@mastodonmigration@mastodon.online
@mastodonmigration@mastodon.online avatar

mastodonmigration

@mastodonmigration@mastodon.online

Sharing advice and assisting with the great migration, plus various thoughts and perspectives.

Banner Artwork: Julio Lacerda https://linktr.ee/julio.lacerda
Avatar Artwork: Brandon Pilcher https://brandonpilchersart.com
Individual account not representing any entity or organization.
Curates: https://mastodon.world/@ClimateMigration https://universeodon.com/@AstroMigration
#mastodonmigration #twittermigration

This profile is from a federated server and may be incomplete. Browse more on the original instance.

gulovsen, to random
@gulovsen@mastodon.social avatar

Maybe it's just me, but it sure seems like if you wait long enough, you eventually find out that the real secret behind so many Silicon Valley startups' success is the same...

The Secret Ingredient is Crime

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@gulovsen

To the extent that Pump and Dump schemes are securities fraud you are absolutely correct.

GottaLaff, to random
@GottaLaff@mastodon.social avatar

Griftology.

Politico—The campaign is asking for down-ballot candidates who use his name, image and likeness in fundraising appeals to give at least 5 percent of the proceeds to the campaign.

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GottaLaff

Fixed that for you...

"....give at least 5 percent of the proceeds to his lawyers."

SteveThompson, to tesla
@SteveThompson@mastodon.social avatar

"Tesla asks shareholders to back $56bn pay for Elon Musk rejected by judge"

https://www.theguardian.com/technology/2024/apr/17/elon-musk-tesla-pay

"Delaware court in nullified compensation deal based on carmaker’s market value in January, calling it ‘unfathomable sum’"

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@SteveThompson

Repeated for emphasis "unfathomable sum"!

GossiTheDog, to random
@GossiTheDog@cyberplace.social avatar

A day after announcing he was cutting 10% of Tesla’s staff, Tesla are looking at the biggest pay deal in corporate American history for Elon Musk https://www.bbc.com/news/articles/cqqndqndpq5o

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GossiTheDog

Great job! Give that guy a 50 BILLION DOLLAR bonus!

mastodonmigration, to random
@mastodonmigration@mastodon.online avatar

Have you been following the fascinating saga of Trump's fraud bond? It's a doozy!

  1. Trump bond initial rejection 4/3. Media reports Trump made a clerical error >>> https://mastodon.online/@mastodonmigration/112212072918141079
  2. Turns out it is not a clerical error, but rather Knight, the insurer, hasn't provided adequate info 4/3 >>> https://mastodon.online/@mastodonmigration/112213165438803558
  3. Trump/Knight "correct" filing, but questions remain 4/4 >>> https://mastodon.online/@mastodonmigration/112214745073746196
  4. AG James formally rejects the bond 4/4 >>> https://mastodon.online/@mastodonmigration/112214772087628584

1/

mastodonmigration, (edited )
@mastodonmigration@mastodon.online avatar

Trump fraud bond sage continued...

  1. Knight's (the insurer) past ties to Trump are picked up 4/4 >>> https://mastodon.online/@mastodonmigration/112215875510089470
  2. Judge Engoron sets a hearing on the bond for Monday April 22 4/5 >>> https://mastodon.online/@mastodonmigration/112218019543907071
  3. Some in the media take notice things are fishy about the bond 4/7 >>>
    https://mastodon.online/@mastodonmigration/112230782681383632
  4. More and more 'fishy' bond analysis 4/11 >>> https://mastodon.online/@mastodonmigration/112252561806621041

2/

mastodonmigration,
@mastodonmigration@mastodon.online avatar

Trump fraud bond sage continued...

