‘Absolute gross miscarriage of justice’: Trump bond lowered by $289 million with more time

MSNBC
25 Mar 202408:46

Summary

TLDRThe discussion revolves around a recent appeals court decision that has reduced the bond amount for the former president from $465 million to $175 million. The participants express their frustration and disbelief at the court's decision, suggesting that it represents a different and unfair process for the former president. They also touch upon the implications of the ruling, including restrictions on certain defendants' financial activities and the barring of two individuals from serving in financial control for three years.

Takeaways

  • 📉 A bond amount of $465 million related to a case involving the former President has been reduced to $175 million by an appeals court.
  • 🗣️ The reduction in bond amount was a breaking news update during a discussion.
  • 🕒 The former President was given more time to pay a smaller amount, which is seen as a deviation from the usual process.
  • 👥 The participants in the discussion expressed frustration and disbelief at the court's decision.
  • 🚨 One participant called the process a 'gross miscarriage of justice' and questioned the fairness of the judicial system.
  • 🏛️ The Supreme Court of the State of New York, Appellate Division, First Judicial Department, was involved in making the decision.
  • 🔢 The order detailed that $175 million must be posted within ten days and specified restrictions on certain individuals and corporate defendants.
  • 🤔 The reasons behind the reduction from $465 million to $175 million were not provided in the court's order.
  • 💭 There was a discussion about the impact of fines on individuals with vastly different financial capabilities.
  • 📉 The court's decision was seen as unusual and a departure from the norm, with no clear explanation for the significant reduction.
  • 🗣️ The public's trust in the judicial system was questioned, with the participants arguing that New York's residents deserve better.

Q & A

  • What was the original amount of the bond mentioned in the script?

    -The original amount of the bond mentioned in the script was $465 million.

  • What is the new reduced amount of the bond that the former president has to deal with?

    -The new reduced amount of the bond is $175 million.

  • What does the appeals court's decision entail?

    -The appeals court's decision allows the former president to post a smaller bond of $175 million within ten days.

  • How does David perceive the different treatment of the former president in the legal process?

    -David suggests that the former president is receiving a different process, implying that he is being given more time to pay less money compared to what others might experience in similar situations.

  • What is Tristian's view on the court's decision?

    -Tristan finds the decision infuriating and flawed, viewing it as a travesty of justice and a sign that the former president is receiving his own private system of justice.

  • What does the court's order entail regarding Donald J. Trump and the corporate defendants?

    -The court's order bars Donald J. Trump and the corporate defendants from applying for loans in New York for three years.

  • What are the consequences for Weisselberg and McConney according to the court's order?

    -Weisselberg and McConney are permanently barred from serving in any financial control or oversight roles, among other issues.

  • How does the script describe the typical process for someone who cannot afford to pay a court-ordered amount?

    -Typically, individuals who cannot afford to pay a court-ordered amount will plead with the court to reduce the amount, and the court may give them some leeway.

  • What is the significance of the $1,000 fine example provided in the script?

    -The $1,000 fine example is used to illustrate the potential crippling impact of fines on average American households, as compared to the relative insignificance of such a fine for a billionaire.

  • How does the script characterize the lack of explanation for the reduction of the bond amount?

    -The script characterizes the lack of explanation for the bond amount reduction as frustrating and wrong, suggesting that the public deserves better transparency from the judicial system.

  • Who does Tristan believe the judicial process should serve?

    -Tristan believes that the judicial process should serve the people of the State of New York, emphasizing that they deserve better from their judicial system.

Outlines

00:00

📉 Reduced Bond for Former President

The paragraph discusses the significant reduction of a bond amount from half a billion dollars to $175 million for the former president. It highlights the breaking news of an appeals court allowing a smaller bond to be posted within ten days. The conversation implies a different legal process for the former president, with expectations of special treatment in court. The speakers express frustration and disbelief at the perceived injustice, suggesting that the normal rules do not apply to this individual.

