So, Trump wants to end the monitor he insisted on, back when he claimed the NY AG was mis-stating his financials (and would somehow use them to benefit his imagined competitors — in vying for fraudulent loans?!). Over the last 18 months, the monitor, a retired and highly esteemed USDC Judge, has documented an ongoing, and nearly endless array of misstatements, errors and omissions (including direct inconsistencies) from the “Trump-World” financials.
The able Barbara Jones (USDC NYSD Judge, Retired) puts it this way:
…While certain observations discussed below have been addressed in my prior reports, this report also provides a review and overall assessment of the Defendants’ compliance with the requirements of the Monitorship Order….
Absent steps to address the items above, my observations suggest misstatements and errors may continue to occur, which could result in incorrect or inaccurate reporting of financial information to third parties. The parties continue to cooperate with me under the requirements of the orders. Should you have any questions, please feel free to contact me….
Of course, this is all coming to a head because he will shortly owe over $450 million in cash into the courts ($83.3 million in federal court, if he wants to appeal the second Jean Carroll defamation verdict; and probably $280 million to $370 million, in the NY AG frauds cases, in state court — where he filed the above nonsense papers).
And he hates the idea that he can no longer easily “shell game” his income and assets away from his judgment creditors, as he’d done previously, for over four decades.
Out.
Powerline Lies... 