View Full Version : Trump University settled
jimbo2012
11-18-2016, 04:06 PM
BREAKING: President-elect Donald Trump agrees to settle civil fraud lawsuit over Trump University for $25M -
Reuters, citing source
Chi-Town
11-18-2016, 04:14 PM
BREAKING: President-elect Donald Trump agrees to settle civil fraud lawsuit over Trump University for $25M -
Reuters, citing source
Smart. Most are settled before an embarrassing prolonged trial. Still a black mark, though.
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MDLNB
11-18-2016, 05:08 PM
Smart. Most are settled before an embarrassing prolonged trial. Still a black mark, though.
Sent from my SM-N910V using Tapatalk
Yep, it will probably hurt his chances at being elected.....hmmm..wait a minute.
I doubt it is as much a scandal as the Clinton Foundation will be or Hillary being charged with treason.
janmcn
11-18-2016, 05:22 PM
BREAKING: President-elect Donald Trump agrees to settle civil fraud lawsuit over Trump University for $25M -
Reuters, citing source
This from the guy who told Morning Joe he never settles a lawsuit because it makes you look guilty. Trump also said at the same time 'once you settle one lawsuit, many more will follow'. He should have listened to himself.
jimbo2012
11-18-2016, 05:25 PM
More troll BS
anyone knows most lawsuits are settled.
jimbo2012
11-18-2016, 05:33 PM
Let's get real here, if he wasn't Pres elect he would have litigated the case may have won or lost.
But is is possible he did this for the good of moving ahead with the task of assembling his cabinet and others needed to run his presidency?
I think he may have put his country first.
The 25M isn't going to break his wallet, I'm sure he's not happy but look at the millions he put in play for his campaign.
Smart move
the students are getting back half their money on average, so his gross income was well over 50 million, he still made some money.
A judge told a defendant I was suing, it is best to settle "pigs get fat hogs get slaughtered", he wrote a check.
...
rubicon
11-18-2016, 05:39 PM
This from the guy who told Morning Joe he never settles a lawsuit because it makes you look guilty. Trump also said at the same time 'once you settle one lawsuit, many more will follow'. He should have listened to himself.
He was not president elect when he made those statements. Secondly some lawsuits should be settled rather than litigated for numeral reasons . Third the courts to alleviate their court calendars make mediation mandatory for favoring settlements rather than litigation. Fourth often the costs money, time ,logistics often are the decisive consideration rather than liability
People will read into this settlement what they want to believe. I can't know why they settled, did the judge strongly recommended it, did the plaintiffs believed Trump election adversely affect their claims and would forestall any activity until he left office or even perhaps that they recognized they had a weak case and got out when the getting was good????
Personal Best Regards:
Rockyrd
11-18-2016, 07:53 PM
He was not president elect when he made those statements. Secondly some lawsuits should be settled rather than litigated for numeral reasons . Third the courts to alleviate their court calendars make mediation mandatory for favoring settlements rather than litigation. Fourth often the costs money, time ,logistics often are the decisive consideration rather than liability
People will read into this settlement what they want to believe. I can't know why they settled, did the judge strongly recommended it, did the plaintiffs believed Trump election adversely affect their claims and would forestall any activity until he left office or even perhaps that they recognized they had a weak case and got out when the getting was good????
Personal Best Regards:
He settled because he did not expect to be President Elect.
He is the only defense and would be required to take the stand, and having a President Elect, UNDER OATH either lie or tell how he pulled a con job.
There are more cases to come on this con job, and wondering how this settlement might set a precedent.
Folks, I know you suddenly love this guy, but he was and is a con artist. Hope is that he recognizes that somehow he got elected and has a responsibili of epic proportions.
Many of the posts on here over the campaign, and I think Trumps thinking was to get to Nov 8.
Well, here we are and he has one hell of a tough job to do.
ColdNoMore
11-18-2016, 07:59 PM
He settled because he did not expect to be President Elect.
He is the only defense and would be required to take the stand, and having a President Elect, UNDER OATH either lie or tell how he pulled a con job.
