Trump loses in NY
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@LuFins-Dad said in Trump loses in NY:
Beyond that, we are dealing with Value. What is the value of these properties? Let me ask you a question. Is the value of my house what Redfin says? The tax assessor? Or is the value of my house what you are willing to pay and what I’m willing to accept?
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Trump can't raise the cash:
Trump, the billionaire former president and putative 2024 Republican presidential nominee, has told a New York state appellate court that he is not able to post a bond fully securing the enormous judgment awarded against him in the recent civil fraud trial.
I love this law...
- To appeal, you have to post a bond in the amount of the judgment
- The judgment is half a billion dollars
- No one has that kind of cash!
- Sorry, Charlie.
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Trump's bond reduced from half a billion (or so) to about a sixth of billion:
For the sake of comparison, Madoff's bond was $10 million.
SBF's BAIL was about half of Trump's bond was.
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@George-K said in Trump loses in NY:
Trump's bond reduced from half a billion (or so) to about a sixth of billion:
For the sake of comparison, Madoff's bond was $10 million.
SBF's BAIL was about half of Trump's bond was.
I assume a phone call or two was made.
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@George-K said in Trump loses in NY:
@Jolly said in Trump loses in NY:
True, but do want to base the fair application of law on pique?
"You're an asshole, so we'll fine you more."
I believe judges do this all the time. Show an attitude in court during sentencing? Ok, I'll add a few months or years. Usually there are sentencing guidelines/maximums but the judge can take the defendant's actions into account if they want to reduce the sentence.
Sam here, I think the judge here applied the law fairly. Trump owes a certain amount of money based on his illegal gains, and now has to pay it back. Perhaps he would've had to pay less back if he acknowledged his crime, but like Jon said, he took a different strategy.