Attorney General Tish James’ civil suit against Donald Trump may be great for her career, but it’s a disaster for New York’s economy.
The Trump trial is a warning to anyone doing, or thinking of doing, business here: A headline-hunting prosecutor can go to a hack judge’s courtroom and use perverse New York laws to potentially destroy your company.
Sure, Trump’s local business reputation has long been . . . mixed. But he’s plainly being railroaded here.
Last month, Justice Arthur Enrogon ruled that financial documents Trump gave to banks and insurance companies “contain fraudulent valuations” of his real-estate assets, and proceeded to cancel business certificates permitting some of Trump’s companies to operate.
James is seeking a $250 million penalty; the court could dissolve the ex-prez’s businesses.
That’d be great news for Trump’s victims — except . . . there are no victims.
The judge himself admits it: “Defendants correctly assert that ‘the record is devoid of any evidence of default, breach, late payment, or any complaint of harm.’ ”
Yet he dismisses that as “irrelevant.”
Then again,…
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