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re: Trump has to deposit $455 million just to appeal the decision against him

Posted on 2/20/24 at 11:24 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424431 posts
Posted on 2/20/24 at 11:24 am to
quote:

A secondary intent of all this mess is to make him a toxic association for lenders. Not only from a reputational aspect but if they place his businesses in jeopardy and tie up his liquidity and assets in these ridiculous fines he becomes an unstable liability to lend to.


Technically, NY could go after every bank in the Trump case and do the same thing to each bank.
Posted by teke184
Zachary, LA
Member since Jan 2007
96590 posts
Posted on 2/20/24 at 11:27 am to
quote:

Technically, NY could go after every bank in the Trump case and do the same thing to each bank.


But the governor has claimed this was a special thing and won’t happen again.

Which frankly is a Morton’s Fork for this case.



Either all businesses could be subjected to this, to where they pull out of the state, or this was a political prosecution, which means it was a bill of attainder against someone who pissed them off and should be tossed as a result.
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