Carl Quintanilla
@carlquintanilla.bsky.social
230K followers 830 following 10K posts
26+ years at @CNBC and @NBCNews / @WSJ alum / board member, NY City Center & Sag Harbor Cinema
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carlquintanilla.bsky.social
“President Donald Trump, flanked by Secretary of State Marco Rubio, left, and Defense Secretary Pete Hegseth, speaks during a Cabinet meeting at the White House on Thursday.

(Jim Watson/AFP via Getty Images)”

@gettyimages.com @keithedwards.bsky.social
Reposted by Carl Quintanilla
stevenbeschloss.bsky.social
It’s hard to overstate how grotesque is the prosecution of Letitia James. I hope John Roberts—who unleashed this malignant, vengeful career criminal on our beloved country—is enjoying Trump’s utter abuse of power and trashing of justice and the rule of law.
carlquintanilla.bsky.social
NYT: Judge Perry said the Trump administration’s version of events was “simply unreliable” and that deploying troops anywhere in the state would “only add fuel to the fire.”

@nytimes.com #Chicago
www.nytimes.com/live/2025/10...
Reposted by Carl Quintanilla
nycsouthpaw.bsky.social
I think it’s pretty easy to see the gap in the logical progression between paragraphs 6 and 7 that will doom the case.
joshuajfriedman.com
NEW: Here's the two-count indictment against NY AG Letitia James. storage.courtlistener.com/recap/gov.us...
INDICTMENT
October 2025 Term - at Alexandria, Virginia
THE GRAND JURY CHARGES THAT:
GENERAL ALLEGATIONS
At all times relevant to this Indictment:
1. Letitia A. James ("JAMES) was a resident of Brooklyn, New York, and the borrower on a
Fannie Mae-backed mortgage loan for the property located at 3121 Peronne Avenue,
Norfolk, Virginia.
2. OVM Financial (also known as Old Virginia Mortgage / AnnieMac) was a mortgage lending business located in Virginia Beach, Virginia, engaged in the business of originating and underwriting residential mortgage loans, including those backed by the Federal National Mortgage Association ("Fannie Mae"). OVM Financial qualified as a "financial institution" within the meaning of 18 U.S.C. § 20(10).
3. Fannie Mae was a federally chartered corporation that purchased and guaranteed mortgages,
operating as a government-sponsored enterprise under the oversight of the Federal Housing
Finance Agency ("FHFA").
4. First Savings Bank was a state-chartered, FDIC-insured financial institution (Certificate
#29961), headquartered in Jeffersonville, Indiana, which acquired mortgage loans through assignment or acquisition. First Savings Bank qualified as a "financial institution" within the meaning of 18 U.S.C. § 20(1).
5. On or about August 17, 2020, JAMES, as sole borrower, purchased the three (3) bedroom,
(1) bathroom property located at 3121 Peronne Avenue, Norfolk, Virginia 23509 (the
"Peronne Property"), for approximately $137,000, financed with a mortgage loan of approximately $109,600 (Loan #4430025978) backed by Fannie Mae.
6. The loan was originated by OVM Financial under a signed Second Home Rider, which required JAMES, as the sole borrower to occupy and use the property as her secondary residence, and prohibited its use as a timesharing or other shared ownership arrangement or agreement that requires her either to rent the property or give any other person any control over the occupancy or use of the property.
7. Despite these representations, the Peronne Property was not occupied or used by JAMES as a secondary residence and was instead used as a rental investment property, renting the property to a family of (3).
8. This misrepresentation allowed JAMES to obtain favorable loan terms not available for investment properties, including a note rate of 3.000% (avoiding a 0.815% higher
comparable investment property rate of 3.815%, resulting in approximately $17,837 in rate savings over the life of the loan), a seller credit of approximately $3,288 (exceeding the seller credit for investment properties by approximately $1,096), for total ill-gotten gains of approximately $18,933 over the life of the loan.
9. JAMES' Universal Property application for homeowners' insurance indicated "owner- occupied non-seasonal use," further misrepresenting the intended use of the property.
10. JAMES filed Schedule E tax forms), under penalties of perjury, treating the Perrone Property as rental real estate, reporting fair rental days, zero personal use days, thousand(s)
