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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJudge Gives Trump Organization's Babysitter 'Enhanced' Control
https://www.thedailybeast.com/judge-gives-trump-organizations-babysitter-enhanced-controlNo paywall link
https://archive.li/ChMTO
The Trump Organization will now be under even more control of a former federal judge who has been monitoring Donald Trumps eponymous family company, following a court order on Thursday that punishes the former president for committing bank fraud.
Barbara S. Jones, who has been babysitting the real estate company for more than a year, was granted enhanced powers by New York Supreme Court Justice Arthur F. Engoronthe same judge who ordered Trump to pay $464 million for lying about his wealth for years.
While the company previously had to notify Jones anytime it shifted more than $5 million or engaged in business deals, she now has the right to essentially do whatever she deems necessary to keep the Trump Organization from engaging in dirty business practices.
At a recent three-month bank fraud trial, Justice Engoron determined that Trump had faked personal financial statements by vastly inflating the value of his buildings and assetsenriching the company by giving it access to loans and insurance policies on false pretenses.
Jones, a former federal judge whos now a lawyer in private practice, now has the authority to review the entire companys day-to-day operations, internal records and financial accounting. She can also hire any outside contractors she wants to keep the company honestand put it on Trumps dime.
Engorons new order called it a productive and enhanced monitorship.
*the end*
underpants
(182,966 posts)Think. Again.
(8,587 posts)...I wonder if the work can look backward to see what is going on with the bond issue.
For instance,
Did he really apply to 30 companies?
Who were these 30 companies?
What reasons did they give for their refusals?
Why didn't he start selling assets in time to have the needed funds by the deadline?
And of course, DOES HE ACTUALLY HAVE ASSETS TO COVER THE JUDGEMENT? (because his inability to get a bond says he doesn't).
Etc.
Irish_Dem
(47,566 posts)republianmushroom
(13,780 posts)to quote the famous line from "Good Will Hunting"" -- "Hey, you like apples? how do you like them apples?"
twodogsbarking
(9,860 posts)Bo Zarts
(25,405 posts)My wife and I still use the term to this day!
DoBW
(652 posts)bedazzled
(1,771 posts)Love that movie!
orangecrush
(19,655 posts)littlemissmartypants
(22,840 posts)Fiendish Thingy
(15,690 posts)Next week looks like it will be fun.
ProudProgressiveNow
(6,129 posts)flying_wahini
(6,679 posts)Im not on TS to check but he seems to have kept his mouth zipped.
twodogsbarking
(9,860 posts)et tu
(931 posts)a good growing season! lol
twodogsbarking
(9,860 posts)et tu
(931 posts)Rob H.
(5,353 posts)control has been newly-enhanced is a woman, because you just know that any woman having any power over him--much less now having even more power than she did before--enrages Tangerine Palpatine. He's probably clenching his tiny fists in rage even as I type this.
TSExile
(2,504 posts)The ketchup is flying!!
calimary
(81,554 posts)Sheesh, Rob H., Mongo IMPRESSED!!! Hugely and Mightily!
Rob H.
(5,353 posts)That's one that I saw on Facebook and it made me laugh so it stuck in my brain. I usually call Trump the tiny-handed tangerine man-baby, but that one's a little unwieldy.
Martin68
(22,930 posts)louis-t
(23,309 posts)Need to keep a tight rein.
Blue Owl
(50,535 posts)Think. Again.
(8,587 posts)Think. Again.
(8,587 posts)...do we know that the Monitor is trustworthy?