Trump Liable for Fraud Wall Street Scared

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Businessmen have sumptuous lunches they write off as a business expense, like this rack of lamb. 
Long lunches are in the pipeline today to discuss the implications of Judge Engoron's decision 
that Donald Trump is liable for fraud.  

Old post, 6 April 2023, about the indictment that led to this civil case.

Businessmen are mad at Trump, not because of money paid to Stormy Daniels. For them, that is just a storm in a teacup. It’s giving them a bad rap as a tribe.

They are having insomnia because of his housekeeping. Very untidy. Unkempt. Sloppy. He could not keep in order, standard paperwork about the reason for being in business: making a profit, which involves moving money around, and more importantly, away from the taxman. Internal Revenue Service (IRS), very irritating government department.

Trump’s indictment is bad news for Wall Street types because it will attract unnecessary scrutiny to their line of work, which is quite legitimate and protected by the laws of the land, globally. For the next few days, businessmen in New York, London or Stockholm will be cursing Trump over lunch, which is a bona fide business expense.

They’ll rip to shreds his cockiness as they sip their Scottish drink, while they wait for their usual: T-bone steak, they will wash down with something red, something from the Napa Valley.

Over dessert, they’ll take a walk down memory about how insider trading, tarnished the tribe’s image. Now Trump, he cut corners because he thought he was untouchable.

By: Nonqaba waka Msimang.

 

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