well, there is no quote from James in that article. It’s from one of her lackey’s.
Judge Arthur Engoron sided with the attorney in Letitia James’ office and said, “that the mere fact that lenders were happy doesn’t mean that the statute wasn’t violated.”
For those who did not read the article:
Kevin Wallace, a lawyer from Letitia James’s office hit back at the defense lawyer.
“I think the idea that you can’t lie to a bank is pretty well established,” Wallace said.
Does anyone what the statute says, that the judge referred to?
But in my opinion the statute only comes into play when harm resulted to one or more parties of the loan, and there were no such harmed parties in these loan deals.