05:01

🤔 Injustice in the Courtroom

This paragraph delves into the disparity between the legal treatment of the average person versus a wealthy individual, such as a billionaire. It contrasts the crippling effect of a $1,000 fine on an average household with the minimal impact of a fine on a billionaire. The discussion criticizes the lack of transparency and explanation in the court's decision to drastically reduce the bond amount. The speakers argue that the public deserves better from the judicial system and that the decision is a miscarriage of justice, emphasizing that the people of the state are the true plaintiffs in such cases.

Mindmap

Keywords

💡Fani Willis

Fani Willis is not directly mentioned in the context of the video script provided. However, as a public figure, she is likely referenced in relation to her role in legal matters, possibly as a prosecutor or legal analyst. In the context of the video, her name might be associated with the legal proceedings or cases being discussed.

💡Half a Billion Dollars Bond

A bond in the financial context refers to a debt security where an investor lends money to an entity (borrower) for a defined period of time in exchange for interest and the return of principal at maturity. In the context of the video, it appears to refer to a financial guarantee or security required in a legal case, possibly related to a settlement or financial obligation.

💡Former President

The term 'former president' refers to a person who has previously held the office of President but is no longer serving in that capacity. In the context of the video, it appears to refer to a specific individual, likely Donald Trump, who is involved in a legal case and has had his financial obligations adjusted by a court decision.

💡Appeals Court

An appeals court is a tribunal that hears cases on appeal from lower courts. Its primary function is to review the decisions of lower courts to ensure that the law has been applied correctly and that justice has been served. In the context of the video, the appeals court has made a decision to reduce the financial obligations of the former president.

💡Trump

In the context of the video, 'Trump' likely refers to Donald J. Trump, the 45th President of the United States, who is mentioned in relation to a legal case involving financial obligations and a bond. The discussion suggests that there are unique circumstances surrounding his case.

💡Private Court of Justice

The term 'private court of justice' is not a formal legal concept but is used here to criticize the perceived preferential treatment of an individual by the judicial system, suggesting that they receive their own set of rules or processes that are different from those applied to the general public.

💡Capitol

The Capitol refers to the building in Washington, D.C., which serves as the home of the United States Congress and the seat of the legislative branch of the U.S. federal government. In the context of the video, a reference to an attempt to 'take over the Capitol' likely alludes to a significant political event or controversy.

💡Miscarry of Justice

A 'miscarriage of justice' is a term used to describe a situation where the legal process fails to achieve a just outcome, often due to error, bias, or other irregularities. It implies that the principles of fairness and impartiality upon which the justice system is founded have not been upheld.

💡Supreme Court of the State of New York

The Supreme Court of the State of New York is the highest trial court in the state's judicial system and has the authority to hear a wide range of civil and criminal cases. It is not to be confused with the Supreme Court of the United States, which is the highest court in the federal judiciary.

💡Disgorgement

Disgorgement is a legal term referring to the act of forcing a person to give up or ' disgorge' ill-gotten gains or profits obtained through illegal or unethical actions. In the context of the video, it appears to be part of the financial obligations being discussed in relation to a legal case.

💡CPLR 5519

CPLR 5519 is a reference to a section of the Civil Practice Law and Rules (CPLR) in the state of New York, which governs the rules of civil procedure in New York courts. The specific section mentioned likely pertains to the enforcement of court orders or judgments.

Highlights

The former president's bond has been reduced from half a billion dollars to $175 million.

This reduction is a result of the appeals court's decision.

The former president is given ten days to post the smaller bond.

The process for the former president is different, as he is given more time to pay less money.

The courtroom process is questioned as being flawed and unfair.

The former president is accused of having his own private system of justice.

The decision is made by the Appellate Division of the Supreme Court of the State of New York.

The bond reduction is ordered to $175 million with no clear explanation provided.

The original bond was $464 million, which has now been reduced.

The enforcement of the judgment is stayed, and disgorgement is ordered to the Attorney General.

Certain defendants are barred from serving in financial control for three years.

Donald J. Trump and corporate defendants are restricted from applying for loans in New York for three years.

The motion to stay enforcement of portions of the judgment is otherwise denied.

The decision to lower the bond from $476 million to $175 million is questioned without explanation.

