Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘ruling’

Selected Outtakes from Judge Engoron’s Trump Crime Family Ruling

Posted by Warm Southern Breeze on Monday, February 19, 2024

Fact: Most folks will not even bother to read the ruling (available from the official site here: https://ag.ny.gov/sites/default/files/decisions/trump-decision.pdf), much less download it from any site, anywhere, and will simply swallow — hook, line, and sinker — whatever the talking heads they watch/listen to tell them, and whatever their favorite blathering pundits and prognosticators write on their websites, right, center, or left.

They do themselves, and the nation, a disservice to be so blithely insincere, and casually cavalier.

So here, for your pablum-puking pleasure, are selected outtakes, copied & pasted, of the most egregiously stunning highlights from Judge Engoron’s ruling in:

PEOPLE OF THE STATE OF NEW YORK,
Plaintiff,
vs.
DONALD J. TRUMP, DONALD TRUMP JR., ERIC TRUMP, ALLEN WEISSELBERG, JEFFREY MCCONNEY, THE DONALD J. TRUMP REVOCABLE TRUST, THE TRUMP ORGANIZATION, INC., TRUMP ORGANIZATION LLC, DJT HOLDINGS LLC, DJT HOLDINGS MANAGING MEMBER, TRUMP ENDEAVOR 12 LLC, 401 NORTH WABASH VENTURE LLC, TRUMP OLD POST OFFICE LLC, 40 WALL STREET LLC, SEVEN SPRINGS LLC,
Defendants.

Trump Organization’s History of Corporate Malfeasance

“The frauds found here leap off the page and shock the conscience.”

“…this Court is mindful that this action is not the first time the Trump Organization or its related entities has been found to have engaged in corpora malfeasance.”

“…the more evidence there is of defendants’ ongoing propensity to engage in fraud, the more need there is for the Court to impose stricter injunctive relief. This is not defendants’ first rodeo.”

“Defendants’ refusal to admit error—indeed, to continue it, according to the Independent Monitor—constrains this Court to conclude that they will engage in it going forward unless judicially restrained.”

“…the Trump Organization does not have the ability to operate with a functional financial reporting structure that would protect against fraud in the future. The fact that there are virtually no internal controls in place at the Trump Organization, “creates an atmosphere conducive to fraud.”

“…the Trump Organization has refused to prepare SFCs, even though various loan covenants obligate them to do so, ever since the monitor was appointed, leads the Court to conclude that the Trump Organization cannot, or will not, prepare an accurate SFC that is GAAP compliant and that values assets at their estimated current values. That the Trump Organization has taken to manufacturing its own version of its assets, one that fails to include any valuations, is a telling admission that it simply cannot, or will not, prepare an SFC without committing fraud.”

“…Donald Trump testified that, even today, he does not believe the Trump Organization needed to make any changes based on the facts that came out during this trial.”

“… “To err is human, to forgive is divine.” Defendants apparently are of a different mind. After some four years of investigation and litigation, the only error (“inadvertent,” of course) that they acknowledge is the tripling of the size of the Trump Tower Penthouse, which cannot be gainsaid.”

“…defendants are incapable of admitting the error of their ways.”

“Their complete lack of contrition and remorse borders on pathological.”

“In August 2013, OAG sued Donald Trump, the Trump Organization, and affiliated entities doing business as “Trump University” for fraud in the marketing and operation of Read the rest of this entry »

Posted in - Business... None of yours, - Did they REALLY say that?, - Read 'em and weep: The Daily News, WTF | Tagged: , , , , , , , , | Leave a Comment »

WV Charter School Company Robs Kids of Education, Puts Taxpayer$ Money in CEO’s Wallet

Posted by Warm Southern Breeze on Sunday, January 9, 2022

In an entry entitled “Denis Smith Warns West Virginians About Charter Schools” published today (Sunday, January 9, 2022, 9:00AM), in the introductory portion of that entry, Research Professor of Education and historian Dr. Diane Ravitch, PhD, wrote that,

“Denis Smith was a teacher and an administrator in West Virginia. He moved to Ohio where he worked in the State Education Department. His last position before retiring was in the office of charter schools (misleadingly called “community schools” in Ohio, even when they operate for profit).”

Dr. Diane Ravitch, PhD

Dr. Ravitch also wrote that “the link works but doesn’t permit me to copy any print.”

She was referring to a guest Opinion-Editorial authored by Denis Smith which was published January 3, 2022 in the Charleston Gazette-Mail, which is WV’s largest newspaper, about a recent state judicial ruling, that attempts by K12 Inc., a Wall $treet-traded, private, for-profit charter school management company, to create a publicly-unaccountable school district inside a school district that only they could control, was illegal under state law. He further opined about the miasmatic mess that the state’s legislators had created with their charter school law.

Nationally, there is an almost overwhelming abundance of complaints from coast-to-coast about the total costs and losses, not all of which are monetary, that have come directly from the charter school “movement,” which is, at its core, a private profiteering effort funded by public tax dollars, regardless whether the charter school is for-profit, or not-for-profit. No more, no less. It is, in essence, an unaccountable system which owes fealty to corporate owners, not to the taxpayers who fund them. For additional information, see:
https://NetworkForPublicEducation.org/chartered-for-profit/

As a courtesy to her, to her readers, and to others, the Op-Ed to which she referred is Read the rest of this entry »

Posted in - Business... None of yours, - Did they REALLY say that?, - Lost In Space: TOTALLY Discombobulated, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , | Leave a Comment »