Church comments on SEC settlement

[Marcus]

I imagine the primary defense will be some version of not breaking the worst laws. Give the brethren a break - they didn’t trade insider information, smuggle funds or get rich.

Granted. They didn’t break jail-worthy laws. Is that the standard we hold prophets to now?

(Also, they asked those 13 “business managers” to perjure themselves on federal documents… potentially jail worthy)

LOL. this is like apologists being reduced to arguing Smith really only had provable sex with half his wives. As though that makes the adultery somehow more palatable.

[drumdude]

DCP loves to name drop and say that he personally knows how good these men are. How honorable and trustworthy they are.

He loves to do the same with Joseph Smith.

So we’re left with a prophet that begrudgingly gets it up to have extramarital affairs, and current prophets that begrudgingly lie about finances, all because they’ve supposedly been commanded by God to do these things against their honest nature.

It beggars belief. The obvious much simpler explanation is that these are just not honest men. And they’re not led by God.

[Morley]

Thank you for introducing and shepherding this thread, Moore. Your perspective and expertise have been invaluable.

[Moksha]

Another day with zero mention from DCP, the church’s most prominent apologist, about the scandal.

Instead he posted a list of places he has eaten at.

I totally agree with Dr. Peterson on this matter. Church members would benefit more from a Travel and Food blog than a recitation of bogus apologetics. I wish he could transition from his blog to a weekly YouTube presentation of his travels. His weekly sign-off could be, "The Church is true, and this food too."

[Everybody Wang Chung]

[Marcus]

Literally.

[drumdude]

Another day and another food blog. Again- It’s a smart move. Wait for this to all blow over. But it’s also a conspicuous one. DCP always has to get his thoughts out there even when he has no business giving them.

DCP practically lives to tell you what he thinks. This is the guy that had to remind us (5 years after Kate Kelly was relevant) that he still wasn’t thinking about her.

His silence on this is pretty loud.

[Doctor CamNC4Me]

Huh. From Reddit:

In 1961, Ballard was the president of Keystone Securities Corporation in Salt Lake City. The Securities and Exchange Commission opened an investigation into Keystone in 1962 after accusations that Ballard and Keystone had violated the Securities and Exchange Act of 1934 and the Securities Act of 1933. The investigation centered around "manipulation and fraud."

The SEC completed its investigation in 1963. Keystone, with Ballard as the primary cause, was found to have violated the Securities Act of 1933 in the following charges: providing false statements to the SEC, and aiding and abetting Shasta Mineral and Chemical Company in making false statements that included misrepresenting the relationships of the Shasta officers with both Ballard and Keystone. The SEC revoked the broker-dealer registration of Keystone as a result.

He gets off his mission and sells cars on his dads car lot, and a few years later takes over for Dad, and does the Edsel franchise, lost his shirt and shifted to the stocks and commodities business.

After a couple of years gets caught filing fraudulent financials for a client that was going public, gets investigated, and loses his license.

Then he got some investors and bought a Music Hall in Bountiful, and lost a bunch of money. The church bought the property from him so he could pay back his investors.

Turns out both of his granddads were apostles, Melvin Ballard, and Hyrum M Smith. After the church bailed him out, they called him as a Mission President, and then before his mission was over, they called him as a general authority.

Talk about failing upward. Pays to be connected in the Mormon mafia.

- Doc

[Kishkumen]

[Doctor CamNC4Me]

Don’t forget Quentin L. Cook did something similar, using shell companies to take over a public hospital in Marin, and lining his pocket with millions while doing it:

https://www.discussmormonism.com/viewto ... 6#p1577766

Shortly after that crap show, the LDS corporation recognized his talents and made him an apostle.

You can’t make this stuff up:

tl;didn’t google

Two hospitals in Marin were owned by the public, built on donated land. Quentin Cook, a partner in a law firm, volunteered his time to the hospitals. He and the CEOs of the two public hospitals negotiated a lease of the hospitals to a non-profit that later merged with Sutter health.

In lawsuits filed later against Quentin and the others, the sale was called the biggest theft of public property in Marin County history. Quentin had become an executive in the new organization and benefitted from the deal he helped facilitate, which was considered a violation of California law.

- Doc