special grand jury convening mean, what tea leaves are you reading here? and what is the significance of the manhattan d.a. and state attorney general essentially combining some grand jury resources? well, i do think it s important to put it in context. because just because a grand jury is convened doesn t mean that there will be an indictment. but here, there s a lot more. to remind viewers, you have the manhattan district attorney has won two supreme court cases to get the accounting records of the trump organization. he has brought in in a way that is quite unusual outside experts, an accounting expert from fti, an outside accounting firm. a partner from paul weisz, who is an expert prosecutor and defense lawyer, and now, as you mentioned, chuck, people from the new york attorney general s office, who have been conducting
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denied the accusations and noted that the report was bankrolled by a hedge fund which stood to gain from losses in g.e. shares of the author of that report harry markopoulos is known on wall street for under covering the multibillion dollar ponzi scheme run by disgraced financier bernie made off a name that you may be familiar with so markets taking this accusation very seriously despite the fact that the person behind it could profit from g. s losses what s going on. while as you mentioned an accounting expert who raised concerns about bernie made a ponzi scheme back in the day it s now comparing g.e. accounting practices had to end with ones and their losses up to 38000000000 dollars let. and although forgive that and loss one if not the biggest corporate fraud in history and according to to his analysis g.e. is heading to insolvency and has been changing its financial statement reporting for months every years every few years to make it impossible to compare numbers but