# NY AG Letitia James drops the (civil) hammer {On Trump & Family} \[9/21/2022\] **URL:** \ **Category:** Politics & Elections\ **Tags:** trump\ **Created:** [September 21, 2022, 4:13pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991 "2022-09-21T16:13:24Z")\ **Posts on this page:** 20\ **Page:** 151
**Author:** ![Measure\_for\_Measure](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/measure_for_measure/32/557_2.png) [@Measure\_for\_Measure](https://boards.straightdope.com/u/Measure_for_Measure)\ **Post date:** [March 25, 2024, 10:25pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3002 "2024-03-25T22:25:58Z")
Bloomberg took their pre-existing estimate of Trump’s wealth (2.6 billion) and added 3.9 billion, which is the value of his Truth Social shares at Friday’s DWAC close. So 6.5 billion. That’s a highly speculative figure. The 2.6 billion estimate could very well be too high, given the verdict of the latest court case. The 3.9 billion figure is highly frothy, for reasons discussed in other threads. I’d bet even money (nominal amounts) that Trump will drop off the Bloomberg 500 list at least once between now and November. The cutoff is currently 5.77 billion. ---
**Author:** ![dtilque](https://avatars.discourse-cdn.com/v4/letter/d/d6d6ee/32.png) [@dtilque](https://boards.straightdope.com/u/dtilque)\ **Post date:** [March 25, 2024, 11:24pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3003 "2024-03-25T23:24:13Z")
> [@Ferris](#): > > I found [this Forbes article](https://www.forbes.com/sites/danalexander/2021/10/07/trumps-debt-now-totals-an-estimated-13-billion/?sh=7f77987e4575) from 2021 that lists mortgages and loans due totalling over a billion dollars. Much will have changed since then, of course. > > Is there any similar information available that’s more up to date? It doesn’t matter. Any new info may have other loans due, but that’s misleading. The thing about high value real estate is that it’s always mortgaged, usually about 35-50%. And when one of those mortgages comes due, the lendee will have a new loan lined up to pay off the old. ---
**Author:** ![jsc1953](https://avatars.discourse-cdn.com/v4/letter/j/5daacb/32.png) [@jsc1953](https://boards.straightdope.com/u/jsc1953)\ **Post date:** [March 25, 2024, 11:29pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3004 "2024-03-25T23:29:06Z")
> [@Euphonious\_Polemic](#): > > So in the end, I fondly hope that Trump is left cashless, with underwater properties and loans called in, leaving him in the poorhouse. A bonus will be if he’s also locked up. Are there no prisons? And the Union workhouses, are they still in operation? The Treadmill and the Poor Law are in full vigour, then? ---
**Author:** ![eschereal](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/eschereal/32/18939_2.png) [@eschereal](https://boards.straightdope.com/u/eschereal)\ **Post date:** [March 25, 2024, 11:37pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3005 "2024-03-25T23:37:03Z")
> [@jsc1953](#): > > Are there no prisons? This is a civil case. One does not go to prison for losing a civil case. ---
**Author:** ![Cervaise](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cervaise/32/16693_2.png) [@Cervaise](https://boards.straightdope.com/u/Cervaise)\ **Post date:** [March 25, 2024, 11:39pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3006 "2024-03-25T23:39:23Z")
(psst, he’s quoting Dickens) ---
**Author:** ![MulderMuffin](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/muldermuffin/32/2862_2.png) [@MulderMuffin](https://boards.straightdope.com/u/MulderMuffin)\ **Post date:** [March 26, 2024, 3:57am UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3007 "2024-03-26T03:57:50Z")
Copied from a screen shot in a video, so I’m not entirely sure of the newspaper source. The video was from Brian Tyler Cohen. These two restrictions were also put on hold pending the appeal by the appeals court: –cannot run any New York company for 3 years –cannot obtain a loan from a New York bank. > Justice Engoron did not stop there. He also imposed several restrictions on Mr. Trump and his family business. For three years, Mr. Trump cannot run any New York company, including portions of his own, nor can he obtain a loan from a New York bank. The same restrictions apply to his adult sons for two years. And he extended the appointment of an independent monitor, a watchful outsider to keep an eye on the family business. > > In a surprise move, the appeals court on Monday also paused most of those new restrictions, save for the monitor. BTC ---
