New York Attorney General Tish James’s case against Donadl Trump and others is the scond loss for him and his company…..
With this loss and the E. Jean Carroll judgement?
Trump IS due to shell out almost a half a BILLION DOLLAR’S in Civil judgement fines ….
And?
He’s barred from doing business in New York State….
The place where he was born and raised and his father and he made hundreds of millions…..
The fine will be appealed….
But Trump has to putdown almost a HUNDRED Million to do the appeal…..
We’re talking about a LOT of damn money the guy just lost….
The court orders a overseer of his businesses for 3 years
Will he start a ‘Go Fund me’ page?
Things begin a downward trend for the ex-President who also has his first criminal trial coming in a month….
Note….
Both Trump son’s have to pay $4M each …
A New York judge on Friday handed Donald J. Trump a crushing defeat in his civil fraud case, finding the former president liable for conspiring to manipulate his net worth and ordering him to pay a penalty of $355 million that could wipe out his entire stockpile of cash.
The decision by Justice Arthur F. Engoron caps a chaotic, yearslong case in which New York’s attorney general put Mr. Trump’s fantastical claims of wealth on trial. With no jury, the power was in Justice Engoron’s hands alone, and he came down hard: The judge delivered a sweeping array of punishments that threatens the former president’s business empire as he simultaneously contends with four criminal prosecutions and seeks to regain the White House.
Not only did Justice Engoron impose a three-year ban preventing Mr. Trump from serving in top roles at any New York company, including his own, but the judge also applied that punishment to the former president’s adult sons for two years and ordered that they pay more than $4 million each. One of the sons, Eric Trump, is the Trump Organization’s de facto chief executive, and the ruling throws into doubt whether any member of the family can run the business in the near term.
jamesb says
Update……..
Trump IS fundraising of this already,,,..
MSNBC raises the question of the Trump ‘Brand’ ne damaged….
Also?
Trump will have oversight of his businesses
And?
Remember that $75M IRS audit?
Trump gambled on the?
He LOST….
Big Time….
The judge got EVEN
jamesb says
Trump gives his reply……
He STILL is crying……
People are going to move out of NY because of his loss….
He just rants in circles
Donald John Trump is trying to REDO the case in the media……
He’s a VERY SAD man……
Scott P says
Hard for anyone to argue this has been a good week for the GOP.
If they weren’t such a cult this would be the perfect time to jettison their front runner with 47 states still to hold primaries or caucuses.
jamesb says
Wouldn’t it, Eh?
jamesb says
Raw Story
@RawStory
‘A lot of pain’: Ex-prosecutor says Trump will have to sell properties left and right
jamesb says
Can Trump Use Campaign Funds to Pay Legal Judgments</strong>?
Politico: “The courts don’t have restrictions on the sources of funds used to pay judgments, and Trump would surely like to tap other funds than whatever money is in his own personal accounts. He could transfer assets from the Trump Organization to himself in order to help satisfy the judgments.”
“Using his political vehicles to pay would be far trickier. There is a general ban on using campaign donations for personal uses unrelated to a campaign or the official duties of an officeholder. And as for his political action committees, Richard Pildes, a professor of constitutional law at New York University law school, said they can’t pay Trump’s judgments.
Politicalwire
jamesb says
Andrew Weissmann@Twitter
How Trump will pay the $ half billion in new court judgments? It will be complicated: He surely has bank liens on his property and signed a personal guaranty for the Deutsche Bank loans, and may also have liquidity requirements to maintain the loans.
Scott P says
The GOP’s 2024 Campaign Message is Falling Apart
https://www.thedailybeast.com/the-gops-2024-campaign-message-is-falling-apart?ref=home?ref=home
jamesb says
Damn REAL…….
They are following the Trump do nothing cho
Chaos…..