Author Topic: 1 of 4? New York judge finds Donald Trump liable for fraud  (Read 11354 times)

Dos Equis

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #300 on: February 28, 2024, 02:24:37 PM »
So he requested a $100M bond because the judge prohibited him from borrowing money.  This decision lifts that loan restriction. 

It may take getting to the U.S. Supreme Court, but no way does this thing stand.   

Judge declines to pause Trump's $454 million fraud penalty, but halts some sanctions
Updated on: February 28, 2024
https://www.cbsnews.com/news/trump-fraud-appeal-bond-new-york/

Primemuscle

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #301 on: February 28, 2024, 03:14:22 PM »
So he requested a $100M bond because the judge prohibited him from borrowing money.  This decision lifts that loan restriction. 

It may take getting to the U.S. Supreme Court, but no way does this thing stand.   

Judge declines to pause Trump's $454 million fraud penalty, but halts some sanctions
Updated on: February 28, 2024
https://www.cbsnews.com/news/trump-fraud-appeal-bond-new-york/

Do you think the banks will grant him signature loans for hundreds of millions of dollars? Don’t you suppose they would require collateral to assure repayment? All the fines, interest and penalties might bleed him dry.

Is Trump considered trustworthy by lenders? He claims to be over $10 billion, but estimates put that figure closer to $2 billion. The request to reduce the bond to $100 mil supposedly because he cannot pay the full amount owed, conflicts with his claims of wealth.

Trump owes another $110,000 for refusing to comply with a subpoena in the civil fraud case and $15,000 for repeatedly disparaging the judge’s law clerk in violation of a gag order. As part of Friday’s ruling, the judge also ordered both of Trump’s sons to pay $4 million apiece.

Trump’s court-ordered debts do not end there. Last month Judge Robert Reed ordered that he must pay $400,000 in legal fees to The New York Times after suing the newspaper unsuccessfully. He is currently appealing a judgment of $938,000 against him and his attorney for filing what U.S. District Court Judge Donald Middlebrooks, described as a “frivolous” lawsuit against Hillary Clinton.

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #302 on: February 28, 2024, 03:17:43 PM »
Do you think the banks will grant him signature loans for hundreds of millions of dollars? Don’t you suppose they would require collateral to assure repayment? All the fines, interest and penalties might bleed him dry.

Is Trump considered trustworthy by lenders? He claims to be over $10 billion, but estimates put that figure closer to $2 billion. The request to reduce the bond to $100 mil supposedly because he cannot pay the full amount owed, conflicts with his claims of wealth.

Trump owes another $110,000 for refusing to comply with a subpoena in the civil fraud case and $15,000 for repeatedly disparaging the judge’s law clerk in violation of a gag order. As part of Friday’s ruling, the judge also ordered both of Trump’s sons to pay $4 million apiece.

Trump’s court-ordered debts do not end there. Last month Judge Robert Reed ordered that he must pay $400,000 in legal fees to The New York Times after suing the newspaper unsuccessfully. He is currently appealing a judgment of $938,000 against him and his attorney for filing what U.S. District Court Judge Donald Middlebrooks, described as a “frivolous” lawsuit against Hillary Clinton.

Trumpy knows that appealing this will not matter.  He will appeal and then do everything to delay and drag the case out even longer.  And then he will appeal that other court's decision, on and on... because his only hope is winning and trying to pardon himself. 

No bank is going to lend him money. 

Dos Equis

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #303 on: February 28, 2024, 03:24:17 PM »
Do you think the banks will grant him signature loans for hundreds of millions of dollars? Don’t you suppose they would require collateral to assure repayment? All the fines, interest and penalties might bleed him dry.

Is Trump considered trustworthy by lenders? He claims to be over $10 billion, but estimates put that figure closer to $2 billion. The request to reduce the bond to $100 mil supposedly because he cannot pay the full amount owed, conflicts with his claims of wealth.

Trump owes another $110,000 for refusing to comply with a subpoena in the civil fraud case and $15,000 for repeatedly disparaging the judge’s law clerk in violation of a gag order. As part of Friday’s ruling, the judge also ordered both of Trump’s sons to pay $4 million apiece.

Trump’s court-ordered debts do not end there. Last month Judge Robert Reed ordered that he must pay $400,000 in legal fees to The New York Times after suing the newspaper unsuccessfully. He is currently appealing a judgment of $938,000 against him and his attorney for filing what U.S. District Court Judge Donald Middlebrooks, described as a “frivolous” lawsuit against Hillary Clinton.

Yes the lenders will likely require some kind of collateral for a bond.  He owns millions in property, so that shouldn't be a problem. 

If you're asking whether he is trustworthy to lenders then you didn't follow the trial in this case.  The banks testified on his behalf and said he repaid millions in loans with interest.  The banks also referred to him as a "whale," which is a client that does big business, is a good risk, and someone they want to do more business with. 

Primemuscle

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #304 on: February 28, 2024, 05:00:02 PM »
Yes the lenders will likely require some kind of collateral for a bond.  He owns millions in property, so that shouldn't be a problem. 

