Monday, February 14, 2022

Trump Accountants Fire Him

Saying "no longer rely upon those financial statements"

I keep wondering who would really trust Trump's financial statements enough to do business with the organization? They must have been really greedy...  I mean if Trump came to me asking for a loan or investment funding...  Really?

I hope Mazar's had Trump sign a REALLY GOOD limited liability agreement... "We are only Responsible for Filling Out the Forms... You are responsible for the Financial Details / Proof" when the Prosecutors show up"

2 comments:

Anonymous said...

Part of the deal with Trump is that his companies are private. He doesn't have the SEC to account to. It's always been a question as to who finances Trump. Trump has been pretty successful over the years both concealing the details of his business operations, and then claiming that people don't have the information they to support any criticism they might have of his business practices. Supporters might suspect he is a crook, but they believe he is their crook.

The philosophical defense Trump can make is that he doesn't lie because he lacks the intent to deceive. His statements are so outlandish that no reasonable person can believe them. They are ironic as opposed to being untruthful. That's the linguistic magic of calling something "fake new". Fake news isn't a denial of the story, it is just a value judgment that in some way this story shouldn't have been reported. Where his finances are concerned, let's keep in mind that at this stage of his career, Trump isn't robbing widows and orphans. The banks you entrust your money are not entrusting your money to him. Rather he is getting money from shadowy foreign companies who are very capable of finding out and knowing what they are getting into. Trump and his supporters will say that no one relied on the Mazers statements to their detriment, and it will be hard for anyone to argue that they are wrong.

--Hiram

Anonymous said...

By the way, one of the common assumptions out there that I find really extraordinary that people make is that something can't be true if you can't prove that it is true. The percentage of stuff I know to be true that I can proves is incredibly small. What's more to the point, believing in the necessity of proof for truth rewards those who are skillful in not creating evidence of what they do. For the successful white collar criminal, no skill is more essential than an ability to not create evidence of culpability of wrongdoing. Billions of dollars in legal fees and cell phone burners are spent each year to do precisely that.

Has no one watched "The Wire"?

--Hiram