There are more cases to come on this con job, and wondering how this settlement might set a precedent.
Folks, I know you suddenly love this guy, but he was and is a con artist. Hope is that he recognizes that somehow he got elected and has a responsibili of epic proportions.
Many of the posts on here over the campaign, and I think Trumps thinking was to get to Nov 8.
Well, here we are and he has one hell of a tough job to do.
I bet he'll let his VP and staff do most of the heavy lifting, while he is "doing deals" on the side...that benefits Trump Inc.
justjim
11-18-2016, 08:51 PM
I bet he'll let his VP and staff do most of the heavy lifting, while he is "doing deals" on the side...that benefits Trump Inc.
Vegas odds three to one that Trump will be impeached by the end of his second year in office.
Rockyrd
11-18-2016, 09:14 PM
Vegas odds three to one that Trump will be impeached by the end of his second year in office.
I do not see impeachment, but I do see him resigning early on.
This election is going to have a big impact on his business. If you read today's WSJ, they are saying the best he can do is sell everything and put it in a blind trust. Of corse, Rudy G says that would put his kids "out if work", but very rich.
The Journal see so muc conflict of interest with tax reform wall st reform, etc. along with his many foreign interests.
I recall a "friend" of his saying even before he got the nomination that he spoke to him and asked "Donal, do you really want to be President" and the response was no. Many "circles have offered this same scenario.
Watch for Pence to be doing more and becoming more visible.
He is a smart guy...he is in way over his head, and will never allow himself to look like a loser (nobody ever served as president and keft unscathed). The last gal who claimed sexual assault is not done yet, and her claim is during his current marriage.
Again, he is smart and I think he will simply resign. He comes into office with a lot of baggage.
Link to the WSJ article if interested.
The Trump Family Political Business - WSJ (http://www.wsj.com/articles/the-trump-family-political-business-1479426984)
tcxr750
11-18-2016, 09:42 PM
Lawyers and Accountants correct me if I'm wrong. $25,000,000 divided by 6,000 plaintiffs equals $4,166 each. Minus taxes on the settlement and percentage legal fees. Should be enough left for a week at Disney World for a family of four if you stay at the "All Star Sports Resort."
Incredibly, President-Elect Trump will have a $25,000,000 tax write off for 2016. Sounds like a win win outcome for all concerned. Maybe, not so much if you invested $35,000 of your retirement money in a non accredited "University".
Allegiance
11-18-2016, 09:45 PM
The Donald does what is in the country's best interest even if it cost him money, a true patriot, God bless THE DONALD, God bless America.
Rockyrd
11-19-2016, 07:04 AM
Lawyers and Accountants correct me if I'm wrong. $25,000,000 divided by 6,000 plaintiffs equals $4,166 each. Minus taxes on the settlement and percentage legal fees. Should be enough left for a week at Disney World for a family of four if you stay at the "All Star Sports Resort."
Incredibly, President-Elect Trump will have a $25,000,000 tax write off for 2016. Sounds like a win win outcome for all concerned. Maybe, not so much if you invested $35,000 of your retirement money in a non accredited "University".
Yep....never mind the actual principle behind the suit.
rubicon
11-19-2016, 07:06 AM
Listen to all the talking heads and their predictions. Look at the hate feast continuing to be built against Trump because the other side prediction of a big Hillary victory amounted only to their wishful thinking. Should one then believe the dismal predictions of a Trump failure?
What did progressives call of any and all of the criticism made against Obama, oh yea racism, etc etc.
Far too many progressives by their actions display who they really are and they will continue this campaign of hate well beyond the inauguration, sanctioned by the way by Obama. They will continue to exaggerate and fabricate stories about Trump's character, his presidential actions, his family , etc because they must marginalize him or their heads will explode. Trump's situation concerning his divesting from his enterprise to satisfy any claims of conflicts of interest may be problematic but all problems have satisfactory solutions. If there is a perceived conflict of interest I would join in to raise a complaint but let's give the process time
Personal Best Regards:
jimbo2012
11-19-2016, 07:23 AM
Yep....never mind the actual principle behind the suit.
