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EmirOfShmo

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Everything posted by EmirOfShmo

  1. It's not just the EJC verdict. It's the expected fraud verdict that could be $370m+ that's going to bust him. He's looking at $500m+/- he has to post up to appeal both verdicts. Cash.
  2. Gonna put this here...also relates to EJ Carroll verdict Trump 'caught in a trap of his own making' and running for president made it worse: report ... Trump’s sudden cash demands are exacerbated by a quirk in New York law," wrote political investigations reporter Jose Pagliery. "Not only would the judgment get automatically inflated by an unusually high interest rate of 9 percent, but Trump would need to give the court the enlarged total — plus an extra 10 to 20 percent — in order to appeal and have another day in court. And it would all be due by mid-March. The self-proclaimed billionaire real estate tycoon is about to be caught in a trap of his own making," Pagliery added, "forced to front a massive amount of cash and possibly liquidate assets — while potentially unable to access the money, because the court order could limit his ability to tap his Monopoly board of properties." Trump is facing difficulties in finding a surety company or bank to keep him afloat through the appeals process, due in large part to the credibility problems that landed him in court in the first place, and because he's facing the possibility of spending the rest of his life in prison if he's not re-elected as president – either of which would put him out of reach from the creditors he needs to loan him the money. https://www.rawstory.com/donald-trump-penalty-2667190543/
  3. Trump's 'calculated risk' backfires after appeals court uses his allies' words against him The Washington, D.C. Circuit Court of Appeals used Donald Trump's own words against him when they wrote pieces of the ruling in the presidential immunity case. But they also used the words of allies in the Senate and others. Trump claimed that all presidents have absolute immunity against any prosecution for anything they did while in office on the grounds that every former president would face prosecution for presidential misdeeds the minute they left office. https://www.rawstory.com/senate-republicans-trump-impeachment-footnotes/
  4. I'll see your cocaine sharks and raise you cocaine hippos... Pablo Escobar's 'cocaine hippos' are wreaking havoc and attacking people: report The descendants of hippopotamuses that were kept in a private zoo by now-deceased Colombian drug lord Pablo Escobar are creating havoc and attacking people, Vice News reported. The "cocaine hippos" have reportedly invaded a school yard and have terrorized local fishing communities and sent people to the hospital after attacking them. The problem has persisted even after the Colombian government pledged millions of dollars to round up the nearly 170 hippos, who, according to Vice, "have become one of the largest invasive species in the world." https://www.rawstory.com/cocaine-hippos-2667172139/
  5. Trump's Truth Social deal is being investigated by 'elite money-laundering team': report A federal investigation into the financing behind Donald Trump's foray into social media has grown to involve the FBI, the SEC, a division of the Department of Homeland Security and what is being described as "one of the government’s most elite anti-money-laundering teams" according to a new federal filing According to a deep dive by the Washington Post's Drew Harwell, there is no indication that the former president and his Trump Media have been accused of wrongdoing in the case involving the troubled Truth Social thus far, but there are questions over his involvement in "a business arrangement that federal agents now allege was undermined from its inception by financial fraud." https://www.rawstory.com/trump-truth-social-financing/
  6. Right on. I got more conservative with my IRA when I retired 6 years ago and have tweaked stock vs bond %s along the way. Always on my FAs advice. Up double digit % last year.
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