A year offering no shortage of bad news for Donald Trump outdid itself Tuesday afternoon, with New York Supreme Court Justice Arthur Engoron ruling that the former president's namesake business, the Trump Organization, had repeatedly and fraudulently inflated the value of its real estate properties.
The ruling held no shortage of condemnations for the company and for its lawyers, whose reliance on already-rejected arguments spurred Engoron to issue sanctions against them. But the ruling was also remarkable for its delineation of the scale of that inflation.