# NY AG Letitia James drops the (civil) hammer {On Trump & Family} \[9/21/2022\]

**URL:** <https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991>\
**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:** 7

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**Author:** ![EddyTeddyFreddy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/eddyteddyfreddy/32/18796_2.png) [@EddyTeddyFreddy](https://boards.straightdope.com/u/EddyTeddyFreddy)\
**Post date:** [September 22, 2022, 6:45pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/121 "2022-09-22T18:45:37Z")

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> [@Akaj](#):
>
> I imagine just the evidence of these overvaluations could start the collapse as creditors reassess their loans against their devalued collateral. They can make their own calls without having to wait for a verdict

This. This is what could take him down whatever happens or doesn’t with the AG’s lawsuit. Violate one’s loan covenants and the lender can and will call the loan; the sooner the better to protect the lender’s interest in the collateral.

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**Author:** ![Lance\_Turbo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lance_turbo/32/6156_2.png) [@Lance\_Turbo](https://boards.straightdope.com/u/Lance_Turbo)\
**Post date:** [September 22, 2022, 6:47pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/122 "2022-09-22T18:47:09Z")

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Right wingers: “Dragging Trump’s children into this is beyond the pale.”

Same exact right wingers ten seconds later: “And what about Hunter Biden?”

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**Author:** ![Akaj](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/akaj/32/145_2.png) [@Akaj](https://boards.straightdope.com/u/Akaj)\
**Post date:** [September 22, 2022, 6:54pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/123 "2022-09-22T18:54:28Z")

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> [@Lance\_Turbo](#):
>
> I would pay to witness his name coming off that building live and in person.

I feel the exact same way about the one in Chicago. I will be there that day.

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**Author:** ![snowthx](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/snowthx/32/10660_2.png) [@snowthx](https://boards.straightdope.com/u/snowthx)\
**Post date:** [September 22, 2022, 6:57pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/124 "2022-09-22T18:57:49Z")

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> [@Procrustus](#):
>
> It’s hard to believe he would think his 11,000 sq ft apartment was 33,000 sq. ft. I’m no real estate developer, but even I would know the difference.

Well, some guys are always exaggerating the size of things. Usually to compensate for something.

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**Author:** ![kenobi\_65](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/kenobi_65/32/13178_2.png) [@kenobi\_65](https://boards.straightdope.com/u/kenobi_65)\
**Post date:** [September 22, 2022, 6:59pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/125 "2022-09-22T18:59:12Z")

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> [@snowthx](#):
>
> Well, some guys are always exaggerating the size of things. Usually to compensate for something.

You’re referring to his short-fingered hands, right? Right? 😉

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**Author:** ![Lance\_Turbo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lance_turbo/32/6156_2.png) [@Lance\_Turbo](https://boards.straightdope.com/u/Lance_Turbo)\
**Post date:** [September 22, 2022, 6:59pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/126 "2022-09-22T18:59:41Z")

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> [@Akaj](#):
>
> I feel the exact same way about the one in Chicago.

I’m in Denver and I would happily travel to NYC, Chicago, Vancouver, wherever… to witness a massive, public humiliation of Trump.

NYC would be special though. He lived there, worked there, had a television show shot there…

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**Author:** ![Son\_of\_a\_Rich](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/son_of_a_rich/32/5439_2.png) [@Son\_of\_a\_Rich](https://boards.straightdope.com/u/Son_of_a_Rich)\
**Post date:** [September 22, 2022, 7:10pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/127 "2022-09-22T19:10:21Z")

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Didn’t CFSG once explain that a large % of his wealth was derived from the marketing of his name, and its worth fluctuated by how he felt any particular day?

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**Author:** ![Banksiaman](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/banksiaman/32/3334_2.png) [@Banksiaman](https://boards.straightdope.com/u/Banksiaman)\
**Post date:** [September 22, 2022, 7:41pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/128 "2022-09-22T19:41:03Z")

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The really useful table posted by @JohnT has symbol ‘K - íncreasing the value of a property by a fixed percentage to account for Trump brand value’.

There is lots of K in that table.

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**Author:** ![DesertDog](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/desertdog/32/11503_2.png) [@DesertDog](https://boards.straightdope.com/u/DesertDog)\
**Post date:** [September 22, 2022, 7:43pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/129 "2022-09-22T19:43:37Z")

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> [@Procrustus](#):
>
> It’s hard to believe he would think his 11,000 sq ft apartment was 33,000 sq. ft. I’m no real estate developer, but even I would know the difference.

A common size for a large commercial building like a warehouse or CostCo is 64,000 sf so T\*\*\*\* is thinking his apartment’s half the size of a CostCo store? – granted, he’s never set foot in one.

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**Author:** ![Lance\_Turbo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lance_turbo/32/6156_2.png) [@Lance\_Turbo](https://boards.straightdope.com/u/Lance_Turbo)\
**Post date:** [September 22, 2022, 7:44pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/130 "2022-09-22T19:44:42Z")

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@JohnT do you maybe have a link to the source for that table. It’s super interesting and I’d like to take a closer look but I prefer not reading pictures of words when I have the opportunity.

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**Author:** ![carnivorousplant](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/carnivorousplant/32/3563_2.png) [@carnivorousplant](https://boards.straightdope.com/u/carnivorousplant)\
**Post date:** [September 22, 2022, 7:45pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/131 "2022-09-22T19:45:03Z")

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> [@Czarcasm](#):
>
> He is showing them that it is possible to lie, cheat and steal and get away with it. What he does doesn’t deter them.  
> It _inspires_ them.

I recall some convict praising about Bernie Madoff when he was imprisoned. Bonnie and Clyde were pikers compared to him.

