New York Attorney General trolls former president as interest starts accruing on monster judgment

A $455m judgment against Donald Trump is increasing by more than $110,000 each day due to interest penalties.

And New York Attorney General Letitia James, who is preprared to seize his assets if necessary, is not going to let Mr Trump forget.

When the final judgment in the sprawling fraud trial against Mr Trump, his adult sons Donald Jr and Eric Trump, and former Trump Organization executives was approved on Friday, the attorney general’s X account posted the exact figure down to the last cent.

Twenty four hours later, her account wrote: “+$114,553.04”.

  • SnausagesinaBlanket@lemmy.world
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    10 months ago

    She screamed at Cuomo and made him sign for legal cannabis in NY after that bastard was gonna delay it another year.

    She doesn’t back down to anyone.

    • PrincessLeiasCat@lemmy.world
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      10 months ago

      Sometimes the internet is a force for good.

      That being said, he will send this link to his gullible clingers in a fundraising email saying “look how mean they are!!!”

      And of course it’ll work, just like it does every other time.

      • Chee_Koala@lemmy.world
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        10 months ago

        You can’t really work around what might work on Trump’s following anyway, because everything works :-S

        Damned if you don’t, damned if you do. I say let it all hang out!

  • nkat2112@sh.itjust.works
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    10 months ago

    Let’s be clear: this lady rocks. Good on her - and the million victims of this “victimless” crime. The people of New York.

  • arc@lemm.ee
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    10 months ago

    The funny part is how so far Trump hasn’t posted a bond for the appeal. Trump doesn’t *have * to do it but the consequences of not doing so are basically calamitous - if he doesn’t post bond then the state can seize and sell off his property to the amount he owes. Then both sides fight about it for a year or whatever while the money sits in the court’s account and he is deprived of revenue from the properties sold. Oh and the interest keeps accruing. And the lawyer bill will be in the tens of millions.

    I’m sure the state won’t be sensitive to his reputation when deciding what to seize to cover the debts. Can you imagine the hilarity that would ensue if they sold off Trump Tower or one of his other flagship properties?

    So Trump is screwed. If he does somehow post bond there will be a lot of people asking how he managed it since he surely doesn’t have the cash. In that case expect firesales of his other properties and loans from super shady foreign businessmen.

    • nucleative@lemmy.world
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      10 months ago

      I can imagine there are more than a few foreign (and domestic) billionaires salivating at the idea of buying a GOP presidential frontrunner while simultaneously securing fire-sale level security positions on his properties.

      • Flying Squid@lemmy.world
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        10 months ago

        That the fun thing about what SCOTUS decided. Now that money is speech, foreign powers can set up PACs which claim to be helping a candidate get elected but are actually able to pay that candidate’s legal fees for something totally unrelated and it’s all totally legal!

        God bless America, am I right?

    • prole@sh.itjust.works
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      10 months ago

      His plan is to become president and make those things go away. Seriously. How they go away isn’t important to him, so the calamitous side effects it would cause would be of none of his concern.

      Of course it doesn’t work that way in a democracy. So they’re doing away with that too. If you’re an autocrat, suddenly state attorneys general don’t really have any power over you.

      • douglasg14b@lemmy.world
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        10 months ago

        You say it doesn’t work that way yet this person’s entire career is one that proves that these systems don’t work.

        He has largely been immune from consequence and until this actually starts to show teeth then it’s just more of the same.

    • AngryCommieKender@lemmy.world
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      10 months ago

      They need to sell Trump Tower to someone that promises to show the exact same respect that Trump showed to the historic landmark that had multiple pieces of art promised to The Met, when he bought the property. Then, shove as much of his gaudy shit in there and demo the whole lot.

      • arc@lemm.ee
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        10 months ago

        I’m hoping for they seize something big and humiliating to his reputation. Wouldn’t be surprised if we learn though that Trump Tower or whatever is mortgaged up the ass so the value in seizing it is far less than it’s the building’s valuation as a total. So that’ll be fun since they might have to seize multiple properties. Doesn’t have to be confined to NY either, they can enforce seizures on his golf courses, Mar a Lago etc.

    • rusticus@lemm.ee
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      10 months ago

      loans from super shady foreign businessmen

      So the same it’s been for 35 years.

      • arc@lemm.ee
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        10 months ago

        I’m sure it’s super complicated what he owns, what his entities own, and what they owe the banks and other investors.

  • Got_Bent@lemmy.world
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    10 months ago

    I assume the interest is compounding so the amount should increase each day.

    I stand corrected. It’s simple interest. I’m genuinely surprised by this.

    • irotsoma@lemmy.world
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      10 months ago

      No compounding for the wealthy. Only poor people pay interest on interest. /s

    • cbarrick@lemmy.world
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      10 months ago

      It’s simple interest, not compound interest.

