News
‘They’re Going to Go Out of Business’: George Conway Dumps on Trump Jr’s Testimony
During an appearance on MSNBC’s “Morning Joe,” attorney George Conway asserted that Donald Trump Jr’s testimony in a Manhattan courtroom on Wednesday did nothing to keep the Trump Organization from eventually being dismantled due to years of financial fraud.
On Wednesday, the former president’s namesake took the stand in Judge Arthur Engoron’s courtroom and tried to lay blame for the dummied-up valuations of Trump properties on the Trump Organization’s accountants while portraying himself as a passive observer.
According to Conway, Trump Jr’s testimony probably didn’t move Judge Engoron, who has already has ruled he sees criminal conduct by the Trump executives who are at the center of New York Attorney General Letitia James’ $250 million civil suit.
POLL: Should Trump be allowed to run for office?
“This isn’t going to help,” Conway said of the testimony before adding, “The judge can take findings and say, ‘I don’t believe that he didn’t remember that. I don’t believe that he was relying on the accountants. The story doesn’t make any sense.'”
“It doesn’t even matter. he can find beyond a — all you have to do is find a 50.01 percent, more likely than not, that there was fraud committed, and they knowingly did that,” he added. “It’s easy to do, and the judge will make credibility findings and say these people are all liars.”
Asked if the Trump Org can appeal an adverse ruling, Conway explained, “They probably will get a stay pending appeal, but you have to post a large bond. It may take a couple of years for this to pan out in the appellate courts, but there’s already been an interim receiver appointed. They basically can’t move assets around, can’t hide them — they’re stuck.”
“That’s one of the reasons, I think, why he is so mad.: Donald is upset and showing up at the trial every day,” he elaborated. “Basically, he’s in financial handcuffs already. Who is going to loan money to these people? They’re going to go out of business.”
Watch the video below or at this link.
Enjoy this piece?
… then let us make a small request. The New Civil Rights Movement depends on readers like you to meet our ongoing expenses and continue producing quality progressive journalism. Three Silicon Valley giants consume 70 percent of all online advertising dollars, so we need your help to continue doing what we do.
NCRM is independent. You won’t find mainstream media bias here. From unflinching coverage of religious extremism, to spotlighting efforts to roll back our rights, NCRM continues to speak truth to power. America needs independent voices like NCRM to be sure no one is forgotten.
Every reader contribution, whatever the amount, makes a tremendous difference. Help ensure NCRM remains independent long into the future. Support progressive journalism with a one-time contribution to NCRM, or click here to become a subscriber. Thank you. Click here to donate by check.