Posted on 02/17/2024 7:03:56 AM PST by Libloather
Legal experts analyzed what they called "breathtaking" civil penalties against former President Donald Trump, Donald Trump Jr., Eric Trump, former Trump Organization Comptroller Jeffrey McConney and ex-CFO Allen Weisselberg – warning other corporations based in the Empire State may realize they could suddenly be put out of business by the state on a political whim.
New York Supreme Court Judge Arthur Engoron found Trump liable for more than $350 million in damages in the fraud suit brought against him and his company by New York State Democratic District Attorney Letitia James.
Trump Sr., the Trump Revocable Trust and Trump Organization were found liable for $60 million, while Trump's sons and Weisselberg were found liable for $4.01 million each – and Trump Sr. plus several entities including the Trump Organization and the LLC signifying Trump's Chicago hotel were banned from applying for loans with institutions registered with New York for three years.
The three Trump family members were also banned from serving as executives of any business or legal entity based in New York for a similar length – which is key, as the Trump Organization is housed at its iconic tower at 5 Av and E. 57th Street.
In that regard, former Bush White House press secretary Ari Fleischer told Fox News the ban may spur Trump to relocate his entire business empire to Florida, just as he has his primary residence.
"If you're Eric [or] Donald Junior, what are you going to do?" he asked.
"[Y]ou just say goodbye to New York, which fits a pattern that many successful people have been doing and leaving New York because New York is just too political, too blue and too punitive – you're seeing that in the business community and among upper income New Yorkers already," he said – adding...
(Excerpt) Read more at foxnews.com ...
HOW MANY PAYCHECKS ARE SIGNED BY TRUMP EVERY MONTH?????
“Dying societies accumulate laws like dying men accumulate remedies.” — Nicolás Gómez Dávila
BANKS ARE ALSO HAMMERED—ALONG WITH REAL ESTATE BUSINESSES
This was an unconstitutional excessive fine that will be overturned.
-PJ
WYATT’S TORCH
ROADS RUN BOTH WAYS.
THEY CAN MOVE
Not real sure it’s even a good place to live for anybody, even though the state does have a number of tourist attractions.
https://twitter.com/i/status/1758596706558431392
Kevin O’Leary had a fairly straightforward comment about all this....
More they only come for Trump and sons, everyone else is safe from tyranny...
Rudy Giuliani files for bankruptcy, facing mounting legal fees
https://www.axios.com/2023/12/21/rudy-giuliani-bankruptcy-debt
House Speaker Mike Johnson blasts Biden, Adams for ‘abdication of duty’ after migrants force NYC students from school
Elon Musk issues warning after NYC students pushed out of school to house migrants: ‘Will come for your homes’
Daniel Penny faces up to 15 years on 2nd-degree manslaughter charge in chokehold death of Jordan Neely
https://nypost.com/2023/06/14/daniel-penny-indicted-in-chokehold-death-of-jordan-neely/
A New York bodega worker is facing a murder charge after fatally stabbing a man who attacked him
https://www.cnn.com/2022/07/11/us/new-york-bodega-stabbing-murder-charges/index.html
Alvin Bragg Under Fire for Releasing Migrant Suspects Who Attacked Cops
https://www.newsweek.com/alvin-bragg-under-fire-releasing-migrant-suspects-who-attacked-cops-1866449
The appeals court has already reversed the judge 4 times on this case. He has just ignored their rulings.
Back in the mid-60’s Uncle Sam (he was benevolent then) had me living in Massachusetts. We would frequently take meandering Sunday afternoon drives, sometimes wandering into NY. Night and day. Everything looked shabby in NY. Same phenomena I experience now crossing the state line from illannoy into Wisconsin.
Ignore the judge.
The Judicial Branch is out of control and operating unconstitutionally.
So tell it to pound sand. What are they going to do? Arrest Trump by force?
Good luck with that.
Or just shoot them.
Problem solved.
Just show them the property tax assessments.
True- that’ll work as well- ask the appeals judge why the property tax is so high if the building was worth only $18,000,000 according to ergeron- and ask the judge to clarify why the ruling was so high against him when he did nothing wrong-
Fledermaus wrote:
“
Or just shoot them.
Problem solved.
“
Better to move outta noo yawk.
bttt
If I wanted a loan in New York, I would start a declaratory court case for every loan now, asking that the court approve my valuation of my proposed collateral for any loan, and getting a court decree as to that value. Otherwise, I would be charged with fraud if my betters thought it necessary to stifle me.
Could the courts handle so many lawsuits?
The judge is corrupt and he likes to posts shirtless selfies on the internet.
No jury. Has millions that he cannot explain.
Rukshan Fernando
@therealrukshan
Breaking: President Trump becomes first man fined by a court for paying back loans on time with interest to banks that want to do more business with him
Catturd ™
@catturd2
In NYC …
If you apply for a loan at a bank.
The bank approves the loan.
Then you pay your loan back in full, leaving everyone happy.
You’re guilty of fraud and have to pay $400 million dollars.
Dwayne H Olson
@dholson84
Meanwhile: Those who take out student loans don’t have to repay them at all. Huh?
Joe Pags Pagliarulo
@JoeTalkShow
anyone saying anything derogatory about @AlinaHabba
or any of Trump’s lawyers — educate yourself. The judged ruled against Trump on day one BEFORE testimony. Trump’s lawyers were NOT allowed to ask for a jury. Trump’s lawyers were NOT allowed to present evidence. Get it now? This is “LAWFARE.” So, check yourself.
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