Fairness for Trump?
By
Byron York
March 21, 2024 11:05 am
FAIRNESS FOR TRUMP? Former President Donald Trump has just days to come up with a bond, a nearly half-billion-dollar bond, to ensure that he will pay the outrageously excessive judgment against him in the lawsuit filed by New York’s Democratic attorney general, Letitia James. Nailing Trump has been a longtime goal for James — in her campaign for state attorney general, she pledged to “bring him down.” Now, with the help of a compliant judge — in New York, Trump did not have the right to a jury trial — James is threatening to confiscate Trump’s assets before he is even able to appeal the verdict against him.
It’s happening because under New York law, James can force Trump to put up the whole judgment, $454 million, before he can appeal. And if Trump doesn’t produce the cash or secure a bond for the money, James can seize his assets and sell them off. That is all before an appeals court can review the highly questionable proceeding against Trump.
It’s all in a case that was suspiciously weak from the very beginning. James alleged that Trump overstated the values of his various properties for purposes of getting better terms for big real estate loans. One big problem in the case was that the banks involved, the alleged victims of Trump’s alleged fraud, testified that 1) they made the loans based on their own assessments of the properties, not Trump’s; 2) they were paid back on time and in full; 3) they made money on the loans; and 4) they would do business with Trump again.
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https://www.washingtonexaminer.com/daily-memo/2931711/fairness-for-trump/
