As the week began, it looked as though Donald Trump would finally face consequences — or at least, a consequence — for his actions. Last month, a New York state trial court found the former president liable for inflating his net worth and misleading banks and insurers in order to receive favorable loans for his various businesses and commercial enterprises. The judge, Arthur F. Engoron, imposed a penalty of $454 million, to be paid into the state’s general fund. Letitia James, New York’s attorney general, gave Trump a 30-day grace period to secure bond as he pursued appeal of the judgment. And even if he could, Trump would need to pledge at least as much in collateral to the company.

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Persons: Donald Trump, Arthur F, Letitia James, “, ” James, Trump, Kalief Browder —, — Organizations: Trump Locations: New York, New