You said yourself that this makes Mazars look really bad. Mazars risked their entire business when they admitted that their work contained fraudulent numbers.
No amount of pressure could have forced them to do that unless they knew that Trump fed them bad data and they could prove it.
You are saying that Mazars risked their entire business with Trump. Trump is a little pebble to them. Mazars has 44,000 employees worldwide and you keep saying Trump, who you say is penniless, will cause Mazars to bring down their entire firm just to protect a penniless con man. Are you really saying that? Because if you are you are not looking good.
Fat Hurts, you are actually saying that a fraud such as Trump can actually bring down a worldwide accounting firm with 44,000 employees?
You are saying that Mazars risked their entire business with Trump. Trump is a little pebble to them. Mazars has 44,000 employees worldwide and you keep saying Trump, who you say is penniless, will cause Mazars to bring down their entire firm just to protect a penniless con man. Are you really saying that? Because if you are you are not looking good.
Fat Hurts, you are actually saying that a fraud such as Trump can actually bring down a worldwide accounting firm with 44,000 employees?
Yes. Look at Arthur Andersen. They were a whole lot bigger than Mazars. It only took one bad client to bring them down.
You are saying that Mazars risked their entire business with Trump. Trump is a little pebble to them. Mazars has 44,000 employees worldwide and you keep saying Trump, who you say is penniless, will cause Mazars to bring down their entire firm just to protect a penniless con man. Are you really saying that? Because if you are you are not looking good.
Fat Hurts, you are actually saying that a fraud such as Trump can actually bring down a worldwide accounting firm with 44,000 employees?
Enron brought down Anderson. Which was an actual top-tier firm. Not a second-tier company no one outside the industry has heard of.
And don't forget that now we have a guy who was president just a year ago and knows all sorts of national secrets...who has no external accountant. And his internal accountant, weiselberg, is under indictment.
Trump has hundreds of millions of dollars of debt payments coming up and no bank or accountant. He'll be desperate to secure that money and will go to shady characters who will want something from a past and probably future president. This is a massive security risk. remember that trump gave away national security secrets all during his admin to people he liked.
Throughout his career, when cornered, trump has thown overboard his shareholders or partners. In this case WE are his shareholders and partners. We are about to get skrewed.
My guess is that in 5 years Mazar's will be a unit in a different company and the Mazar's name will be nowhere to be seen. The reputational hit from this might be deadly to a company in an industry based on trust. At this point you cant go into a meeting, ask investors to give you money and show your mazar's-audited financials. You'd cringe.
They'll lose 20% of their business and be absorbed by some other entity.
This is just a blip on the Mazars radar. Did they screw up? Sure, but they can deflect that to others. Trump would be a major client with H & R Block but he is nothing with Mazars. Mazars won't be affected by this one bit. Vinson and Elkins with a bad client like Trump. They would just shrug it off. Trump is a nothing burger to them.
LOL, remember Arthur Andersen? They capitulated and they were actually a huge and reputable firm. Mazars is done at the very least with respect to any reputable clients. To agip's point, any serious lending institution isn't going to want to deal when they see Mazars on any financial document. H&R block, LOLz. You don't know anything.
You are saying that Mazars risked their entire business with Trump. Trump is a little pebble to them. Mazars has 44,000 employees worldwide and you keep saying Trump, who you say is penniless, will cause Mazars to bring down their entire firm just to protect a penniless con man. Are you really saying that? Because if you are you are not looking good.
Fat Hurts, you are actually saying that a fraud such as Trump can actually bring down a worldwide accounting firm with 44,000 employees?
Sally, Sally, Sally. You have a degree in Accounting and you ask this question? Oy!
And don't forget that now we have a guy who was president just a year ago and knows all sorts of national secrets...who has no external accountant. And his internal accountant, weiselberg, is under indictment.
Trump has hundreds of millions of dollars of debt payments coming up and no bank or accountant. He'll be desperate to secure that money and will go to shady characters who will want something from a past and probably future president. This is a massive security risk. remember that trump gave away national security secrets all during his admin to people he liked.
Throughout his career, when cornered, trump has thown overboard his shareholders or partners. In this case WE are his shareholders and partners. We are about to get skrewed.
I hope the FBI is on top of this.
Trump will not be President again, so don't worry.
And don't forget that now we have a guy who was president just a year ago and knows all sorts of national secrets...who has no external accountant. And his internal accountant, weiselberg, is under indictment.
Trump has hundreds of millions of dollars of debt payments coming up and no bank or accountant. He'll be desperate to secure that money and will go to shady characters who will want something from a past and probably future president. This is a massive security risk. remember that trump gave away national security secrets all during his admin to people he liked.
Throughout his career, when cornered, trump has thown overboard his shareholders or partners. In this case WE are his shareholders and partners. We are about to get skrewed.
I hope the FBI is on top of this.
Trump will not be President again, so don't worry.
arguable. I think he will be president again.
