Author Topic: Time for some proper due diligence/ independent auditing in our communities  (Read 302267 times)

Offline aygart

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Convicted? Ooof!
Pleaded guilty iinm
Feelings don't care about your facts

Offline Euclid

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Pleaded guilty iinm
Yeah. Couldn't find the right word for it so went with "convicted".

Offline flyingace

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Yeah. Couldn't find the right word for it so went with "convicted".
Indicted?

Offline Euclid

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Offline aygart

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Yeah. Couldn't find the right word for it so went with "convicted".

What's wrong with

Pleaded guilty

Feelings don't care about your facts

Offline Euclid

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Online Yehuda57

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A guilty plea by definition is a conviction

Offline yuneeq

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A guilty plea by definition is a conviction

Technically they are not the same.

"They are different stages in the process. The guilty plea is one stage; the sentencing is the final stage and when the actual "conviction" enters. People, of course, also have a right to appeal. People may also elect to file a motion to withdraw their plea. However, sentencing is usually when the offense is treated as a "conviction" and the person is sentenced for the offense. Occasionally, a judge will sentence a person on the same day as a plea. However, with more serious matters (felonies, occasionally some misdemeanor offenses) the judge usually sets the sentencing date for a pre-sentence interview and requests a pre-sentence report prior to sentencing. It should be noted, though, that for certain traffic offenses, the court will send an abstract to the Secretary of State after a plea and before a conviction. This means a person may be facing license sanctions even before their conviction is entered."

Also, a judge has the ability to reject a guilty plea. If someone is convicted, they are already guilty.
Visibly Jewish

Online hvaces42

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Future Care (Sam Stern) always gave Sterns.
Just reading this and LMAO. His father is Stern's.
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Offline MiInvstr

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And the sharks are beginning to circle:
https://viceroyresearch.org/wp-content/uploads/2023/11/Arbor-Slumlord-Millionaires-16-Nov-2023.pdf

Of course, they are trying to cash in on their short position in the stock but the narrative is not implausible.
And $ABR is in the news again with a DOJ probe. Is this something really concerning, or hyped up by the short sellers again?

Online jye

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Re: Time for some proper due diligence/ independent auditing in our communities
« Reply #1410 on: October 08, 2024, 06:46:00 PM »
B”H

Offline AsherO

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Re: Time for some proper due diligence/ independent auditing in our communities
« Reply #1411 on: October 08, 2024, 08:43:09 PM »
B”H

@jye

You might wanna delete this, I’d think it’s confidential…
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Offline Just A Jew

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Re: Time for some proper due diligence/ independent auditing in our communities
« Reply #1412 on: October 08, 2024, 08:45:28 PM »
@jye

You might wanna delete this, I’d think it’s confidential…

That ship has sailed...
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Offline justaregularguy

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Re: Time for some proper due diligence/ independent auditing in our communities
« Reply #1413 on: October 08, 2024, 09:10:32 PM »
Saw this elsewhere means absolutely nothing to me. Should it?
nothings impossible- the word itself says Im possible

Online jye

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Re: Time for some proper due diligence/ independent auditing in our communities
« Reply #1414 on: October 08, 2024, 11:22:11 PM »
@jye

You might wanna delete this, I’d think it’s confidential…
It’s all over the place. DDF is probably the least exposure.

Offline AsherO

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Re: Time for some proper due diligence/ independent auditing in our communities
« Reply #1415 on: October 08, 2024, 11:24:45 PM »
Saw this elsewhere means absolutely nothing to me. Should it?

That a big baal tzedakah is (hopefully) back in business.
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Offline Euclid

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Re: Time for some proper due diligence/ independent auditing in our communities
« Reply #1416 on: October 08, 2024, 11:26:58 PM »
That a big baal tzedakah is (hopefully) back in business.
Many of his employees are also big baalei tzedaka
« Last Edit: October 09, 2024, 12:12:05 AM by Euclid »

Online jye

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Re: Time for some proper due diligence/ independent auditing in our communities
« Reply #1417 on: October 08, 2024, 11:48:55 PM »
That a big baal tzedakah is (hopefully) back in business.
Let’s put it in perspective. The company will bear little relationship to the pushing-the-envelope-get deals-done-that-no-one-else-can place that existed in 2019. The price of reentry is heavy. Out of the box stretching the limit kind of  loans was their selling point and revenue driver.

Not anymore. There will be a lot of oversight and risk management for starters that will make it hard to differentiate themselves from other options. There will likely be special provisions for Freddie loans. There will also be other major changes in the company structure as well as other changes . Hopefully will revive the business but don’t expect anything like the heyday for the foreseeable future.

Offline AsherO

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Re: Time for some proper due diligence/ independent auditing in our communities
« Reply #1418 on: October 09, 2024, 11:37:48 AM »
Let’s put it in perspective. The company will bear little relationship to the pushing-the-envelope-get deals-done-that-no-one-else-can place that existed in 2019. The price of reentry is heavy. Out of the box stretching the limit kind of  loans was their selling point and revenue driver.

Not anymore. There will be a lot of oversight and risk management for starters that will make it hard to differentiate themselves from other options. There will likely be special provisions for Freddie loans. There will also be other major changes in the company structure as well as other changes . Hopefully will revive the business but don’t expect anything like the heyday for the foreseeable future.

I don’t think that was their only selling point, far from it.
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Online jye

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