York appeals court that it would be “impossible” to secure a bond in the full amount of Engoron’s judgment, namely because sureties refused to accept his real estate as collateral.

The bond, from the Knight Specialty Insurance Company, automatically bars New York Attorney General Letitia James (D) from collecting the multimillion-dollar judgment against Trump and pauses other penalties.

Engoron scheduled a hearing for April 22 to discuss the matter — which is expected to be one week into Trump’s criminal trial in Manhattan.

The New York attorney general’s office separately asked Engoron on Thursday to direct the independent monitor he appointed to oversee the Trump Organization’s business dealings — one of the penalties he imposed — to investigate whether the defense “withheld relevant and responsive information” during the trial.

The issue came to state lawyers’ attention after ex-Trump Organization chief financial officer Allen Weisselberg pleaded guilty last month to perjury charges linked to the fraud trial.

As part of his plea deal, Weisselberg conceded that he lied during depositions ahead of the trial and during his trial testimony.

Cited in evidence for the deal was an email exchange between Weisselberg and a Trump Organization employee where the correct size of the former president’s Trump Tower triplex — a key piece of evidence at trial — was confirmed to the ex-CFO. State lawyer Kevin Wallace purported that exchange was never turned over by the defense.

Wallace asked the judge to task the monitor with determining whether the defense had the exchange in its possession, whether it was turned over to the state during discovery, and if it was not, why. He asked the judge to give the monitor two weeks to investigate.
thehill.com/regulation/court-battles/4575447-trump-fraud-trial-bond-questioned-ny-ag/
 
Fogdog

Fogdog

Well-Known Member
For anybody who wants to hear from both sides regarding Judge Cannon's ruling, here they are:

The view that Judge Cannon is out of line and Jack Smith has to take action that will lead to appealing to the 11th circuit court to remove Cannon from the case,


The view that the Presidential Records act, in effect gives Trump the right to have those documents and Cannon was right to rule that it can't be decided pretrial:

 
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