‘A Liquidity Problem:’ Trump’s Options to Pay His $454M Penalty | WSJ
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- Опубліковано 22 тра 2024
- Former President Donald Trump is facing half a billion dollars in legal penalties in his New York civil-fraud trial. For now, the billionaire and presumptive Republican nominee for president has until late March to come up with the funds or the New York attorney general could begin to seize some of his assets.
WSJ looks at the options he could use to finance his mounting legal bills.
Chapters:
0:00 Trump’s legal penalties
0:53 The state of Trump’s finances
2:48 Trump’s payments
3:50 Options for paying
4:41 What could happen to his assets?
6:26 What’s next?
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#Trump #Legal #WSJ
just get mexico to pay for it
I heard they really like gold sneakers down there.
SAVAGE! 🤣🤣🤣
👏
I was thinking maybe Hillary would buy Mar-a-Lago at a steep discount.
😂
"I just want to find $454 million, which is one more than we have"
ROFL
You have paid an extra 35,000$ since Joe took office for basic necessities 😂😂😂
🤣🤣🤣🤣🤣
@@B86432 if he did so did you silly !
@@B86432 "what can be asserted without evidence can also be dismissed without evidence. " Hitchens.
"Liquidity problems"...yeah, that would be MY excuse for not being able to pay a bond. Only difference? I'd be in jail already. 😮
Me, too.
Elon Mush said there is only a couple of billionaires in the world that have that amount of liquid cash to pay this amount of bond. Trump, like all investors keep their money tied into many different companies/properties and investments.
100K a day in interest is no joke
Soon a million a day . Like a dog chasing his tail .
It’s a joke for a billionaire like Trump.😂
@@maltlickytexasHe never was a billionaire.
@@lynneshawe9714 I was being sarcastic.😂
@lynneshawe9714 they literally said he is worth around 3 billion in this video you are commenting on, and said he is in a better financial position than in the 90s.... its ok.... cope harder
Have Jared buy the properties as an investment for the Saudi Fund.
Great idea! ❤that will also cover 200mill Scotland...and rudy? 🤣🤣
Jared and Ivanka are on vacation.
That sounds like a one way ticket for Jared be treated like a journalist by MBS.
Ideal solution 😂
Hmmm…an astute premise for sure. Nothing illegal about selling over inflated properties to the Saudi Prince huh?
We live in the worst timeline when this isn't a dealbreaker for half of the country
Why should it be?
@@stsk1061Because when a judge gets to decide that a bank who is already paid back, was wronged that’s when everyone should pick the child sniffer instead.
we live in the worst timeline when people refuse to see underlying motives and only narratives of elite influence. But, such as is with history and those uneducated in it for its doomed repetition...
@@steveotato9113 it's called fraud look it up.
It's a dealbreaker for me, it made me realize I should never even consider voting for anybody running on this nutty corrupt modern democrat party. Political Persecution is a new low. That's banana Republic stuff.
watching from deep in the heart of TEXAS
New York knows not to mess with Texas!
@rfo056 Trumps a millionaire, but we don't care, 👏👏👏👏 Deep In The Heart Of Texas, But, he really needs money, and it ain't even funny 👏👏👏👏 Deep In The Heart Of Texas, We all know he really lies, but we still gotta try.👏👏👏👏 Deep In The Heart Of Texas. We really can't fail, because he might go to jail.👏👏👏👏 Deep Down The Heart Of Texas
To the "experts" of WSJ.
With 450 M in cash, he could easily secure 300 M and get a loan for the other 300 M.
If he can't, he has not the amount of cash and/or his assets are already securing other loans. This means, his net value is far below 3 Billion!!!
Thank you. If his net worth is $3 billion, why would the surety companies balk at the risk ?
It has to do with liquidity, I suspect they would say (most bonding agencies don't' accept property as collateral at this scale, above $100M) but I agree with you: the guy who is notorious for leaving other people holding the bag, who doesn't pay back debts and declares bankruptcy and has been convicted of fraud can't get a bond you say? How shocking! He's going to have to liquidate something...
A surety bond is not a commercial property loan.
It will be II how the stocks of DWAC do tomorrow.
Wsj smokin rope
The problem with falsifying the values of your properties to get loans, is that no one will want to give you loans using those properties as collateral. So sad... single tear.
Funny how that works isn't it? 😁
Left eye?
Wasted tear.
