The morning session included a devastating sequence of documents showing how the Trump Organization had been unable to obtain financing for its Doral project. Then, after being turned down by multiple banks, they obtained the money from Deutsche Bank by making false representations about Trump’s net worth and cash assets.
The afternoon introduced what seemed to be a scheme in which money went to the trusts of Trump’s adult kids, only to be laundered back to Trump.
Finally, the state ended its questioning and the defense took over. The defense questioning was centered on having Ivanka talk about how happy the banks were to be involved with Trump and how proud they were of what they accomplished—neither of which addresses the issue of fraud.
At the end of the day, both state’s attorneys and Judge Engoron appeared to be laughing at the defense’s efforts to get Ivanka to tell stories of the “super luxury” hotels, “world-class” dining, and other terms lifted from a sales brochure.
The state has rested its case and the defense will begin bringing in witnesses next week. But first, Thursday will be devoted to hearing motions from both the defense and prosecution.
Thanks for coming, folks.