4 Fastest Growing Blue Chip Stocks

Blue chip stocks can be an ideal addition to your portfolio if you are risk-averse. These companies enjoy a favorable reputation and historic stability in the markets. Based on the latest activity, these 4 blue chip stocks have been gaining fast.

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Judge Slams Trump's Attorneys In $250 Million Fraud Case: 'I Thought That Was A Joke'

Benzinga Neuro
September 23, 2023

On Friday, a New York judge showcased his exasperation with Donald Trump's defense team while contemplating sanctioning them for presenting frivolous arguments in a $250 million civil lawsuit against the former president. 

"When I first heard those arguments, I thought that was a joke," Judge Arthur Engoron said, according to ABC News, adding that he has often made rulings on some of the arguments brought up again by the defense. "The rule on sanctions is if you've been warned, don't do it. You were warned," he stated.

Trump's lawyer, Chris Kise, defended the arguments he made. "As a lawyer, I have to make the arguments," he said to Engoron, and later requested the judge to drop the case against the former president and the other defendants.

See Also: Kevin McCarthy Slams Marjorie Taylor Greene, Hard-Right Republicans As GOP Fails To Approve Defense Spending Bill: 'Want To Burn The Whole Place Down'

The New York Attorney General's office has accused Trump of vastly inflating the value of his assets, including Mar-a-Lago, Trump Tower, 40 Wall Street and his golf courses. It argues that Trump ignored professional appraisals, used unreliable data, and carried out contradictory accounting methods to inflate their worth.

Meanwhile, Kise argued that the attorney general's office selectively used appraisals to portray Trump's business dealings unjustly and that Trump had an eye for "finding value where others do not." "This is why billionaires are billionaires," he said, highlighting Trump's ability to recognize the value of his "trophy" properties.

Judge Engoron intends to issue a comprehensive decision by Tuesday that would address the main issues at the heart of the case. His verdict could determine the extent of the $250 million civil trial set to begin on Oct. 2 in downtown Manhattan, according to ABC News. 

Read Next: Trump Reportedly Said 'Guam Isn't America' Amid Potential Nuclear Threat From Kim Jong Un: Report

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: Shutterstock

 

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