      So it just adds the same amount each day: just under 0.025% of the original fine (i.e. 9% per year, accrued daily).

      At least according to the Legal Eagle video I watched about it.

      Edit: Thanks jmfwnsfw for the correction. I originally said 9% per day which is insane. It’s 9% per year, accrued daily.

    • protist@mander.xyz
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      10 months ago

      If I recall correctly from a story when the judgment was handed down, the law in NY makes it so it’s calculated as simple interest rather than compound. Someone correct me if I’m wrong. $110,000/day seems very small when compared to the $465,000,000 he owes within less than a month though

    • douglasg14b@lemmy.world
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      10 months ago

      There’s no pressure until these things prove that they actually have teeth.

      He’s literally went his entire life threatened with punishments that have never been received. I don’t even believe it’s going to happen until it happens given what we’ve witnessed thus far

  • Zuberi 👀@lemmy.dbzer0.com
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    10 months ago

    With the power/money associated w/ the position, I wouldn’t be surprised if 100K/day was a laughably small amount for the orange fuhrer…

      • Zuberi 👀@lemmy.dbzer0.com
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        10 months ago

        Virtue signaling, but okay.

        Again, I think it’s pennies to what he gets behind the scenes. But yes, I imagine he’s pissed.

        • laughterlaughter@lemmy.world
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          10 months ago

          What do you mean by virtue signaling? Am I virtue signaling?

          And again, the money is not the point. The point is that a woman is having some control over him. And her being black probably “adds insult to injury” from his point of view.

  • GardenVarietyAnxiety@lemmy.world
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    10 months ago

    Fuck Trump, but this is a bad look.

    Edit: Hey, look at that. The downvotes are keeping track of how many of you peaked in high school. Neat.

    • breakingcups@lemmy.world
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      10 months ago

      It’s game theory. Civility only goes so far. Even if stooping to a lower lever is ultimately a losing move, staying put in civility is too at this point. It’s the Prisoner’s Dilemma, and unfortunately our opponent has proven beyond the shadow of a doubt to be untrustworthy.

      • GardenVarietyAnxiety@lemmy.world
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        10 months ago

        I appreciate the level headed reply.

        Genuinely asking though. How does this move help?

        Dipping to “his level” will further galvanize his base, and there will be a number of people who are already on the edge to do more than vote harder.

        What strategic value does this have outside of, as another comment said, maybe getting him so angry he makes a mistake that somehow moves the needle in a meaningful way?

        • Feathercrown@lemmy.world
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          10 months ago

          I don’t see much strategy and our patience seems to not be paying off as we continue to let Republicans slowly slide us into oblivion

    • Flying Squid@lemmy.world
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      10 months ago

      I peaked in elementary school, thank you very much.

      But it’s cute that you think anyone who is against Trump and his many frauds that he’s already gotten away with would have a problem with this.

      • GardenVarietyAnxiety@lemmy.world
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        10 months ago

        There’s taking the low road and then there’s joy riding the low road.

        Like other comments have stated, maybe this can get in his head and make him fuck up, but this is going to further galvanized his base, and there is a chunk of them that aren’t going to be content just voting harder. Moves like this broaden that group.

        So yeah. If one or two more nightclubs potentially getting shot up is worth it for the lulz, then by all means.

        • Cypher@lemmy.world
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          10 months ago

          So the solution is to never touch any of these corrupt fucks because you’re afraid of them and their useful idiots.

          You’re a coward.

            • Cryophilia@lemmy.world
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              10 months ago

              So yeah. If one or two more nightclubs potentially getting shot up is worth it for the lulz, then by all means.

              • you
        • ABCDE@lemmy.world
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          10 months ago

          one or two more nightclubs potentially getting shot up is worth it for the lulz, then by all means.

          What are you on about

        • GhostFence@lemmy.world
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          10 months ago

          I want her to add onto this a countdown to when he starts getting his ASSets taken. Ground up the high road and recycle it to pave the Fury Road.

      • GardenVarietyAnxiety@lemmy.world
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        10 months ago

        Because she’s an AG and trolling someone online -should be- beneath that position.

        I understand that we live in a world now that treats it like it isn’t, but this is shameful.

        For anyone cheering this behavior on… It’s fucking Idiocracy. You’re cheering on the end of ANYONE in our government not acting like a grade school bully at recess.

      • GardenVarietyAnxiety@lemmy.world
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        10 months ago

        Because she’s an AG and trolling someone online -should be- beneath that position.

        I understand that we live in a world now that treats it like it isn’t, but this is shameful.

        For anyone cheering this behavior on… It’s fucking Idiocracy. You’re cheering on the end of ANYONE in our government not acting like a grade school bully at recess.