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**Author:** ![carnivorousplant](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/carnivorousplant/32/3563_2.png) [@carnivorousplant](https://boards.straightdope.com/u/carnivorousplant)\
**Post date:** [September 22, 2022, 7:46pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/132 "2022-09-22T19:46:32Z")

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> [@Akaj](#):
>
> What they don’t understand is that “having” is not the same as “owning,” and that those things can be taken away from him the second he fails to service his debts. (Well, not the younger, sexy wife, but I imagine she’ll split two seconds later.)

I would imagine that she would split earlier, while she can still get a cut.

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**Author:** ![DavidNRockies](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidnrockies/32/6279_2.png) [@DavidNRockies](https://boards.straightdope.com/u/DavidNRockies)\
**Post date:** [September 22, 2022, 7:50pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/133 "2022-09-22T19:50:24Z")

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> [@DesertDog](#):
>
> A common size for a large commercial building like a warehouse or CostCo is 64,000

Costco stores tend to average ~125-150,000sf.

Wal-Mart discount stores: ~107,000sf.

Wal-Mart Supercenters: ~187,000sf

[former commercial real estate guy]

ETA: better Walmart numbers

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**Author:** ![DesertDog](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/desertdog/32/11503_2.png) [@DesertDog](https://boards.straightdope.com/u/DesertDog)\
**Post date:** [September 22, 2022, 7:53pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/134 "2022-09-22T19:53:34Z")

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I stand corrected.

> [@Lance\_Turbo](#):
>
> I would pay to witness his name coming off that building live and in person.

Reminds me of the [opening scene](https://www.youtube.com/watch?v=3ZOV4YhquXI&t=78s) in _Meet John Doe_.

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**Author:** ![Yookeroo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/yookeroo/32/323_2.png) [@Yookeroo](https://boards.straightdope.com/u/Yookeroo)\
**Post date:** [September 22, 2022, 8:08pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/135 "2022-09-22T20:08:06Z")

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> [@Procrustus](#):
>
> I imagine _every_ bank is going to be very wary of loaning him money now that all this fraud has become public. No one is going to trust any of his financial statements. I also would love it if Forbes dropped him from their list, since he tried to lie his way up the the list.

We’re really only talking about Deutsche Bank, right? That’s the only bank that was willing to do business with him. Ever other bank wouldn’t touch him. And they’re cooperating, so they have to be done with him too.

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**Author:** ![wolfpup](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wolfpup/32/10618_2.png) [@wolfpup](https://boards.straightdope.com/u/wolfpup)\
**Post date:** [September 22, 2022, 8:19pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/136 "2022-09-22T20:19:41Z")

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> [@ShadowFacts](#):
>
> Mr. Trump has often boasted about the loyalty of his supporters.

He’s also boasted about their ignorance: “I love the poorly educated”.

> [@Lance\_Turbo](#):
>
> I would pay to witness his name coming off that building live and in person.

You could have come down to Toronto and witnessed such an event for free. Unsurprisingly, the original owners managing the hotel and condo complex under the Trump name had failed to make payments on a construction loan, and were also being sued by speculative condo buyers who saw the value of their investments plummet due to lack of demand.

I only wish they had removed the “T” first, and then let it sit that way for a couple of weeks.

> **[Trump sign removed from downtown Toronto hotel](https://www.theglobeandmail.com/news/toronto/trump-sign-removed-from-downtown-toronto-hotel/article35721318/)**
>
> The building’s owner, JCF Capital, announced a deal last month that would see the U.S. President’s name removed from the property

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**Author:** ![Akaj](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/akaj/32/145_2.png) [@Akaj](https://boards.straightdope.com/u/Akaj)\
**Post date:** [September 22, 2022, 8:22pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/137 "2022-09-22T20:22:52Z")

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> [@carnivorousplant](#):
>
> > [@Akaj](#):
> >
> > What they don’t understand is that “having” is not the same as “owning,” and that those things can be taken away from him the second he fails to service his debts. (Well, not the younger, sexy wife, but I imagine she’ll split two seconds later.)
> 
> I would imagine that she would split earlier, while she can still get a cut.

If she’s got any sense whatsover she’ll be gone this weekend.

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**Author:** ![wolfpup](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wolfpup/32/10618_2.png) [@wolfpup](https://boards.straightdope.com/u/wolfpup)\
**Post date:** [September 22, 2022, 8:30pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/138 "2022-09-22T20:30:59Z")

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If she had any sense (or morality) she’d never have married the orange shit-stain in the first place. But she seems to have the same self-serving money-grubbing ethos that he does. She’ll likely hang around until the prospect of looming bankruptcy – for what I believe would be the fifth and final time – finally appears to be killing her golden goose. And I’m sure she’s cunning enough to abscond while there’s still some gold to abscond with.

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**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\
**Post date:** [September 22, 2022, 8:33pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/139 "2022-09-22T20:33:07Z")

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“Bottle Kids!!!”

[![](https://img.youtube.com/vi/YKluE4v816w/hqdefault.jpg "Mr lahey gets hit with a bottle") ](https://www.youtube.com/watch?v=YKluE4v816w)

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**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:** [September 22, 2022, 8:42pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/140 "2022-09-22T20:42:15Z")

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> [@Lance\_Turbo](#):
>
> @JohnT do you maybe have a link to the source for that table. It’s super interesting and I’d like to take a closer look but I prefer not reading pictures of words when I have the opportunity.

> **[Attorney General James Sues Donald Trump for Years of Financial Fraud](https://ag.ny.gov/press-release/2022/attorney-general-james-sues-donald-trump-years-financial-fraud)**
>
> Trump, Donald Trump Jr., Ivanka Trump, and Eric Trump Used Fraudulent Statements of Financial Condition to Obtain Millions in Economic Benefits Lawsuit Seeks to

Go all the way down. Click on Part 1. Go to pages 220-222.

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