  1. Trump/Knight file response to James to justify bond 4/15 >>> https://mastodon.online/@mastodonmigration/112279591539113515
  2. Experts start to tear apart the response and bond validity 4/16 >>> https://mastodon.online/@mastodonmigration/112279621651720903
  3. A chorus of experts predict the bond is has fatal issues and will be rejected 4/16 >>> https://mastodon.online/@mastodonmigration/112287214682220781

These are just some entry points to the thread. Will continue to add to this monster as new facts emerge. The next exciting event will be AG James filing on Friday.

sundogplanets, to random
@sundogplanets@mastodon.social avatar

I'm talking to a journalist in a bit about NASA's new "space sustainability strategy" and this one sentence from the abstract seems to sum it up:

"Given the substantial upfront expenditures required to develop and deploy remediation capabilities and the potential delay in receiving benefits, these motivations do not appear to be sufficient to incentivize immediate action"

I'm going to have to read this more carefully, but did NASA just say they don't care about orbit?!

https://www.nasa.gov/wp-content/uploads/2023/05/otps-cost-and-benefit-analysis-of-orbital-debris-remediation-final-tagged.pdf?emrc=661fe22b468ed

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@sundogplanets

What seems necessary is a very serious effort to build a simulation of LEO traffic and stress test it against current and future real deployments of spacecraft. The simulation needs to include realistic and pessimistic post collision Kessler cascade simulations and potential mitigation measures.

Without this we are literally flying blind and headed for certain catastrophe.

mastodonmigration, (edited ) to random
@mastodonmigration@mastodon.online avatar

Great Law and Crime report just up by @Brandi_Buchman on the current deliberations before SCOTUS regarding obstruction charges for many Jan 6 defendants:

https://lawandcrime.com/high-profile/you-may-be-biting-off-more-than-you-can-chew-supreme-court-seems-dubious-in-debate-over-obstruction-statute-with-potential-to-unwind-hundreds-of-jan-6-convictions/

Highly recommended! This is the kind of in depth analysis we see so little of these days.

GottaLaff, to random
@GottaLaff@mastodon.social avatar

“Their joint statement, filed to Judge Arthur Engoron Monday, said KSIC's $175 million bond was collateralized by the $175,304,075.95 had placed in a Charles Schwab bank account and which was specifically pledged to KSIC.”
https://www.newsweek.com/trump-letitia-james-arthur-engoron-manhattan-fraud-case-bond-knight-1890739

mastodonmigration,
@mastodonmigration@mastodon.online avatar
hotdogsladies, to random
@hotdogsladies@mastodon.social avatar

Mojave 3 made a very good going-to-sleep album.

https://youtu.be/JXi3kqUhaLE?si=47NBKBJeTfKB5y6H

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@hotdogsladies

Thanks!

Hey_Beth, to random
@Hey_Beth@sfba.social avatar

OK - If you were one of the 96 prospective jurors, would you be able to be fair and impartial?

I think that I could be, but I would disclose that I am on social media bashing Trump nearly every single day. I would not want that to come out later and risk being fodder for an appeal.

EDIT: Under the judge's definition of a fair juror, I'd have to be dismissed. A fair juror is one with no bias or prejudice.

Oh, well count me as out of here.

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@Hey_Beth @gulovsen

Certain that they will. They buy data on prospective jurors from the same data brokers who are sucking up your every click. They know everything about all of them.

ben, to random
@ben@werd.social avatar

If you were buying a new car for a family today, what would you buy? EV preferred.

(Please don’t say “public transit”. Yes, I’d prefer functional public infrastructure too, and resent the need to own a car, but I live in America.)

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GottaLaff @ben

So you are that cool looking woman that flies by in the HOV lane!

mastodonmigration, to random
@mastodonmigration@mastodon.online avatar

Might be wrong here, but seems like this may be a bigger deal than a clerical error as is being widely reported:

Rejected and ‘returned for correction’: Docs for Trump’s $175M bond get bounced >>> https://lawandcrime.com/high-profile/rejected-and-returned-for-correction-docs-for-trumps-175m-bond-get-bounced/

It may be that the bond company didn't report their financials because they have insufficient collateral to secure a bond of this magnitude. In which case the bond is no good, Trump doesn't have a bond, and he is out of time.

Let's see how this gets resolved...

mastodonmigration,
@mastodonmigration@mastodon.online avatar
mastodonmigration, (edited )
@mastodonmigration@mastodon.online avatar

@GottaLaff

Something fishy? Reaction to the Trump bond legitimacy filing is filtering in. This from Newsweek:

https://www.newsweek.com/donald-trump-bond-documents-court-175-million-dollars-knight-specialty-1890657

"Reacting to the bond court filings, Weissmann posted on X, formerly Twitter: "Something's fishy here. If Trump has $175M free and clear, why not just directly post it and not pay a fee for a surety bond? And the agreement does not give Knight a lien on the account as collateral and seems to afford Trump a two-day window to dissipate the account."

more...