His problem is that all his properties are heavily leveraged. He doesn't own them outright. If he sells, the bank(s) holding the loans on those buildings have to be paid back first. Then he gets what's left. And there won't be much left.
Except he paid back the bank in full plus interest, and even said they would like to do business with him again.
I don't see why Trump not having that much money in cash is news to anyone. No millionaire/billionaire I can think of has that much liquid assets just sitting around, it would be stupid to do so given devaluation/inflation over time.
I am more concerned as to how you get to that 454 million dollar figure to begin with, particularly given the nature of the offense. It seems very excessive to say the least, though given the judges on that particular circuit, I don't see much chance of an appeal working out even if warranted.
He defrauded New York banks and other institutions for decades, that's how they reached that figure.
@@kayden7911 False.......... No bank entered the case. They assessed and loaned the money. You're a lairs
@@mr.joshuah1412judge RR Martin 😂 go take up the case, you know all right?
And it should be a lesson when you defraud a state, at least pretend to feel remorseful when you get caught.
The court found that Trump defrauded banks in the amount of $168M in interest alone. That is on the record.
@@amayorh5745 Are you looking forward to a law being manipulated and used against you and be slapped with an excessive fine? Like him or not, if this allowed to happen to Trump, it sets a dangerous precedent that can be used against any of us if we don't play well with the powers that be.
100K+ a day of interest is nutsss
He just needs to sell more hats and some of those gold shoes, whats the problem
$25 hats, $400 shoes...every Maga family needs a few, and don't forget Donnie bobblehead, not sure what those go for.
Don't forget his NFTs!
Give me a break let's see what happens if they the fake government fines you!
biden buddy are U ?
Man you are a genius! Might DJT add his used socks. Now there's value!
Hasn’t Trump repeatedly said he was so rich he didn’t need to ask for campaign donations.
You dont get rich by holding cash you have to invest it. Its caught up in real estate
@@StankHunt42 You think his real estate isnt already mortgaged to the max to fund his lifestyle? LOL
@@StankHunt42Riiiiiight, Delbert, Riiiiiight 😂😂😂 He couldn't get a loan on assets because he doesn't have the assets.😂😂😂
We all know what he is full of
@@kcrknp The guys doing this video just said hes worth $3 billion. I own a home and I can remortgage it but my worth is still just the assets minus the liabilities. There are also bank policies based on how much you can refinance. Its called the loan to value ratio. So you cant just borrow and borrow upon debt
falsifying a loan application is a crime. I'm not sure. What people don't get about this. It doesn't matter if you later payoff the loan
The banks ALWAYS do their own assessments of a property just as they do when you buy or sell a house. Kevin O'Leary said EVERY investor does what Trump did all over the country. NYC has the best of the best large banks. There is no way they would have loaned money without doing their own appraisals. The bank testified that Trump is a "whale" of a customer that they would love to do business with again. For example, I think my home is worth $500,000 but the bank thinks it is only worth $250,000 therefore, they will not loan me more than a certain percentage of what they think it is worth. Plus, the Trump brand was not even factored into his property value.
Luxury Property valuations are extremely subjective. Just admit you know nothing about real estate, especially luxury real estate.
Civil fraud? Banks gave him a loan , he paid it back.
More to the point, because of fractional reserve banking, his excessive loans increased the money supply by however much he loaned. How does inflation work again? Monkeys.
The sneaker sales just need to start coming in. It's just bad timing
That'll make a huge dent in the half billion dollar sentence
😂😂😂
The sneaker sales, blahahaha😂. Once the shoes fail to show up he’s going to have even bigger headaches than he has now.
They said Trump's presidency was just bad timing 😭😔🥺😔😊😊😊😊😊😊
😂😂😂 maybe he should include 90s nude magazine of melania 😂😂😂
NATO: you should pay your bills, Donny.
Such a stupid comment it is sad.
@@user-nv3kx2dl3o someone's mad 🤣🤣
Not his bill, it's a fantasy figure plucked out of thin air, by a deluded person (political opponent) who thinks Mar-a-Lago is worth just $18 million. I would give Trump $20 million for it🤣 I'm sure any bank in the world would give me a mortage for that good deal. It must be worth several hundred billions
@@random-po6er someone's silly
@@user-nv3kx2dl3o I totally agree! It was very stupid of Desperate Donny to say he wouldn't defend NATO allies against attack. He's clearly a Russian agent.
So you mean to tell me that he really isn't rich? Who would of guessed...
The man owns one suit.
Auctioneer: "Going once, going twice - Sold to the Barbie in the back ".