Courtrooms generally do not reduce the amounts ordered to be paid without a compelling reason.

The significance of fines in relation to the wealth of the person ordered to pay is discussed.

The lack of explanation in the court's decision is criticized as unusual and frustrating.

The public deserves better transparency and justice from the judicial system.

Transcripts

00:00

WANT TO VERY QUICKLY AND WE'LL

00:03

TALK ABOUT THE FANI WILLIS SOUND

00:05

AND MORE IN JUST A MINUTE, BUT

00:07

I'M BEING TOLD RIGHT NOW THAT

00:09

THE -- THAT BOND, THAT HALF A

00:10

BILLION DOLLARS BOND THAT HAD

00:11

BEEN SET AND THAT THE FORMER

00:13

PRESIDENT HAD TO DEAL WITH TODAY

00:19

HAS NOW BEEN REDUCED TO

00:22

$175 MILLION

00:22

$175 MILLION.

00:24

SO THAT 465 MILLION PLUS BOND

00:26

THAT HE WAS LOOKING AT OR HAS

00:28

NOW BEEN REDUCED AS OF RIGHT

00:31

NOW, WE'RE GETTING THIS BREAKING

00:32

NEWS.

00:33

THIS APPEALS COURT ALLOWING THE

00:34

FORMER PRESIDENT TO POST A

00:38

SMALLER BOND OF $175 MILLION

00:40

WITHIN TEN DAYS.

00:42

DAVID, WHAT DOES THAT TELL YOU?

00:44

>> JOSE, IT TELLS ME SOMETHING

00:45

THAT YOU AND I HAVE TALKED ABOUT

00:47

BEFORE, AND THAT IS THE PLAYBOOK

00:48

IS DIFFERENT FOR FORMER

00:49

PRESIDENT TRUMP.

00:50

WE WERE LITERALLY TALKING ABOUT

00:51

THIS THE LAST TIME YOU AND I

00:52

DISCUSSED THIS CASE.

00:53

I EXPECT FOR THEM TO DO

00:54

SOMETHING FOR HIM THAT'S

00:56

DIFFERENT THAN WHAT YOU SEE FOR

00:58

EVERYBODY ELSE WHEN THEY GO TO

00:59

COURT.

01:00

SO HERE HE'S GIVEN MORE TIME TO

01:01

PAY LESS MONEY.

01:03

THAT'S WHAT IT COMES DOWN TO.

01:05

>> AND TRISTAN, SO WHAT DOES

01:08

THAT PROCESS LOOK LIKE IN THE

01:12

COURTROOM THERE?

01:12

>> DO WE EVEN NEED TO ASK?

01:15

HONESTLY, THIS IS SO INFURIATING

01:16

I DON'T EVEN KNOW WHAT TO DO.

01:18

I DON'T EVEN KNOW IF I CARE WHAT

01:19

THE PROCESS IS THAT THESE JUDGES

01:20

ARE ARRIVING AT.

01:21

WHATEVER IT IS, IT'S FLAWED.

01:23

I CAN TELL YOU THAT MUCH.

01:25

DAVID PUT IT WELL.

01:26

THIS IS A DIFFERENT PROCESS FOR

01:28

THIS PERSON.

01:29

WE HAVE DECIDED THAT HE GETS HIS

01:31

OWN PRIVATE COURT OF JUSTICE.

01:34

HE HAS A PRIVATE PLANE.

01:37

HE HAS PRIVATE CLUBS THAT HE

01:38

LIVES IN.

01:39

HE BASICALLY HAS FASHIONED

01:41

HIMSELF HIS OWN PRIVATE MILITIA

01:43

TO TRY TO TAKE OVER THE CAPITOL.

01:45

NOW HE'S GETTING HIS OWN PRIVATE

01:47

SYSTEM OF JUSTICE.

01:48

THIS IS AN ABSOLUTE TRAVESTY.

01:50

IT WOULD NOT HAPPEN FOR ANYBODY

01:51

ELSE, ANYBODY ELSE IT WOULD BE

01:53

LIKE, SORRY, BUDDY, YOU LOST.

