Donald Trump appeals $454 million judgment in New York civil fraud case
NPR Online NewsFEB 2024
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Trump's in this predicament because he lied about his wealth and success for decades, so it shouldn't be a surprise to him that insurance companies now see him as a loan risk. This is business karma for Trump, who should lose his skyscrapers and golf resorts as a penalty for fraudulent behavior.
Even Trump's enemies must admit this was an absurd judgment that resulted from a judge making an unprecedented and arbitrary ruling as part of the political witch hunt against the former president. This judgment, and Trump's struggles to post bond, should be a warning to businesses considering investing in New York.