# 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:** 158
**Author:** ![Euphonious\_Polemic](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/euphonious_polemic/32/3002_2.png) [@Euphonious\_Polemic](https://boards.straightdope.com/u/Euphonious_Polemic)\ **Post date:** [April 3, 2024, 2:59am UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3142 "2024-04-03T02:59:28Z")
> [@ParallelLines](#): > > > Ultimately, he put up all cash,” Hankey said, adding that he does not know where the $175 million in cash that Trump posted came from. > > The suspicious part of me wonders why, if he had the cash available, he didn’t just post the bond himself (saving Knight’s fee) I will guess Trump went through Knight to obfuscate the source of the cash…… Putin. ---
**Author:** ![Jihi](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jihi/32/17768_2.png) [@Jihi](https://boards.straightdope.com/u/Jihi)\ **Post date:** [April 3, 2024, 5:00am UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3143 "2024-04-03T05:00:07Z")
Wasn’t it a week or two ago that Orban made a visit to Mar-A-Lago? Could that figure into this somehow? ---
**Author:** ![The\_Other\_Waldo\_Pepper](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/the_other_waldo_pepper/32/12370_2.png) [@The\_Other\_Waldo\_Pepper](https://boards.straightdope.com/u/The_Other_Waldo_Pepper)\ **Post date:** [April 3, 2024, 5:28am UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3144 "2024-04-03T05:28:27Z")
> [@Chronos](#): > > As I understand it, if Trump were to try to screw Knight, that would have to be by him suing them, and meanwhile, the money would still be Knight’s. [“It was a relatively low number, and Donald Trump put up all the collateral in cash," Hankey said. Hankey could not recall if Trump also used bonds as collateral for the finalized bond, noting that his company reviewed some of the former president’s bonds, which he said were as “grade-A bonds, investment grade quality securities.” “We’re confident that we have very good collateral,” Hankey said.](https://abcnews.go.com/amp/US/trump-secures-175-million-bond-new-york-civil/story?id=108715465) Wait, what? He says that Trump put up all the collateral in cash, _and_ that he can’t recall if Trump also used bonds? He’s confident that he has very good collateral, which _isn’t_ a thing you’d say if you’d simply been handed cash? I’m honestly not even sure what the most cynical read would be… ---
**Author:** ![Euphonious\_Polemic](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/euphonious_polemic/32/3002_2.png) [@Euphonious\_Polemic](https://boards.straightdope.com/u/Euphonious_Polemic)\ **Post date:** [April 3, 2024, 5:44am UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3145 "2024-04-03T05:44:50Z")
> [@The\_Other\_Waldo\_Pepper](#): > > I’m honestly not even sure what the most cynical read would be… Mister Hankey is full of shit. ---
**Author:** ![Folly](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/folly/32/3219_2.png) [@Folly](https://boards.straightdope.com/u/Folly)\ **Post date:** [April 3, 2024, 11:18am UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3146 "2024-04-03T11:18:43Z")
> [@The\_Other\_Waldo\_Pepper](#): > > I’m honestly not even sure what the most cynical read would be… That an 80 year old Trump supporter did something really stupid. ---
**Author:** ![Northern\_Piper](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/northern_piper/32/5304_2.png) [@Northern\_Piper](https://boards.straightdope.com/u/Northern_Piper)\ **Post date:** [April 3, 2024, 11:28am UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3147 "2024-04-03T11:28:23Z")
Mr Hankey is trying to keep some aspects of the deal confidential, while reassuring the markets that his company will do alright out of the deal. ---
**Author:** ![Daithi\_Lacha](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/daithi_lacha/32/5430_2.png) [@Daithi\_Lacha](https://boards.straightdope.com/u/Daithi_Lacha)\ **Post date:** [April 3, 2024, 1:34pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3148 "2024-04-03T13:34:17Z")
So, this is interesting. > It’s not the first time Hankey and Trump’s businesses were intertwined. > > In 2022, Axos Bank, a California lender, [loaned Trump $100 million](https://www.cnn.com/2022/03/09/politics/trump-tower-refinance-mortgage-loan/index.html) to refinance the mortgage on Trump Tower. > > Although Hankey is a leading shareholder in Axos and was at the time of the 2022 loan, he said he was not aware of the Trump Tower loan at the time. > **[Billionaire whose firm backed Trump's $175 million bond reveals how the deal...](https://www.kten.com/story/50633570/billionaire-whose-firm-backed-trumps-175-million-bond-reveals-how-the-deal-came-together)** > > By Matt Egan, CNN ---
**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\ **Post date:** [April 3, 2024, 6:52pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3149 "2024-04-03T18:52:17Z")
Raise your hand if you are surprised to read that the bond filing for the $175m has been sent back by the state of NY because it needs ‘correcting’. [https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=FX5LeuzFvFRaeD3C6Ob/SA==&PageNum=23&narrow=](https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=FX5LeuzFvFRaeD3C6Ob/SA==&PageNum=23&narrow=) Item 1707, the very last on the list (as of now). ---
**Author:** ![ThelmaLou](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/thelmalou/32/390_2.png) [@ThelmaLou](https://boards.straightdope.com/u/ThelmaLou)\ **Post date:** [April 3, 2024, 6:56pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3150 "2024-04-03T18:56:56Z")
Delay is the name of the game. ---
**Author:** ![rocking\_chair](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rocking_chair/32/2918_2.png) [@rocking\_chair](https://boards.straightdope.com/u/rocking_chair)\ **Post date:** [April 3, 2024, 7:17pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3151 "2024-04-03T19:17:37Z")
but of course. hope they correct it by tomorrow. ---
