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Donald Trump faces a Monday deadline for paying a bond to New York state. The payment follows last month's verdict that Trump and his company inflated the value of assets. The NY attorney general may move to seize Trump's assets if he fails to pay in time. AdvertisementDonald Trump is hours away from a deadline to pay a $457 million bond to New York Attorney General Letitia James . Trump's debt rises daily by $111,984 in interest , meaning he owes New York state another $1 million every nine days.
Persons: Donald Trump, Trump, , Letitia James, Judge Arthur Engoron Organizations: NY, Service, New York, Trump Organization, New York Times Locations: New York, New
New York Supreme Court Justice Arthur Engoron took comments the former president made as a reference to the judge’s law clerk . Photo: pool/ReutersNEW YORK—Trial proceedings in Donald Trump’s civil-fraud trial took a surprise turn Wednesday when the presiding judge called the former president to the witness stand to answer for comments he made in a courthouse hallway—and then fined him $10,000. The dust-up came during the second day of testimony by Michael Cohen , Trump’s former lawyer and fixer who is now a lead witness for New York state Attorney General Letitia James . During a break in the proceedings, Trump in the hallway accused the judge, New York Supreme Court Justice Arthur Engoron , and the person “sitting alongside of him” of being partisan.
Persons: Arthur Engoron, Donald Trump’s, Michael Cohen, Trump’s, Letitia James, Trump Organizations: New Locations: New York
Market Movers rounded up the best reactions from investors and analysts as Charles Schwab 's shares jumped to close the trading day up 4% after an upgrade from Raymond James . The experts, including Jim Cramer , discussed the bank stock after the firm hiked its rating on Schwab to outperform from market perform. Raymond James has a price target of $63, on the stock, reflecting upside of roughly 24% from Monday's close, as Schwab continues to draw in new accounts and assets during this volatile period for financials.
A judge said Thursday that New York’s attorney general had presented abundant evidence to support her contention that Trump’s family business had engaged in fraud. A New York judge on Thursday required that Donald Trump’s family business be subject to monitoring requirements while it is facing a civil-fraud lawsuit from New York Attorney General Letitia James . State Supreme Court Justice Arthur Engoron said that given what he called “persistent misrepresentations” by the Trump family’s business in its financial statements over the last decade, “the appointment of an independent monitor is the most prudent and narrowly tailored mechanism to ensure there is no further fraud or illegality.”
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