Transcripts for CNN The Situation Room With Wolf Blitzer 202

CNN The Situation Room With Wolf Blitzer June 4, 2024 23:07:00

organization. it's not just the massive over $300 million in financial penalties for the wrongdoing that the attorney general is seeking, but there is injunctive relief. this judge has already ordered, it's been stayed pending appeal. this judge has already ordered some of the remedies that can be referred to as a corporate death peniment. trump and his sons not allowed to participate in the business, not allowed to do other business, to take loans for a period of time, perhaps putting a receiver in charge. if all of that comes to pass and if it holds up on appeal and i think the judge has been careful like with those eric and don jr. comments, he's showing balance, if it holds up on appeal this could be the end of the trump organization as we have known it for all these years. >> which is a huge, huge moment indeed. kristen holmes is with us. she's in new york watching all of this unfold. she was with the former president earlier today.

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