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Big Judgment

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Late Friday, Judge Arthur Engoron issued his long-awaited verdict in the civil fraud lawsuit brought by New York Attorney General Letitia James, and it orders Trump and his affiliated entities to disgorge nearly $400 million to the state of New York for what he says are ill-gotten profits and interest savings made possible by financial misrepresentations. It’s a big judgment — and like the judgment in the E. Jean Carroll case, one he’ll have to put cash up for pretty soon, even if there will be years of…

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