Trump can't secure $454 million appeal bond in New York fraud case, his lawyers say
Trump can't secure $454 million appeal bond in New York fraud case, his lawyers say
He’s broke.
Not a sudden revelation, perhaps. But that won’t stop me from snickering
Are they actually going to have the spine to throw his ass in jail if he misses the payment? How long do you have to be poor before they start enforcing the law?
It's half a billion dollars, Michael. How much could it cost?
It's what a real billionaire (Bloomberg) spent on ads for his campaign, before dropping out and continuing to enjoy his private island or whatever real billionaires do. Trump is just broke.
There is always money in the banana stand
The reality is that all his "weath" is tied up in realestate but that's actually not even true. Due to the his spectacular bankruptcy the banks took all his realestate and forced him to pay a (small fraction) back in installments. Even if New York liquidated all of his assets there'd be bugger all in cash retrieved and he'd STILL be in hock to the banks.
Yep. Even including all his assets there's not enough there.
Only option he has left is the gop sucker voters. This was the real reason he took over the rnc.
Money. He's broke.
He can't, but Letitia James will secure a lot of property for the going value.
What? Won't creditors accept real estate as security from a man found guilty of fraudulently overvalue his real estate in orde to use as security for the exact purpose of lending more money in a money lending scheme? Shocking!
I wonder, though: if the state of NY expropriate real estate to sell to highest bidder and those auctions fail to meet market value, won't that create chain reactions? A) the creditor(s) which had that particular building as security will see the value of their asset turn to zero because of negligence from their customer "billionaire", which should open for a case against Trump for both immediate repayment of the loan and subsequent damages, and B) send a clear signal to all other creditors that they need to secure their assets asap?
Fun fact. Trump doesn't own a lot of the real estate with the trump name on it. Also the stuff he does "own" is really owned by the bank.
Id be surprised if a single property isn't leveraged to the maximum already.
Everyone who knows knows there's nothing there to take, really.
but he's such a good businessman
Oh no! This is terrible!
Ima send him some money as soon as I finish watching paint dry.
That paint will dry, fade, and peel before Trump pays his debts.
Take the plane!!
Trump on NATO:
“‘You didn’t pay? You’re delinquent?’” Trump recounted saying. “‘No, I would not protect you. In fact, I would encourage them to do whatever the hell they want. You gotta pay. You gotta pay your bills.’”
Trump criticizes Trump