**Author:** ![jsc1953](https://avatars.discourse-cdn.com/v4/letter/j/5daacb/32.png) [@jsc1953](https://boards.straightdope.com/u/jsc1953)\ **Post date:** [March 26, 2024, 4:49am UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3008 "2024-03-26T04:49:32Z")
> [@Cervaise](#): > > (psst, he’s quoting Dickens) Thank you. And I’m tickled by the idea of Trump in debtor’s prison, more so than a regular one. ---
**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\ **Post date:** [March 26, 2024, 6:53pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3009 "2024-03-26T18:53:20Z")
It looks like he started a new business venture to chip away at the debt > **[Trump is selling 'God Bless the USA' Bibles for $59.99 as he faces mounting...](https://apnews.com/article/trump-god-bless-usa-bible-greenwood-2713fda3efdfa297d0f024efb1ca3003)** > > Former President Donald Trump is hawking Bibles as he runs to return to the White House. The presumptive Republican nominee Tuesday released a video on his Truth Social platform urging supporters to buy the “God Bless the USA Bible." ---
**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\ **Post date:** [March 26, 2024, 7:06pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3010 "2024-03-26T19:06:24Z")
> [@hajario](#): > > It looks like he started a new business venture to chip away at the debt It reminds me of the [Bible scam from _Paper Moon_.](https://www.youtube.com/watch?v=ATGMbNOmAYs) ---
**Author:** ![Elmer\_J.Fudd](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/elmer_j.fudd/32/1211_2.png) [@Elmer\_J.Fudd](https://boards.straightdope.com/u/Elmer_J.Fudd)\ **Post date:** [March 26, 2024, 7:09pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3011 "2024-03-26T19:09:26Z")
$59.95? He’s not doing it right. Ya gotta have it engraved with a rich widow’s name and tell her her husband ordered it for her but hadn’t paid yet. ETA: Ninja’d ---
**Author:** ![OldOlds](https://avatars.discourse-cdn.com/v4/letter/o/a3d4f5/32.png) [@OldOlds](https://boards.straightdope.com/u/OldOlds)\ **Post date:** [March 26, 2024, 7:09pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3012 "2024-03-26T19:09:49Z")
I mean, that’s gotta violate some of the rules in the Bible, no? I suppose there WAS that Golden Calf-Trump. ---
**Author:** ![scabpicker](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/scabpicker/32/8268_2.png) [@scabpicker](https://boards.straightdope.com/u/scabpicker)\ **Post date:** [March 26, 2024, 8:59pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3013 "2024-03-26T20:59:50Z")
> [@Johnny\_L.A](#): > > It reminds me of the [Bible scam from _Paper Moon_.](https://www.youtube.com/watch?v=ATGMbNOmAYs) > [@Elmer\_J.Fudd](#): > > $59.95? He’s not doing it right. Ya gotta have it engraved with a rich widow’s name and tell her her husband ordered it for her but hadn’t paid yet. > > ETA: Ninja’d Hehee, first thing I that came to mind for me, as well. Maybe we can get him to wrestle Randy Quaid. ---
**Author:** ![Smapti](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/smapti/32/17938_2.png) [@Smapti](https://boards.straightdope.com/u/Smapti)\ **Post date:** [March 26, 2024, 9:11pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3014 "2024-03-26T21:11:21Z")
> [@Joey\_P](#): > > If I’m reading it [the one I linked to] correctly, his net worth of 6.4billion is based on Truth Social being worth $5,000,000,000 (or his share of it or something). Twooth Social is worth 5 billion in the same way that Twitter is worth 44 billion. ---
