Thursday, April 18, 2024

Disgraceful: Appellate Judges Cut Trump’s Bond to $175 Million, Allow Him and Sons to Continue Doing Business


This just in: A panel of 5 cowardly judges has allowed Donald Trump to post a lower bond — $175 million — for appeal in his fraud trial. They’ve also stayed the order that Trump and his sons are barred from doing business in New York.

Disgraceful. Trump will be crowing about this as a win all over any media that will have him.

Link to the motion.

“It is ordered that the motion is granted to the extent of staying enforcement of
those portions of the Judgment (1) ordering disgorgement to the Attorney General of
$464,576,230.62, conditioned on defendants-appellants posting, within ten (10) days of
the date of this order, an undertaking in the amount of $175 million dollars; (2)
permanently barring defendants Weisselberg and McConney from serving in the
financial control function of any New York corporation or similar business entity; (3)
barring defendants Donald J. Trump, Weisselberg and McConney from serving as an
officer or director of any New York corporation for three years; (4) barring defendant
Donald J. Trump and the corporate defendants from applying for loans from New York
financial institutions for three years; and (5) barring defendants Donald Trump, Jr. and
Eric Trump from serving as an officer or director of any New York corporation in New
York for two years. The aforesaid stay is conditioned on defendants-appellants
perfecting the appeals for the September 2024 Term of this Court. The motion is
otherwise denied, including to the extent it seeks a stay of enforcement of portions of the
judgment (1) extending and enhancing the role of the Monitor and (2) directing the
installation of an Independent Director of Compliance.”

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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