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"Defendants have faced what have proven to be insurmountable difficulties in obtaining an appeal bond for the full $464 million," Trump Organization general counsel Alan Garten said in a filing to the court.
To be fair, no one is going to rename it Fraudster Trump Tower. But the new management part is very plausible, if not likely, at this moment. Leticia James is eying that one specifically, and you know she's already got her repossession papers drawn up to submit next week when Trump doesn't make the deadline.
Ever since he missed his $85 billion bonus from Tesla, Elon would have sell stock to help Trump out. Depends on whether he's still in the mood for throwing away money like his handling of Twitter is doing.
Trump probably could have prevented all this by being competent, and running a legal business. His first mistake was being incompetent, which led to his second mistake, which was running his organization as a criminal organization.
I'm sure we could (and maybe will), laugh at Trump all day about this. But, looking forward, in a week either Leticia James starts taking Trump's assets, or else we all wonder who bought Trump and is expecting payback with Presidential favors if Trump wins in November.
It's enjoyable, after watching the right and MAGA be extreme hardliners on crime for the past few decades, to now be able to join them in calling for no forgiveness to this criminal who is trying to escape punishment for his crimes.
Another political ploy by Trump to keep the spotlight on him which he believes will only strengthen his run for the Whitehouse. You'd think he could sell assets to pay bond like a normal person, but then that would show how much he overinflated the value of his assets, which I'm sure he definitely does not want to do right now. And it sounds like nobody wants to lend him cash, but you can't blame them. His slim chance of winning the election is his only hope of avoiding a financial train wreck and jail time. Hence the massive interest payment.
Trump is compromised! He cannot secure a bond from a respectable source. This coward will sell all of the US documents he still has and make deals with any dictator around the world to stay out of jail and avoid selling his properties.
Donald Trump faced having assets seized in a humiliating blow to his carefully cultivated image as a self-made tycoon as his lawyers acknowledged Monday he doesn't have the cash to appeal a $464 million fine for fraudulently inflating his wealth.
Everyone except the MAGA cultists knew he was Don The Con...that he wasn't the uber-rich mogul he always claimed...just a guy from Queens who flaunted his faux wealth - you know, gold plated toilets, etc. Tacky, garish, and tasteless...
Well, who can blame them - yesterday they were forced to confront their long-held view that life begins at conception - with their Orange Apostle saying he supports killing babies up until the 16th week...and we got some real doozies as they floundered digesting that...
Now they are in a snit because the guy they have told us is a business genius and can pay any bond or fine can't even come up with $500 million without liquidating assets...and this after they have sent him all their money for the past seven years...
Deutsche Bank became the latest large company to cut ties with Donald Trump, with the firm that has propped up the Trump Organization for two decades reportedly announcing it would no longer do business with the disgraced president.
He cannot get a loan from any bank doing business in NY. This means he cannot get a loan from Deutsche Bank anywhere in the world so long as it has operations in the Big Apple, the largest financial hub on Earth. Deutsche Bank is not going to close its NY operations in order to give Donald Trump a loan.
Who cares? That doesn't show anything about Trump, because not only he, but also you, me and almost all people on this planet don't have such an amount at hand. So it only shows, that the justice system or the people there are somewhat crazy or sick in mind when demanding sums that are bigger than the amount someone owns or has otherwise access to. BTW the same to several other verdicts like 200 or 1000 years in prison etc which is of course biologicalyl impossible too. They are crazy at the courts, that's a fact.
lol He committed fraud. Whine all you want about the judge, he still committed fraud. And we can know he committed fraud, because now the "billionaire's" lawyers are saying he doesn't have enough money to pay and no one will lend him a "billionaire" the money. How could that be?
Obviously, the MAGA crowd believed Trump to be a great, great businessman, but he's always been a snake oil salesman. He doesn't have the money and because he's been a grifter and illegally doing business, no bank will cover for him. I guess they're all anti-Trump? No, they also loved it when he asked them for money, but didn't know he was a fake. Now they do.
He'll try and get his MAGA folk to pay for his bond. bass...how much have you given him? It's a waste of money, and I believe as blinded as you are to Trump, even you will pragmatically realize giving away money for this is a lost cause.
Just like Trump admin was responsible for removing Obama's "dangerous infection" Unit stationed in China to observe and warn of any potential dangerous outbreaks coming from China like SARS of previous years. Once they were removed, a year later we had world pandemic.
But first he must put the money into an account managed by the appeals court or post a bond in the full amount, and 30 insurance underwriters have rejected his pleas for assistance, his lawyers said in a new filing.
it should be no surprise to reasonable people that those calling a kangaroo court the many trials of the former golfer in chief, are those that have long parroted Kremlin media, perhaps as Kremlin employees or maybe just because they're useful idiots for the Kremlin.
Our MAGA-friends have had a tough two days of "coping" with their Orange God supporting killing babies and being shown as an insolvent beggar...I'll cut them some slack on their desperate, off-topic, and delusional posts...
I doubt he can ever raise half of that amount, because trump doesn't own his properties they are all mortgages with banks and other investors. according to past articles Trump owns around 10% of those properties.
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