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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNYT: 2 Prosecutors Leading N.Y. Trump Inquiry Resign, Clouding Case's Future
https://nyti.ms/3scgx8dThe prosecutors, Carey R. Dunne and Mark F. Pomerantz, submitted their resignations after the new Manhattan district attorney, Alvin Bragg, indicated to them that he had doubts about moving forward with a case against Mr. Trump, the people said.
Without Mr. Braggs commitment to move forward, the prosecutors late last month postponed a plan to question at least one witness before the grand jury, one of the people said. They have not questioned any witnesses in front of the grand jury for more than a month, essentially pausing their investigation into whether Mr. Trump inflated the value of his assets to obtain favorable loan terms from banks.
PoliticAverse
(26,366 posts)ok_cpu
(2,052 posts)lagomorph777
(30,613 posts)He's supposed to be liberal / progressive. It looks like there's a strong case against Trump, a wealthy thief and hated NYC villain. So why would Bragg spit in the faces of his attorneys?
woodsprite
(11,923 posts)Me.
(35,454 posts)Bragg is turning out to be a huge disappointment. What with his 'new rules' and now this. Boy were we fooled
Moostache
(9,897 posts)I would demand an investigation of Vance and Bragg if I were a New Yorker.
This is not a difficult case - either he DID inflate to sell and deflate to get loans or he DID NOT. The numbers across the various instances would be the evidence and if the case is strong, conviction should follow.
The rule of law in this country is a joke and if it is not fixed, fuck politics because that shit matters for nothing if there is not justice under law in this country.
No justice? I think everyone knows what comes next...
Scruffy1
(3,256 posts)It's pretty much the wild west. Appraisals are a joke. The standard accounting joke is that MAI means made as instructed. That is why corporations carry property valuations at the price that was paid for them. It's not unusual for civil service prosecutors to leave for higher paying jobs after they put in about 5 years or so.
former9thward
(32,068 posts)First values are not a concrete figure. They are a moving ongoing estimate -- not a fixed object. They are constantly changing in real estate depending on location, type of real estate, and many other factors.
Second it is extremely unlikely Trump was dictating whatever the values were. For that size of project their would be professional consulting and contractor companies doing the job.
Third it is up to the companies giving loans or buying property to do their own due diligence. This is not a simple matter where a mortgage company accepts the appraisal given for a house you want to buy in determining whether they give you a mortgage for 250,000 or not. This involves property worth hundreds of millions of dollars if not more.
PoliticAverse
(26,366 posts)From New York Magazine, July 5, 2021:
https://nymag.com/intelligencer/2021/07/next-manhattan-d-a-alvin-bragg-on-prosecuting-trump.html
I think thats an important question. My strong default on long-term, complex investigations is to keep the continuity, keep teams intact that have been working on complex long-term investigations. Some of that speaks upon knowing some of the people on the team by reputation. A lot of its based upon my prior experience of joining complex matters so Ive got a lot of experience kind of getting up to speed on complex investigations, particularly white-collar investigations.
And then also overseeing becoming a manager in the middle. Particularly in complex matters, theres a history and understanding of the evidence that you want to retain, as a general matter, so I dont see any reason why that would be different here. Frankly, given the length of this investigation, the nature of it, my default is even stronger, but you want to keep this team intact.
When you take office, you dont plan any major shake-ups of the team?
No. My default is to keep the team intact. Some of the best advice I got as a very junior lawyer was, Whenever you get a new matter, dont learn it piecemeal learn it. So obviously, therell be a lot of matters I need to get up to speed on and will be doing that. Were talking about this specific charged case. We dont know what exactly the posture of this overall investigation will be in January. It could be multiple cases by that time; on the other extreme, this case could be resolved. I dont think this case will be resolved by January, so well kind of see where we are.