Holy shit. I've figured it out. I've cracked the master plan.
"Um, excuse me, stolen classified documents piled high to the rafters in my bathroom? I believe that's the New York attorney general's bathroom, athankyouverymuch. Case dismissed!"
This makes the fairly generous assumption that the man is capable of planning, but whatever.
"Officer, there's no way I shot that man. Because my gun is currently in the evidence room. Also check fucking mate. (Drops mic, dabs, makes out with the hottest cop and wheelies out)"
I would so LOVE to see his name stripped off of all those properties! ...but I'm still trying to not get my hopes up. Aside from him suffering through court cases and losing them in a very public way, if his properties get seized it would be the first REAL consequences he receives
Depending on the contract the properties might still have to keep the name even if sold. There's a couple cases of that our there currently for Trump buildings. He sold them and they have to keep the name, last thing I heard they were trying to sue to remove the name because of all the bad publicity the trump name brings.
I wouldn't think so. I would think they'd seize properties base on only the equity, not the total mortgaged value. Likely why this list is so large, so little equity in any of the properties so more need to be seized to meet the total balance of the judgment.
If the properties are seized, they'll be sold, not mortgaged, and that amount of money will be applied to what is owed, I believe.
It's often better for people to sell the property themselves first, because a court officer overseeing the sale doesn't care as much about getting the highest possible sale price.
Notice the needle isn't actually on the gauge: it's not showing a result and doesn't until you rate it yourself. Absolutely terrible design, though. I thought it said "unfair far left" too
No, for that he already provided a juicy pack of securities that he provided in the hope they would also do the new bond secured by real estate.
The bond provider basically pulled the self-proclaimed "business genius" straight over the table. I expect him to lose the appeal, which would cost Trump way more than just USD91M.
Since no one reads the article, the deadline is Monday. Trump is just stalling. Nothing will be seized.
He could either:
Give some of these properties to the Supreme Court of NY as potential sales (not sell them yet)
Go bankrupt to stall the judgement and payment
Get a loan on his properties to pay the judgement
Divide up the bond between different insurance companies
He has lots of options. Don't listen to him when he says he has none. It's a lie. He will probably do a combination of things: get a loan for half and find a few insurance companies to give him bonds for the rest. He will have to pay a lot of money, so he's just looking for someone else to pay it for him.
"Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision. In other words, he is trying to take my Appellate Rights away from me," Trump wrote. "I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!"
How is that election interference? I'm missing that part.
it makes sense to his followers, which is his intent. he wants them riled up. they don't see this as him experiencing the consequences of his own actions, they see this as a left wing democratic deep state attack on trump to try and prevent him from winning the upcoming election. they believe this "deep state" is afraid of trump because of how he's obviously (/s) about to win a landslide election and finally flush all the "undesirables" out of power and turn america back into the racist wifebeating paradise of the 1970s. he wants them to be thinking about "defending him" from this "deep state attack". he's trying to solve his massive Impending financial apocalypse by gently prodding his followers into thinking about domestic terrorism.
New York Attorney General Letitia James could soon start seizing some of Donald Trump's properties if the former president cannot come up with a $464 million bond in his civil fraud case.
On Monday, Trump's lawyers filed a document in court saying they are unable to secure the bond amount, which has increased from $454 million because of interest, in the civil fraud case brought by James.
Last month, Trump was ordered by Judge Arthur Engoron to pay the fine in a judgment that said he inflated the value of his assets and properties on financial statements to banks and insurers while trying to get loans and make deals.
Newsweek reviewed a document from the attorney general's office that lists properties owned by Trump that had "fraudulent" and "misleading" values and could end up seized:
In a post to his Truth Social account this week, Trump criticized the judgment handed down by Engoron and said he may have to sell some of his properties to come up with the bond amount.
"Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision.
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