of dollars in rents received, and claiming deductions for expenses relating to the property, further contradicting the second home classification.
11. The loan was acquired by or assigned to First Savings Bank by March 2021, exposing it to risks associated with the misrepresented loan.
12. The acts described herein occurred within the Eastern District of Virginia.
COUNT ONE
(Bank Fraud - 18 U.S.C. § 1344)
13. The allegations in paragraphs 1 through 12 are re-alleged and incorporated herein.
14. From on or about August 7, 2020, through at least January 2024, in the Eastern District of Virginia and elsewhere, the Defendant, LETITIA A. JAMES, did knowingly execute and attempt to execute a scheme and artifice to defraud OVM Financial and First Savings Bank,
financial institutions, and to obtain moneys, funds, and credits owned by and under the custody and control of OVM Financial and First Savings Bank by means of false and fraudulent pretenses, representations, and promises.
15. The scheme involved falsely representing the Peronne Property as a secondary residence to obtain favorable mortgage terms, while using it as an investment property with no intended
or actual personal occupancy or use by her.
(In violation of Title 18, United States Code, Section 1344).
COUNT TWO
(False Statements to a Financial Institution - 18 U.S.C. § 1014)
16. The allegations in paragraphs 1 through 12 are re-alleged and incorporated herein. 17. From on or about July 28, 2020, through at least August 31, 2020, in the Eastern District of Virginia and elsewhere, the Defendant, LETITIA A. JAMES, did knowingly make and cause to be made false statements and reports for the purpose of influencing the action of OVM Financial, a Fannie Mae-backed lender, upon an application for a loan, in that JAMES represented and affirmed in uniform residential loan applications and related documents that
the Peronne Property would be used as a secondary residence, when in truth and fact, as JAMES then knew, the property was intended and used as an investment property with no intended or actual personal occupancy or use by her.
(In violation of Title 18, United States Code, Section 1014).
FORFEITURE NOTICE
Pursuant to Federal Rule of Criminal Procedure 32.2(a) and Title 18, U.S.C. §
982(a)(2)(A), upon conviction of the offenses in Counts One and Two, the Defendant, Letitia
A. James, shall forfeit to the United States any property constituting, or derived from, proceeds obtained, directly or indirectly, as a result of such violations, including but not limited to a money judgment in the amount of $18,933.
If any of the property described above, as a result of any act or omission of the Defendant: (a) cannot be located upon the exercise of due diligence; (b) has been transferred or sold to, or deposited with, a third party; (c) has been placed beyond the jurisdiction of the court; (d) has been substantially diminished in value; or (e) has been commingled with other property which cannot be divided without difficulty, the United States shall be entitled to a forfeiture of substitute property pursuant to Title 21, U.S.C. § 853(b), as incorporated by Title
18 U.S.C. § 982(b)(1).
(In accordance with Title 18 U.S.C. § 981(a)(1)(C) and 982(a)(1); Title 28, U.S.C. § 2461(c); and Title 21 U.S.C. § 853(p).)
carlquintanilla.bsky.social
“.. On the surface, it may seem like Greene is swinging leftward .. But a closer look suggests something more nuanced — whether by design or effect, she’s sketching the outline of a populist agenda for the MAGA era.”

@politico.com #GA14
www.politico.com/newsletters/...
carlquintanilla.bsky.social
Denver airport passenger traffic is negative for the year.

“.. DIA officials blamed economic uncertainty and ‘geopolitics’ ..”

@denverpost.com $XAL
www.denverpost.com/2025/10/09/d...
Reposted by Carl Quintanilla
newsjennifer.bsky.social
"no credible evidence that there is danger of rebellion in the state of Illinois."

It's mind boggling than in 2025 a federal judge in Chicago just uttered these words in court case between against the President of the United States. My god.
Perry: "I have seen no credible evidence that there is danger of rebellion in the state of Illinois."
Reposted by Carl Quintanilla
govpritzker.illinois.gov
Donald Trump is not a king — and his administration is not above the law.

