this post was submitted on 22 Feb 2024
1016 points (98.3% liked)

News

22839 readers
3812 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

Former President Donald Trump owes an additional $87,502 in post-judgment interest every day until he pays the $354 million fine ordered by Judge Arthur Engoron in his civil fraud case, according to ABC News' calculations based on the judge's lengthy ruling in the case.

Judge Engoron on Friday fined Trump $354 million plus approximately $100 million in pre-judgment interest in the civil fraud case brought by New York Attorney General Letitia James, after he found that Trump and his adult sons had inflated Trump's net worth in order to get more favorable loan terms. The former president has denied all wrongdoing and has said he will appeal.

Engoron ordered Trump to pay pre-judgment interest on each ill-gotten gain -- with interest accruing based on the date of each transaction -- as well as a 9% post-judgment interest rate once the court enters the judgment in the case.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 170 points 6 months ago (5 children)

To be fair, Letitia James is now saying she is going to try to seize his assets if he doesn't pay up.

https://www.theguardian.com/us-news/2024/feb/21/letitia-james-trump-assets-seizure-buildings

[–] [email protected] 73 points 6 months ago (2 children)

I hope she is able to do so. It’s pretty clear that TFG will not willingly pay any amount of money.

[–] Assman 36 points 6 months ago (3 children)

TFG? the fucking grapefruit? I have no idea what that acronym means.

[–] [email protected] 44 points 6 months ago (1 children)

Probably Trump Financial Group.

Possibly Tiny Flaccid Gimp

[–] [email protected] 34 points 6 months ago (1 children)
[–] [email protected] 8 points 6 months ago

I like this acronym.

So

Many

Possibilities.

Also: The Foreign Goon; and, the Freaking Gonzo

[–] [email protected] 16 points 6 months ago

I read it in a thread a while back, That Fucking Guy.

[–] [email protected] 6 points 6 months ago

...the former guy...

[–] [email protected] 17 points 6 months ago (1 children)
[–] [email protected] 35 points 6 months ago (1 children)

We also live in a world where having enough money allows one to rewrite the rules as they go.

[–] [email protected] 18 points 6 months ago (2 children)

Yeah it's becoming pretty clear this nerd doesn't have any money

[–] [email protected] 15 points 6 months ago

Yeah, he has been coasting by on class solidarity and an army of rabid idiots for a while now.

[–] [email protected] 12 points 6 months ago

Nerd? I can't tell if you're 12 or 70. We took back that term and Dump is anything but a nerd.

[–] [email protected] 28 points 6 months ago (2 children)

Oh my god... Does that mean.... that.....

.... Something might actually HAPPEN?

[–] [email protected] 24 points 6 months ago (1 children)

Take that hope behind the fucking house and beat it to death, and then shove it way deep down inside where it can never fucking escape again

[–] [email protected] 6 points 6 months ago

...where it belongs!

[–] [email protected] 5 points 6 months ago

It would be nice. Who knows? It sure is worth trying and she seems to have been doing pretty well so far.

[–] prettybunnys 26 points 6 months ago
[–] [email protected] 22 points 6 months ago (3 children)

Imagine having been president and contemplating bankruptcy to nullify the case/repayment

(I'm just thinking aloud, hypothetical situation... but lol)

[–] [email protected] 20 points 6 months ago* (last edited 6 months ago)

While some judgments can be cleared with bankruptcy... Judgements based on fraud are not one of those.

[–] [email protected] 13 points 6 months ago (1 children)

I'm not sure that will absolve him of his lawsuit debts.

Would love to see him go bankrupt, though, that golden facade crumbling.

[–] [email protected] 4 points 6 months ago (1 children)

How would it crumble? He's declared bankruptcy so many times, people can't decide if it's 4 or 6.

In spite of that, dumb asses think he's a financial genius.

[–] [email protected] 4 points 6 months ago

Because despite declaring bankruptcy, he'd still owe the $350MM + interest.

[–] prettybunnys 5 points 6 months ago

Bankrupt morally AND financially.

[–] [email protected] 10 points 6 months ago

Seizing his gold toilet would be appropriate, since his finances would be in the crapper at that point.