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Trump’s $300 Million SPAC Deal May Have Skirted Securities Laws
faling NY slimes ^

Posted on 10/30/2021 9:55:07 AM PDT by janetjanet998

ust days after Donald J. Trump left the White House, two former contestants on his reality show, “The Apprentice,” approached him with a pitch. Wes Moss and Andy Litinsky wanted to create a conservative media giant.

Mr. Trump was taken with the idea. But he had to figure out how to pay for it.

This month, the former president found a way. He agreed to merge his social media venture with what’s known as a special purpose acquisition company, or SPAC. The result is that Mr. Trump — largely shut out of the mainstream financial industry because of his history of bankruptcies and loan defaults — secured nearly $300 million in funding for his new business.

(Excerpt) Read more at nytimes.com ...


TOPICS: News/Current Events; US: New York
KEYWORDS: andylitinsky; bogus; chat; chatforum; desperate; fakenews; faling; gettrump; mediawingofthednc; newyork; newyorkcity; newyorkslimes; newyorktimes; partisanmediashill; partisanmediashills; skirted; smearcampaign; theapprentice; wesmoss
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The former president began discussing a deal with a ‘blank check’ company early this year. Investors weren’t told.
1 posted on 10/30/2021 9:55:07 AM PDT by janetjanet998
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To: janetjanet998

Having “Trump” in a headline sells papers...


2 posted on 10/30/2021 9:55:54 AM PDT by cuban leaf (My prediction: Harris is Spiro Agnew. We'll soon see who becomes Gerald Ford, and our next prez.)
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To: janetjanet998
Trump’s $300 Million SPAC Deal May Have Skirted Securities Laws

Its the NY Times, of course it did.

3 posted on 10/30/2021 9:58:31 AM PDT by PGR88
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To: janetjanet998

I’m sure NY will investigate.


4 posted on 10/30/2021 9:59:25 AM PDT by JoSixChip (2020: The year of unreported truths. )
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To: janetjanet998

He ‘skirted security laws’, meaning he did nothing illegal and nothing that the other big shots don’t do on a regular basis. My question to the NYT reporters is ‘when will he be arrested’ and the answer will be ‘well, he hasn’t actually broken any laws, we just wanted to take another shot at Trump’.


5 posted on 10/30/2021 10:00:44 AM PDT by Roadrunner383
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To: janetjanet998

The same headline could read Trumps 300 million SPAC deal may have not skirted securities laws.


6 posted on 10/30/2021 10:00:51 AM PDT by blackdog (Jab Dodger. )
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To: janetjanet998

skirted? like tranny SEC laws?


7 posted on 10/30/2021 10:00:58 AM PDT by mylife (Joe Biden is like bald tires in the rain, Alec Baldwin with a gun..)
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To: janetjanet998

Mon Dieu!!


8 posted on 10/30/2021 10:01:36 AM PDT by LIConFem (Read up on Russia's Oct, 1917 Revolution... And prepare.)
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To: Roadrunner383

Bingo


9 posted on 10/30/2021 10:02:44 AM PDT by mylife (Joe Biden is like bald tires in the rain, Alec Baldwin with a gun..)
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To: janetjanet998

Alternative understanding. President’s Trump deal cleverly used existing laws to get this deal done.


10 posted on 10/30/2021 10:06:09 AM PDT by rigelkentaurus
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To: janetjanet998

I smell fear. The Pravda Machine is worried their information blockade is about to get busted.


11 posted on 10/30/2021 10:06:19 AM PDT by Nateman (If the Left is not screaming , you are doing it wrong.)
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To: janetjanet998

Bidens vaccine mandates are unconstitutional!


12 posted on 10/30/2021 10:06:24 AM PDT by Bob434
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To: All

37% of ALL voters say they will use Truth social some or alot, another 15% “not much”

Over 60 percent of Republicans plan to use Trump’s TRUTH Social: poll
https://nypost.com/2021/10/27/over-60-percent-of-republicans-will-use-trumps-truth-social-poll/?utm_source=twitter_sitebuttons&utm_medium=site%20buttons&utm_campaign=site%20buttons


13 posted on 10/30/2021 10:08:42 AM PDT by janetjanet998
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To: janetjanet998

Supposedly— this IS the NYSlimes... so this is a deep state continuing planted bullcrap article.... trying to defeat his every effort to unseat this cabal of swamp creatures by defeating their grip on Tech and public communication.

They went after his personal taxes, his son’s taxes, his non-profits and theirs and legitimate business ventures for which he has an entire division of accountants to represent to the IRS under near continual audit. Just like Pfizer is, btw.


14 posted on 10/30/2021 10:09:01 AM PDT by John S Mosby (Sic Semper Tyrannis)
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To: Roadrunner383
meaning he did nothing illegal

Of course, otherwise the obsessed Democrats in the Justice Dept. would have already launched a malicious prosecution against Donald Trump, and Big Leftist Media would be drooling all over it already

No prosecution? Guess he didn't do anything wrong then, huh?


15 posted on 10/30/2021 10:09:14 AM PDT by canuck_conservative
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To: janetjanet998

Hey nyt- what laws have hunter and pops broken over the years? Oh that’s right, you have no interest j. Pursuing any investigations of them. Too busy inventing crap about Trump to be bothered huh?

If it weren’t for lazy low info readers, the nyt would go bust


16 posted on 10/30/2021 10:09:29 AM PDT by Bob434
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To: janetjanet998

Remember this....Comey was the one person responsible for putting Martha Stewart in jail. Whatta guy!!


17 posted on 10/30/2021 10:09:33 AM PDT by Sacajaweau
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To: janetjanet998

He should have had Don Jr sell first grade art for hundreds of thousands and cut him 10%. That would have been perfectly fine.....


18 posted on 10/30/2021 10:11:58 AM PDT by neodad (USS Vincennes (CG-49) Freedom's Fortress )
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To: janetjanet998

Have Joe and Hunter broken any laws?


19 posted on 10/30/2021 10:12:09 AM PDT by ryderann
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To: janetjanet998

and the NYSlimes may have told the truth- but they usually don’t


20 posted on 10/30/2021 10:14:51 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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