Trump loses in NY
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Federal case?
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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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And it still is an ungodly amount of money. I hope this case gives NYC a real estate black eye for a decade.
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The size of the fine is a direct result of the fact that the political strategy he has chosen for his court proceedings - namely to treat them with utter contempt - happens to be a very bad legal strategy.
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True, but do want to base the fair application of law on pique?
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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.
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Oh, bullshit.
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The judge actually stated that he showed no remorse and it was clear he would repeat the crime if given the opportunity. Therefore he made the damages punitive.
This was Trumps decision. Clearly he was told what the legal implications of his political strategy would be and chose to proceed anyway.
Now he’s finding out.