Is it just me or did anybody else get the ad for this video where Don Jr was urging to donate?
Not just you.🙄
I would have to check my 'SPAM' box.
Yes don jr is definitely asking for money if their so rich how about giving us money. I heard that both Donny and Eric can’t pay their share of their penalty.
He was almost crying😅😅😅😅😅
i saw it. ironic isn't it!?!
I remember when he went bankrupt in the '90s. The media was calling him a "thousandaire."
😃😃😃
😂😂😂🎉
Trump went bankrupt? Lol, thanks for playing but wrong.
@@libs-Suk-Balzhe's declared bankruptcy 6 times. This isn't new
@@libs-Suk-BalzLmfao what? Whats wrong. Tell me. And be specific, I'm a New Yorker...I know the truth. Dork. We'll wait
Absolutely disgusting what they’re doing to political opponents and others who don’t follow their narrative
Yea well he's a criminal regardless of where he stands politically. He committed fraud and thought he could get away.
5:50 Nice Assets
Maybe that is a question you should ask "Chy-na."
Jina😂
😅😅😅😅😅
😂😂
"cHaI-nA"
Wasn't it trump's tactic to keep suing people till they can't afford it anymore? It seems that karma has decided to enter the game.
Yup👆
I guess you don’t care that the legal system is politically weaponized. That shark tank guy was just on tv saying every real estate investor is guilty of what trump did and no one else has ever in the history f the law been penalized except for the former president
@@dfdf-rj8jr
@@dfdf-rj8jryou mean following the rule of law is weaponizing the DOJ?
I thought the GOP were the party of law and order?
aren't they the one's citing law and order in trying to indict Biden and wasting millions of taxpayers' dollars?
@@dfdf-rj8jr It's true that the courts don't usually devote the resources to go after someone at Trumps level. He's able to afford a defense that could keep the court tied up for years. But just because he's not getting away with something many billionaires get away with, doesn't mean he's not a crook. Quite the opposite. The danger he poses to democracy in general has moved his criminality to the front of the line.
Werent the banks on his side that no crime was done?
His Mara Lago estate is lowball worth $1b (not $18m) so the whole entire case is a fraud and the penalty constitutes a federal violation of the 8th amendment.
no.... where did you hear that? from fox or breitbart?
and this was a civil trial, not a criminal trial.... you're thinking of the 4 criminals trials that he's the defendant coming up
Yes, no one lost money. This is a fraudulent charge. Lawfare and a government Rico coordinated attack against a rich man.
Love the documentary!
I prefer rich people who actually have half a billion dollars
I prefer people who either tell the truth or keep say nothing -- "45" doesn't qualify under either criteria.
I like presidents who don't get indicted
I like people who are so real and so threatening to this sick twisted establishment that they have to indict him 716 times and force him to pay $400 million.. He must be doing something right for them to want him that bad. The weaponization of the DOJ, this once great nation has began its total collapse. Buckle your seatbelts because tough times lay ahead.
Like Jared?
most actual rich people are civilized, polite and dress like homeless. drumpf are neither.
I don’t Like billionaires who get captured not having their presumed billions.
hilarious!
Trump was never a billionaire, he just told everyone he was and we bought it.
Billionaires don't keep their assets in cash, all is invested in revenue-producing assets
😅😅😅
@@charleswhite758 his assets are over leveraged, and he is going to have to file for bankruptcy, because he is actually more in debt than he has wealth. It's the game he has always played and used bankruptcy to get out of.
Take it all
It's $17 dollars per seconds everyday until the entire amount is paid.
He’s probably getting more than that in donations from old Southern people.
@@ArmyJamesnah, this 25 your old from PA just donated. Cry more 🤣
this is NOT the flex you think it is 🤣🤣@@LKO4923
@@LKO4923 Good for you Skippy. Help yourself to another cookie.
@@LKO4923
That’s nice of you. Just remember a donation to trump is a donation to E Jean Carroll 😂😂😂
So, basically his lawyers are saying the judgement is 'inconvenient' for Trump? 😅
😂😂😂
It’s unconstitutional really and even though the banks and insurers said they weren’t defrauded they judge said “I don’t care”
If I was a Wall Street columnist, I would be totally embarrassed defending this guy.
And WHO did he murder?
Yes. That is the answer they selected.
The name is Bond. Cannot Post Bond
That's hilarious! 😁🤣🤪😉💙✌️
thats why they made the fine so huge so he couldn't post bond, this the legal system you want?