01:54

PAY UP.

01:55

FOR HIM HE GETS HIS OWN SET OF

01:58

RULES.

02:00

>> LEGALLY, TRISTAN, HOW IS THAT

02:03

DONE?

02:04

>> WE JUST SAW IT.

02:06

THEY JUST DECIDED THAT THEY

02:07

JUST -- YOU KNOW, THE APPELLATE

02:09

COURT HAS NOW JUST DECIDED

02:10

THEY'RE GOING TO SWOOP IN AND

02:12

JUST CHANGE IT, AND THAT'S IT,

02:14

AND NOW THE A.G.'S OFFICE CAN

02:17

NOW TRY TO GO UP ABOVE THEM, I

02:18

BELIEVE, YOU KNOW, I DON'T KNOW

02:21

WHAT THE DETAILS ARE BECAUSE YOU

02:22

JUST TOLD US.

02:23

I'M GUESSING THIS IS COMING FROM

02:26

THE FIRST DEPARTMENT, APPELLATE

02:27

DIVISION FIST DEPARTMENT, THAT'S

02:28

THE INTERMEDIATE COURT HERE IN

02:29

NEW YORK THAT WOULD BE ISSUING A

02:30

DECISION HERE.

02:31

I DON'T KNOW IF THERE'S A REMEDY

02:33

FOR THE A.G.'S OFFICE TO GO UP

02:34

TO THE COURT OF APPEALS, WHICH

02:36

IS OUR HIGH COURT HERE IN NEW

02:38

YORK AND TRY TO GET THEM TO

02:41

BASICALLY COUNTERMAND THIS

02:43

ORDER, BUT IN MY VIEW, THIS IS

02:46

WITHOUT KNOWING MORE, UNLESS

02:47

THERE'S SOME SORT OF OTHER

02:49

EXTENUATING CIRCUMSTANCE THAT

02:50

WE'RE GOING TO LEARN HERE, THIS

02:52

APPEARS TO BE AN ABSOLUTE GROSS

02:54

MISCARRIAGE OF JUSTICE.

02:55

>> SO LET'S GO INTO IT BECAUSE

02:57

I'M GETTING RIGHT NOW AND THIS

02:59

LITERALLY IS JUST COMING ACROSS,

03:01

SO THIS IS INDEED THE SUPREME

03:03

COURT OF THE STATE OF NEW YORK,

03:05

APPELLATE DIVISION, FIRST

03:07

JUDICIAL DEPARTMENT, AND THERE

03:10

ARE FIVE PROTECT,ESENT, INCLUDIN

03:13

PRESIDING JUDGE DIANE RENWICK,

03:14

I'M JUST GETTING IT RIGHT NOW.

03:15

WE CAN KIND OF LEARN IT TOGETHER

03:17

AS WE SEE IT.

03:18

IT SAYS THE APPEALS HAVING BEEN

03:20

TAKEN TO THIS COURT FROM AN

03:22

ORDER THE SUPREME COURT NEW YORK

03:25

COUNTY ENTERED ON FEBRUARY 16th

03:27

AND DEFENDANTS APPELLANTS HAVING

03:29

MOVED TO CPLR 5519, THE STATE

03:31

ENFORCEMENT OF THE ORDER AND

03:33

ENSURING JUDGMENT, UPON READING

03:34

AND FILING THE PAPERS WITH

03:37

RESPECT TO THE MOTION AND

03:40

DELIBERATION T ISIT IS ORDERED T

03:42

THE MOTION IS GRANTED THE EXTENT

03:44

OF STAYING ENFORCEMENT OF THESE

03:46

PORTIONS OF THE JUDGMENT

03:49

ORDERING DISGORGEMENT TO THE

03:52

ATTORNEY GENERAL OF 464 MILLION,

03:54

POSTING WITHIN TEN DAYS OF THE

03:56

DATE OF THIS ORDER AN

03:59

UNDERTAKING IN THE AMOUNT OF

04:02

$175 MILLION PERMANENTLY BARRING

04:04

DEFENDANTS WEISSELBERG AND

04:05

McCONNEY FROM SERVING IN THE

04:06

FINANCIAL CONTROL, ET CETERA,

04:08

AND ALL OF THE OTHER ISSUES THAT

04:11

WE HAVE LEARNED SINCE ABOUT

04:13

WEISSELBERG AND McCONNEY NOT

04:15

BEING ABLE TO SERVE FOR THREE

04:17

YEARS.

