Trump can’t secure $454 million appeal bond in New York fraud case, his lawyers say

Hopefully, that is EXACTLY what happens...

 

Only Trump, or a die hard disciple would even make this “accounting error” claim with a straight face!

 

Okay.

 

As a general rule, they’re auctioned off.

New York does not have a problem. Your ridiculous assertion that they would have to raise taxes to cover any attempt to recover a Trump asset is laughable, to say the least.

You are essentially trying to build an excuse for your deadbeat savior by admitting that he DID signifanctly overvalue his holdings!

 

“He'll likely end up having to declare bankruptcy”

I told you that was going to happen in 2016.

I’m sure that Trump and Trump nation will view his latest bankruptcy as some sort of victory (the rationalizations for that will make entertaining reading).

He’ll get to kick the ruin can down the road for a few more months.

There was never any doubt that the Trump Organization was going to get cashed out at some point. Either by courts, or by his children.

 

I was just commenting on your logic that the amount of the judgement would go down if it turned out the properties were worth less than the values used to calculate the judgement.

As for bankruptcy, debts to the government are generally not dischargeable. NYS will never be left holding a bag over a judgement that can be enforced. In addition, they have the resources to find every last scrap of equity held by Orange. It may take years, but they'll get it all.......with interest.

 

Poor Lil' Donnie...

Panic mode sets in for Trump as he faces deadline for massive bond
Former President Donald Trump is in panic mode as the deadline approaches to secure a half-billion-dollar bond to appeal his civil fraud case in New York, according to multiple sources familiar with his thinking.
https://www.cnn.com/2024/03/19/politics/trump-bond-deadline-panic/index.html

 

Yes, the government is always in first position.

 

So I started thinking about what assets they would seize, and being in New York, I would imagine that assets based there would be the first ones.

So there is Trump Tower. Trump owns it....right?

Not really.


It appears Trump owns portions of the tower, including his gaudy penthouse and office space, which he values at $1.3 billion and Forbes values at $285,000,000. However, he also has a $100,000,000 mortgage on the place, so that appears to not be enough to cover his penalty.

https://www.forbes.com/sites/zachev...ded-by-a-political-supporter/?sh=247c4e205500

 

I would think so. Given its financial distress and relationship with the community there, one wonders how much its worth.

 

FIRE SALE !

 

Don can always try to sell Eric. I am sure someone would give him $5 for the least favorite kid.

 

Sorry folks, but I just found another one...

 

So, for you, it should be legal for an owner to arbitrarily increase (or decrease) the value of his property, lie about its surface area, renovations and income.

 

It's still possible someone could bail out Trump.

While Space Elmo has already said no, he's probably committed a lot of crimes he'd like to keep hidden. He might think the gamble is worth it.

Then there are foreign nations hostile to the USA. Sure, they'll probably lose their money, but the possible payoff is immense -- a fascist USA dancing on the puppet strings of Russians/Chinese/Saudis.That payoff is worth taking a lot of risks.

 

That may be true but don't you think getting Trump out of an embarrassing situation like this would help his election chances?

 

People have speculated that Putin is by far the richest person on the planet.

 

I'm sure it would. The only point is this ~ The Law has requirements of Humpty***, and that happens whether he*** is a 'election' animal or not. The Law (it's blind, remember) does not care about his*** election chances, does it?

*Rapist
*Swindler
*Bordering on pathological

 

But I am not talking about the law. I was talking about Putin. I think Putin would benefit greatly if Trump was re-elected and 1/2 billion would be nothing for him. Just look at how much he is spending on the war. Trump would end the war in one day.

 

No-one else in the entire World can, just Humpty***

I'm convinced.

*Rapist
*Swindler
*Bordering on pathological

 

So, who is lying, or are they both being honest? We will know on Monday (my Tuesday.)

 

Well that's speculation about Putin, not sure why that requires him to help Trump.

 

To end the war with Ukraine and annex a bunch of territory. If Trump wins the Ukraine war end in a day. If Biden wins evenly Ukraine will get more aid.

 

That's certainly possible or plausible, but that is a stretch to get Putin to pay for Trump's financial predicament.