Some of the legal experts I saw this morning said, it’s very difficult to know how much equity Trump actually has in his properties, since he keeps that information very private. The equity is what counts, if they are actually trying to excise money from Trump, and not from some bank that might actually own the building close to outright, but it just happens to have Trump’s name on it for marketing.
Therefore they hypothesized they may try to call Trump and his accountants in, and attempt to force them to testify under oath as to which properties have the most equity, and then use that as justification for why those specific properties are being targeted for seizure. In that scenario, Trump Tower may not be high on the list, as its individual condos are mostly owned by others.
What would be interesting is if they determine Mar-a-Lago is the property that he has the most equity in, and used that as justification to try to seize it, even though it is his personal home, and not even in New York. That attempt would be the one that would probably gather the most sympathy, even over Trump Tower.
Why Trump hasn’t filed the plea with a federal court for an 8th amendment violation yet, is the question for me. I’m thinking it indicates he’s either going to try to play this politically, more than legally, as this article infers, OR, more likely, he has a suitor or suitors waiting in the wings waiting to bail him out at the last minute, if needed. He still has some time, while he’s waiting on the ruling to see if the fine will be reduced under that appeal.
Those "legal experts" sound like they're as retarded as Leticia Mugabe James.
How does the State of New York pursue a civil lawsuit against Donald Trump for fraudulently overstating the value of his net worth if they don't already know these details of his financial positions?
Therefore they hypothesized they may try to call Trump and his accountants in, and attempt to force them to testify under oath as to which properties have the most equity, and then use that as justification for why those specific properties are being targeted for seizure.
Brilliant. See my previous point. That's like questioning the suspect in a murder case after he's already been convicted of murder and sentenced to life in prison. Did any of these morons even go to law school? No -- strike that. Did any of these morons even get through middle school?