04:18

BARRING DONALD J. TRUMP AND THE

04:20

CORPORATE DEFENDANTS FROM

04:21

APPLYING FOR LOANS IN NEW YORK

04:23

FOR THREE YEARS, ET CETERA.

04:25

THIS MOTION IS OTHERWISE DENIED

04:26

INCLUDING TO THE EXTENT IT SEEKS

04:28

A STAY OF ENFORCEMENT OF

04:30

PORTIONS OF THE JUDGMENT.

04:31

SO IT WAS JUST DECIDED RIGHT

04:34

NOW, DAVID, AND IT WAS JUST --

04:36

HOW DO THEY COME UP WITH A

04:41

NUMBER OF 175 FROM 476,500

04:44

MILLION TO $175 MILLION?

04:46

HOW DOES -- HOW DOES THIS

04:49

HAPPEN?

04:49

>> THEY DON'T GIVE US THE

04:52

BENEFIT OF THEIR CALCULUS IN

04:54

THEIR ORDER, I WAS SITTING HERE

04:56

TRIELG

04:57

TRYING TO PROCESS THAT MYSELF.

04:59

HERE'S SOMETHING I CANNOT STRESS

05:00

ENOUGH, EVERY DAY, EVERY

05:01

COURTROOM IN AMERICA IF WE GO

05:03

THERE AND WE SIT IN THAT

05:04

COURTROOM, WE WILL FIND SOMEONE

05:06

WHOSE BACK IS REALLY UP AGAINST

05:07

A WALL BECAUSE THEY CANNOT

05:09

AFFORD TO PAY SOMETHING THAT

05:10

THEY HAVE BEEN ORDERED TO PAY.

05:11

AND THEY WILL GENERALLY PLEAD

05:13

WITH THE COURT TO REDUCE THE

05:15

AMOUNT THEY HAVE TO PAY, AND THE

05:17

COURT MAY GIVE THEM SOME LEEWAY,

05:18

BUT YOU DO NOT SEE IT HAPPEN

05:19

LIKE THIS.

05:19

LET'S GO BACK TO THAT FOX NEWS

05:20

CLIP.

05:21

THEY'RE TALKING ABOUT IT BEING A

05:22

LOT OF MONEY.

05:23

BUT YOU'RE ALSO SOMEONE WHO HAS

05:23

A LOT OF MONEY.

05:25

ONE OF THE THINGS THAT WE DO TO

05:27

TRY TO PUT IN PERSPECTIVE WHAT

05:29

FINES MEAN IN A COURTROOM.

05:30

SOMETIMES THEY'LL SAY, YOU TAKE

05:31

THE AVERAGE AMERICAN HOUSEHOLD

05:33

AND HIT THEM WITH A $1,000 FINE.

05:35

THAT MIGHT BE CRIPPLING, THE

05:36

RENT MIGHT NOT GET PAID.

05:38

THERE MAY NOT BE ENOUGH MONEY

05:41

FOR FOOD.

05:42

IT A's HUGE

05:43

IT'S A HUGE NUMBER.

05:44

AND YOU ASK WHAT IS A THOUSAND

05:45

DOLLARS PENALTY FOR A

05:46

BILLIONAIRE OR SOMEONE WHO OWNS

05:47

PROPERTIES WITH TENS OF MILLIONS

05:48

OF DOLLARS.

05:49

IN THAT CONTEXT, THAT'S THE WAY

05:50

YOU HAVE TO INTERPRET WHAT THE

05:52

COURT HAS CHOSEN TO DO HERE.

