Zero Hedge Article Rating

Trump Says Putting Forward $464 Million Bond "Impossible" In NY Appeal

Mar 18, 2024 View Original Article
  • Bias Rating

    62% Medium Conservative

  • Reliability

    60% ReliableFair

  • Policy Leaning

    78% Very Conservative

  • Politician Portrayal

    -63% Negative

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

-30% Negative

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  •   Conservative
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Bias Meter

Contributing sentiments towards policy:

55% : Defendants argue that their business partners -- including Deutsche Bank and the Zurich financial group -- were "sophisticated" major financial institutions that testified they did their own analyses, were aware of the Trump Organization SFC disclaimers, and would not have changed the terms offered to Trump Organization "in light of the alleged 'misrepresentations'" in the SFCs as the attorney general presented at trial.
55% : The massive figure is not an objective one; the state needed to tease out the portion of profit earned by Trump Organization that would have been a result only of inflated numbers presented on the SFCs.
48% : The judge had also put a ban on President Trump holding a director position in any financial or legal entity in the state for three years or taking out loans from any financial institution chartered in the state, and more limited bans for his sons Eric Trump and Donald Trump Jr.Crucially, he extended the third-party monitorship of Trump Organization, with future reviews based on the monitor's report for additional penalties including the extension of monitorship and even business certificate cancellations.
43% : A $454 million bond would require President Trump to have $1 billion in cash reserves, and four brokers have separate brokers have tried to obtain one so far to no avail.
27% : The bond President Trump would have to put up would include backdated interest at 9 percent, adding another $100 million to the court ordered fine, which defense attorneys say has been improperly classified as disgorgement of ill-gotten gains.
24% : Defense attorneys submitted a hefty, nearly 5,000-page reply brief March 18, reopening arguments that had not been accepted during trial after New York Supreme Court Justice Arthur Engoron had already entered a summary judgment finding President Trump liable for fraud.
18% : Attorneys for former President Donald Trump urged a New York appeals court again on March 18 to remove or lower the $464 million bond President Trump must pay in less than a week as he tries to appeal a more than $350 million judgment from a civil fraud case.
14% : The attorney general had accused President Trump and other Trump Organization executives of persistent and repeated fraud and artificially inflating President Trump's net worth through annual statements of financial condition (SFC), which were an informal summary document of Trump Organization assets.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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