General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNY Attorney General calls for a $370million dollar fine against the
Slobfathers companies and the banning of Slobby and his companies from New York.
Eff you Slobby!
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https://www.nytimes.com/2024/01/05/nyregion/letitia-james-trump-fine.html
Goddessartist
(2,176 posts)Good!
PJMcK
(25,047 posts)For real with no recourse!
Itll be a sight to behold.
former9thward
(33,424 posts)Any fine will be against the Trump corporation. Not individuals.
PJMcK
(25,047 posts)I don't.
He's built his whole life on debt much of which has his personal guarantee.
Regardless, we'll see what happens. It'll take time, of course.
former9thward
(33,424 posts)So I believe them. No one has ever proved he was not.
PJMcK
(25,047 posts)Publications, like Forbes Magazine, make their estimates based on publicly available information.
For example, Warren Buffets wealth can be reasonably guessed because his companies and investments are mostly publicly traded entities that are required to make information public. Faith in the trading markets require that transparency.
Trump, however, has privately-held companies. The public has zero insight into his assets and debts. Further, Trump doesnt invest his money in the public markets. His business failures are infamous and legion. His biggest success was the TV show, The Apprentice, but he doesnt own that; he was a hired actor!
So where does his money come from?I think Trumps wealth derives from leveraging the perceived value of his real estate holdings and his so-called brand. When the curtains are pulled back, I wont be surprised to learn that Trump has very little actual net worth. Well see.
LiberalFighter
(53,544 posts)Will his loser supporters be able to make up the difference?
gab13by13
(32,237 posts)Tish wants 370 million, but communist China can make up the extra 20 million.
live love laugh
(16,374 posts)Aviation Pro
(15,554 posts)malaise
(295,863 posts)iluvtennis
(21,496 posts)Aviation Pro
(15,554 posts)But, hey, 1A and all that.
samsingh
(18,418 posts)Fiendish Thingy
(23,124 posts)I believe she is seeking both a punitive personal fine, as well as a disgorgement (liquidation and seizing of assets) from his corporations.
I know the personal fine could be appealed, but Im not sure if a disgorgement order is immune from appeal or not, and could proceed unimpeded by Trumps delays.
Escurumbele
(4,088 posts)Ask for $500 million and the judge will lower it to $350 million, there is the risk now that the judge will lower it to $250 million.
Warpy
(114,593 posts)including that "wildlife refuge" palace upstate. He can keep doing "business" elsewhere.
MontanaMama
(24,719 posts)A guy has to make a living after all!!
Seriously though, he will be even more of a menace to our country if the NY AG is successful in this effort.
OMGWTF
(5,130 posts)I see what you did there.
ShazzieB
(22,563 posts)Look out for low-flying ketchup bottles!
turbinetree
(27,488 posts)any one want to join me it will have to be fumigated first and have the ketchup stains removed from the sidewalls, and get rid of the hamburglar and french fries smell and tyhe soda stains off the floor boards ............and have all of the fake plated gold fixtures removed.........and the extra wide seats .........so that it can be turned into a freighter.......B757-200F.............or we can part out the engines, landing gears, flaps, slats and spoilers and all of the LRU's (line replacements units) ...........to recoup our money.............
malaise
(295,863 posts)Blue 808
(1,562 posts)When he loses the election and with convictions dropping in quick order, he'll be on his plane flying off to some country without an extradition treaty with the U.S., where he's stashed millions in Russian, Chinese and Saudi money, and where he can spew his smelly propaganda unrestrained.
turbinetree
(27,488 posts)he first has to figure out if he really wants some cabbage soup........for some reason I think he is a fries dude and hamburger, and his little old plane can only fly 3,900 nautical miles maximum and to fly New York to Moscow is 5289 miles, and since Florida is further he might as well prepare for landing in water ditching mode over the Atlantic......or he can take that Florida route to the Azores which is only 3253 miles, 700 miles to spare ...........but then he needs to file a flight plan and he can be denied landing rights in the Azores and they can deny him fuel............he just screwed.......since he may have to pay over 350 million.........and rubles are not worth much now days.......and no one wants fake gold plated valves from the lavatory and from a plane that will have to be forfeited......since it was acquired illegally ....just my theory.......
TAKE IT ALL
UTUSN
(77,727 posts)Scrivener7
(59,462 posts)this will be a hiccup.
multigraincracker
(37,611 posts)As rich as he claims to be.
former9thward
(33,424 posts)lastlib
(28,215 posts)(Asking for a friend, who thinks there's a few dozen million squirreled away in her casket........covering up the nuclear codes.....)
Lettuce Be
(2,355 posts)With all the talk of billions these days, suddenly, a few hundred measly million doesn't sound like much. Go figure.
Botany
(77,276 posts)As for the MAGA folk who will complain that this is political fuck em no it is the law. I hope
this breaks his companies.
