'The value goes up' as soon as Trump's name 'goes down' from buildings: expert
New York state Attorney General Letitia James will get the money former President Donald Trump owes after the more than $350 million fine levied against him in the civil business fraud case, Watergate lawyer Jill Wine-Banks told MSNBC anchor Joy Reid on Wednesday — even if she has to repossess his buildings and tear the name TRUMP off the side of them.
In fact, she added, that would probably make it easier to recoup what Trump owes.
"Let's talk more about Tish James," said Reid. "She's the one saying not only did she beat Trump in the civil fraud case, but she says give me your properties. You're either going to pay or give me your properties. What do you make of that?"
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"She's absolutely right," Wine-Banks said bluntly.
"He has to come up with the money," she continued. "He's been adjudged to have been a fraud. The judgment is a huge judgment. He cannot appeal unless he posts cash in about $500 million, almost, because of interest accruing daily, or put up his own money. He has to pay a bond which means extra interest, or put up his own money. If he fails to do that, the judgment becomes judgment-proof. He has to pay it."
If he won't or can't pay up, Wine-Banks added, "she's prepared to seize his property. She will be able to do that. She can put liens on it to collect it. She has more power than just you and I as citizens ... she can actually seize the buildings and remove the words Trump. The value goes up soon as you remove those words."
In any case, she said, "It's an offense every time you walk past" to see his name on those buildings.
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