Trump may soon rake in a $4 billion payday

8,169 Views | 75 Replies | Last: 2 yr ago by Dan Scott
aggiehawg
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eric76 said:

One thing that puzzles me about the idea of the fine being too large and so is subject to the US Supreme Court stepping in and waving their magic wands to throw the entire ting out.

However, my understanding is that the judgment is a disgorgement of illegal profits, not a fine. Does the Supreme Court get involved in disgorgement of illegal profits in state courts?
When it amounts to a violation of the 8th Amendment, they can.

Quote:

Alas, we are in radical Democrat-controlled New York. So Engoron pulled out a rarely used form of "equitable" relief called "disgorgement," which can be applied "notwithstanding the absence of loss to individuals." Disgorgement, he wrote, "focuses on the gain to the wrongdoer" and thereby prevents the wrongdoer from "retaining ill-gotten gains." Engoron then proceeded to economically overvalue Trump's alleged "ill-gotten gains" to such a preposterously false extent that Engoron's own financial fraud outdoes anything that Trump was alleged to have done.
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eric76
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aggiehawg said:

eric76 said:

One thing that puzzles me about the idea of the fine being too large and so is subject to the US Supreme Court stepping in and waving their magic wands to throw the entire ting out.

However, my understanding is that the judgment is a disgorgement of illegal profits, not a fine. Does the Supreme Court get involved in disgorgement of illegal profits in state courts?
When it amounts to a violation of the 8th Amendment, they can.

Quote:

Alas, we are in radical Democrat-controlled New York. So Engoron pulled out a rarely used form of "equitable" relief called "disgorgement," which can be applied "notwithstanding the absence of loss to individuals." Disgorgement, he wrote, "focuses on the gain to the wrongdoer" and thereby prevents the wrongdoer from "retaining ill-gotten gains." Engoron then proceeded to economically overvalue Trump's alleged "ill-gotten gains" to such a preposterously false extent that Engoron's own financial fraud outdoes anything that Trump was alleged to have done.
READ THE REST
That's an interesting article.

i'm a bit surprised at the large difference between the recourse and non-recourse loans, but it makes a whole lot of sense.
aggiehawg
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Letitia James is conducting a running Trump judgment debt clock daily on X.

Friday


Saturday


Sunday


Highly improper, in my view.
FrioAg 00
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I mean, if anyone on the plant still thinks this is anything but a political persecution - she makes it obvious as she possibly can

It's crazy that we now have political opposition persecutions in the US, and the perpetrators aren't even hiding it
aggiehawg
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Manhattan is in NY County. That's the First Division Judicial Department of the Appellate Division.

Dan Scott
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I think there will be a 6 month lockout period so Trump will be restricting from selling shares. Most SPACs crash after going public when they start releasing quarterly earnings and investors see their projections are crap.

It'll be epic though when DWAC starts trading under the Trump name. So many will short. So many will want to trigger a squeeze.
 
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