Politics Thread

[Strange Brew]

You are correct that no criminal charges were brought. However, the company and Trump were found liable for in excess of $350 million dollars for their actions in violation of New York law, so I don’t think avoiding a criminal complaint was much of a win here.

What law was broken? And liable for harm to whom?

That is the problem here STL.

[paulxu]

What law was broken? And liable for harm to whom?

That is the problem here STL.

He already answered. The law is Executive Law § 63(12) of the State of New York.
Perhaps if you read the opinion you'll get a better idea of the facts:

https://d3i6fh83elv35t.cloudfront.ne...t-20240216.pdf

[xuphan]

At least he’s “mentally competent” enough to stand trial…

He probably wishes he wasn’t at this point.

[xuphan]

Putin kills Navalny.

Did he though? I say if the family gets his body back intact, Putin wasn’t involved. If the family doesn’t get his body back, than Putin had something to do with it. Especially since Russia State media said he collapsed during a walk.

[Strange Brew]

He already answered. The law is Executive Law § 63(12) of the State of New York.
Perhaps if you read the opinion you'll get a better idea of the facts:

https://d3i6fh83elv35t.cloudfront.ne...t-20240216.pdf

So yes, no crime was committed yet the DA decided civil fraud happened however was no one harmed.

So, who collects the money? The State? If so, that’s tragically hilarious.

[STL_XUfan]

So yes, no crime was committed yet the DA decided civil fraud happened however was no one harmed.

So, who collects the money? The State? If so, that’s tragically hilarious.

The DA didn’t bring charges. The State AG did. And the collection of funds is stated in the statute that was already provided.

[bobbiemcgee]

What law was broken? And liable for harm to whom?

That is the problem here STL.

I think that in just one case that your appraisal
Is 570 million off the actual you could allege fraud.

[UCGRAD4X]

I think that in just one case that your appraisal
Is 570 million off the actual you could allege fraud.

I'm curious. In this sort of deal, why wouldn't the lending institution do their own appraisal? They would be stupid and probably irresponsible and perhaps negligent to depend on the owners somewhat subjective appraisal. There are probably not a lot of 'comperables' in this particular situation. Sure, I would like to think my property is worth a lot more if I were selling or borrowing. Why in the hell would they take my word for it and not do their due diligence? What am I missing? I'm sure there are many on here that would be more than happy to tell me.

[XU_Lou]

I'm curious. In this sort of deal, why wouldn't the lending institution do their own appraisal? They would be stupid and probably irresponsible and perhaps negligent to depend on the owners somewhat subjective appraisal. There are probably not a lot of 'comperables' in this particular situation. Sure, I would like to think my property is worth a lot more if I were selling or borrowing. Why in the hell would they take my word for it and not do their due diligence? What am I missing? I'm sure there are many on here that would be more than happy to tell me.

Please, don't go there. Logic isn't everyone's thing around here.

[bjf123]

The banks had no problem with Trump’s loan. They were paid back in full and I believe on time. This whole thing is a political attack. Nothing more.


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