{"id":31088,"date":"2023-12-19T06:36:18","date_gmt":"2023-12-19T11:36:18","guid":{"rendered":"https:\/\/ckms.ca\/?p=31088"},"modified":"2023-12-19T06:38:12","modified_gmt":"2023-12-19T11:38:12","slug":"judge-rejects-key-points-of-trumps-defense-in-ny-civil-fraud-case-in-bad-sign-for-former-president-cnn-politics","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=31088","title":{"rendered":"Judge rejects\u00a0key points of Trump\u2019s defense in NY civil fraud case\u00a0in bad sign for former president | CNN Politics"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2023\/12\/231130154352-engoron-trump-split.jpg\" alt=\"\" width=\"299\" height=\"168\" \/><span style=\"font-size: inherit;\">The New York trial judge overseeing Donald Trump\u2019s civil fraud trial wrote a scathing denial of the former president\u2019s latest attempt to toss the state attorney general\u2019s case against him \u2014 potentially a preview of a tough outcome for Trump as the trial process winds down.<\/span><\/p>\n<p>Source: <em><a href=\"https:\/\/www.cnn.com\/2023\/12\/18\/politics\/engoron-trump-denial\/index.html\">Judge rejects\u00a0key points of Trump\u2019s defense in NY civil fraud case\u00a0in bad sign for former president | CNN Politics<\/a><\/em><\/p>\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p>holy-o-fuck this guy has balls!<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cBartov is a tenured professor, but all that his testimony proves is that for a million or so dollars, some experts will say whatever you want them to say,\u201d Engoron wrote. \u201cBy doggedly attempting to justify every misstatement, Professor Bartov lost all credibility.\u201d<\/p><\/blockquote>\n\n\n\n<p>this is called &#8220;opportunity loss&#8221; or &#8220;opportunity cost&#8221;?  even if the banks made millions, they could havve done better with the money elswehere, and if not the banks, the shareholders oof the banks who are deprived of their possible profits bifgger.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cIf you pay a lower interest rate on a loan by overstating the value of any of your assets, thus lowering the perceived risk to the lender, your gains are ill-gotten,\u201d Engoron said. \u201cThat the instant lenders made millions of dollars and were happy with the transactions does not mean that they were not damaged by lending at lower interest rates than they otherwise would have.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The New York trial judge overseeing Donald Trump\u2019s civil fraud trial wrote&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[18,140,72],"class_list":["post-31088","post","type-post","status-publish","format-standard","hentry","category-article","tag-economics","tag-paul","tag-usa-usa-usa","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/31088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31088"}],"version-history":[{"count":2,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/31088\/revisions"}],"predecessor-version":[{"id":31091,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/31088\/revisions\/31091"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}