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Culture War Roundup for the week of February 14, 2024

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Maybe if they prosecuted literally anybody else for financial crimes in the State of New York, I'd believe you.

Are you suggesting that Trump is the first person to ever be found liable for fraud in New York? I'm willing to bet a large amount that's not true.

If you are going to keep making this claim you need to show another victimless fraud case that occurred that had zero pressure from an victim pushing for prosecution.

We can avoid discussing whether Trump did fraud. Just show me a victimless fraud case in NYC.

Here.

It's pretty rich to claim that that's "victimless", because if that is true, it would have undercut the justification for the case. That case is clearly premised on securities fraud harming either existing shareholders or shareholders who bought shares based on the fraudulent claims. Moreover, it is inconceivable that this had "zero pressure" from a victim (or at least a self-proclaimed victim), because lots of people think they're "victims" of climate change (and thus, any potentially fraudulent statements made about it). It's the foundation of the case, whether or not it is ultimately flawed, and that foundation is contrary to how you've portrayed it.

This is vastly better binned in the Matt Levine category of "Everything Is Securities Fraud". We know, it is baked in, that literally any conceivable case of securities fraud (literally "Everything", says Levine) will at least be attempted at some point. It's like Rule 34 for a particular statute.

But yeah, if you think that the Trump case is most akin to an area where everyone pretty much agrees that it's all just lawfare, grasping at every possible iteration of a theme, often specifically to pursue specific political goals (like climate change) rather than focusing on remedying fraud-as-traditionally-understood, then I think the point is actually made.

There is like 30 pdf in there. Explain relevance and how it applies.

You asked for

another victimless fraud case that occurred that had zero pressure from an victim pushing for prosecution.

I provided it. If you don't want to read it, don't ask for it.

Generally providing a summary of the case etc are considered proper form.

Assuming you are providing an equivalent case that would mean it’s been used twice - once to target an oil company which is a blue tribe political enemy and once to target Donald Trump a blue tribe political enemy.

It's been used much more than twice - the law has been on the books since the 50s.

I picked this case specifically because it was so clearly politically motivated, because that made it easy to have confidence that it was not actually motivated by Exxon investors who felt victimised. If you want to shift the goalposts and ask for a non-political 63(12) case instead, I can find one of those.

It looks like it fits.

Msnbc host still saying it’s never happened before.

Regardless this would still fall under blatant lawfare. And I don’t see 600 million in damages.

You quoted shrek before but there was clear fraud there and investors did lose though I believe he made them while elsewhere.

And NY lost that case. So the charge was brought but the Judge acted properly.

I'm not sure what any of this is saying.