Double Bookkeeping News Today

>> donald trump becomes the first american president convicted of a felony after a new york jury found him guilty of 34 counts of falsifying business records. >> i did my job. we did our job. the only voice that matters is the voice of the jury, and the jury has spoken. >> its reckless. its dangerous. its irresponsible for anyone to say this was rigged just because they dont like the verdict. >> how will the historic verdict impact the 2024 race? >> the real verdict is going to be nove...

A look at breaking news, politics and reports from around the world. Collusion, wikileaks collaboration, or any other impropriety related to the 2016 election, which i thought was the subject of this probe. I understand she appeared voluntarily. I am highly confident she will testify truthfully if called upon to do so. Davis once ran a highend Prostitution Ring and went to jail in the scandal surrounding then democratic governor eliot spitzer. The remorse i feel will always be with me. Reporter ...

And im confident that we made the right choice for us at that time in pursuing the financial crimes investigation. as you know, it resulted in convictions. >> so, cy, if i can, let me ask you. when you were the manhattan d.a., you charged the trump organization, chief financial officer alan wieselburg, but did not pursue charges against donald trump himself. how much was the fact that he was a sitting president, former president weigh into that decision? >> well, i think, of course, it weighs in...

Still district attorney. he did not run for re-election. theres a new district attorney starting in december. they spent a lot of resources going to the supreme court twice to get tax records of donald trump. they have already indicted allen weisselberg, the cfo. its possible theyll indict the coo, who is calamari sr., and i think theres a lot going on. when you look at the case, people have said, oh, its just a benefits case, fringe benefits that werent recorded. this isnt that. this is a 15-ye...

The day. she will be back on monday. shes expected to take the stand at 1:00. >> what can you tell -- what can we tell, shimon, where the prosecution is heading, based on what weve seen for so far the way theyre setting up evidence of double bookkeeping, for example, fudged loan applications, and hidden offshore accounts? >> right, so, look, its clear they have a pretty strong case. they have e-mails from paul manafort to this accountant, to other people. there are notes, there are conversations...

Accounting, double bookkeeping here. because they are counting first of all on 3% growth over the number of years which is very optimistic. they are counting on a $2 trillion saving from higher growth to make it meet its mark to be revenue neutral and they are also counting on the $2 trillion to finance the tax cut that they plan to 3r0propose. so they are counting it twice. >> look, this whole budget like much of trumps proclamations is pretty frauds leapfraudulent. they are doing hocus-pocus a...