But the point is that he knows all kinds of national security secrets and his psychotic nature will lead him to feel they are his to disclose. After all, only he can solve the nation's problems so anything he does to help himself is 'america first'
Classic example of Dems trying to clean up after Republican failures. Of course Trump's trade deal with China failed. Remember that in the 4-5 decades past, recessions have only happened with R presidents and the economy grows far faster with Dem presidents.
WASHINGTON—The Biden administration faulted China for failing to meet its commitments to purchase U.S. goods under the 2020 trade deal and said it was prepared to take further action to level the competitive playing field with Beijing. China has “fallen far short of implementing its commitments to purchase U.S. goods and services in 2020 and 2021,” the Office of the U.S. Trade Representative said in a report to Congress. “To the extent that China’s unfair, nonmarket and distortive policies and practices persist, the United States is prepared to use domestic trade tools strategically as needed in order to achieve a more level playing field with China for U.S. workers and businesses,” the report said.
Classic example of Dems trying to clean up after Republican failures. Of course Trump's trade deal with China failed. Remember that in the 4-5 decades past, recessions have only happened with R presidents and the economy grows far faster with Dem presidents.
WASHINGTON—The Biden administration faulted China for failing to meet its commitments to purchase U.S. goods under the 2020 trade deal and said it was prepared to take further action to level the competitive playing field with Beijing. China has “fallen far short of implementing its commitments to purchase U.S. goods and services in 2020 and 2021,” the Office of the U.S. Trade Representative said in a report to Congress. “To the extent that China’s unfair, nonmarket and distortive policies and practices persist, the United States is prepared to use domestic trade tools strategically as needed in order to achieve a more level playing field with China for U.S. workers and businesses,” the report said.
So he's cleaning up by... continuing the trade war?
Classic example of Dems trying to clean up after Republican failures. Of course Trump's trade deal with China failed. Remember that in the 4-5 decades past, recessions have only happened with R presidents and the economy grows far faster with Dem presidents.
WASHINGTON—The Biden administration faulted China for failing to meet its commitments to purchase U.S. goods under the 2020 trade deal and said it was prepared to take further action to level the competitive playing field with Beijing. China has “fallen far short of implementing its commitments to purchase U.S. goods and services in 2020 and 2021,” the Office of the U.S. Trade Representative said in a report to Congress. “To the extent that China’s unfair, nonmarket and distortive policies and practices persist, the United States is prepared to use domestic trade tools strategically as needed in order to achieve a more level playing field with China for U.S. workers and businesses,” the report said.
So he's cleaning up by... continuing the trade war?
I think there's bipartisan consensus that trade warring with China makes some sense. China doesn't play by the rules.
Trump's trade war against Canada and Western Europe was stupid and dishonest and unethical.
Trump will not be President again, so don't worry.
arguable. I think he will be president again.
But the point is that he knows all kinds of national security secrets and his psychotic nature will lead him to feel they are his to disclose. After all, only he can solve the nation's problems so anything he does to help himself is 'america first'
You can fork an open source clone pretty quickly. And so what? Raising money for risky projects that could take years to pay off is why capitalism was invented.
It became a meme-stock because people want to see it raise lots of money and see what they do with it for the entertainment value.
Sounds like you agree that it's not a real business. It's only the promise of having a real business some day. That kind of thing is for angel investors or maybe a VC.
If you think you are starting a viable business then you don't dilute your equity by reaching out to the public market on day one.
It's a con. And it's an obvious con. You'd be better off investing in Trump Steaks.
No, I don't. Who's being conned? Everyone involved knows what they're throwing money at. It's not even that risky - we know a bunch of Trumpers will sign up and use it.
FEBRUARY 8 UPDATE: The United States will remove Section 232 tariffs affecting steel imported from Japan starting April 1. The countries announced Monday
it's a mixed bag. I could post a bunch of 'tariffs removed by Biden admin.' stories too. It's too complicated for LRC and I'm not on top of it. But yeah Biden has kept some and tossed some. No doubt the ones he kept have contributed in some way to the high inflation rate.
great story here - I hope you can get through the paywall.
All these fox and right wing firebrands who sell to the rubes don't believe the trumpist nonsense - in private they mock and loathe spanks. Here, finally, we see them unmasked and telling the WH to reign in Trump because he's a national disgrace and a present danger to the republic and the Republican Party. Unmasked. Amazing stuff.
it won't matter because Hannity entertains the rubes with his propaganda, but still, satisfying to see the real Hannity come through, begging trump to be a good man and not a piece of human excrement.
Thousands of frantic text messages that might have otherwise been lost to history are now key to piecing together a picture of the events surrounding the Jan. 6 attack.
it's a mixed bag. I could post a bunch of 'tariffs removed by Biden admin.' stories too. It's too complicated for LRC and I'm not on top of it. But yeah Biden has kept some and tossed some. No doubt the ones he kept have contributed in some way to the high inflation rate.
No really though, what tariffs has he removed?
I remember you posting several stories of him TALKING about removing tariffs... doesn't seem like he followed through yet, and there's no guarantee he will. The only example I can find is where he very narrowly eased the tariffs on specific solar technologies. Overall, Union Joe seems pretty happy with tariffs.