He is "shaken, but not stirred" to pay up. 😂
@@TiberiusMaximus anything that stops a dangerous criminal, a traitor, an enemy of the people, in his tracks!
🤣🤣🤣🤣🤣🤣🤣
Fascinating
I think it’s time to reach out to your friends and make that PREFCT call, you know, the best call there’s ever been, perhaps ever in history
Got no friends.
Well zelenskyy said it was a perfect call. Lol two time impeachment champ.
It is the president's duty to investigate corruption involving other countries. We now have bank statements and IRS records that prove Biden was selling his name. More corporation coming out as time goes by. So, Trump was right about the Biden crime family and all the shell companies Biden created to hide the money. Eat your heart out, Trump is winning despite all the unprecedented attacks since he decided to run again. He is Teflon and doesn't back down, no matter what is thrown at him.
❤@@SuperLeica1
Reverse mortgage on Mar A Lago. Just call Tom Selleck.
f'ing vultures preying on old people... but in this case 👌🤣
He ‘sold’ it to his son Tweedle Nosecandy when he was about to get arrested last year. As one does when one is absolutely innocent…and doesn’t need to hide assets. Right?
lollll
💯💯💯💯
Mar a Lago is valued (not by Trump) to 20 million dollar - He is a little short 😁
Gold toilets $10 bucks..sneakers $4.99 ? 🤣🤣
Sell them at the dollar store 😂
EVERYTHING must go! Bargain sale 😂
Don't forget the broken down old airplane $20.00
😂😂😂
😂
The rich play with a different set of rules in this country the amount to apeal was just reduced by 68%. Our justice system is a joke
This has been changed today.
Now his bond has been dropped to,$ 175 million dollars and given ten extra days.
Seize the properties and have the sheriff auction them off on the courthouse steps.
His property is being stolen because she dont like trump shes supports biden
That'll be a suitable spectacle
I heard the Auction as going to be held at Four Seasons Total Landscaping.
Tried buying at one of those and😂.. found out during bidding that required downs that also sign ups were required..10% downs??
When you have 90+ criminal charges you are about to go to trial you may have a bit of trouble finding lenders.
Who could have though misstating property values to dupe lenders and insurers might have negative consequences when dealing with lenders and insurers later on? 🫨
You laugh, you beleive you will not be ending up in gulag?
@@TheGIGACapitalistAll the lenders involved did, as their legal responsibiliy to their own investors, their due diligence. Not one person lost money, all loans were authorised by the lenders and repaid, with interest, in full. Those lenders ALL testified as much and stated they profited from the deals and are keen to do more business with Trump in the future. There was no fraud, no crimr, no victims and the judge ignored the evidence of the only important witnesses, the lenders. That is corruption of the legal system.
He hasn’t been able to borrow from American banks for decades. That is why he became president with $400MM in debt to a German bank.
A German bank that was caught laundering money for Russian Oligarchs
Good
Well now don’t that just break your heart.
If you value the ethical application of rule of law in USA, it should indeed.
@@connorduke4619
Why? A serial liar and fraudster finally gets what’s coming to him. Looks like a good deal to me.
@@davidcat1455 That's because your belief system unfortunately prevents you from seeing the facts objectively.
Trump took a loan, very large and well staffed banks challenged his valuations and offered a loan based on their valuations, made a profit from their fully repaid loans and actually defended Trump in court(!)
Meanwhile Biden is documented by multiple eye witnesses, emails, phone records and bank statements as taking 7 figure bribes from enemy states (China, Russia) and is walking around scot free.
@@connorduke4619 You mean the same law that lets him appeal and appeal and appeal things until he gets elected and then can tell his DOJ to make things go away. And the law that lets him pardon his buddies.You mean that ethical rule of law
@@audiogeneral Yes, multiple layers are built into a sound rule of law system such that higher courts can overrule the narcissistic self-serving incompetent decisions of lower court judges.
I myself once last 15 court cases in a row without a shred of evidence against me (which is usually 'sufficient" for narcissistic judges like Engeron), before winning 5 court cases in a row to overturn all the previous 15 ones.
Trump: "Russia, if you are listening, find me $464 million..."
That’s the concern, but if Trump looks like he is a loser Putin will dump him.
@@Butterflies58824putin isn’t that stupid
The fraud trial is a victimless crime and as a result, the banks are lining up at the gates of Mar-a-Lago to post his bond.
