News Busters

Kevin O’Leary Critiques NY Judge’s Trump Ruling’s Effect on Real Estate Sector

One of ABC’s legendary Shark Tank investors dismantled the logic behind a radical judge’s asinine ruling against former President Donald Trump.

Kevin O’Leary — a.k.a “Mr. Wonderful” — called the ruling by leftist New York Supreme Court judge Arthur Engoron an egregious “assault on the 11th sector of the S&P 500, which is real estate” during the Feb. 18 edition of Fox & Friends Weekend. Engoron fined Trump $355 million for allegedly inflating his assets and banned him from being an officer in any New York-based corporation for three years, despite “nobody” losing money, as The Wall Street Journal editorial board pointed out. O’Leary analyzed the whole event as an overexaggerated demonization of a common practice within the corporate world when real estate developers haggle with banks in order to get loans. “This is not about Trump…

Read more…

Related Posts