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A New York judge ruled on Monday that the $175 million bond judgment against former President Donald Trump will remain intact despite New York Attorney General Letitia James’s efforts to challenge it.
James’slegalteamarguedthatthecourtshouldnullifyTrump’sreducedjudgmentof$175millioninhisnon-jurycivilfraudtrial.HerteamraisedconcernsabouttheabilityofKnightSpecialtyInsurance,thecompanybehindthesubstantialbond,toactuallypaythebondifnecessary.
That’sarathercuriouspositionsinceshehadaskedforamuchlarger$370millionindamages—it’sasiftheentirepointwastoachieveajudgmentthatwouldbeimpossibleforDonaldTrumptopay.It’sasiftheentirepointofhercasewastoseizehisassetsunderboguspretensesandbeaherototheradicalleft.
Asyouknow,inFebruary,leftistJudgeArthurEngoronfinedTrump$454million(includinginterest)forallegedlyfraudulentlyinflatingthevalueofhisassetswhileseekingaloantobuildaproject.Trumppaidtheloanbackinfull,andthebankhesupposedlydefraudedtestifiedinhisdefense.Simplyput,therewasnocrimeorvict