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Letitia James’s Office Hits Back After Deutsche Bank Testimony Blows Hole in New York AG’s Case Against Trump
GATEWAYPUNDIT ^ | 11/29 | cristina laila

Posted on 11/29/2023 7:56:25 PM PST by bitt

New York Attorney General Letitia James’s office responded to testimony by a Deutsche Bank executive that could have torpedoed her civil fraud case against Trump.

Radical Marxist New York Attorney General Letitia James is seeking $250 million in ‘damages’ when there is no victim in this fraud case and she is also seeking to ban Trump and his sons from operating any businesses in New York. She accused Trump of inflating his assets and defrauding lenders and insurance companies.

A Deutsche Bank executive who worked to approve at least one of Trump’s loans testified on Tuesday that it is “atypical, but not entirely unusual” to reduce a client’s asset values and still approve a loan.

“A Deutsche Bank AG executive gave testimony that could bolster Donald Trump’s defense in his civil fraud trial, telling a New York judge that prospective clients can get loans even after reporting a net worth far higher than the lender’s own calculations.” Bloomberg reported.

“David Williams, who worked on at least one of three loans Deutsche Bank made to Trump in the years before he was elected president, testified Tuesday that it’s “atypical, but not entirely unusual” for the bank to cut a client’s stated asset value by 50% and approve a loan anyway, as it did with Trump,” Bloomberg reported.

Williams testified that Trump’s stated assets are merely an opinion and a difference of opinion in asset values does not disqualify the potential borrower from a loan.

“It’s just a difference of opinion,” Williams said, according to Bloomberg.

Trump’s defense attorney argued that Deutsche Bank conducted its own due diligence and made their own decision to loan Trump money.

“The bank conducted its own due diligence. The bank had no problem with a $2 billion or a $3 billion difference,” Trump’s attorney Christopher Kise said.

Kise also argued that the German bank wasn’t harmed because it “didn’t change what it did based on what President Trump submitted.”

more...


TOPICS: Breaking News; Crime/Corruption; Extended News; Government; Politics/Elections
KEYWORDS: deutschebank; letitiajames; trump; trumppersecution
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To: vg0va3
Ahh. Thanks. They put that entire backstory in the article and hid the payoff. What garbage writing. I enjoy GP. But their article formats stink. Btw. If the state believes that statute was violated then the state should have filed criminal charges. Not civil. What standing does the state have in this transaction? Civil court is so those that are harmed have a venue to seek relief because they do not have the authority to file criminal charges and extract damages like the state.

The thing is, this case shouldn't even be in this court, it should be in the commercial division, because, it deals with real estate. LJ, somehow, got this case in the civil court, instead. It shouldn't even have been brought, in the first place, but, when you have other lefties, covering your back, you can do anything.

61 posted on 11/30/2023 7:50:55 AM PST by Ez2BRepub (don't know)
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To: bitt

62 posted on 11/30/2023 8:57:36 AM PST by RasterMaster ("Towering genius disdains a beaten path." - Abraham Lincoln)
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To: owainG31

There’s a major problem with Letitia James’s case (among many):
<><>the govt certified tax assessor’s office accepted and adopted Trump’s property values.
<><>”If” they were inflated, it means he’s paying higher property taxes to the govt,
<><>but whether the figures were validated or not, the govt tax assessor accepted them unconditionally
<><>Trump’s figures were entered into official documents of record
<><>that means the Government accepted Trump’s figures without question
<><>Trump’s figures were certified by the govt taxing Trump accordingly.

If James wants to assert fraudulent behavior, she’s going to
have to take on the NY city tax assessor to explain the
govt’s unconditional acceptance of Trump’s figures.


63 posted on 11/30/2023 9:47:56 AM PST by Liz (Women have tremendous power — their femininity, because men can't do without it. Sidney Sheldon)
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To: Alberta's Child

Can’t let pesky details like that get in the way.


64 posted on 11/30/2023 1:30:03 PM PST by matt04 ( )
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To: noiseman

I have not followed this case, super closely, however, it is clear that judge is a partisan hack, and interjecting his personal opinions into the case.


65 posted on 11/30/2023 1:32:42 PM PST by matt04 ( )
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To: thegagline

I am not familiar with legal implications of a verdict in a civil trial. Are you saying whatever the lower court decides is the final decision? If true, that sucks.


66 posted on 11/30/2023 3:22:31 PM PST by entropy12 (Career politicians like Desantis build wealth. Trump sacrificed hit wealth to serve people. GO TRUMP)
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To: bitt

The bottom line for me is what was the appraised value for property taxes?

If it’s inflated don’t they owe Trump a refund?


67 posted on 11/30/2023 3:32:10 PM PST by Fledermaus (It's time to get rid of the Three McStooges; Mitch, Kevin and Ronna! 1 gone, 1 almost dead. )
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To: bitt

If they ever discover a medical cure for TDS, they should put it in the water supply.


