They will. I guarantee someone is going to swoop in and bail him out. Will he become president and *thus be in a position to reward them? That’s the real question…
Because he’s lying and is used to leeching on others whenever he needs anything. His son in law and Ivanka and him are all worth billions. I hope he faces prison before he dies
Yes, but quickly liquidating assets means less returns. So a loan (even with interest) might make more sense in general although I doubt that’s the case here.
This is an attempt to secure a bond. To secure that bond he needs to put up collateral. His lawyers said banks are asking for collateral around $550 million or something, higher than the value of the bond. I can’t recall off the top of my head the actual value.
His lawyers said he is unable to provide that collateral.
Which means that his assets can’t cover the bond. Unless I’m misunderstanding something.
Very false, anyone with actual money and assets has proper valuations gathered and strong relationships with banks and partners, if at any point they need access to that money they would have a line up of people ready to fiance them short term.
I don’t have anywhere near a billion but if I need access to liquid assets I have a ton of ways to do that.
If any of his financial claims were true and could be verified with documents he would have had his money within an hour.
coupled with the nature of his crimes making him radioactive to potential future creditors… and uncertainty of his entire business in the state of ny… and when they do attempt to secure the collateral on his properties, they’ll begin to lose value quickly because everyone will know he’s selling no matter what.
They’re making light of the fact that only now has the author come to the conclusion that Trump is a crook, something known by most of the world years, if not decades, ago.
Oh! Early morning me misunderstood your comment. I thought you were referring to the author’s comment, not the previous commenter. Now I see what you meant.
"Trump has built his entire business career on the premise that laws are merely suggestions. The method has generally succeeded. When the government tried to make him allow Black people to live in his father’s apartment buildings, he defied the law and repeated Justice Department efforts to force compliance. He and his father funneled millions of dollars into his pockets illegally via a tax-fraud scheme of shell companies and phony paperwork. He repeatedly and habitually refuses to pay contractors for services rendered. He boasted that he could buy off public officials, a belief that, correct or not, explained his brazen willingness to cheat and steal."
muah chefs kiss
wish the article would have mentioned Trump being born the scion of a white supremacist new york construction company owner he was brought up in both the kkk and mafia
That Trump, wanna be dictator, of German descent, loves authoritarians, has been reading Mein Kampf, and thinks Hitler “did some good things” would be too much on the fucking nose even for a movie script to add to the list.
you don’t get rich by throwing away money (they’ll never be repaid on that “loan”).
They want a winning candidate to give them tax breaks. They don’t care about the other stuff. (Hmmm I wonder what that will mean. Trump is setting it up so that political donations go to him personally. Rich donors will see through that.)
And he doesn’t even drink. Which calls to mind Hunter S. Thompson:
“It was Bogart who said, ‘You can’t trust a man who doesn’t drink.’ And it was Raoul Duke who said, ‘I’d never buy a used car from Nixon unless he was drunk.’”
He’s lying to pressure the judge to lower it as if it was a business deal negotiation. Trump and his family can easily access their billions. Jared was paid $2 billions by the saudis, he can give him half.
Add comment