Wealthy

Trump Lawyer Considers Seeking $464m Bond Money from Wealthy Overseas Donors, Including Russians and Saudis

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New York City – Donald Trump, the former president of the United States, is facing a Monday deadline to pay a $464 million bond in a New York fraud judgment against him. In a panicky fundraising memo to his supporters entitled “Keep your filthy hands off Trump Tower!”, Trump expressed his concerns about the potential seizure of his properties in New York, including the iconic Trump Tower, by the “insane radical Democrat” Attorney General Letitia James. Trump’s lawyers have notified an appeals court that they have been unable to raise the money to cover the … Read more

Elite Universities Settle Lawsuit for $118 Million, Accused of Favoring Wealthy Applicants

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Brown, Yale, and Columbia universities have agreed to pay a total of $62 million to settle a lawsuit accusing them and other institutions of favoring wealthy applicants, bringing the total settlements in the case to $118 million. The settlements were disclosed by lawyers representing hundreds of thousands of current and former U.S. college students, who filed the lawsuit in Chicago federal court. Emory and Duke have also reached settlements in this case. The lawsuit, filed in 2022, alleged that the universities conspired to restrict financial aid by violating a pledge to not consider students’ finances … Read more