Kevin O’Leary says he will no longer invest in ‘loser’ New York after Trump verdict

[Valletta]

“This award, I mean, just leaving the whole Trump thing out of it and seeing what occurred here…And I’m no different than any other investor, I’m shocked at this,” O’Leary said in an interview Monday with Fox Business. “I can’t even understand or fathom the decision at all. There’s no rationale for it.”

Kevin O’Leary says he will no longer invest in ‘loser’ New York after Trump verdict

“Shark Tank” investor Kevin O’Leary ripped into what he called “loser” New York and vowed to no longer invest in the state, when asked about a New York court’s $355 million verdict against former President Trump last week. Trump, his business and his top executives — including the former...

www.yahoo.com

It would be foolish to make investments in New York when they can twist the law into anything they wish. In the blink of an eye your investment could be confiscated.

 

[Vambram]

Kevin O’Leary says he will no longer invest in ‘loser’ New York after Trump verdict

“Shark Tank” investor Kevin O’Leary ripped into what he called “loser” New York and vowed to no longer invest in the state, when asked about a New York court’s $355 million verdict against former President Trump last week. Trump, his business and his top executives — including the former...

www.yahoo.com

It looks like to me that Mr. Kevin O'Leary is a wise individual.

 

[Hans Blaster]

I sense a NY AG investigation in his Mr. O'Leary's future. If he thinks the law was twisted to criminalize normal business practices in the case Mr. Trump's business, then we must wonder what business laws O'Leary is violating.

 

[Vambram]

I sense a NY AG investigation in his Mr. O'Leary's future. If he thinks the law was twisted to criminalize normal business practices in the case Mr. Trump's business, then we must wonder what business laws O'Leary is violating.

That sounds a lot like lawfare to me. I do hope that isn't what you are suggesting.

 

[Hans Blaster]

That sounds a lot like lawfare to me. I do hope that isn't what you are suggesting.

What I'm suggesting is that people who complain about the valid enforcement of the law as "shocking" just might be violating the same law themselves.

 

[Vambram]

What I'm suggesting is that people who complain about the valid enforcement of the law as "shocking" just might be violating the same law themselves.

What if it was not a valid enforcement of the law?

 

[Hans Blaster]

What if it was not a valid enforcement of the law?

Then it will be overturned on appeal. So we could wait and see, but I've seen no legal analysis that it was invalid.

 

[Fantine]

NY can survive without him.

 

[RoBo1988]

Governor Kathy Hochul says everything is fine. No need for the little guy or girl to worry...

https://www.realclearpolitics.com/video/2024/02/19/gov_kathy_hochul_honest_businesses_have_nothing_to_worry_about_trump_fraud_verdict.html

 

[Vambram]

Then it will be overturned on appeal. So we could wait and see, but I've seen no legal analysis that it was invalid.

President Trump's Kafkaesque Civil Trial in New York State

A Stalinist nightmare in New York State

reason.com

This legal opinion was written by Steven Calabresi. He appears to have strong credibility with legal theory and laws.

Steven G. Calabresi, Faculty Profiles, Faculty & Research: Northwestern Pritzker School of Law

www.law.northwestern.edu

 

[Hans Blaster]

President Trump's Kafkaesque Civil Trial in New York State

A Stalinist nightmare in New York State

reason.com

This legal opinion was written by Steven Calabresi. He appears to have strong credibility with legal theory and laws.

Steven G. Calabresi, Faculty Profiles, Faculty & Research: Northwestern Pritzker School of Law

www.law.northwestern.edu

Well it looks like Trump has some libertarians on his side. We'll see how it works out.

 

[iluvatar5150]

Remind me why we should care what this guy says. Is it because he plays a business mogul on tv?

Here's his bio:

Kevin O'Leary - Wikipedia

en.wikipedia.org

 

[SavedByGrace3]

It looks like to me that Mr. Kevin O'Leary is a wise individual.

I wonder if the state of NY will discover illegal activities by O’Leary, as well as any other MAGA supporter, pro-lifer, anti-illegal immigration voter, and those who have not learned those 57 pronouns. The nice little weapon they have discovered here.

 

[wing2000]

I wonder if the state of NY will discover illegal activities by O’Leary, as well as any other MAGA supporter, pro-lifer, anti-illegal immigration voter, and those who have not learned those 57 pronouns. The nice little weapon they have discovered here.

Ever the *victim*. Sigh.

 

[Hans Blaster]

Remind me why we should care what this guy says. Is it because he plays a business mogul on tv?

Here's his bio:

Kevin O'Leary - Wikipedia

en.wikipedia.org

I'm beginning to think "Mr. Wonderful"'s threat to not do business in NY is an empty threat. (Maybe if Canada is annexed by NY State...) He doesn't seem to have any significant business in NY. Just another gasbag. Sigh.

 

[Laodicean60]

I don't know why rich people say those things, maybe they think they're special just like the movie stars when Trump was running in 2016. I could be in left field because I didn't read the article.

 

[JustOneWay]

I guy I know tried to rob a Bank of America, and he was convicted. I am never going to use that bank again because they don't treat people I know very well at all.

 

[stevil]

It would be foolish to make investments in New York when they can twist the law into anything they wish. In the blink of an eye your investment could be confiscated.

It seems to me that it would be foolish to run a business in New York and to commit financial fraud for that business.
Which means it would be safe in New York for banks to offer loans to businesses.

 

[stevil]

What if it was not a valid enforcement of the law?

What did the courts say about this?

 

[stevil]

President Trump's Kafkaesque Civil Trial in New York State

A Stalinist nightmare in New York State

reason.com

This legal opinion was written by Steven Calabresi. He appears to have strong credibility with legal theory and laws.

Steven G. Calabresi, Faculty Profiles, Faculty & Research: Northwestern Pritzker School of Law

www.law.northwestern.edu

Why does the article say
"This is all punishment for Trump allegedly committing fraud by falsely in inflating and deflating the value of his real estate assets to pay lower state taxes and to receive more favorable loans from banks."

The guy was convicted of committing fraud, there is nothing "allegedly" about it.
Seems the author is playing games.