• Judge's 'absurd' bond in NYC Trump case could have been reduced to almo

    From Malicious Prosecution@21:1/5 to All on Tue Mar 26 00:41:30 2024
    XPost: alt.government.abuse, alt.society.liberalism, talk.politics.guns
    XPost: talk.politics.misc

    Fox News contributor Jonathan Turley reacted Monday to former President
    Trump's bond being slashed to $175 million in the New York City civil
    fraud case, calling the original $454 million amount "absurd."

    Turley called the bond change a needed "restraint" to the legal system in
    New York, warning the "political vortex" hasn't played well with voters or companies.

    TRUMP VOWS TO FIGHT NEW YORK AG CASE 'ALL THE WAY UP TO THE US SUPREME
    COURT,' AS DEADLINE TO POST $454M LOOMS JONATHAN TURLEY:

    The Court of Appeals may have felt that they can't prejudge the evidence,
    and so to reduce the bond further would have been heavy-handed. I actually think they could have reduced this bond to virtually nothing, because the amount set by Engoron was absurd...

    There were no victims. There was no money lost. You had people that loaned
    this money and wanted more business, and so this figure seemed to be just snatched out of the air. He connected it to a few properties, but it was
    very speculative by reducing the amount…I think that this restores some
    element of restraint to the New York legal system. So I think that the
    true sunk costs of this controversy has been borne by those who really
    wanted this thrill-kill moment...

    This has not played well with the public. I don't think it's played well
    with companies, who were legitimately alarmed to see that the New York
    legal system turned into this inescapable political vortex, and I think
    that the reduction will help assure people that there are still some
    adults in the room.

    NEW YORK APPEALS COURT ALLOWS TRUMP, SONS TO CONTINUE RUNNING BUSINESS,
    DENIES REQUEST TO DELAY PAYMENT

    An appeals court slashed former President Trump's bond payment on Monday, saying Trump must pay $175 million within the next 10 days. Trump had previously faced a Monday deadline to pay a $454 million bond payment that
    came as a result of civil fraud allegations from New York Attorney General Letitia James.

    A New York Appeals Court, hours before the deadline to post the $454
    million, lowered that bond considerably. The court ordered that Trump post
    $175 million within 10 days.

    Trump said he will "abide" by the appeals decision and post the $175
    million bond. If Trump does post the $175 million by the new deadline, it
    would effectively block James from attempts to seize Trump's assets as he continues to appeal the judgment by New York Judge Arthur Engoron.

    TRUMP BARRED FROM OPERATING BUSINESS, ORDERED TO PAY OVER $350 MILLION IN
    NY CIVIL FRAUD CASE

    "Judge Engoron has refused to obey the decision of the Appellate Division relative to the Statute of Limitations. This is a confrontation between a
    Judge and those that rule above him - A very bad situation in which to
    place New York State and the Rule of Law! Engoron has disrespected the Appellate Division and its very clear and precise ruling," Trump posted on
    his Truth Social Monday.

    "He should be made to do so, and at the same time, release the GAG ORDER." Trump said the appeals ruling Monday is "the 5th time in this case that he
    has been overturned, a record." Trump blasted Engoron, saying "his
    credibility, and that of Letitia James, has been shattered." "We will
    abide by the decision of the Appellate Division, and post either a bond, equivalent securities, or cash," Trump said. "This also shows how
    ridiculous and outrageous Engoron’s original decision was at $450
    Million."

    https://www.foxnews.com/media/judges-absurd-bond-nyc-trump-case-reduced- nothing-says-turley

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