Verdict Won't Stand - New York Judge Gets Smackdown After $364 Million Verdict

Hey ladies and gentlemen this is Carmine Sabia for Explain America and more bad news for the anti-Trump New York judge

That verdict? It won't stand. Before we get started please make sure you like, comment, share and subscribe

Those little things really help us out and they help our channel continue to grow

Shark tank star and investor and billionaire Kevin O'Leary He just laid the smackdown on the New York Judge, Judge Engron

who was responsible for the almost $400 million verdict against Trump and his family

Now O'Leary suggests and says that this is not going to do as much damage to Trump

because he thinks the verdict won't stand. But it won't do as much damage to Trump even if it did stand as it's going to do to the state of New York

He says businesses will not continue to invest in the state and this is a real damaging blow

I want to know what you guys think about that. Do you agree with him? Do you think that this verdict won't stand

And do you think that New York is severely damaged by this? You've seen the Trumpers or the truckers for Trump convoy people saying they won't deliver goods to New York

And that's just the beginning a lot of people think. I want you to listen to what Kevin O'Leary has to say

and then please remember to like, comment, share and subscribe. I'm Carmine Sabia for Explain America

We love you guys. God bless you. Take care everybody. To show me that no one is above the law while we have Hunter Biden, Joe Biden

and all of his friends up in D.C. and the deep state that have not been touched

Show me no one is above the law Martha because I'm not seeing that

Do you know what I'm seeing in court in these cases is that everyone is above the law

if they're friends with Miss James, if they're friends with DA Bragg

and if they're friends with Fannie Willis and Jack Smith. The only person that is not, the only person who did nothing wrong

but will still get persecuted and prosecuted is President Trump because they can't beat him in November

So I want to use their words against them and invite them to show me

how no one is actually above the law because there are people that we know have broken laws

and we have not seen the system of justice be used the same for them as they are for President Trump

President Trump did nothing wrong. He's being persecuted. Show me the people that did real crime get persecuted and prosecuted

I want to see that. Some of those people are back on the street in about five hours

and a lot of New Yorkers would like to see those people who are not rich or powerful

but who have some power in this city in terms of how safe people feel or don't feel

Let me ask you this. In terms of the 30-day deadline from Judge Angaran

to pay this extraordinary fine that Jonathan Turley calls obscene, is that the case

Does he really have 30 days to pay this fine? And if so, there are some reports that he will sell off almost all, if not all, of his New York assets

What can you tell us about that? No, I mean, we'd never get into anything privileged, but I can tell you what the rules are

And within 30 days, even if we choose to appeal this, which we will

we have to post the bond, which is the full amount and some, and we will be prepared to do that

But how much is the bond? Well, you have to break it up

So there were obviously individual defendants that got fined. There was the company that got fined

But you're looking at roughly, let's call it close to $400 million

for something that he did nothing wrong. Look, it's no coincidence, and I'll say it

they know by looking at his statements of financial condition that this guy is worth a lot of money, billions and billions of billions of dollars

And that didn't even include his brand, Martha. But what they're trying to do between this case, between my last case

is put him out of business. It's not going to work, number one

Number two, what they're doing is a scare tactic. Unfortunately, they picked the wrong guy to pick on, in my opinion

because he's strong, he's resilient, and he happens to have a lot of cash. Now, that doesn't mean that it's right

It doesn't mean it's okay. It's grotesquely insane. I was speaking to somebody today that actually mentioned

that there are countries that literally make that in a given year

in certain industries, countries in this world. But they would find somebody for what they call

understating their statement of financial condition and making Deutsche Bank and Zurich, who, by the way, they still work with, money

But they're going to find him that kind of thing. It's absolutely insane

No, there will be no mayhem for the Trump Organization, unfortunately. I know that probably was Ms. James' goal and Judge Ngoron

but that is not going to be the case. Well, as I said, Jonathan Turley called it obscene

Other people have said that it's a dangerous verdict in the precedent that it sets

and what kind of damage it could do to New York City when other companies will want nothing to do with that kind of politics and judgment

So we'll see where it goes. Alina, thank you very much. Always good to see you

Thank you. Alina Haba, joining us this afternoon. Here, we want to go back to the board