😂😂😂
Putin could help him ..thats the problem.
You know it is bad when on a WSJ comments page MAGA is getting swamped.
I love this.
Overvaluing property to borrow money from financial institutions in order to finance development. Is that the apparent fraud? Are the financial institutions implicated by conducting their own valuations that reflected similar values? Something seems wrong here. Can someone explain this?
You touched on the big problem with this case if it were normal and not tied to Trump. Banks conduct their own due diligence before issuing such, as was done here.
I am still trying to wrap my head around how they came up with the 450+ million dollar figure. It seems beyond the pale given the the nature of the offenses in question.
it seems wrong because it is. It's a case that'll be thrown out, he doesn't even valuate his properties himself, banks do. But it's just so happening around election. It's crazy because if Trump happens to be elected he's definitely gonna retaliate and bring down the hammer on the corruption
Finding a bond in the full amount is a "practical impossibility" sounds like a You problem.
The multibillionaire can't pay a few hundred million 😢😂
Yup, that's a *_You_* problem for sure.
He should try a gofundme....oh yeah, that failed too.
That's a grift too. I doubt he'll see any of the millions they'll eventually raise. The grifter will get grifted himself.
He's a beggar. LOL
The trump tower in Chicago cost him a half a billion dollars
This makes me so happy
As of yesterday, about 30 insurance companies refused to help him.
Got to wonder what he was expecting given that his only collateral is real estate and he's just been found guilty of fraudulently valuing his real estate.
Tee-hee
Well it would be financial suicide for the insurance companies ....
Yup. I’m loving this. Watching Trumps karma play out for all to see.
🍿
@@mitabpraga7487 He will still be President
I wonder how underwater he is with his assets? For all we know, he might be already insolvent and has been running on credit for years. I wouldn't be the least bit surprised.
Just like his school records,WHY? do you think he DOES NOT want the IRS to investigate his taxes.
Mortgage to the hilt, all his properties I gather.
Barbara Johnson will know or find out soon.😊
@@Butterflies58824Not so sure. The lending company said "collateral assets" were taken but thought some report said they didn't take real estate. Hmm.
He's broke
100k per day would take over 27.4 years to equal a billion dollars. Why do billionaires exist?!?!!!
Lol why don’t u pay 100K a day see how it feels
They obviously are able to do things you cannot.
Because murica looooves capitalism and paints sovialism as some sort of evil.
While in reality the public just echoes what those same billionaires tell them.
Cause they made the money?
@@surreylinks i can barely even afford to pay 1k a month. 😅
I wonder what he fears more- jail, or the public having access to proof just how wealthy he's not
He may be hit with both. It couldn't happen to a more deserving guy.
Sad thing is his magas still won't believe it.
Not sure how they do it in communist countries, but in the USA, there is no debtor's prison.
i think he fears being exposed more than anything. if he went to jail he could just pretend to be a victim.
Go Mrs. James go!!!!
I’d like to buy her coffee
When hate is their, Demos',driving force.
I just don't see how when an appeal is filed how the interest continues to grow that what boggles my mind.
being that you have the mind that's not college educated nor any legal comprehension, it would boggle your mind
@@StephenKershaw1🤣👍💯
He didn't put up the bond, so the interest accrues. If he puts up the bond, the interest stops. He cannot file the appeal until the bond is secured.
It's corruption at its finest
Because if you didn't do that people would just keep appealing and appealing without ever having to pay anything. There would be no consequences.
He literally said in a deposition that he had $400 million in cash. The court should compel him to explain where that went or face a perjury charge.
Didn't he already have to bond almost 100 million in the other case? 😂
@@seanyoung9014 Yes, in the second E Jean Carrol case he posted a bond on 92 million. And he has posted 5 million of his own money in the first E Jean Carrol case. But then comes the cases in the UK. Trump is burning 2 million dollar per month only on his lawyers, he will bankrupt the RNC in a couple of months.
I feel like you missed the part of the video where they said the you obviously don't want to spend every dollar you have on paying the penalty because then when another bill comes you are left with no cash.
@@ragreenburg If Trump have 3-4 billion in assets, then why do 30 bond companies refuse to put in a bond for 500 million?
Trump put up 5 million dollar in the first E Jean Carroll case with his own money.
In the second E Jean Carroll case Chubb put up a bond of 92 million dollar, but it was in the last minute.
In the NY fraudulent business case 30 companies have refused to put up a bond.
Then we have the cases in the UK.