Today, the court confirmed what we all know: there is no credible evidence of a rebellion in the state of Illinois.

And no place for the National Guard in the streets of American cities like Chicago.
Reposted by Carl Quintanilla
warren.senate.gov
The President of the United States is openly seeking revenge on his political opponents.

First Jim Comey. Now Tish James. Anyone who seeks to hold Donald Trump accountable could be next.

Trump is ripping a page right out of the authoritarian handbook.
nytimes.com
Breaking News: Letitia James, New York’s attorney general, is said to have been indicted after President Trump pushed the Justice Department to seek charges against her. James, who is accused of committing mortgage fraud, brought a civil case against Trump in 2022. www.nytimes.com/live/2025/10...
Attorney General Letitia James of New York is in front of a microphone. A headline reads: "New York Attorney General Letitia James Indicted After Pressure From Trump."
carlquintanilla.bsky.social
“.. That so few outside of First Brands had a full view of the red flags around the auto-parts supplier before it imploded last month is a stark example of the growing risks of money flooding into the opaque world of private financing.”

@bloomberg.com $JEF
www.bloomberg.com/news/newslet...
Reposted by Carl Quintanilla
thedailyshow.com
The following is REAL footage from Portland, 2025. Viewer discretion is advised.
Reposted by Carl Quintanilla
fintwitter.bsky.social
*TRUMP TROOP DEPLOYMENT TO CHICAGO BLOCKED FOR NOW BY JUDGE
carlquintanilla.bsky.social
Microsoft pulls the plug on a 244-acre data-center project in Wisconsin — after local opposition.

“.. I think they heard the message.”

$MSFT
www.jsonline.com/story/money/...
carlquintanilla.bsky.social
“.. It isn’t clear when the Consumer Price Index report, originally scheduled for Oct. 15, will ultimately be released. But it will almost certainly be in time for the Federal Reserve’s next meeting ..”

@bencasselman.bsky.social
www.nytimes.com/2025/10/09/b...
carlquintanilla.bsky.social
EVERCORE: “This is only the fourth time since 1996 the US has intervened in FX — and the first time since then in EM FX .. an exceptional effort by the Trump administration ..

“.. the $20bn swap may not be enough .. We are skeptical Argentina will ultimately be able to avoid floating the peso ..”
carlquintanilla.bsky.social
AG JAMES: “.. This is nothing more than a continuation of the president’s desperate weaponization of our justice system. He is forcing federal law enforcement agencies to do his bidding, all because I did my job as the New York State Attorney General.”

@newyorkstateag.bsky.social
Reposted by Carl Quintanilla
newyorkstateag.bsky.social
This is nothing more than a continuation of the president’s desperate weaponization of our justice system.

I am not fearful — I am fearless.

We will fight these baseless charges aggressively, and my office will continue to fiercely protect New Yorkers and their rights..
carlquintanilla.bsky.social
They sponsor the halftime show.
Reposted by Carl Quintanilla
bradheath.bsky.social
Reuters: NEW YORK ATTORNEY GENERAL LETITIA JAMES, LONGTIME TRUMP FOE, INDICTED ON CRIMINAL BANK FRAUD CHARGE -PERSON FAMILIAR
Reposted by Carl Quintanilla
carlquintanilla.bsky.social
“.. Consider all the people you now lead who have actual reporting experience. Do you think they are going to do something other than call their favorite media reporter the moment you .. impose some nonsensical AI ‘bias meter’ review?

@theverge.com $PSKY
www.theverge.com/business/793...
carlquintanilla.bsky.social
“We’re the hottest country in the world right now. We went from a dead country a year ago to the hottest country in the world.”

- 10/8/25
carlquintanilla.bsky.social
MOODY’S: Twenty-two states are either in a recession or on the precipice of a downturn. 👀

@axios.com 🇺🇸
www.axios.com/newsletters/...
carlquintanilla.bsky.social
Hard to know what’s more chilling: that he actually believes this — or knows better and doesn’t care.
atrupar.com
Trump on if he should win the Nobel Peace Prize tomorrow: "I made 7 deals and now it's 8."