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- cross-posted to:
- [email protected]
Less than a month after New York Attorney General Letitia James said she would be willing to seize former Republican President Donald Trumpās assets if he is unable to pay the $464 million required by last monthāsĀ judgmentĀ in his civil fraud case, Trumpās lawyers disclosed in court filings Monday that he had failed to secure a bond for the amount.
In the nearly 5,000-page filing, lawyers for TrumpĀ saidĀ it has proven a āpractical impossibilityā for Trump to secure a bond from any financial institutions in the state, as āabout 30 surety companiesā have refused to accept assets including real estate as collateral and have demanded cash and other liquid assets instead.
To get the institutions to agree to cover that $464 million judgment if Trump loses his appeal and fails to pay the state, he would have to pledge more than $550 million as collateralāāa sum he simply does not have,āĀ reportedThe New York Times, despite his frequent boasting of his wealth and business prowess.
But you can use it as a tool to assist. If it finds something actionable, you can confirm the old-fashioned way, by doing the actual reading.
until it just makes stuff up, as they have done
Iāve used AI. Iāve had it make stuff up or put incorrect info into documents. Iām smart* and read through the document just like these lawyers will**. Saved me TONS of time vs just doing all the specific writing, scanning and summarizing. *citation required **smartness not withstanding
There are specialized LLMs that (if the document is digitized) will actually cite their references within the data theyāve been given and provide direct links. Itād still need proof reading as someone would have to check those citations but it would still speed up the process immensley.