URGENT UPDATE to Friday's article on New York state's lawfare against Donald Trump: The grownups have spoken, sort of

A New York appeals court has reduced the bond Donald Trump must post to appeal the civil fraud judgment against him to $175 million, giving him a crucial victory

Assuming Trump can post the $175 million bond, he will now be able to appeal the insane $464 million (and counting) penalty that Judge Arthur Engeron imposed on him last month. He will not face losing his properties until his appeal is heard.

Recall that Engeron’s ruling came for a “fraud” that Trump committed by taking out loans, then paying them back …