05:53

I AGREE WITH TRISTAN, THERE'S NO

05:55

LOGIC THAT JUSTIFIES IT AND NO

05:57

MORAL AUTHORITY THAT JUSTIFIES

05:57

IT.

05:58

>> TRISTAN, I'M JUST LOOKING AT

06:00

THIS, THIS WAS FILED AT 11:06

06:03

A.M., SO WE'RE JUST TALKING

06:05

ABOUT 22, 23 MINUTES AGO THAT IT

06:08

WAS FILED, AND SO TRISTAN, IS IT

06:11

UNUSUAL THAT IT'S JUST A STATEMENT OF A DECISION TAKEN TO

06:16

STATEMENT OF A DECISION TAKEN TO

06:19

LOWER IT FROM 464-5 TO

06:23

$175 MILLION, NO EXPLANATION

06:25

GIVEN?

06:26

TRISTAN, NO EXPLANATION NORMALLY

06:29

GIVEN, TRISTAN, NO NORMAL

06:35

EXPLANATION REQUIRED?

06:37

>> AN EXPLANATION SHOULD BE

06:39

REQUIRED, BUT IT ISN'T HERE, IT

06:42

ISN'T GIVEN TO US HERE.

06:44

THIS DOESN'T NECESSARILY

06:45

SURPRISE ME.

06:46

A LOT OF TIME NEW YORK COURTS

06:51

GIVE ORDERS THAT ARE SHORT AND

06:55

LIGHT ON THEIR -- SHOWING THEIR

06:57

WORK SO TO SPEAK, YOU KNOW.

06:58

WE'RE NOT REALLY SEEING WHERE

06:59

THIS COMES FROM.

07:01

A LOT OF TIMES YOU GET VERY

07:04

SHORT SUMMARY OPINIONS FROM

07:05

COURTS IN NEW YORK.

07:07

THE EXCEPTION TO THIS

07:08

WONDERFULLY, BECAUSE I THINK IT

07:09

WAS VERY HELPFUL FOR ALL OF US

07:12

TO SEE, WAS WHAT WE GOT OUT OF

07:16

JUDGE ENGORON, WHERE HE ISSUED

07:17

THESE LONG AND VERY CAREFULLY

07:20

THOUGHT OUT ORDERS EXPLAINING

07:23

EXACTLY WHERE HIS ANALYSIS CAME

07:25

FROM AND HOW HE ARRIVED AT THE

07:28

CONCLUSIONS HE ARRIVED AT.

07:31

AND THEN TO HAVE THAT COME FROM

07:33

HIM AND HAVE THIS OTHER SET OF

07:35

JUDGES JUST SHOW UP AND JUST

07:36

SQUISH IT.

07:36

THEY JUST DROP A BOMB ON THIS

07:39

AND THEY DON'T GIVE US ANY

07:41

EXPLANATION AT ALL, YEAH, THAT'S

07:42

ENORMOUSLY FRUSTRATING AND I

07:43

WOULD SAY IT'S WRONG.

07:45

IT JUST SHOULDN'T HAVE HAPPENED.

07:46

IT SHOULDN'T HAPPEN THIS WAY.

07:48

WE DESERVE, THE PUBLIC, THE

07:50

PEOPLE OF THE STATE OF NEW YORK

07:52

DESERVE BETTER THAT BE TO HAVE

07:53

THIS HAPPEN.

07:54

THIS IS -- AND WE HAVE TO

07:55

REMEMBER, THAT'S WHO THE

07:56

PLAINTIFF IS HERE.

07:57

IT'S NOT LETITIA JAMES OR HER

07:59

OFFICE OR WHATEVER.

08:01

YES, THAT'S -- THEY ARE OUR

08:03

PUBLIC SERVANTS DOING THIS ON

08:05

OUR BEHALF, BUT THE PLAINTIFF IS

08:07

THE PEOPLE OF THE STATE OF NEW

08:09

YORK, AND WE DESERVE BETTER OUT

08:11

OF OUR JUDICIAL SYSTEM THAN TO

08:13

HAVE SOMETHING LIKE THIS HAPPEN

08:15

WHERE WE'RE NOT ACTUALLY EVEN