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[-] dhork@lemmy.world 90 points 8 months ago

The filing also listed President Joe Biden's son, Hunter Biden, as a creditor, without specifying the amount Giuliani owed him.

Aha! It's the smoking gun that they've been looking for all along! Direct evidence that Hunter Biden is accepting payments from a foreign agent!

[-] negativenull@startrek.website 49 points 8 months ago

The picture provided in that article is gold:
Giuliani

[-] badbytes@lemmy.world 4 points 8 months ago

Yeah, probably the best thing in article.

[-] MegaUltraChicken@lemmy.world 15 points 8 months ago

Someone better post that sweet Riker gif...

[-] ummthatguy@lemmy.world 29 points 8 months ago* (last edited 8 months ago)

Ok, I did the thing. Now what? Also great username! It is only legend.

[-] _number8_@lemmy.world 14 points 8 months ago

this is very very funny but also don't these sort of business ghouls just see this as paperwork and not a horrible shame thing like we would? like a sacrifice bunt or something

[-] AlwaysNowNeverNotMe@kbin.social 13 points 8 months ago

Ya I think drumpf filed like 4 times and people still think he can run a business.

[-] meco03211@lemmy.world 3 points 8 months ago

But he can run a business. Not well, mind you. But he can surely run it.

[-] gregorum@lemm.ee 6 points 8 months ago

Soon, he won’t be able to run one in the state of New York, lol

[-] AlwaysNowNeverNotMe@kbin.social 5 points 8 months ago

Legally he can't in a few states now.

[-] Psaldorn@lemmy.world 2 points 8 months ago

Anyone can run businesses into the ground

[-] Nommer@sh.itjust.works 11 points 8 months ago* (last edited 8 months ago)

I guess I don't fully understand how someone can file for bankruptcy but still be rich after. If all it does is ruin your credit for 10 years or whatever the cutoff is, then why should the rich care if they file? They already have money and enough of it that investors don't really care about their credit. Shouldn't the government be garnishing wages or something at least?

[-] lobut@lemmy.ca 5 points 8 months ago

Yeah I don't know how Alex Jones is just going along telling the government to get wrecked.

[-] krellor@kbin.social 9 points 8 months ago* (last edited 8 months ago)

There are different types of bankruptcy, for both businesses and individuals. One form of bankruptcy occurs when you plan to pay your creditors but need the courts help to consolidate and set terms because you have too many creditors or terms you can't comply with. There is also a kind that allows you to discharge certain types of debt.

I'd have to look into it but I'm guessing Giuliani is filling the structuring his debt kind because he owes dramatically more than he is worth. His debt likely can't be fully discharged in bankruptcy, but a judge can allow for the orderly sale of assets and structuring of payment, rather than a repossession frenzy.

Edit: he filed for chapter 11, which is the kind that will restructure his assets and set up a payment plan to his creditors, including the recent legal judgements against him.

[-] frezik@midwest.social 2 points 8 months ago

Many do, but probably not this time. Trump stopped taking his phone calls a while back, and he was scratching around for loose change, like doing Cameo. He probably doesn't have $147M in assets.

[-] Pratai@lemmy.ca 7 points 8 months ago

Real men should honor their debts. What a fucking coward.

[-] SCB@lemmy.world 2 points 8 months ago

I agree with your general view of Giuliani, but disparaging bankruptcy isn't the way to go.

More debts should be dismissable via bankruptcy, imo

[-] Pratai@lemmy.ca 11 points 8 months ago* (last edited 8 months ago)

Bankruptcy is for people with no other option. Not for clowns to use to get out of paying warranted fines for having been a piece of shit grifting traitor.

[-] SCB@lemmy.world 3 points 8 months ago

Real men should honor their debts

This has nothing to do with your response, though.

Bankruptcy for student loan debt would change millions of lives, as an example.

[-] Pratai@lemmy.ca 0 points 8 months ago

And as I said, bankruptcy to get out of paying a debt they can afford is for pieces of shit.

[-] ares35@kbin.social 6 points 8 months ago

watch him get jail time for faking his financials.

[-] jordanlund@lemmy.world 2 points 8 months ago

Amazed he had enough money to file TBH.

this post was submitted on 21 Dec 2023
153 points (99.4% liked)

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