MSNBC reporter Lisa Rubin said her “jaw almost dropped” when she realized Ivanka Trump’s testimony provided “proof” that Donald Trump “was robbing Peter to Pay Paul.”

Ivanka Trump testified Wednesday in the $250 million civil fraud case against her father. Donald Trump’s adult sons, Donald Trump Jr. and Eric Trump recently testified that they never knew details of the Trump Organization’s accounting practices. Both sons have also been charged in the case.

“At the very end of her direct, they elicited some information that also made my jaw drop, and it’s this: Donald Trump, as part of his lending agreements with Deutsche Bank promised them a number of things. One of them is that he guaranteed that he could repay the principal and the income and the operating expenses of whatever asset he was borrowing for. And that’s a big guarantee,” Rubin said, continuing:

  • Capt. Wolf@lemmy.world
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    1 year ago

    It shouldn’t have to be pointed out, but no, Trump didn’t take money from his kids piggy banks. He asked grown, functional adults to give him money. They are his children, yes, but this makes it sound like he snuck into their rooms at night and took it. They, as adults and of their own free will, engaged in business with him with the full knowledge of what he was doing.

    • Indie59@lemmy.world
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      1 year ago

      Yes, they are adults. But if he needed their money for the loan, then they should at minimum been a cosignatory on the loan. In a case about fraud, overextending your assets by “borrowing” from family is at the heart of the matter.

      • Capt. Wolf@lemmy.world
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        1 year ago

        I agree 100%.

        I’m just pointing out that quotes like the ones in the article makes it seem like they’re innocents he took advantage of, when in fact, they would have been very much aware of what he was asking for. This should very much be used against them in this case.

    • MummifiedClient5000@feddit.dk
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      1 year ago

      In fact, the mere though of him sneaking into his children’s bedrooms at night is downright bizarre.

      We all know that the only bedroom he’d sneak into at night was Ivanka’s.

    • theodewere@kbin.social
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      1 year ago

      she called them piggy banks because they are dumb vessels… they just do what he tells them, and he treats their “businesses” and bank accounts like temporary money storage for his scams… they already testified to not reading any important documents…

      • EmpathicVagrant@lemmy.world
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        1 year ago

        That’s all businesses function as for them all. Split the wealth and they don’t get hit as hard if part of it collapses or one of them is in trouble.

  • OldWoodFrame@lemm.ee
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    1 year ago

    Here’s hoping. Nothing proves the need for a stronger and higher inheritance tax than Ivankas 3 kids all being born hundred-millionaires off the back of their great-grandfather Fred Trump.