If you're asking whether he is trustworthy to lenders then you didn't follow the trial in this case.  The banks testified on his behalf and said he repaid millions in loans with interest.  The banks also referred to him as a "whale," which is a client that does big business, is a good risk, and someone they want to do more business with.

Equis, once again you do not know what I followed. I am aware how the banks testified regarding previous experiences with making loans to Trump. When it comes to borrowing money that was then and this is now. A person's credit score is only as good as it is now. Updates on credit scores are monthly. In 2016 Trump's business credit score  was 19 out of a possible 100. Note: personal credit scores fall on a scale of 300 to 850, while business credit scores range from 1 to 100.

According to the FOX News story, 'The Nav report said the score indicates the Trump Organization “is very likely to default on its credit payments” and that “this will make it difficult to get financing.” It puts Trump’s Organization in a “medium-to-high risk” category.

If Trump owns millions of dollars in property, their value depends on the amount leveraged. From what I read; his overseas business empire is on the rise. Whether this means he has holdings in other countries which could be used as collateral, I do not know.

On the plus side for Trump's financial picture is his potential for the RNC nomination is great. His multiple other legal problems could negatively impact lenders approving his requests for financing.






Dos Equis

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #305 on: February 28, 2024, 06:40:26 PM »
Equis, once again you do not know what I followed. I am aware how the banks testified regarding previous experiences with making loans to Trump. When it comes to borrowing money that was then and this is now. A person's credit score is only as good as it is now. Updates on credit scores are monthly. In 2016 Trump's business credit score  was 19 out of a possible 100. Note: personal credit scores fall on a scale of 300 to 850, while business credit scores range from 1 to 100.

According to the FOX News story, 'The Nav report said the score indicates the Trump Organization “is very likely to default on its credit payments” and that “this will make it difficult to get financing.” It puts Trump’s Organization in a “medium-to-high risk” category.

If Trump owns millions of dollars in property, their value depends on the amount leveraged. From what I read; his overseas business empire is on the rise. Whether this means he has holdings in other countries which could be used as collateral, I do not know.

On the plus side for Trump's financial picture is his potential for the RNC nomination is great. His multiple other legal problems could negatively impact lenders approving his requests for financing.

Banks loaning millions of dollars to billionaires do not care about credit scores. 

I didn't see or read the report you are talking about, but Trump is not going to have a problem getting a loan. 

But the bigger issue is he shouldn't have to worry about partisan zealots trying to bankrupt him solely to keep him from winning the presidency.  This lawfare is outrageous. 

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #306 on: February 29, 2024, 04:34:13 AM »
Banks loaning millions of dollars to billionaires do not care about credit scores. 

I didn't see or read the report you are talking about, but Trump is not going to have a problem getting a loan. 

But the bigger issue is he shouldn't have to worry about partisan zealots trying to bankrupt him solely to keep him from winning the presidency.  This lawfare is outrageous.

They are stalinists and communists at heart.  They dont care whatsoever about wrecking every legal norm and tradition just to "get trump!"   

Dos Equis

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #307 on: February 29, 2024, 12:24:35 PM »
They are stalinists and communists at heart.  They dont care whatsoever about wrecking every legal norm and tradition just to "get trump!"

They definitely have an ends justifies the means approach.  It's psychotic. 

Primemuscle

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #308 on: February 29, 2024, 06:48:07 PM »
Banks loaning millions of dollars to billionaires do not care about credit scores. 

I didn't see or read the report you are talking about, but Trump is not going to have a problem getting a loan. 

But the bigger issue is he shouldn't have to worry about partisan zealots trying to bankrupt him solely to keep him from winning the presidency.  This lawfare is outrageous.

Maybe you are right in that Trump will have no problem borrowing hundreds of millions of dollars from lenders and maybe you are not. Seems to me we should know soon enough. How much  time does Trump have now to pay up?

Then there is this ABC News report from 2022. 'The Trump Organization used to borrow from major banks. Now look who's lending it money.
An examination of legal filings, internal documents and land records shows Axos Financial has a history of handling atypical loans.

Axos Financial, an obscure, internet-only institution based in San Diego and Las Vegas.'

https://www.nbcnews.com/politics/donald-trump/trump-organization-used-borrow-major-banks-now-look-lending-money-rcna22068

Trump 'needs a cash infusion to pay his mounting legal fines, but major U.S. banks remain skittish and his billionaire friends are silent.' Forbes - February 28, 2024.

"...due to his six bankruptcies and a long history of not paying bills, some major banks are understandably hesitant to loan to the former president, which has required him to go off the beaten path for post-presidential refinancing."  Matt Stieb, Intelligencer staff writer, February 28, 2024.


deadz

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #309 on: March 02, 2024, 01:36:58 PM »
Banks loaning millions of dollars to billionaires do not care about credit scores. 

I didn't see or read the report you are talking about, but Trump is not going to have a problem getting a loan. 

