MSNBC obtained never-before-seen footage of Trump’s April 2023 NYC civil fraud trial deposition with radical Marxist New York Legal professional Common Letitia James.
In September 2022 Letitia James filed a lawsuit in opposition to Trump in search of $250 million in ‘damages’ when there is no such thing as a sufferer on this fraud case and he or she can be in search of to ban Trump and his sons from working any companies in New York. She accused Trump of inflating his property and defrauding lenders and insurance coverage firms.
Earlier this month James dialed it up and announced she can be in search of $370 million in damages from Trump.
Along with rising the quantity of ‘damages’ she needs Trump to pay, Letitia James is in search of a lifetime ban for him from the actual property trade.
MSNBC trashed Trump as they reported on the newly launched deposition footage. At one MSNBC host, Lisa Rubin laughed as she reported on Trump complaining about authorized charges being one in every of his largest bills (lawfare).
WATCH:
WATCH: By no means-before-seen footage launched from Trump’s April 2023 civil fraud trial deposition. @lawofruby breaks down what we’ve realized thus far: pic.twitter.com/z7RHlLUxGP
— MSNBC (@MSNBC) January 19, 2024
Earlier this month Trump took over the Manhattan courtroom and insisted he is the sufferer of fraud on this case. He’s proper.
In November a Deutsche Financial institution govt who labored to approve a minimum of one in every of Trump’s loans testified that it’s “atypical, however not fully uncommon” to cut back a consumer’s asset values and nonetheless approve a mortgage.
One of these lending is typical in excessive net-worth, high-profile purchasers like Donald Trump. Anybody with primary data of banking, lending, portfolio and credit score threat administration is aware of this.
“A Deutsche Financial institution AG govt gave testimony that might bolster Donald Trump’s protection in his civil fraud trial, telling a New York choose that potential purchasers can get loans even after reporting a internet value far greater than the lender’s personal calculations.” Bloomberg beforehand reported.
“David Williams, who labored on a minimum of one in every of three loans Deutsche Financial institution made to Trump within the years earlier than he was elected president, testified Tuesday that it’s “atypical, however not fully uncommon” for the financial institution to chop a consumer’s acknowledged asset worth by 50% and approve a mortgage anyway, because it did with Trump,” Bloomberg reported.
Williams testified that Trump’s acknowledged property are merely an opinion and a distinction of opinion in asset values doesn’t disqualify the potential borrower from a mortgage.
“It’s only a distinction of opinion,” Williams stated, in accordance with Bloomberg.
Far-left Trump hating Choose Engoron is anticipated to decide on this fraud trial by the top of the month.