Shark Tank host and investor Kevin O’Leary stormed out during a recent appearance on CNN over reports that New York may seize Trump assets over the huge bond set in the Letitia James case.
O’Leary suggested that this will be horrible long-term for New York and that it is similar to something you would see in Venezuela or Cuba.
He also says that the world is watching the situation and that this sets a horrible precedent.
Partial transcription via Kanekoa The Great on Twitter/X:
NEW: Shark Tank’s Kevin O’Leary criticizes AG Letitia James and Judge Arthur Engoron for seizing Donald Trump’s assets ‘like Venezuela or Cuba’ during heated shouting match on CNN.
“This may be great for the attorney general, but it’s not good for America.”
“Forget Trump. Do you think this is good for business in New York? Do you think this is good for business in America?
“Take a law that we use to protect people from buying refrigerators at an overpriced value decades ago, and enforce it against an individual and then talk about seizing assets like what happened in Venezuela or Cuba?”
“This is a very, very, very bad look for a New York, and everyone around the world is watching it.”
“There was no fraud here in the context of people actually losing money. Deutsche Bank, which granted the loan, was reorganized. And let’s establish a fine of half a billion dollars against a crime, apparently, in which no amount of money was lost.”
“There is no such thing as a half-billion dollar bond. Never been done before. Never. This law has never been applied.”
Watch the video below:
NEW: Shark Tank’s Kevin O’Leary criticizes AG Letitia James and Judge Arthur Engoron for seizing Donald Trump’s assets ‘like Venezuela or Cuba’ during heated shouting match on CNN.
“This may be great for the attorney general, but it’s not good for America.”
“Forget Trump. You… pic.twitter.com/yzb6YhPKfc
— KanekoaTheGreat (@KanekoaTheGreat) March 19, 2024
What Letitia James can do in New York is absolutely un-American.
Kevin O’Leary’s outrage is completely justified.