In the end of march, in a few days we will know the answer if Trump have any money or if James is going to sieze Trumps assets.
Mar a Lago is definitely not worth 1.2 billion like Trump says, it is basically a country club where Trump has an apartment.
@@seanyoung9014He had to be given a bond for the $64 million he owes Carroll in her lawsuit before he could appeal, he didnt HAVE it, some idiot insurance company posted the bond, that PROVED he didnt have even that amount in cash
He did say in court he's worth 4 B, time put up the money where his mouth is.
Banking on those shares from TRUTH SOCIAL going public,that deal shrouded in controversy,atop him being broke might just sink his share value,I feel sorry for the 2 guys from The Apprentice that are now suing Donald to try and prevent Donald from STEALING THEIR 8% share. HE is a TOXIC MESS anyone would have to have a head of concrete to want to be involved with this "BUSINESS GENIUS"!
yes, but selling assets triggers capital gains so that would double the penalty. thats the last resort. borrowing money on assets is tax free
A total waste of "all "our time.
NATO sends their regards.
😂😂😂 I know they crying
They all asked his lawyers one simple question: do you have a statement of financial conditions with assets and liabilities for your company? They said no. What they heard next was CLICK.
LOL😂😂 YEP!
Rubbish! Of course they do. The Bank review the FS in order to do their due diligence on loans, County to do property tax audits. State and Federal tax agency to audit Corp income taxes.
@@getlost3346Woooosh! 😂
@@getlost3346 Apparently that due diligence has been lacking for decades until it finally caught up with him in a court of law.
@@missrose0077this type of thing happens all the time for smaller investors. Most real estate developers know better than to lie to a bank, but then their’s Donnie.
He has also gone bankrupt 7 times, which normally comes with more oversight when you ask for a loan.
Really? This guy is going to jail.
Nope.
This makes me smile
Shouldn't his rich friends know that his case is a winner and he's good for his debts. Strange it's hard for him to raise half a billion.
They want cash
If they’re his friends, they’re well aware of his past history with lenders. Also, not smart to lend money to a “friend” unless either they’re 100% committed and capable of paying you back or you’re willing to never get your money back.
@@ClubXXXPoison Or if they are sitting on the Supreme Court of the US.
Yeah.... and why hasn't his cult come through for him? They're still getting their SS checks and welfare checks...are they not?
Trumps friends are not friends they are fellow crooks, charletons and dictators. Trump also has a retired judge overlooking his current business dealings in NY, so he will have to disclose where any money is comming from. The financial and criminal noose is tightening and I normally do not rejoice in other peoples hardships but Trump is an exception!
Donald Trump, you need to pay your debts. - NATO.
Ouch!
👏 👏
Trump is learnin today!
Allies = good.
😂
@@Illegalsnotwelomeso your saying trump should just pay up and stop whinging and confusing the lie that he is a billionaire?
Wow they are just trying to go after him at all cost. This started as something else.. Sad
We closed down our second operation in NY as it has become to risky.
What do you do?
My firm stopped doing work in NY after the ruling as well. It's too risky on all fronts.
@@JuicyTaz201 Too many different sets of books?
After the CHUBB insurance group started taking major flak/stock losses for the $92M bond, no company will go near this one.....
Yeah my understanding that bond is not secured so they might as well write off that loss now
CHUBB might have to change their name to; CHUMPS
There was no stock hit to Chubb
@howardj602 I know who they are. My company is also global and have them as a carrier. Just saying their stock didn't take hit like implied.
Fun fact. Chubb backed out of the deal when Trump asked for more.
Don't do the crime if you can't pay the fine.
prove he commited a crime.
He did Nothing! This Is A Full Blown Set Up !
@@TheRatlord74i don’t have to he already spills the beans every time he talks.
@@TheRatlord74prove that he didn't --- I bet you can't
@@fredwerza3478 that is not how it works. you can't prove something didn't happen. you can prove that if it did.
A lifetime of no consequences has finally come to an end.
Mr JTrump he excellent no body best than him God bless him and his family ❤❤❤❤
I had to watch an ad where Trump jr was asking us to donate 😂
“please buy my fathers NFT’s so he can keep paying Melania to stick around for appearances”
That shows how corrupt - fake the justice is in NYC !
Just few more months until Trump wins and apply real justice again ...
guys guys guys i'll do bunny fingers for cash ! lol.
Most of his cult followers will actually donate to him as well! That's worrying in itself.
