- cross-posted to:
- antitrumpalliance@lemmy.world
- cross-posted to:
- antitrumpalliance@lemmy.world
Less than a month after New York Attorney General Letitia James said she would be willing to seize former Republican President Donald Trumpās assets if he is unable to pay the $464 million required by last monthāsĀ judgmentĀ in his civil fraud case, Trumpās lawyers disclosed in court filings Monday that he had failed to secure a bond for the amount.
In the nearly 5,000-page filing, lawyers for TrumpĀ saidĀ it has proven a āpractical impossibilityā for Trump to secure a bond from any financial institutions in the state, as āabout 30 surety companiesā have refused to accept assets including real estate as collateral and have demanded cash and other liquid assets instead.
To get the institutions to agree to cover that $464 million judgment if Trump loses his appeal and fails to pay the state, he would have to pledge more than $550 million as collateralāāa sum he simply does not have,āĀ reportedThe New York Times, despite his frequent boasting of his wealth and business prowess.
Right, but thatās not what weāre talking about here - weāre not saying āHey LLM, write a convincing sounding legal argument for Xā, weāre saying āHey LLM, hereās a massive block of text, summarize what you can and give me references to places in the text that answer my questions so I can look at the actual text as part of building my own convincing sounding legal argument for X.ā
Itās the difference between doing a report on a topic by just quoting the Wikipedia article, versus using the Wikipedia article to get a list of useful sources on the topic.