**Author:** ![Joey\_P](https://avatars.discourse-cdn.com/v4/letter/j/919ad9/32.png) [@Joey\_P](https://boards.straightdope.com/u/Joey_P)\ **Post date:** [March 26, 2024, 9:26pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3015 "2024-03-26T21:26:07Z")
Has James set her sites on it yet? I don’t remember, but I’d think the value would plummet if she even thought about taking it. While it’s not really her problem as far what happens to the stock or the companies, it would be pointless for her to seize millions of dollars worth of stock from him only have it be worth a fraction of that when she sells it. But maybe there’s a protocol for that, how often does enough stock get seized that selling it would [significantly] move the needle? ---
**Author:** ![Shoeless](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/shoeless/32/7099_2.png) [@Shoeless](https://boards.straightdope.com/u/Shoeless)\ **Post date:** [March 26, 2024, 9:43pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3016 "2024-03-26T21:43:52Z")
> [@Smapti](#): > > > [@Joey\_P](#): > > > > If I’m reading it [the one I linked to] correctly, his net worth of 6.4billion is based on Truth Social being worth $5,000,000,000 (or his share of it or something). > > Twooth Social is worth 5 billion in the same way that Twitter is worth 44 billion. I was reading an op-ed by Josh Marshall at Talking Points Memo the other day and he had an interesting observation: > On paper he now has a couple billion dollars tied to his Truth Social Twitter clone. Literally nobody thinks that valuation makes any sense. I looked it up. **Truth Social has total revenue roughly equal to TPM’s and about something like $50 million in expenses.** The whole thing is a joke. ---
**Author:** ![dougrb](https://avatars.discourse-cdn.com/v4/letter/d/76d3ee/32.png) [@dougrb](https://boards.straightdope.com/u/dougrb)\ **Post date:** [March 26, 2024, 9:43pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3017 "2024-03-26T21:43:52Z")
First day of trading under the new ticker DJT. Big surge in volume and the price went from $71 to $58. That sounds more like “get out while the gettens good” ---
**Author:** ![penultima\_thule](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/penultima_thule/32/3833_2.png) [@penultima\_thule](https://boards.straightdope.com/u/penultima_thule)\ **Post date:** [March 26, 2024, 10:11pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3018 "2024-03-26T22:11:00Z")
> [@dougrb](#): > > That sounds more like “get out while the gettens good” Understandable sentiments to stag out of the IPO, but on the other side of the contract, somebody was paying USD58 to get in. ---
**Author:** ![Love\_Rhombus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/love_rhombus/32/10694_2.png) [@Love\_Rhombus](https://boards.straightdope.com/u/Love_Rhombus)\ **Post date:** [March 26, 2024, 10:11pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3019 "2024-03-26T22:11:46Z")
Isn’t Trump’s plane a Boeing? I say let him keep it, the way things are going with their stuff. ---
**Author:** ![Joey\_P](https://avatars.discourse-cdn.com/v4/letter/j/919ad9/32.png) [@Joey\_P](https://boards.straightdope.com/u/Joey_P)\ **Post date:** [March 26, 2024, 10:13pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3020 "2024-03-26T22:13:48Z")
Trump Force 1 is a 757, I believe the problems have all been with the 737 Max. ---
**Author:** ![smithsb](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/smithsb/32/12107_2.png) [@smithsb](https://boards.straightdope.com/u/smithsb)\ **Post date:** [March 27, 2024, 1:25am UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3021 "2024-03-27T01:25:08Z")
Totally without actually checking; I’ll bet the $59.99 is ᵢₙₛₜₐₗₗₘₑₙₜₛ you can’t turn off without a microscope and a lawyer. > [@Joey\_P](#): > > Trump Force 1 is a 757, I believe the problems have all been with the 737 Max. The C-46 tanker dwarfs the 737 Max losses to date. See also 787 Dreamliner problems. Also F-15 EX is beset with delays. [Previous page](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991.md?page=150) [Next page](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991.md?page=152)