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Mr. Wonderful Sounds Off: Shark Tank's Kevin O'Leary Wrecks Lefty Judge's Anti-Trump Ruling"...This is so damaging to business in New York ... it makes no sense." -Kevin O'Leary, Shark Tank
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 anymore," O'Leary concluded. "If you're a developer and you see this happen in the state of New York, why would you take the risk to put up this much money and have a judge arbitrarily decide that you are in some form of breach of fraud when no damages occurred at all?" In O'Leary's view, "This is crazy!"
O'Leary further noted that this politburo-styled prosecution has changed his perspective on what's the worst state in America to do business: This is about the competition of states. I thought before this judgment that the number one loser state in America was California, which is basically putting itself out of business slowly and surely. But after this judgment, I'm going to make New York the number one loser state, followed by California, then Massachusetts, New Jersey, Michigan. These are places where taxes are not competitive. O'Leary concluded that Engoron's ruling was eventually going to be overturned on appeal because "this is so damaging to business in New York" and "it makes no sense." Subscribe for free to Breaking Christian News here
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