Trump News for Friday, February 16, 2024
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Can Trump pay? What if he doesn’t? Here’s what to know about Trump’s massive civil judgments.
POLITICO
He’s now on the hook for nearly a half-billion dollars across three civil cases. These are the rules for when and how he must pay.
Feb 16, 2024, 11:33 PM
Donald Trump faces countless court cases. But this $US355 million fraud ruling could hurt the most
ABC News
The staggering fine could deal a major blow to the former president's brand, bank balance and business empire.
Feb 16, 2024, 11:24 PM
Kevin O'Leary slams Trump's civil ruling as 'un-American' and a shock to the entire real estate industry
New York Post
The "Shark Tank" mainstay had previously been critical of the fraud case from a business perspective, and he tells The Post his thoughts in an exclusive chat.
Feb 16, 2024, 11:09 PM
Trump, the ‘law-and-order’ candidate, is an adjudicated fraudster
The Guardian
The ex-president was ordered to pay $355m and banned from leading a business in New York. He’s on the worst kind of roll
Feb 16, 2024, 11:05 PM
How Trump Turns His Courtroom Losses Into Wins
The New York Times
Even after Mr. Trump had begun to lose, and face real financial and business consequences, he was working out a way to benefit from being placed on trial.
Feb 16, 2024, 11:02 PM
Trump SPAC Digital World announces date for special stockholder meeting
Seeking Alpha
DWAC, the SPAC involved in the business combination with Trump's social media platform, Truth Social, will hold a special meeting on March 22 for...
Feb 16, 2024, 10:58 PM
Trump dealt blow in New York civil fraud trial: 5 key takeaways
Yahoo News
Former President Trump’s business empire was dealt a stark blow Friday when a New York judge ordered him to pay more than $355 million for conspiring to alter his net worth to receive tax and insurance benefits. Judge Arthur Engoron had already found Trump, his business and top executives — including the former president’s adult…
Feb 16, 2024, 10:53 PM
AP Explains: Judge orders Trump and his companies to pay over $350 million in fraud case
Yahoo Canada Finance
A New York judge has ordered Donald Trump and his companies to pay $355 million. The judge found they engaged in a years-long scheme to dupe banks and others with financial statements that inflated his wealth. (Feb. 16)
Feb 16, 2024, 10:47 PM
Trump privately favors 16-week national abortion ban, New York Times reports
Devdiscourse
Republicans' long campaign to end abortion rights has become a liability ahead of the 2024 elections, strategists from both parties have said. Biden's campaign quickly issued a statement on Friday criticizing Trump's purported policy proposal.
Feb 16, 2024, 10:46 PM
For Trump, Friday’s verdict is not just business. It’s personal.
POLITICO
“It will wear at him psychologically,” one Trump biographer and critic of him said.
Feb 16, 2024, 10:43 PM
ANALYSIS-Trump's civil fraud verdict appeal may hinge on 'no victims' defense
Devdiscourse
The civil lawsuit, filed by New York state Attorney General Letitia James in 2022, centered on misleading financial statements that Trump provided to banks to secure better terms on loans that he ultimately repaid.
Feb 16, 2024, 10:39 PM
EXPLAINER-How will Trump pay his $355 million civil fraud judgment?
Devdiscourse
The ban on applying for loans from banks registered or chartered in New York could severely restrict Trump's ability to raise cash. In addition to the $354.9 million judgment in the civil fraud case, Trump must pay $83 million in damages to writer E.
Feb 16, 2024, 10:37 PM
Takeaways from the $355 million civil fraud ruling against Donald Trump
Cable News Network
Judge Arthur Engoron hit Donald Trump with his biggest punishment to date on Friday, in a ruling that fined the former president $355 million for fraudulently inflating the values of his properties.
Feb 16, 2024, 10:36 PM
It’s Official: Trump’s Media-Focused Entity Is Finally Going Public as Digital World Announces a Shareholder Vote
Wccftech
The Trump Media and Technology Group faced serious cash constraints when it could not close its merger agreement with Digital World for an extended period.
Feb 16, 2024, 10:30 PM
Trump Was Ordered to Pay $355 Million for Civil Fraud
The New York Times
Also, Russia said Aleksei Navalny died in prison. Here’s the latest at the end of Friday.
Feb 16, 2024, 10:25 PM
'This hearing is nuts!' Fani Willis session sidelined by sexual assault allegation
Raw Story
Legal onlookers were stupefied on Friday as the ongoing ethics hearing into Fulton County District Attorney Fani Willis, the prosecutor bringing the election racketeering case against former President Donald Trump in Georgia, was sidelined by a sexual assault allegation.Specifically, Terrence Bradle...
Feb 16, 2024, 10:15 PM
Donald Trump fined $354.9m and banned from running businesses in New York for three years
Sky News
Attorney General Letitia James sought $370m and a ban on Trump and other defendants from doing business in New York.
Feb 16, 2024, 10:08 PM
The $355 Million Trump Fraud Fine Is Even Worse Than It Sounds
Slate
Trump's re-election chances may depend on surviving the upcoming prosecutorial barrage, but this legal defeat was a blow to his campaign and pocketbook.
Feb 16, 2024, 9:59 PM
The $355 million fine and business restrictions could end the Trump organization as we know it.
Slate
The ruling, if upheld, marks the end of the Trump Organization as we know it.
Feb 16, 2024, 9:55 PM
Evening Update: Jailed Kremlin critic Alexey Navalny dead at 47
The Globe and Mail
Also: Israel’s Rafah offensive approaches; Canadian hospitals and private nurses; Trump to pay penalty in civil fraud case
Feb 16, 2024, 9:42 PM
Trump won’t rule out 16-week abortion ban, but won’t commit either
POLITICO
President Joe Biden, who has sought to make reproductive rights a key element of his reelection effort, blasted the idea of a national ban.
Feb 16, 2024, 9:26 PM
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Donald Trump ordered to pay $355m and barred from New York business for three years
The Irish Times
Penalties awarded against former US president for overstating his net worth to dupe lenders
Feb 16, 2024, 9:22 PM
Trump Organization civil fraud trial: five key moments
The Guardian
The case ended with a $354.9m fine and a ban on running companies in New York – plus plenty of drama en route
Feb 16, 2024, 9:21 PM
Amazon Joins SpaceX in Fight to Declare U.S. Labor Board 'Unconstitutional'
Gizmodo
"They think that Trump is going to get elected—this is what the 2024 election needs to be about.”
Feb 16, 2024, 9:10 PM
Trump found liable in New York civil fraud case
7NEWS.com.au
Former US president Donald Trump has been found liable in his civil fraud case, and has been banned from doing business in New York for three years.
Feb 16, 2024, 9:08 PM