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submitted 9 months ago by MicroWave@lemmy.world to c/politics@lemmy.world

The Trump Organization is trying to determine the sweep of Tuesday’s ruling that Donald Trump is liable for fraud and what it means for the future of the former president’s namesake business, his attorneys say.

At a pre-trial hearing Wednesday, Trump attorneys said they didn’t know to which part of the company the ruling applied and were starting to work out what may need to be dissolved to comply with the judge’s surprise decision.

Officials from New York Attorney General Letitia James’ office also said they needed more time to go through the order.

The fraud case “changed significantly since yesterday,” New York Judge Arthur Engoron said in court Wednesday, referring to his stunning ruling where he found Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification.

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[-] shalafi@lemmy.world 55 points 9 months ago

At best, The Trump Organization gets pulled into little, tiny pieces that are unable to work together. There won't be anything left of value, power or influence.

Bought time we hit him in the money. Kicked him in the fork so hard he suddenly went deaf.

And if it needs saying, money is the only thing propping this man up. His influence will evaporate overnight once he's truly broke.

[-] geekworking@lemmy.world 71 points 9 months ago

Don't underestimate the ability of stupid people to give him money. I suspect that he makes more from the grifting than the company. Losing the company martyrdom will be a boon for fundraising.

[-] obviouspornalt@lemmynsfw.com 10 points 9 months ago

Don't underestimate the ability of Saudi Arabia to give him money.

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this post was submitted on 28 Sep 2023
384 points (98.2% liked)

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