The idea was stupid people took a course to make money.
After they leaned everything they found they were still too stupid to make money.
Biz minded people do it on their own.
So now they decide to sue someone who is very litigious with top lawyers, so still stupid.
Remember not all sued, the law firm for the defendants was not a top firm.
Results- Trump still made money, students perhaps learned something????
Defendants lawyers made the most out of the deal
Yep "the art of the deal"
.
ColdNoMore
11-19-2016, 07:40 AM
Yep....never mind the actual principle behind the suit.
Trump worships Putin and quickly realized that his fake university, is simply chump change in what he can now do as POTUS...just as Putin has done.
Trump sees himself as an Oligarch that can use the influence of his office to increase his personal wealth substantially.
He didn't want to testify (where he would have to lie) and then take the chance those lies might shorten his term and therefore not give him as much time to "make deals" for the benefit of he and his family.
The saddest part of course, are those that don't have a problem with Trump being an Oligarch and will constantly make excuses for him...when he violates the very principles of this great country. :ohdear:
MDLNB
11-19-2016, 09:08 AM
Trump worships Putin and quickly realized that his fake university, is simply chump change in what he can now do as POTUS...just as Putin has done.
Trump sees himself as an Oligarch that can use the influence of his office to increase his personal wealth substantially.
He didn't want to testify (where he would have to lie) and then take the chance those lies might shorten his term and therefore not give him as much time to "make deals" for the benefit of he and his family.
The saddest part of course, are those that don't have a problem with Trump being an Oligarch and will constantly make excuses for him...when he violates the very principles of this great country. :ohdear:
What an ignorant comment. Nuff said.
Hey CNM.....pull my finger.........:a20:
Polar Bear
11-19-2016, 09:11 AM
Trump worships Putin and quickly realized that his fake university, is simply chump change in what he can now do as POTUS...just as Putin has done.
Trump sees himself as an Oligarch that can use the influence of his office to increase his personal wealth substantially.
He didn't want to testify (where he would have to lie) and then take the chance those lies might shorten his term and therefore not give him as much time to "make deals" for the benefit of he and his family.
The saddest part of course, are those that don't have a problem with Trump being an Oligarch and will constantly make excuses for him...when he violates the very principles of this great country. :ohdear:
One of the most ridiculous posts in this ocean of ridiculousness.
Rockyrd
11-19-2016, 09:22 AM
One of the most ridiculous posts in this ocean of ridiculousness.
Not so ridiculous at all.
Just a bit of reading of the history of the players being assembled sort of gives you pause...Trump, Putin, Flynn, Bannon all have certain very common denominator.
I do not, at this point subscribe totally, but it is not out of play in anyway.
MDLNB
11-19-2016, 09:27 AM
Not so ridiculous at all.
Just a bit of reading of the history of the players being assembled sort of gives you pause...Trump, Putin, Flynn, Bannon all have certain very common denominator.
I do not, at this point subscribe totally, but it is not out of play in anyway.
Yep, they are all leaders. Something that eluded Obama.
Rockyrd
11-19-2016, 09:33 AM
The idea was stupid people took a course to make money.
After they leaned everything they found they were still too stupid to make money.
Biz minded people do it on their own.
So now they decide to sue someone who is very litigious with top lawyers, so still stupid.
Remember not all sued, the law firm for the defendants was not a top firm.
Results- Trump still made money, students perhaps learned something????
Defendants lawyers made the most out of the deal
Yep "the art of the deal"
.
I am not a lawyer, but your post indicates you have not read much about this case and WHY the suits.
"Following the release, earlier this week, of testimony filed in a federal lawsuit against Trump University, the United States is facing a high-stakes social-science experiment. Will one of the world’s leading democracies elect as its President a businessman who founded operated a for-profit learning annex that some of its own employees regarded as a giant ripoff, and that the highest legal officer in New York State has described as a classic bait-and-switch scheme?"
