Who Gets the $350 Million the Judge Dreamed Up?

[eagle1462010]

Perhaps we should sue all banks for over valuating homes since Covid.

Charge the about $400 mullion a house.

 

[rightwinger]

Pfffft. That doesn’t mean poor people weren’t being approved for loans they couldn’t afford. They are as culpable as the lenders, unless of course you think poor people are dumb.

As usual

When given the option of blaming wealthy speculators or pointing at the poor…..

Conservatives immediately blame the poor

 

[eagle1462010]

As usual

When given the option of blaming wealthy speculators or pointing at the poor…..

Conservatives immediately blame the poor

Dems pushed the loans then insured the banks should they fail. Then left the bill with Taxpayers.

Thats right in your court DNC Troll

 

[rightwinger]

Dems pushed the loans then insured the banks should they fail. Then left the bill with Taxpayers.

Thats right in your court DNC Troll

Poor people do not speculate in Real Estate

 

[Lisa558]

As usual

When given the option of blaming wealthy speculators or pointing at the poor…..

Conservatives immediately blame the poor

Did you not see that I said they are as culpable as the banks?

You want to excuse poor people from being irresponsible and blame only the evil corporations.

 

[Lisa558]

Poor people do not speculate in Real Estate

But they bought property in 2008, and then defaulted.

 

[Coyote]

That’s because speeding causes injury, so they slap you with a $100 ticket.

Nobody was injured in this case, and the Dems try to bankrupt him and his company.

You Dems are nasty, evil people. I’m ashamed I was ever one of you.

Fraud causes injury.

 

[Lisa558]

Perhaps we should sue all banks for over valuating homes since Covid.

Charge the about $400 mullion a house.

Or, as Mr. Wonderful pointed out, ALL real estate developers do this type of thing. Why was only Trump charged?

That Latricia Deville James was in mad hunt of a crime to bring down Trump, and the best she could come up with was one with no victim.

 

[Coyote]

You mean businesses that are accustomed to getting away with fraud?

Bingo. Why do people think fraud is acceptable? Oh…wait….they’re the ones going after Hunter Biden for fraud.

This is interesting.

 

[rightwinger]

But they bought property in 2008, and then defaulted.

Many, many people who bought overvalued property in 2008 defaulted

 

[Lisa558]

Fraud causes injury.

Not on this case. The lender made $100 million.

And apparently this type of thing is done among real estate developers all the time - with the added caveat recommending the lender do his own due diligence. So riddle me this:

1) Why has no other developer been charged?

2) Why is a victimless crime being punished beyond all reason at the same time liberal prosecutors are pushing felonies down to misdemeanors so the dangerous, violent criminals can be put back on the street?

Purely driven by politics, using law enforcement to punish Biden’s key opponent.

 

[Lisa558]

Many, many people who bought overvalued property in 2008 defaulted

None of them were smart, were they? I knew enough not to buy in a housing bubble.

 

[Blues Man]

More ridiculous “Blame the poor” for a massive economic collapse that brought down the economy.
Follow the money
It was not the poor blindly speculating on a rampaging Real Estate market

Everyone and their brother were financing and refinancing their homes every time the value went up

 

[WorldWatcher]

So who gets the money?

Most goes to the state.

Judge Engoron gets a percentage of each judgement he makes.

The city of NY was not damaged.

It was a State case not a NYC case.

WW

 

[Coyote]

Not on this case. The lender made $100 million.

And apparently this type of thing is done among real estate developers all the time - with the added caveat recommending the lender do his own due diligence. So riddle me this:

So the argument is that “everyone does it”?

The caveat doesn’t cover deliberate tax fraud…doesn’t really mean anything at all.


Why does Trump get a free pass? If tax fraud is ok…why go after Hunter Biden?

1) Why has no other developer been charged?

They have…here is one of many examples.

Ex-Real Estate Empire Executive Arrested for Larceny, Tax Fraud

A former New York executive facing lawsuits over the collapse of real estate empire HFZ Capital Group has been arrested in Miami, charged with grand larceny and tax fraud.

news.bloomberglaw.com

2) Why is a victimless crime being punished beyond all reason at the same time liberal prosecutors are pushing felonies down to misdemeanors so the dangerous, violent criminals can be put back on the street?

So tax fraud is victimless? It is stealing money that pays our military and services to people.

Purely driven by politics, using law enforcement to punish Biden’s key opponent.

Really? Is that why you are pursuing Hunter Biden? Or is fraud ok if it is your guy?

 

[eagle1462010]

Bingo. Why do people think fraud is acceptable? Oh…wait….they’re the ones going after Hunter Biden for fraud.

This is interesting.

Oh the gas company needed a drug addict. Sure sure

 

[eagle1462010]

Many, many people who bought overvalued property in 2008 defaulted

How many banks were tried for the housing bubble?

 

[EvilCat Breath]

I hope New York City becomes a ghost town.

It won't. It will be a forward operating base for invaders.

 

[Billo_Really]

When damages are awarded, the money goes to the injured party. In this case, just another case to keep Trump from the WH and punish him for disobeying the rulers and going forward with his run, there IS no damaged party. Nobody lost money. (To the contrary, both parties to the contract made money.) Nobody was maimed. Nobody was deprived of his livelihood, or missed months of work, or had his car damaged, etc., etc.)

So who gets the money? The city of NY was not damaged. Should the Dem prosecutors be able to hunt down the evil rich, drum up ridiculous charges, and force them to turn over a third of a billion?

The piece of shit committed fraud. He lied. He inflated his wealth to get loans, then devalued his wealth to pay less taxes.

You are one sick puppy if you think this is acceptable behavior.

 

[boedicca]

Trump is never going to pay this fine. It will be overturned on appeal.