lsanderson: (Default)

#4

[personal profile] lsanderson 2023-09-28 02:31 pm (UTC)(link)
I was the last holdout on a jury that convicted a man for shaking a baby, who died. We convicted the mother's boyfriend -- a likely suspect -- in a long and lurid trial with eight-by-ten color glossy photographs and PowerPoint slides. His defense was weak, and blaming the ambulance crew really didn't shore up his side.
movingfinger: (Default)

[personal profile] movingfinger 2023-09-28 04:22 pm (UTC)(link)
Wasn't "shaken baby syndrome" brought to prominent public attention by one vocal doctor who did a lot of testifying and talking to newspapers? In the late 80's or early-mid 90's? I think it arose around the same time as the (later shown utterly false) widely reported accusations of abuse against some day care workers (the children's interviewers did the leading type of interviews and the children agreed with what the adults wanted them to say).
hairyears: Spilosoma viginica caterpillar: luxuriant white hair and a 'Dougal' face with antennae. Small, hairy, and venomous (Default)

[personal profile] hairyears 2023-09-30 06:51 am (UTC)(link)
(5) Trump's bankrupt: a court judgement stating that his property valuations are fraudulent has the immediate effect of invalidating all bonds, loans, and contracts secured on those assets, and repayment falls due immediately.

Worse, he can't wiggle out with a Chapter 11 filing: it's not available for fraudsters and the judgement explicitly describes those valuations as fraudulent.

I can only hope that none of his loans is 'double-counting' one or more of his properties as security for loans.

Meanwhile, I wonder how large the writedowns will be, and which banks will be forced to announce losses.

The creditors who seize those assets will be embroiled in a very complex negotiation - or a court-imposed settlement - as to who gets what, and how much: and they will almost certainly take control of Trump's remaining cash-generating businesses if they sue him for fraud...

And yes, they can do that: liability for defaulting on a loan is not limited to the value of the collateral when fraud is discovered, because the original contract is void.

...So we get to see what else might be fraudulent in Trump's banana republic of a business empire, because any enterprises taken over by a bank are audited.