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GottaLaff

More from the Newsweek article:

"In a series of posts, Allison Gill, who posts on social media using the account for the Mueller, She Wrote podcast, said that the documents appear "shady," while also asking why Trump doesn't just pay the bond outright if he appears to have the cash."

"I'm no expert, but I think to back a bond, the guarantor has to have at least enough cash to cover it. But here, they say Trump is covering it and they have access to Trump's Schwab account."

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GottaLaff

And even more shade directed at Trumps 'fishy' bond deal:

https://www.rawstory.com/somethings-fishy-here-trumps-latest-175-million-bond-filings-questioned-by-experts/

"Legal experts are now questioning details of the new bond filings. Some suggest a portion of the $175 million might also currently be in use to secure other debts or obligations."

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GottaLaff

Business Insider weighs in...

https://www.businessinsider.com/trump-figts-surety-hearing-for-175m-civil-fraud-bond-2024-4

"This wording — that the insurer "has the right to exercise control" over the money — appears to fall short of what bond writers usually demand of their cash customers."

"The final call on whether the Knight bond sinks or swims will be up to... [Judge] Engoron, who has set a Monday hearing on the matter."

"On Tuesday, Engoron filed a response giving the AG's office until Friday to respond to the new defense challenge"

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GottaLaff

Note that the Business Insider article has a link to Engoran's order giving NY until Friday to respond, and that this order includes the entire filing by Trump/Knight (all 108 pages!).

Link to order: https://www.documentcloud.org/documents/24549567-nyag-v-trump-engoron-on-surety-mol-20240415

mastodonmigration,
@mastodonmigration@mastodon.online avatar
mastodonmigration, (edited )
@mastodonmigration@mastodon.online avatar

@GottaLaff

Sorry missed a great Salon piece from yesterday:

https://www.salon.com/2024/04/16/absurd-experts-say-still-playing-games-with-fraud-bond--and-it-could-blow-up-in-his-face/

"...the parent company appearing to have "adequate capitalization" without having "authority to do business in New York or to issue surety bonds," Germain pointed out. "The question, I think, is whether that reinsurance would clearly and unconditionally apply and require KIC to pay the bond, and whether the AG would be able to enforce that reinsurance commitment if KSIC was unable to pay," he said."

more...

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GottaLaff

More Salon:

"The former president, Germain said, appears to be "trying to use an incapable insurance company as a front to avoid meeting the statutory requirement," but "it's not going to work."

The court, Germain said, will have to determine whether Knight Insurance's reinsurance makes the parent company's capital "immediately available" to Knight Specialty if the $175 million bond has to be paid to ensure "prompt payment."

more...

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GottaLaff

More Salon:

"The AG has valid reasons for questioning the validity of a bond posted by an out-of-state insurer without a certificate from the Insurance department, and having inadequate capitalization to cover the bond... also somewhat doubtful that a reinsurance policy would so clearly cover a default on a surety bond."

"Trump's apparent decision to not put up the money himself "also raises the question of whether the collateral is double-pledged to secure another obligation..."

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@GottaLaff

Indeed we will. The most interesting next event will be AG James response filing by this Friday.

mastodonmigration,
@mastodonmigration@mastodon.online avatar

@msbellows @GottaLaff

Love this!

  • All
  • Subscribed
  • Moderated
  • Favorites
  • provamag4
  • kavyap
  • DreamBathrooms
  • mdbf
  • magazineikmin
  • InstantRegret
  • everett
  • thenastyranch
  • Youngstown
  • slotface
  • GTA5RPClips
  • khanakhh
  • osvaldo12
  • rosin
  • lostlight
  • cisconetworking
  • Durango
  • Leos
  • ethstaker
  • cubers
  • modclub
  • tacticalgear
  • provamag3
  • tester
  • anitta
  • normalnudes
  • JUstTest
  • relationshipadvice
  • All magazines