Trump’s legal plight is becoming grimmer by the day, and a growing number of his political allies are openly beginning to wonder if he is worth the bother.
… until the roof caved in. Enron was accused of an astonishing raft of fraud, its accounting firm Arthur Andersen stood deeply complicit, and by the summer of 2002, both companies were in ashes.that year. “Every time George spoke on camera, the Dow Jones would melt through the floorboards. The shady, patently illegal dealings of his old company, Harken, were a regular topic for the news talk shows.
By September 2002, of course, everything had changed. The first anniversary of the 9/11 attacks arrived as the 20-year war in Afghanistan was into its ninth month, with the invasion of Iraq only six months away. The 2002 midterm elections were at the forefront of political discourse, and Bush adviser Karl Rove was instructing fellow Republicans to “run on the war.” Which one? It didn’t matter.
It was with no small surprise, then, to find myself greeted with the specter of Enron again after all these years, and all thanks to the ongoing legal travails of Donald Trump. As, Trump’s tussle with the Justice Department over his hoard of top-secret documents has put the disgraced energy juggernaut back into the center of the conversation:
Since the release of the search warrant, which listed three criminal laws as the foundation of the investigation, one — the Espionage Act — has received the most attention. Discussion has largely focused on the spectacle of the F.B.I. finding documents marked as highly classified and Mr. Trump’s questionable claims that he had declassified everything held at his residence.
But by some measures, the crime of obstruction is as, or even more, serious a threat to Mr. Trump or his close associates. The version investigators are using, known as Section 1519, is part of the Sarbanes-Oxley Act, a broad set of reforms enacted in 2002 after financial scandals at companies like Enron, Arthur Andersen and WorldCom.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Latinos for Trump leader warns Trump has 'offended the Lord,' must 'repent'Bianca Gracia said that Trump will have to surround himself with spiritual leaders in order to reverse his recent fortunes.
Read more »
Ex-Trump attorney warns Trump may have already 'given away' sensitive info'I stand firm when I say that Donald wants to use this in order to hold the country hostage,' Michael Cohen said. 'That's his goal.'
Read more »
Column: Remember when we thought George W. Bush was the worst president ever?Nicholas Goldberg: Remember when we thought George W. Bush was the worst president ever? (via latimesopinion)
Read more »
US: Review of possibly privileged Trump papers already overA legal filing shows the Justice Department has completed its review of potentially privileged documents seized from former President Donald Trump’s Florida estate this month.
Read more »
Trump legal team advances broad view of presidential powersA May 25 letter from one of Trump's lawyers attached as an exhibit to the search affidavit asserts a commander-in-chief has absolute authority to declassify whatever they want.
Read more »
Trump Bragged He Had 'Intelligence' on Macron's Sex LifeThe FBI seized a document with “info” on the French president during the Mar-a-Lago raid, and that has officials in both countries hunting for answers.
Read more »