bluethrunthru
Well-Known Member
watching it in real time then denying you knew what was going on when you filmed yourself watching is kind of awkward
Donald Trump
- Thread starter kaz7
- Start date
JRockBlues
Well-Known Member
Man's got a point...
FogBlueInSanFran
Well-Known Member
WHHHOOOOOOOAAAAAAA
This is a BIG deal!!!
www.cnn.com
Note the comment from Mazars:
“While we have not concluded that the various financial statements, as a whole, contain material discrepancies based upon the totality of the circumstances, we believe our advice to you to no longer rely upon those financial statements is appropriate . . .”
This is a significant carve out — it means while the totality of the assets/liabilities and income/expenses may be correct based on the information Mazars had, individual valuations/elements may be off and therefore specifically they shouldn’t be relied upon by lenders or taxing authorities.
This particular comment below from TTO is by the way an AWESOME lie. Any public company who said this would see its stock disappear right down the crapper instantly. It’s TOTAL bullshit.
"While we are disappointed that Mazars has chosen to part ways, their February 9, 2022 letter confirms that after conducting a subsequent review of all prior statements of financial condition, Mazars' work was performed in accordance with all applicable accounting standards and principles and that such statements of financial condition do not contain any material discrepancies," a Trump Organization spokesperson said Monday. "This confirmation effectively renders the investigations by the DA and AG moot."
Not if YOU lied to THEM, you fucking idiots. Just because Mazars hasn’t completed a forensic audit to determine if there are mistakes/omissions that rise to the level of “materiality” (which can be defined a lot of ways depending on the size of an organization) doesn’t mean there aren’t significant lies that others relied upon to make taxing/lending decisions.
This is very significant from a business standpoint. It’s a severe bleeding wound to Trump receiving capital from any reputable source again.
This is a BIG deal!!!
Trump Organization's accounting firm says 10 years of financial statements are unreliable
Former President Donald Trump's long-time accounting firm informed the Trump Organization last week that it should no longer rely on nearly 10 years' worth of financial statements and that they would no longer be their accountants, citing a conflict of interest.
www.cnn.com
Note the comment from Mazars:
“While we have not concluded that the various financial statements, as a whole, contain material discrepancies based upon the totality of the circumstances, we believe our advice to you to no longer rely upon those financial statements is appropriate . . .”
This is a significant carve out — it means while the totality of the assets/liabilities and income/expenses may be correct based on the information Mazars had, individual valuations/elements may be off and therefore specifically they shouldn’t be relied upon by lenders or taxing authorities.
This particular comment below from TTO is by the way an AWESOME lie. Any public company who said this would see its stock disappear right down the crapper instantly. It’s TOTAL bullshit.
"While we are disappointed that Mazars has chosen to part ways, their February 9, 2022 letter confirms that after conducting a subsequent review of all prior statements of financial condition, Mazars' work was performed in accordance with all applicable accounting standards and principles and that such statements of financial condition do not contain any material discrepancies," a Trump Organization spokesperson said Monday. "This confirmation effectively renders the investigations by the DA and AG moot."
Not if YOU lied to THEM, you fucking idiots. Just because Mazars hasn’t completed a forensic audit to determine if there are mistakes/omissions that rise to the level of “materiality” (which can be defined a lot of ways depending on the size of an organization) doesn’t mean there aren’t significant lies that others relied upon to make taxing/lending decisions.
This is very significant from a business standpoint. It’s a severe bleeding wound to Trump receiving capital from any reputable source again.
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bluethrunthru
Well-Known Member
can he still use the shitter at Mar-a -Largo or is it still blocked by classified secret documents that he shouldn't have had there but he tells us it was kosher? Asking for Dyno-Rod
M
M
mat
Guest
He's got a team of Russian plumbers for free who've offered to clear it out...
In other News. Moscow Mitch is actively trying to block Trump cultist's standing in mid terms.
Trevor Morley's Tache
Well-Known Member
Mazars cooked the books.WHHHOOOOOOOAAAAAAA
This is a BIG deal!!!
Trump Organization's accounting firm says 10 years of financial statements are unreliable
Former President Donald Trump's long-time accounting firm informed the Trump Organization last week that it should no longer rely on nearly 10 years' worth of financial statements and that they would no longer be their accountants, citing a conflict of interest.
Note the comment from Mazars:
“While we have not concluded that the various financial statements, as a whole, contain material discrepancies based upon the totality of the circumstances, we believe our advice to you to no longer rely upon those financial statements is appropriate . . .”
This is a significant carve out — it means while the totality of the assets/liabilities and income/expenses may be correct based on the information Mazars had, individual valuations/elements may be off and therefore specifically they shouldn’t be relied upon by lenders or taxing authorities.
This particular comment below from TTO is by the way an AWESOME lie. Any public company who said this would see its stock disappear right down the crapper instantly. It’s TOTAL bullshit.
"While we are disappointed that Mazars has chosen to part ways, their February 9, 2022 letter confirms that after conducting a subsequent review of all prior statements of financial condition, Mazars' work was performed in accordance with all applicable accounting standards and principles and that such statements of financial condition do not contain any material discrepancies," a Trump Organization spokesperson said Monday. "This confirmation effectively renders the investigations by the DA and AG moot."
Not if YOU lied to THEM, you fucking idiots. Just because Mazars hasn’t completed a forensic audit to determine if there are mistakes/omissions that rise to the level of “materiality” (which can be defined a lot of ways depending on the size of an organization) doesn’t mean there aren’t significant lies that others relied upon to make taxing/lending decisions.
This is very significant from a business standpoint. It’s a severe bleeding wound to Trump receiving capital from any reputable source again.
Who knew???
M
M
mat
Guest
I can't believe this could happen to man with integrity such as Donald J. Trump
west didsblue
Well-Known Member
- Joined
- 2 Oct 2011
- Messages
- 32,410
I’d take any of those three options in a heartbeat.
FogBlueInSanFran
Well-Known Member
Oh I don’t know that it was Mazars. I suspect they may have been lied to by Trump’s people. Or they may have ignored red flags. Or been incompetent. Not sure they are crooks — obviously trying to protect themselves so they don’t turn into Arthur Andersen.