Did you have to ? Did someone strap you to a chair pry your eyeballs open and and force you to watch it? I'm thinking you're exaggerating a little when you say you "had" to watch it. But I get it saying you had to watch it makes it sound like somehow Trump forced you to . Which of course means orange man bad. 😂😂😂😂
In his taped deposition for the second E. Jean Carroll defamation trial he stated he had $400 million in cash on hand.
Now it’s clear that was a lie, it’s beginning to look like he isn’t even a billionaire.
He just put up 91 million in cash. Ivanka and Jared have Billions. Tiffany just married a Billionaire. Don Jr, Eric and Ivanka just inherited their Mom Ivana's Millions. He has it but if i was him i would let them take the NY buildings. NY is pond scum anyway. When he wins the election he's going sick his DOJ on them 💯
It's not a lie. Watch the video. You can't use up all of your cash on hand to pay the bond because you need enough liquidity to operate the business
OMG...Trump lied? Say it isn't so!!! LOL🤣🤣🤣🤣🤣🤣
he was never even close to being a billionare
Did you and I watch the same video? Trump is worth $3B in assets and has $4M in cash.
He's going to win the appeal. This judge needs to be thrown in prison.
Such a wonderful example
Words cannot describe how happy this video makes me.
Ok. Get a life.
@@axe863 Buhbuhbuht I love this one.
@@MrLargonaut I sincerely doubt it. You prob have a lot of issues if this makes you happy.
"The worst-case scenario would be if he had to sell assets." The worst case is when James starts seizing his assets.
Take the towers and name them Central Park 5 Towers
Call them Trumped Towers!
Wow!
E. Jean has first dibs on the Towers
Dont want to pay to maintain them..
Trump Tower will be the next set of immigrants apartments in New York City. LOL
I wonder how the delay strategy will work when paying interest on that bond.
It's not a liquidity problem, it is an equity problem. He owes a lot more than WSJ knows, and NONE of his businesses are making money.
You know GoFundMe is deleting one MAGA "help our Dear Leader" effort after another right now. 🤭
fantastic news......thanks for sharing
😂😂😂😂😂😂😂😂
Such a purpose contradicts GoFundMe's terms and conditions.
He's going to seek help from Russia or the Saudis.
He only has a few days..
No doubt ...With Classified docs
As the 'onion' said Donald will try to change his name to Donald Trump 2 to avoid being liable.
Might have been the purpose of the Victor Orban visit?
He plans to give Ukraine to the Russians for the money.
This is what you call political corruption
He was indicted by a DA that ran on the platform to persecute him (without mention of a crime), a judge didn't allow a jury and gagged Trump during trial, and issues a summary judgement for the highest bond in history, without any named victim (which is required in a fraud case), and with the banks THEMSELVES testifying they were not harmed, and the judge won't allow an appeal unless the bond is paid first (ridiculous). This is like not allowing a murder conviction to be appealed until after the execution....the damage would be done.
And you people are cheering this Nazi nonsense on?! It is literally Nazi tactics to accuse political opponents of crimes in order to steal their property.
Maybe he shouldn't have defamed her a third time, after this $450m judgment, and he would have been seen as a lower risk to lenders. Just maybe.
He simply cannot keep his mouth shut! Perhaps he needs a financial advisor of legal guard ship to protect the family from financial ruin?
@@tommorgan1291Don Jr. needs to orchestrate an intervention.
Grifting your entire life has consequences.
We will see. It really hasn’t.
Except he never did that. Not one witness said Trump defrauded anyone.
If he owes 454 million, then someone didn't get paid that 454 million. Do YOU, have a spare 454 million laying around? Cause it's no big deal ya know.
@@johnharris6655he committed fraud against the banks
@@johnharris6655you lack critical thinking skills.
He can sell his properties. Liquidating assets and a risk of "a cascade" isn't the court's problem when poor people have to pay fines, it's ridiculous that it'd be any different for a wealthy guy who has committed more heinous crimes.
He can just sell bonds or liens on his properties..
The court would put liens on them anyway.
The claim made at the outset seems to be a deliberate ploy by those who wield influence over the legal system, motivated by their bias. As an immigrant to the US, I've witnessed the troubling trajectory of the American justice system. It serves as a stark reminder that if Americans remain complacent or even content simply because they dislike Trump or lack wealth, they may find themselves subjected to unjust punishments in the future. Perhaps you could be penalized simply for having $100 more than your neighbor, or because a local government official harbors personal animosity towards you. Such scenarios have unfolded in numerous countries around the world.
