Why Trump's decision to attend the beginning of the trial is so revealing.
— the start of what may prove to be one of the most humiliating chapters of his life. That chapter will unfold in a New York courtroom, asTrump, having parlayed his self-proclaimed success as a real estate tycoon into media celebrity and ultimately the presidency of the United States, has reason to be worried.
Engoron has expressed caustic disapproval of the legal maneuvering by Trump’s legal team, as well as Trump’s valuation practices. Last week, the court criticized Trump lawyers’ legal argument as “pure sophistry,” sanctioned seven of them for making “bogus arguments” and fined each $7,500. After summarizing Trump’s arguments, the court was blunt in its disapproval: “This is a fantasy world; not the real world.
The court has also already canceled the New York business certificates of all entities controlled by the defendants. These certifications are needed in New York to conduct business. The ruling called for the appointment of a receiver for these businesses, and it named a retired judge to monitor the Trump Organization. Trump’s lawyers have promised to appeal.
As we’ve seen repeatedly over the past decade, Trump is adept at dismissing and minimizing the many losses he has racked up as both a politician and a businessman. He plays the victim card; he attacks his prosecutors as corrupt. But there are some humiliations that aren’t so easily swatted away. And a case that could expose the lie behind his titan of industry persona is one of them.
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