Posted on 02/20/2024 6:07:13 PM PST by ChicagoConservative27
New York Attorney General Letitia James (D) is prepared to seize former President Trump’s assets if he does not pay the nearly $355 million verdict levied against him in a civil business fraud trial last week, she told ABC News on Tuesday.
“If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets,” she told ABC News.
The $355 million verdict and additional $100 million in prejudgment interest handed down Friday are the largest financial penalty levied against Trump and his companies amid his various legal cases. Legal experts have speculated that the massive penalty could require Trump to sell some of his real estate empire.
(Excerpt) Read more at thehill.com ...
Yes, it is.
“Because of the $100 million debt, Forbes magazine calculated the tower’s net worth at $371 million, excluding the Trumps’ three-story apartment”
So give them Trump Tower to fill with immigrants. Avoid the commercial office space crash and walk away from New York. Let them fill it with immigrants.
Fools.
“Isnt this an 8th amendment situation?”
Gee ya think? That “damages” amount is more than the total economy of Micronesia.
Typical “damages” are calculated as a factor or multiplier of an actual loss incurred.
What loss? None exists.
What, the evil ‘too big to fail’ banks and insurance companies made less on their premiums and interest?
That judge needs to be tarred and feathered.
This woman needs to be put down hard, legally. I compare
this to how most of us feel about a women claiming a
falsified rape. That person would deserve to serve the
penalty a man would have, if convicted falsely.
She should be wiped out by what she has perpetrated, and
that judge should be strung up by his family jewels.
I have no tolerance for this sort of thing.
NAG says...
Trump investments in North Korea would be safer than in the former U.S.
I wish I could say that your thought expressed here was not something that could happen.
But, so could she be drawing unemployment. A big hammer is slowly pounding away at “Universities”. Billions in dollars are already drying up for colleges and universities. See link below detailing 48 closures since 2020.
https://www.bestcolleges.com/research/closed-colleges-list-statistics-major-closures/coming.
If this stands, who will be next to have their properties seized by the state? Is this still communist and socialist nationalization when done by the state instead of the federal government? Will everyone in New York quietly surrender to the state? Will the US Supreme Court step in and put a stop to this?
Go ahead and destroy the companies
No Trump = reduced value and revenues
Trump inflated his assets to game the system. He’s only worth $5.00 good luck getting that $355M./s
$0
Is there a way around that for her????
Can Trump sell his properties in New York?
And get fair value for them?
He might be best off long term to sell them off to raise the money for the bond so he can move forward with the appeal.
When (if) he wins the appeal and gets his money back, take that money somewhere else to reinvest it.
New York is lost... and will NEVER regain it’s former glory.
The precedent has been set - they can go after ANYBODY and NOBODY is safe from them.
And they will continue going after Trump.... so leave NOW! Get out of their reach.
If she puts like a value of 18 million for Trump’s share of Tower, which is $330 Million she would be submitting false documents to the court.
She is now in the position of having to destroy her own case..............
And Letitia will ignore a USSC ruling like Joe ignored their ruling on student debts.
-Donald Trump, 2016 Presidential debates, in response to Hillary.
He was so spot on. Now is payback time for telling us.
She just says words she hears on TV. Blat retard.
1984 is taking a while, but it is getting closer, the signs are already visible
Where’s Tron?
Deutsche Bank recently stated they would continue loaning to Trump.
(Not that Google has helped me find that info).
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