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The judge’s ruling in Donald J. Trump’s civil fraud case could cost him all his available cash. It also bars the former president from running a business in the state for three years.
but will they really? one, I can see A. LOT. more massive fines being applied here. he owes nearly a half BILLION in fines and penalties now.
two, he’s no longer nominally in charge. if the monitor says assets need to be sold assets are getting sold.
and three, being banned by new york from being on or running/owning any corporation is not an insignificant matter. in fact, it would say quite a bit if a company did associate with them after the penalty has expired. “junior and eric trump defrauded new york out of millions of dollars five years ago. you want to hire them on? what if they do that to us?”. were this in a state like wyoming or north dakota where no one lives and no one really cares it would be one thing. but this is in probably the financial capital of country, if not the world. being banned from doing business in a place where business is constantly happening is bad, and people will remember that.
but will they really? one, I can see A. LOT. more massive fines being applied here. he owes nearly a half BILLION in fines and penalties now.
two, he’s no longer nominally in charge. if the monitor says assets need to be sold assets are getting sold.
and three, being banned by new york from being on or running/owning any corporation is not an insignificant matter. in fact, it would say quite a bit if a company did associate with them after the penalty has expired. “junior and eric trump defrauded new york out of millions of dollars five years ago. you want to hire them on? what if they do that to us?”. were this in a state like wyoming or north dakota where no one lives and no one really cares it would be one thing. but this is in probably the financial capital of country, if not the world. being banned from doing business in a place where business is constantly happening is bad, and people will remember that.