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"Reputable" LOL thanks, I needed a laugh today.Since Trump has been found liable for outrageous business dealing by a reputable no-nonsense judge, the Orange gangster grifter has been revealed as the evil person he truly is.
Is that the signature of socialists/socialism chi-co? if not, why would you say that? was there thinking involved here?...so I will once again be kind enough to spell out the obvious for my socially educated/trained friends.???? What?
"Socialist" refusing to provide a bond to Trump?
Or give him a short-term loan of $464,000,000?
Why would you say that?
Do you have vetting attached to your suggestion?
/
look and attitude they have mastered.
Or banks just don’t want to deal with him because he’s a liar.Your net worth is the total of all the real and personal property you own or have an interest in, your investments, royalty interests and such and cash in the bank. Because most rich people know to invest their money in either real estate or collectibles that can be expected to appreciate in value and/or in the stock market etc., very few have a large amount of cash on hand to spend immediately.
Since Trump has been assessed with outrageous financial penalties by weaponized judges/courts--that alone violates the letter and intent of the Constitution--he doesn't have the money in the bank to pay the bond amounts demanded while he appeals those judgments. He doesn't want to have to sell properties to raise the money and therefore permanently lower his net worth, but most lenders have policies against loaning excessively large amounts for security bonds as Trump needs. It isn't because it's him. It's because they don't loan ANYBODY that kind of money for that purpose.
Your net worth is the total of all the real and personal property you own or have an interest in, your investments, royalty interests and such and cash in the bank. Because most rich people know to invest their money in either real estate or collectibles that can be expected to appreciate in value and/or in the stock market etc., very few have a large amount of cash on hand to spend immediately.
Since Trump has been assessed with outrageous financial penalties by weaponized judges/courts--that alone violates the letter and intent of the Constitution--he doesn't have the money in the bank to pay the bond amounts demanded while he appeals those judgments. He doesn't want to have to sell properties to raise the money and therefore permanently lower his net worth, but most lenders have policies against loaning excessively large amounts for security bonds as Trump needs. It isn't because it's him. It's because they don't loan ANYBODY that kind of money for that purpose.
Something seems to be amiss.
Don Trump not that long ago said he was worth $10 billion.
Now, today he says he can't raise either the $464 million in cash, or $10% of that for a bond......while he appeals the fraud judgement against him.
Now, why?
Did he squander about $9 billion since he claimed he had 10 billion?
If he did, how?
Was he fibbing about the $10 billion?
And if he was....why?
Or, is he fibbing now about being unable raise the significantly less than a billion the court says he owes.
Seems there are some unanswered questions here.
Will the DA begin seizure actions?
If so, which properties are most easily seized and most likely to be surety for the $464,000,000 the court says he owes.
And, how does his failure to raise the required court-ordered monies in this case impact the awards in the E. Jean Carroll cases?
You don't have a "fire sale" for multi million dollar properties... there is usually a bidding war on them... and a 800 sq ft apartment in NY is worth millions... this case will end up failing just like the Georgia case.. Trump just asked for a review of the judges ruling that fat Fani can remain on the case... so that is over... she will end up stepping aside or dropping the entire case....Before or after the fire sale pricing?
Do we have to count is 10,000 sq/ft penthouse at the real size or the inflated 30,000 sq/ft size?
Do we have to count buildings as part of the valuation that were never built?
WW
Or, Loon judge prohibited him from doing any business with any NY banks. Where all the heavy hitters are located.Or banks just don’t want to deal with him because he’s a liar.
Yes you are an adult and thanksYour net worth is the total of all the real and personal property you own or have an interest in, your investments, royalty interests and such and cash in the bank. Because most rich people know to invest their money in either real estate or collectibles that can be expected to appreciate in value and/or in the stock market etc., very few have a large amount of cash on hand to spend immediately.
Since Trump has been assessed with outrageous financial penalties by weaponized judges/courts--that alone violates the letter and intent of the Constitution--he doesn't have the money in the bank to pay the bond amounts demanded while he appeals those judgments. He doesn't want to have to sell properties to raise the money and therefore permanently lower his net worth, but most lenders have policies against loaning excessively large amounts for security bonds as Trump needs. It isn't because it's him. It's because they don't loan ANYBODY that kind of money for that purpose.
And why is that?No one expects him to sell property to meet the bond. We would expect him to get loans on that property. He could, for example, get a margin loan on the value of his stock portfolio. Or get a mortgage on the value of his properties.
But that would require going to a bank and the banks don’t seem to be interested.
Don Trump not that long ago said he was worth $10 billion.
Now, today he says he can't raise either the $464 million in cash, or $10% of that for a bond......while he appeals the fraud judgement against him.
hmmm, this sounds like nothing more than payback chi-co...Now, why?
Did he squander about $9 billion since he claimed he had 10 billion?
If he did, how?
Was he fibbing about the $10 billion?
And if he was....why?
And nobody wants his properties as collateral
snippet NYT: They appear to be balking over a significant problem: Mr. Trump does not have enough liquidity to obtain the bond. To offer a bond of this size, the companies would require Mr. Trump to pledge more than $550 million in cash, stocks and bonds as collateral — a sum he simply does not have.
You don't have a "fire sale" for multi million dollar properties... there is usually a bidding war on them... and a 800 sq ft apartment in NY is worth millions...
However lenders know Trump is good for the money. In this case it is the kind of loan that lenders can't make due to their own policies because of the excessive amounts established by malicious judges.Touchdown on the above.
What the Dem / Socialist vultures in the thread don't inderstand is that a part of the farcical judgement from the loony, leftist judge is a prohibition on Trump serving as an officer or director of any company in the state for 3 years.
Preventing Trump from running his businesses means lenders don't have a reasonable assurance that those businesses will survive. The DIE hire AG literally ran her campaign on a jihad against Trump and is hoping to seize assets.
And further they have absolutely no intention of being adults and/or intellectually honest when anything is explained to them that they don't want to hear.Yes you are an adult and thanks
The children here think a billionaire means a billion dollars can be produced in 24 hours
That'll be up to the SCOTUS, not some stretched anal dipshit online.and if you read how the amount was figured ... you'd see the formula used. Not excessive
He’s gone to 30 companies through 4 brokers and everyone said no, so it’s not like he doesn’t have any options.Or, Loon judge prohibited him from doing any business with any NY banks. Where all the heavy hitters are located.
Starting to see his 8th Amendment argument? LOL