**Author:** ![Northern\_Piper](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/northern_piper/32/5304_2.png) [@Northern\_Piper](https://boards.straightdope.com/u/Northern_Piper)\ **Post date:** [April 3, 2024, 7:25pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3152 "2024-04-03T19:25:16Z")
I don’t think this is the type of delay favourable to Trump. If he doesn’t file an acceptable bond by tomorrow, then he’s not in compliance with the court’s order. ---
**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:** [April 3, 2024, 7:25pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3153 "2024-04-03T19:25:45Z")
> [@JohnT](#): > > Item 1707, the very last on the list (as of now). I’m not experience in reading these, and can’t find Item 1707. What does it say? ---
**Author:** ![rocking\_chair](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rocking_chair/32/2918_2.png) [@rocking\_chair](https://boards.straightdope.com/u/rocking_chair)\ **Post date:** [April 3, 2024, 7:28pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3154 "2024-04-03T19:28:59Z")
1707 BOND/UNDERTAKING Returned For Correction it is the last item on page 23. ---
**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:** [April 3, 2024, 7:53pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3155 "2024-04-03T19:53:43Z")
Thanks. ‘Returned For Correction’ doesn’t really say anything. FWIW, I don’t know how to find page 23. All I see is this: > [Help](https://iappscontent.courts.state.ny.us/NYSCEF/live/help/efile%20Document%20List.pdf) > > # 452564/2022 - New York County Supreme Court > > Short Caption: **PEOPLE OF THE STATE OF NEW YORK, by LETITIA JAMES, Attorney General of the State of New York v. Donald J. Trump et al** Case Type: **Commercial - Other (EL 63(12)Fraud Illegality)** > Case Status: **Active** > eFiling Status: **Full Participation Recorded** > Assigned Judge: **Arthur F. Engoron** > > - [Document List](https://iapps.courts.state.ny.us/nyscef/SearchDocuments?docketId=FX5LeuzFvFRaeD3C6Ob/SA==) > - [Case Detail](https://iapps.courts.state.ny.us/nyscef/CaseDetails?docketId=FX5LeuzFvFRaeD3C6Ob/SA==) > > There aren’t any documents that match your search criteria. [Refresh original document list](https://iapps.courts.state.ny.us/nyscef/SearchDocuments?docketId=FX5LeuzFvFRaeD3C6Ob/SA==) EDIT: OK, I clicked on Case Detail and didn’t find anything. Then I clicked back on Document List and found 23 pages. Not a friendly page for lay persons. EDIT 2: The Document List works in the post. ---
**Author:** ![rocking\_chair](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rocking_chair/32/2918_2.png) [@rocking\_chair](https://boards.straightdope.com/u/rocking_chair)\ **Post date:** [April 3, 2024, 8:02pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3156 "2024-04-03T20:02:39Z")
no it doesn’t give much detail. now we all want to know how it needs to be corrected. that answer may take a bit. ---
**Author:** ![ParallelLines](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/parallellines/32/3575_2.png) [@ParallelLines](https://boards.straightdope.com/u/ParallelLines)\ **Post date:** [April 3, 2024, 8:05pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3157 "2024-04-03T20:05:04Z")
Educated guess, is that once again Trump and/or Knight added in some extremely favorable timeframes against normal operating guidelines just as in Trump’s prior bond. But just an educated guess. ---
**Author:** ![aurora\_maire](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/aurora_maire/32/328_2.png) [@aurora\_maire](https://boards.straightdope.com/u/aurora_maire)\ **Post date:** [April 3, 2024, 8:38pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3158 "2024-04-03T20:38:42Z")
> [@Northern\_Piper](#): > > Mr Hankey is trying to keep some aspects of the deal confidential, while reassuring the markets that his company will do alright out of the deal. He is a MAGA billionaire (Forbes says 7.4 billion). $175 million is no big deal to him. He could have personally covered that himself. If he loses it, he could just consider it a donation to the cause. And mistakenly believe that Trump would owe him a favor. ---
**Author:** ![BeepKillBeep](https://avatars.discourse-cdn.com/v4/letter/b/9e8a1a/32.png) [@BeepKillBeep](https://boards.straightdope.com/u/BeepKillBeep)\ **Post date:** [April 3, 2024, 8:46pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3159 "2024-04-03T20:46:43Z")
A post on Twitter by Jeffrey Levine said it was returned for correction because he had not included a current financial statement and power-of-attorney. > **[Donald Trump forced to reveal his finances to save his properties](https://www.newsweek.com/donald-trump-forced-reveal-his-finances-save-his-properties-1886609)** > > Documents for Trump's $175 million bond were returned to his lawyers. ---
**Author:** ![Whack-a-Mole](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/whack-a-mole/32/141_2.png) [@Whack-a-Mole](https://boards.straightdope.com/u/Whack-a-Mole)\ **Post date:** [April 3, 2024, 9:02pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3160 "2024-04-03T21:02:10Z")
Does this buy Trump yet more time? “Oopsie…we’ll need another month to get what you want.” Or, is he still beholden to the time originally set for the bond to be posted? ---
**Author:** ![Whack-a-Mole](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/whack-a-mole/32/141_2.png) [@Whack-a-Mole](https://boards.straightdope.com/u/Whack-a-Mole)\ **Post date:** [April 3, 2024, 9:12pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3161 "2024-04-03T21:12:18Z")
> [@aurora\_maire](#): > > He is a MAGA billionaire (Forbes says 7.4 billion). $175 million is no big deal to him. Interestingly though, I saw something on the news which said the court is not requiring Trump to provide a financial statement…it is the company issuing the bond which has to do that. So, this MAGA guy will need to disclose financial statements sufficient to let the court know he/his company is actually able to cover the bond. I wonder how keen he will be on doing that? MAGAts generally seem averse to such things. [Previous page](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991.md?page=157) [Next page](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991.md?page=159)