Trump University: It’s Worse Than You Think - The New Yorker (http://www.newyorker.com/news/john-cassidy/trump-university-its-worse-than-you-think)
The man made the right decision. If you read the background on this scam, he could testify, lie and face perjury, or settle.
Again, you folks believe what he says, without checking and he depends on that blindness
Rockyrd
11-19-2016, 09:57 AM
Lawyers and Accountants correct me if I'm wrong. $25,000,000 divided by 6,000 plaintiffs equals $4,166 each. Minus taxes on the settlement and percentage legal fees. Should be enough left for a week at Disney World for a family of four if you stay at the "All Star Sports Resort."
Incredibly, President-Elect Trump will have a $25,000,000 tax write off for 2016. Sounds like a win win outcome for all concerned. Maybe, not so much if you invested $35,000 of your retirement money in a non accredited "University".
Hmmmmm
"That’s many times more than the seven-figure total settlement that was being considered back when everyone assumed he wouldn’t get elected, a source apprised of the negotiations told the Post"
Trump agrees to settle Trump University fraud case for $25M | New York Post (http://nypost.com/2016/11/18/trump-agrees-to-settle-trump-university-fraud-case-for-25m/)
"
MDLNB
11-19-2016, 03:12 PM
I am not a lawyer, but your post indicates you have not read much about this case and WHY the suits.
"Following the release, earlier this week, of testimony filed in a federal lawsuit against Trump University, the United States is facing a high-stakes social-science experiment. Will one of the world’s leading democracies elect as its President a businessman who founded operated a for-profit learning annex that some of its own employees regarded as a giant ripoff, and that the highest legal officer in New York State has described as a classic bait-and-switch scheme?"
Trump University: It’s Worse Than You Think - The New Yorker (http://www.newyorker.com/news/john-cassidy/trump-university-its-worse-than-you-think)
The man made the right decision. If you read the background on this scam, he could testify, lie and face perjury, or settle.
Again, you folks believe what he says, without checking and he depends on that blindness
Isn't it a shame that Hillary won't be able to "settle" on her felonies? If she pleas guilty, maybe they will only give her a few years. Her millions ain't going to get her out of this bind.
Rockyrd
11-19-2016, 03:18 PM
Isn't it a shame that Hillary won't be able to "settle" on her felonies? If she pleas guilty, maybe they will only give her a few years. Her millions ain't going to get her out of this bind.
What is the obsession with Clinton ?
Race is over and not sure when or where this plea to something or other might be, but isn't it time to talk about Trump leadership, governing, etc.
janmcn
11-19-2016, 05:41 PM
Isn't it a shame that Hillary won't be able to "settle" on her felonies? If she pleas guilty, maybe they will only give her a few years. Her millions ain't going to get her out of this bind.
Two questions: what bind is that and what does Hillary have to do with Trump University? To plead guilty to something, you have to be charged with a crime.
We'll see if Trump follows through with his promise to appoint a special prosecutor. Threatening your opponent in any way is grounds for impeachment. This was included in the articles of impeachment filed against Richard M Nixon.
MDLNB
11-20-2016, 05:29 AM
Two questions: what bind is that and what does Hillary have to do with Trump University? To plead guilty to something, you have to be charged with a crime.
We'll see if Trump follows through with his promise to appoint a special prosecutor. Threatening your opponent in any way is grounds for impeachment. This was included in the articles of impeachment filed against Richard M Nixon.
B.S. Threatening justice is not grounds for impeachment, dummy.
janmcn
11-20-2016, 11:13 AM
B.S. Threatening justice is not grounds for impeachment, dummy.
Threatening justice is not grounds for impeachment, threatening your opponent IS grounds for impeachment.
MDLNB
11-20-2016, 12:09 PM
Threatening justice is not grounds for impeachment, threatening your opponent IS grounds for impeachment.
Oh, did Trump threaten his opponent? And you do know that he can't be impeached until he is president and only for those crimes committed WHILE in office. Or maybe you didn't know that.
jimbo2012
11-20-2016, 12:11 PM
How could he know that using MSM as his source
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