Never heard of cristopher skase or alan bond?

Of course it's possible he misrepresented his financials(a crime) and the bank didn't catch it.

I've already said I'm not going to hand-hold the "nothing matters" crowd through the relevant issues. Black brought some up and I added another one to the discussion.

Sure, there's individuals that commit fraud.

Neither did the auditor than. The bank gets the financial statements directly from the auditor, not via the company.

True, but from what I understand, Trump and the IRS have been engaged in a legal battle over this exact point, a court batle which has been going on for over a decade. I assume that the IRS would have happily torn Trump a new one if there had been clear proof for any crimes, for fraud or illegal accounting practices. The fact that they didnt to me indicates that no such strong proof for accounting fraud or other related crimes exists.

This post was edited by Black XistenZ on Sep 27 2020 09:19pm

The fact that they have been fighting him for 10 years also says something..

There probably was shady but minor stuff going on. Did anyone seriously expect the Trump Organization's books to be squeaky clean?

The fact that they have, so far, been unable to nail him suggests that any hypothetical accounting crimes were either minor or super elaborate and devious.

Don’t move the goal posts to ‘our system’.

I’m asking you specifically highlight what In the article is so scandalous that Trump did.

value of assets go up and you dont have to sell? cmon dont play dumb you’re smarter than this

and err what? if anything his net worth went down a couple years after the 2016 election

Our Canadian tax courts take years, its not uncommon to be servicing a client that's still in discovery three years later.

Iv never served any with a dispute over 7 years however. That being said, I also have never served a client that size. Potentially more common among, you look at most financial statements, theres about 6 pages of contingent liabilities, i wouldn't be surprised if many were tax related, i just don't read them all anymore unless the audit report directly says theres a going concern issue.

This post was edited by SBD on Sep 27 2020 09:30pm