Trump Ordered to Pay $355 Million and Barred From New York Business

Clearly the judge knows more about loans than Deutsche Bank.

 

of course it is if the banks involved are given false information and are not sufficiently robust in their oversight....we're going in circles.

 

.....Hi Gary....nice to meet you.....I assume you're one of the faithful...

 

Nope I look at obvious reality and call horse **** when I read same.

 

Banks don't take your word on what your assets are worth.

If you don't believe me, try to get a $100k loan on your $10k car.

Not only that, they won't even give you a loan for the full market value of any offered collateral.

All of this is irrelevant anyway, because this isn't the issue.

 

The sexual abuser may be acquitted on appeal, but, despite your pretending to be qualified in diagnosing psychiatric disorders, it will have nothing to do with the mental competence of those who filed charges and won their case.

 

Dude she has publically fantasized about being raped in interviews, her story was lifted almost verbatim from law and order, and the description her house in which keeps uncountable mice has pink trees, it all but literally screams there is some one in here who doesn't have all her oars in the water.

 

This judgement is medieval persecution not Due Process

New York Creates Precedent That Could Threaten Every Big Business In New York, and Send Them Fleeing, With Their Money, to Safer Climes; Kathy Hochul Reassures Them By Admitting This Law Will be Applied to Trump Only and No One Else

Jonathan Turley on the huge, and unconstitutional, penalty the open partisan hack judge levied on Trump -- and his demands that Trump put up the money for his exorbitant fine before Trump is allowed to challenge the fine as excessive.

'In the wake of the massive judgment against Donald Trump, many in New York are celebrating the prospect that the former president could be forced to sell off his property just to appeal the $355 million judgment against him. While Trump has good grounds to object to this excessive fine, he still has to come up with close to a half billion dollars just to make his arguments to the New York Court of Appeals.'

'Eighth Amendment to the United States Constitution

'The Eighth Amendment to the United States Constitution protects against imposing excessive bail/

Nearly a $1/2B to get a Court review is obviously only affordable by the immensely wealthy.

'In order to file an appeal, the courts require a deposit for the full amount of the damages or a bond covering the full amount.'

'Engoron has also decreed that Trump is not allowed to "do business" in New York, which includes borrowing from his previous lenders to pay the money for this bond.'

'In other words, Engoron has both levied an excessive fine against Trump, while simultaneously forbidding him from obtaining enough in loans to pay for the bond to protest the excessive fine.'

'Arthur Engoron imposed the astronomical fine despite finding that Trump's "victims" not only did not lose a single dollar but made handsome profits. Indeed, these banks testified that they wanted to continue to do business with Trump as a "whale" client, but Engoron is now barring them from doing so.'

Turley also writes that New York has essentially declared war on all real estate developers in New York.

'The fine is $355 million, but he slapped on an extra, and very round figure of $100 million, for "interest."'

To many of the Left's acting like it's a Thrill-Kill.

'And who would want to loan Trump money to cover the bond? Anyone who loans Trump money would be the next to be prosecuted by "Tish" James for non-crimes'

 

No it doesn't.

 

You can allow your political bias to dictate your opinion.

I'll respect the actual court ruling.

 

You will find that not to be the case here. https://www.cnn.com/2024/02/16/poli...d-trump-civil-fraud-trial-new-york/index.html

 

What do you mean “they were happy with the valuations”? The banks were not aware that Trump falsified them. Of course they got their money back and then some, but that’s not the point and you know that. They made less than they should have because Trump deliberately undervalued his properties.

Where is the evidence of this?

Even assuming you can point to evidence of banks openly saying they still want to work with Trump (highly doubtful), the fact that they can’t anymore is just an ancillary consequence to enforcing the law. We can’t let lawbreakers go unpunished just so others can continue to do business with them.

 

In their testimony. Note they barely cared about the evaluations. Why because Trump org always paid off loans usually early At a certain point that sort of history Trumps every thing else.

 

And you trust an obvious travesty because of your political biases.

 

Corrupt Left Mounts Medieval Attack On Trump Because He Will Now Bow To Their Unjust Demands That He Kneel

This Portion Of The Left Wants to Hold on to Unjust Power, but We the Resist. “The left wants to gobble up as much power as it can, and we’ve seen what Democrats are trying to do to Donald Trump because they see him as a threat. They won’t stop with him. You and I and anyone who believes in freedom and truth are in their sights. We conservatives are the resistance against this wholesale attempt to shut down anyone who stands in the left’s way.”


Crazed Demented Old Angry Fool

 

The thing to note in this regard is lower interest rates charged by banks based on fraudulent valuations caused the bank to be paid less than they ordinarily would have.

 

I have no partisan pretexts to whine about the American justice system, democracy, or law and order.

I respect a convicted individual's right to appeal any adverse court ruling, but that must be done under proper legal protocols.

Pissing and moaning publicly avails nothing.

 

I'll wait for your explanation about why the banks testified for the defense and stated that they were happy with the loans and want to do more. Of course government has eliminated that possibility. It is now the arbiter of whom banks can choose as customers. Apparently you and government feel that banks are incompetent.

And the stated reason for the outrageous award to the state was Trump's behavior. Hello this was a tort case, not a criminal one and behavior was not on trial. Well, I guess it really was.

It would also be interesting to get your opinion about the fact that virtually all real estate people in New York enhance property values without falling prey to an evil AG. The banks are fully aware of that. No victim, no fraud. PERIOD. If you can't see the obvious then I can't force you to see it.

I seriously worry about my country now that the justice systems prosecutes people instead of crimes and torts. Go reform your hateful political party.

 

Did nobody tell you this was not a criminal case?

 

So ? We took away a lot of his money. That's a good thing to do to a criminal.

 

If you believe that then I hope it happens to you one day. Seriously.

 

Since I'm not a criminal, I have no worries. Are you a criminal, that you would be so concerned with this matter ? Seriously.

 

Great.

Go ask for a $20k loan for a pencil as collateral and report back to us on real world reality vs CNN nonsense.

 

You know what I think would be interesting?

What would NY do if Trump just abandoned his properties in NY and let the state have them.

Suddenly they'd be in possession of something nobody would want to buy, and be on the hook for things like the million dollar land lease that 40 Wall Street is on, as well as becoming landlords for all the current tenants living in the building.

 

No. I fear that weaponized prosecution could be an existential threat to the nation just like open borders.