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0 sats \ 10 replies \ @Bell_curve 23 Feb \ parent \ on: What does SN think of the Trump/NYC verdict? news
Your comparison is unfair because it’s completely fabricated.
NY case is based on discrepancies in appraised value, which are subjective
It’s a loan application which any lender can reject.
NY is saying the banks have been damaged but we are keeping the damages.
How much is Mar lago worth?
Trump purchased the land in 1985 for 5 million dollars.
I wouldn’t call apprised value subjective… but to your point, it’s more of a settled negotiation versus an objective science.
Still… being caught knowingly lying during the process and attempting to hide these attempts toe the line of fraud. There are plenty of cases of wrongdoing thru this process by the Defendant. They can’t be excused with “it’s commonly done in the business” anymore than the homeless who literally poop on the street can excuse it by pointing to the next bum.
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If only NY prosecuted the homeless for public defecation
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NY would never seek damages from a homeless person. It would be a criminal case.
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A lender can reject an application if there is an impasse over collateral valuation.
No one was coerced to approve Trump loan application.
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Again, that may be true but not central to his being found guilty.
Can you steelman the courts position?
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Here is a tweet from AG:
This is her evidence of fraud
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That’s a cynical take. Also, an argument for ignorance.
Her tweet is from last year.
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October 5, 2023
4 months ago
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From*
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In a civil case the key question is damages not guilt.
The NFL lost antitrust case in 1986 but the damage was 3 dollars.
NY is saying that it lost tax revenue on interest income DB could have generated if it charged a higher rate
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