68 posted on 11/30/2023 3:32:39 PM PST by know.your.why (<>)
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To: bitt

“Radical Marxist New York Attorney General Letitia James”

Finally someone describes the bitch accurately.


69 posted on 11/30/2023 3:48:08 PM PST by GrandJediMasterYoda (As long as Hillary Clinton remains free, the USA will never have equal justice under the law)
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To: HollyB

“There are no victims, no complainants, except for an intrusive DOJ . How do they live with themselves?”

OPM...

They’re spending other people’s money.


70 posted on 11/30/2023 3:55:18 PM PST by Does so ( 🇺🇦...Military-aged "migrants" to be hired into Obama's "Civilian Army"? Biden NOT DNC nominee!)
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To: entropy12
I am not familiar with legal implications of a verdict in a civil trial. Are you saying whatever the lower court decides is the final decision? If true, that sucks.

You can appeal a civil verdict. Generally, the party appealing would have to post a security bond. In the case of NY, the appeal would go before the Appellate Division of the Supreme Court. I think that all of the justices in the First Department (NYC) were appointed by Democrats. Ugh. My experience is that the law is whatever the liberal judges say it is without deference to stare decisis (precedent).

71 posted on 11/30/2023 3:57:36 PM PST by thegagline (Sic semper tyrannis! Goldwater in 2024)
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To: thegagline
Any conviction can be appealed all the way to SCOTUS

 Trump is being sued civilly. This isn’t a criminal case.

Article III Section 1:

The judicial Power shall extend to all Cases, in Law and Equity, arising under this Constitution, the Laws of the United States, and Treaties made, or which shall be made, under their Authority; to all Cases affecting Ambassadors, other public Ministers and Consuls; to all Cases of admiralty and maritime Jurisdiction; to Controversies to which the United States shall be a Party; to Controversies between two or more States; between a State and Citizens of another State; between Citizens of different States; between Citizens of the same State claiming Lands under Grants of different States, and between a State, or the Citizens thereof, and foreign States, Citizens or Subjects.
Article III Section 1:

In all Cases affecting Ambassadors, other public Ministers and Consuls, and those in which a State shall be Party, the supreme Court shall have original Jurisdiction. In all the other Cases before mentioned, the supreme Court shall have appellate Jurisdiction, both as to Law and Fact, with such Exceptions, and under such Regulations as the Congress shall make.

"Cases in Law" refers to 6th amendment trials.

"Cases in Equity" refers to 7th amendment trials.

In both 6th and 7th amendment cases, the Supreme Court has appellate jurisdiction.

-PJ

72 posted on 11/30/2023 4:06:07 PM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: Gay State Conservative
She’ll get her conviction.Why? New York.

I may be mistaken, but isn't Trump already convicted and this is the sentencing "trial".?

73 posted on 11/30/2023 4:22:24 PM PST by Cuttnhorse
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To: Gay State Conservative
She’ll get her conviction.Why? New York.

I may be mistaken, but isn't Trump already convicted and this is the sentencing "trial".?

74 posted on 11/30/2023 4:22:25 PM PST by Cuttnhorse
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To: thegagline

Civil cases are heard by SCOTUS all the time.


75 posted on 11/30/2023 6:02:33 PM PST by shadowlands1960 (We live in a world of intolerance masked as tolerance. RUSH LIMBAUGH)
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To: shadowlands1960
Civil cases are heard by SCOTUS all the time.

I didn’t say they weren’t. The usual path for a state civil case is for the case to work its way through the state appellate courts.

76 posted on 11/30/2023 6:15:13 PM PST by thegagline (Sic semper tyrannis! Goldwater in 2024)
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To: thegagline

The person you were replying to was probably working on the assumption that all the inferior courts would rubber-stamp an adverse decision for Trump. I don’t think it will get past Albany.


77 posted on 11/30/2023 6:21:04 PM PST by shadowlands1960 (We live in a world of intolerance masked as tolerance. RUSH LIMBAUGH)
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To: Political Junkie Too
In both 6th and 7th amendment cases, the Supreme Court has appellate jurisdiction.

Again, the case against Trump in New York is a state case. The Supreme Court of the United States hears three type of cases: 1) original jurisdiction, 2) Appeals from federal courts 3) Appeals from the highest state courts.

The Trump appeal would first be heard by the first district Appellate Division of the NY Supreme Court.

78 posted on 11/30/2023 6:32:49 PM PST by thegagline (Sic semper tyrannis! Goldwater in 2024)
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To: shadowlands1960
Thanks. The state appellate process usually takes a good bit of time. During my career, I've filed numerous appeals all of which have taken a very long time for the appellate courts to review and potentially hear a matter.
79 posted on 11/30/2023 6:42:10 PM PST by thegagline (Sic semper tyrannis! Goldwater in 2024)
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To: HollyB

It’s the state of NY, not DOJ.


80 posted on 12/05/2023 5:07:45 AM PST by MeanWestTexan (Sometimes There Is No Lesser Of Two Evils)
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