That was one of the questions explored this morning as testimony in the federal corruption trial of former Gov.
Prosecutors were cross-examining
That testimony was calculated to undercut the prosecution's case that financial desperation motivated the couple to turn to Williams for help.
Today, both prosecutor
"Do you consider available credit to be liquid?" the judge asked.
Yes, Kosowsky replied -- he considers the term "liquid" to mean "readily available."
"How is it that you determine this is a good thing?" the judge asked. "He had the ability to create debt, and that made him better off?"
Faulconer walked Kosowsky through the McDonnells' credit card bills from the period, pointing out to the jury that the cards carried interest rates ranging as high as 27 percent -- a sharp contrast to the Williams money, which was loaned at 2 percent with no payments due for three years.
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