But the bigger issue is he shouldn't have to worry about partisan zealots trying to bankrupt him solely to keep him from winning the presidency.  This lawfare is outrageous.
Sickening. This Country is an embarrassment. Likely will need a good civil war to end this garbage!
T

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #310 on: March 02, 2024, 02:38:33 PM »
UPDATE: Sources Say Dirty New York Judge Arthur Engoron Hasn’t Gone Back to Equinox Gym Since James O’Keefe Exposed Pervy Behavior – Equinox Front Desk Received 23 Calls Before 5:30 AM This Morning and Gym Sent “URGENT” Text to Employees

Equinox gym is in total panic mode due to James O’Keefe’s recent reporting on footage of Judge Arthur Engoron perving on women at the Equinox location in Long Island, New York.

Arthur Engoron is the same far-left Judge who fleeced $355 million from President Trump for taking out loans in New York State and paying them back on time and with interest. The charges were brought against Trump by crazed New York State Attorney General Letitia James. There were no victims in the so-called crime. The banks did their due diligence before they loaned Donald Trump the money and testified they would gladly do it again.

Judge Engoron called Trump’s loan agreements a crime and ruled that President Donald Trump owed the state $355 million.

The Gateway Pundit reported on the video released by O’Keefe on Wednesday, where he spoke to Engoron in the gym and released footage of Engoron cornering a young woman and harassing her until she clearly gestured for him to leave her alone.

This is coupled with his revealing loose sweatpants. He should probably put on some underwear…

O’Keefe was then banned from the 107 worldwide Equinox locations, apparently for life, because of his reporting.

O’Keefe on Friday revealed from sources in Great Neck, a neighborhood in Long Island, New York, where the gym is located, “The Judge has not shown up at Equinox for 2 days now, and Phil at the front desk got 23 calls before 5:30am this morning.”


O’Keefe also revealed that Equnox sent an “URGENT” text message to employees, telling them to “IGNORE” what they refer to as “Phone calls coming in stating random things.” The text message also instructs employees to “not engage and do not talk to anyone concerning any club members.”

Equinox sent the following text to employees:

***URGENT***

https://x.com/jamesokeefeiii/status/1762948071061618930?s=46&t=XiPzOUmtpsEiVS5zhlJE2g as a reminder we do not speak to media regarding any issues instances/situations or policies.


Phone calls coming in stating random things IGNORE say “Thank you for calling and have a great day.”

Do not engage and do not talk to anyone concerning any club members.

Also this is not a conversation to talk about at the front desk if some mentions anything “you have no idea what they are talking about and keep the conversation positive and moving”

Engoron is the same creep who recently came under scrutiny for posting half-naked photos of himself on an alumni newsletter he oversees.

The peculiar “BonusTorsoPhoto” showcased a malnourished torso, presumed to be his own, and left many questioning the appropriateness of such content in a school alumni newsletter.

The newsletter presented a before-and-after pictorial of the same torso, ostensibly to display physical improvements over time. These images, intended to flaunt muscle gains, instead cast a shadow of doubt over the judge’s judgment.

The Gateway Pundit also reported last week that the creepy pervert judge was caught by a defense attorney banging the secretary of opposing counsel during a previous case – a complete ethics violation.

According to reports, Judge Engoron has been married three times and has four children.

Arthur Engoron is no boy scout. He’s just a weirdo and a seemingly sexually deviant old man.

Watch O’Keefe’s undercover footage of Engoron below:

https://www.thegatewaypundit.com/2024/03/update-sources-say-dirty-new-york-judge-arthur/?utm_source=rss&utm_medium=rss&utm_campaign=update-sources-say-dirty-new-york-judge-arthur

https://x.com/jamesokeefeiii/status/1763595596944843017?s=46&t=XiPzOUmtpsEiVS5zhlJE2g

https://x.com/jamesokeefeiii/status/1762948071061618930?s=46&t=XiPzOUmtpsEiVS5zhlJE2g




B_B_C

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #311 on: March 02, 2024, 03:05:32 PM »
Banks loaning millions of dollars to billionaires do not care about credit scores. 



this would suggest they the banks are very cavalier with their depositors / bondholders money
but then they were ever
c

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #312 on: March 03, 2024, 06:23:00 AM »
How many banks have lined up to loan him money for his bond now?  He must be having a hard time narrowing it down to one.

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #313 on: March 06, 2024, 09:38:13 AM »
How many banks have lined up to loan him money for his bond now?  He must be having a hard time narrowing it down to one.
Spoken like a true peasant!
T

Dos Equis

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #314 on: March 06, 2024, 03:35:18 PM »
this would suggest they the banks are very cavalier with their depositors / bondholders money
but then they were ever

No, it suggests that banks rely on income, debt, net worth, and securable assets.   

Dos Equis

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Re: 1 of 4? New York judge finds Donald Trump liable for fraud
« Reply #315 on: March 06, 2024, 08:42:06 PM »
Income from all sources.
The borrower's debt.
Net worth is very reliable.
Secured loans are the easiest and most secure loans banks can make.