The Trump "Hush Money" Trial starts today
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Since Trump is now a felon, does that mean he has to sell his 60% ownership of DJT stock? I believe you can't own more than 20% of a company as a felon.
@89th said in The Trump "Hush Money" Trial starts today:
Since Trump is now a felon, does that mean he has to sell his 60% ownership of DJT stock? I believe you can't own more than 20% of a company as a felon.
Uh, no.
There are some brokerages that restrict the amount of stock they will sell to a felon and there are some insider trading laws that will cause the FTC to impose restrictions on running a publicly traded company if convicted, but nothing about owning a business.
The Brad
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The really interesting thing is that if Trump was convicted in FL, he wouldn’t be allowed to vote in November, but because he was convicted in NY, which allows Justice Impacted Individuals to vote, he will be allowed to vote.
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@89th said in The Trump "Hush Money" Trial starts today:
Since Trump is now a felon, does that mean he has to sell his 60% ownership of DJT stock? I believe you can't own more than 20% of a company as a felon.
Uh, no.
There are some brokerages that restrict the amount of stock they will sell to a felon and there are some insider trading laws that will cause the FTC to impose restrictions on running a publicly traded company if convicted, but nothing about owning a business.
@LuFins-Dad said in The Trump "Hush Money" Trial starts today:
@89th said in The Trump "Hush Money" Trial starts today:
Since Trump is now a felon, does that mean he has to sell his 60% ownership of DJT stock? I believe you can't own more than 20% of a company as a felon.
Uh, no.
There are some brokerages that restrict the amount of stock they will sell to a felon and there are some insider trading laws that will cause the FTC to impose restrictions on running a publicly traded company if convicted, but nothing about owning a business.
I'm sure you're right. I was skimming this from the SEC: https://www.sec.gov/info/smallbus/secg/bad-actor-small-entity-compliance-guide
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More from @shipwreckedcrew
The theory that Bragg's Office ultimately pushed the most aggressively in the latter stages of the case and at closing was that the false business records were intented to cover up a NY state law crime of "conspiracy to promote the election of any person to public office by unlawful means."
The unlawful means was the filing of the false records to hide the NDA payments.
The "filing of false records" charge -- standing alone -- is a misdemeanor, barred by the statute of limitations.
The "conspiracy to promote the election" -- is a misdemeanor, barred by the statute of limitations.
It is only by COMBINING two misdemeanors -- neither of which could be prosecuted -- that the Democrat machine could create a felony charge that was within the longer statute of limitations.
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@Mik said in The Trump "Hush Money" Trial starts today:
It seems nothing is beyond disclosing publicly anymore.
As an aside.
(that is why I have trouble believing any conspiracy theories. In a world where almost EVERYONE is willing to share ANYTHING, to have a conspiracy that would require hundreds/thousands of people to be involved yet nobody says a word is hard to believe.) -
Trump's lawyers speak:
“I think that the jury instructions had a very key flaw here, which is the falsification of business records had to be in furtherance of some other crime and there wasn’t really great instructions on what that other crime was,” Parlatore said in response to a question about whether the jury instructions might lead to an appeals court overturning the verdict.
“Under New York state law, they’re not required to say which it is. But when they do, the judge has to instruct them on that specific crime. And the problem here is they don’t have to prove that they actually committed that other crime. They don’t have to prove that they actually had [Federal Election Commission] violations, but they have to show that what they intended to do was in fact a crime. And that I think is really the shortfall in the jury instructions is the lack of an explanation to this jury as to the federal election law.”
CNN senior legal analyst Elie Honig and criminal defense attorney Michael O’Mara on Friday said Trump’s appeal will plausibly be based on the case’s unprecedented nature and Merchan not sequestering the jury.
“I think there’s a great likelihood, and the reason why is there are a number of issues,” O’Mara said in response to a question about the likelihood of the appeal succeeding. “I have always complained about the way this jury was or was not handled during the trial. I think with the massive focus on this case that they should have been sequestered. They certainly should have been sequestered during the deliberations. I think they should have been sequestered for the week before.
My non-legal opinion is that another cause for appeal was in pre-trial motions denying the defense's request to call some witnesses.
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Saw an interview with Dersh about Trump's lawyers. He said that some were quite good, while a few were lacking. It was his opinion that Trump would benefit from bringing in a couple of attorneys familiar with the New York appeal process.
That's all well and fine, but this is New York and any New York lawyer who represents Trump will be hounded.
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By the way, even though the case has been adjudicated, the gag order is still in effect.
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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@George-K said in The Trump "Hush Money" Trial starts today:
By the way, even though the case has been adjudicated, the gag order is still in effect.
The case is done. Trump is convicted. How is it that Trump can't address the case, or its witnesses?
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Dersh made some interesting comments - specifically that Trump's lawyers were sloppy in not preserving the record for appeal.
IOW, if it's not in the record, it didn't happen. Usually appellate courts review transcripts.
The issue of the witness being denied is, apparently, not in the record.
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And just when you thought you couldn't hate the media enough.
"Reluctant?"
This guy RAN FOR OFFICE with the goal of convicting Trump.
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And just when you thought you couldn't hate the media enough.
"Reluctant?"
This guy RAN FOR OFFICE with the goal of convicting Trump.
@George-K said in The Trump "Hush Money" Trial starts today:
And just when you thought you couldn't hate the media enough.
"Reluctant?"
This guy RAN FOR OFFICE with the goal of convicting Trump.
See the guy directly to the right of Bragg? I think that’s the guy who gave up being the #3 Guy at DoJ, to become an Assistant Prosecutor… Hmmmm…
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@George-K said in The Trump "Hush Money" Trial starts today:
And just when you thought you couldn't hate the media enough.
"Reluctant?"
This guy RAN FOR OFFICE with the goal of convicting Trump.
See the guy directly to the right of Bragg? I think that’s the guy who gave up being the #3 Guy at DoJ, to become an Assistant Prosecutor… Hmmmm…
@LuFins-Dad said in The Trump "Hush Money" Trial starts today:
I think that’s the guy who gave up being the #3 Guy at DoJ
Yup that's him.
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Yeah, it would be like you deciding to quit your practice and taking a position as a PA at a smaller office.
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If elected president again, Trump would need special permission to enter several key countries for maintaining foreign relations
Thirty-eight nations, counting the United States, bar felons from entry, according to World Population Review. Those bans stand regardless of whether someone is allowed to retain their passport after conviction.
Countries That Deny Entry to Felons
Argentina Australia Brazil Cambodia Canada Chile China Cuba Dominican Republic Egypt Ethiopia Hong Kong India Indonesia Iran Ireland Israel Japan Kenya Macau Malaysia Mexico Morocco Nepal New Zealand Peru Philippines Singapore South Africa South Korea Taiwan Tanzania Tunisia Turkey Ukraine United Arab Emirates United Kingdom United States
