Judge rules Donald Trump defrauded banks, insurers while building real estate empire

Gargleblaster, 8 months ago

Why did it take so fucking long for anyone to do anything about it?

fiat_lux, 8 months ago

For anyone else wondering but who doesn't want to click:

Manhattan prosecutors had looked into bringing criminal charges over the same conduct but declined to do so

If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties in the state.

So again, the worst punishment for the rich is having a small portion of their ill-gotten gains taken away. The people of Manhattan need to get on their prosecutor's cases and get some criminal charges going.

jordanlund, 8 months ago

It’s a little bit more than that, but we won’t know what until the trial on Monday.

Possible outcomes:

Trump org is dissolved.
Assets are seized.
Trump, Jr., and Eric are banned from ever being corporate officers in NY.
5 year ban on obtaining loans.

fiat_lux, 8 months ago

Here's hoping, but I dont have much faith that they haven't already shell-gamed the good assets into other non-NY companies.