Obamas bombing aren’t on trail here dumazz
What he did all real estate people do.
@@ideapowerfulweapon And we’re in a massive real estate crisis right now, how is that justification?
How can something be 'worth a lot of money' if nobody is willing to pay for it? Doesn't that mean it's NOT worth a lot of money? Real estate sounds a lot like NFTs...
You are not far of the truth🙏💯
Just like everything in life, things are only worth what they sell at. Comparing NFTs to real estate is laughable. Clearly, you've never owned anything. You can't just copy and paste a piece of land or building.
I suspect there is lots of nervous wealthy people in NYC now that have ran this same scam. Fortunately, justice cuts both ways, and I can't wait to see the unintended consequences of this. 😅
yes but if you own something you always upsell it, like "oh its worth 20 mil instead of 2 mil because of brand name that makes it unique". gets sold for 1.5 mil in fire sale probably
That is exactly the point of what the Deep State's evil court system is attempting to do to Trump, and what Biden has been doing through Satan's Federal Reserve Bank to devalue our💲!
Real Estate is awkward to shift when you’re desperate.
Given his history of stiffing his attorneys, contractors and numerous U.S banks, no wonder no one wants to guarantee his bond. Eventually the financial chickens come home to roost.
When he is trying to get a bond in order to appeal convictions for fraud, lenders can be a little jumpy.
@@DSilverwoodwell said 👍
Crazy how the banks defended him during this. Crazy how they came out afterwards to calm other investors saying new York wouldn't come after them the way they came after Trump. It's almost like it's purely political.
No way anyone trusts the guy as he left many holding the bag after tedious cat fights
He's too old to make a comeback
I trust the WSJ about as much as I trust the NYT or the Washington Post.
what goes around comes around, he bragged 2 months ago that he would not forgive any country that didn't invest in an army, now why would someone forgive Trump?
The problem is that all of his assets are already tied with loans from Financial Institutions. In simple words, his assets don’t belong to him anymore
But he should have equity unless he refinanced.
@@donquique1, Pretty sure that he already refinanced each property many times
Yeah, you're spot on !!! Other investors will be screwed as well, Sad😢 They force the Trump Organization into this Bankruptcy situation, However it's 🚫 not over yet? Let's wait and see, what next steps will be followed! This is only the beginning to the End!!
trump did this on his own no one forced him to knowingly approve and not disclose the astronomical difference in values on his appraisals for tax and loans.
@@forgogeorge9806at best he is a accessory to a loan/tax fraud. But clearly he is not an accessory in the case he just lost in ny
Fake gold sneakers... fake gold sneakers... fake gold sneakers... come on! Why aren't those selling?
Because they're not gold?
@@dtrn254 I suppose by now lots of people know that they did not melt down DJT's gold ingots to paint those shoes.
They have Trump or T written on them.. how grotesque
They are not fake, they are non-existent. NFT's of Footwear.
@@rr7firefly Trump could always release the silver Trump Renaissance edition 😲
I can't believe that Trumps Lawyers can't find a federal judge to stop this.
THE AG SHOULD BE ASHAMED
If any one of us owed $454 in a judgment and couldn’t pay, we would be thrown in jail until we found a way to get the money. Or while the court sells anything they can get their hands on and garnish our wages with added fees for their trouble.
And if you had to pay this fine as a result of a politically oriented miscarriage of justice, it would be just as wrong as this case.
@@franciscodanconia4324the only miscarriage , here, is your comment😮
Supposed to be that only defendants who have the money and refuse to pay can be sentenced to jail for unpaid fines in the US, although some courts issue warrants for unpaid court costs/restitution and defendants end up in jail with yet more fines. That won't happen to Trump.
@@franciscodanconia4324He salutes convicted felons at his pep rallies now. The injustice is that he is still allowed to be nominated to run for office as a traitor to this country.
@@franciscodanconia4324 He can counter sue to get his money with damage, if you're right
Wow Rupert, your favourite democracy destroying billionaire seems to be not so liquid now
He never was a billionaire!🤣
@@lynneshawe9714I don’t care for Trump but he has $3B in assets but is low on cash
@@lynneshawe9714 Yes, he is still a billionaire. He holds billions in real property and it appreciates (get a dictionary) everyday.
@@Jack_Horner The bond companies want hard cold cash, not real estate.
The Eighth Amendment to the United States Constitution protects against imposing excessive bail, excessive fines.....