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EarlG

(21,948 posts)
Mon Mar 25, 2024, 01:40 PM Mar 25

Where is Trump going to get the $175 million from? [View all]

Sure it's not as much as $454 million, but it's not exactly a small amount. He managed to get $91 million for a bond to appeal the E Jean Carroll ruling (which he will probably lose) but this is twice that amount, and he has 10 days to get it.

The bond is smaller, and some of the restrictions on his businesses have been temporarily lifted pending appeal, but he's on another 10 day countdown now.

The $454 million judgment is still in effect -- that hasn't been reduced -- so if he posts bond in 10 days and the appeal subsequently fails, he immediately loses that $175 million and has to pay the rest.

So while the bond amount is reduced, isn't he basically still in the same boat? We'll be spending the next 10 days as we did the last 10 days -- wondering where all those millions of dollars for the bond are going to come from.

I'm not trying to put lipstick on a pig here, but while this turn of events does reduce Trump's immediate burden, it hasn't put him in the clear. He's broke, his campaign is broke, he's embroiled in multiple civil and criminal trials, and despite today's news he's increasingly coming across as a whining loser...

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Recommend ⬆️ mobeau69 Mar 25 #1
Well, the Tik Tok invester may not be so interested now that VP Harris has indicated admin does NOT intend to ban. hlthe2b Mar 25 #2
What? Biden admin basically wrote the bill. LeftInTX Mar 25 #8
VP Harris says Biden administration doesn't want to ban TikTok despite backing bill that would force sale hlthe2b Mar 25 #10
Biden has been saying this all along. The investor knows the whole story. LeftInTX Mar 25 #11
... hlthe2b Mar 25 #12
Of course she doesn't want to ban Tik Tok just the Chinese owner, why aren't people getting this nuance? The owner ... uponit7771 Mar 25 #25
.. hlthe2b Mar 25 #35
the Bill is a de facto BAN on TikTok WarGamer Mar 25 #40
This is false, China has detached parent companies from overseas owners without fuss before. Tik Tok is banned in ... uponit7771 Mar 25 #43
Same place he probably would have gotten the 400+ million from Freethinker65 Mar 25 #3
Expect the Appeals Court to lower the amount again and grant another extension. Girard442 Mar 25 #4
Silly question Traildogbob Mar 25 #5
With the way justice is moving, I wonder if he won't get another extension. Emile Mar 25 #6
Good points. He should still be liquidating underpants Mar 25 #7
I agree. I also think Judge Engoron expected it to be reduced ecstatic Mar 25 #9
Engoron literally documented every dollar ancianita Mar 25 #30
I'm pretty sure that Trump has top secret documents gab13by13 Mar 25 #13
His portable cash is stashed in offshore accounts FakeNoose Mar 25 #16
That's what I think ismnotwasm Mar 25 #14
Trump is expected to make at least $3 billion Locutusofborg Mar 25 #15
Generally, the major investors in an IPO are not able to sell their shares for Sogo Mar 25 #18
But it CAN be levied on. lastlib Mar 25 #36
He can't sell for 6 months though NickB79 Mar 25 #33
He can borrow against it... right away WarGamer Mar 25 #41
Nobody believes that site... appmanga Mar 25 #44
Apparently he had it between the couch cushions 0rganism Mar 25 #17
Yup, and now he's going to have to attend his criminal trial, MineralMan Mar 25 #19
The Saudis and Russia come to mind. Cyrano Mar 25 #20
he thinks he should be able to wave his hands around barbtries Mar 25 #21
I agree friend he is so twisted. Duncanpup Mar 25 #31
The one thing you failed to mention is that Don Poorleone is rapidlt losing his shit. flashman13 Mar 25 #22
Earl heard he will sell all of his shares of Truth Social YoshidaYui Mar 25 #23
If he sells, his shares will be worthless getagrip_already Mar 25 #37
Sounds Legitimate YoshidaYui Mar 25 #45
Easter week special perhaps? StarryNite Mar 25 #24
The TikTok billionaire, or the Twitter billionaire-- viva la Mar 25 #26
We don't know that's the final number lame54 Mar 25 #27
Thanks and this from Lisa Rubin.. Cha Mar 25 #28
Well since he has said in court filings that he doesn't have the money hamsterjill Mar 25 #29
That is part of the enhanced monitoring order... getagrip_already Mar 25 #39
His claudette Mar 25 #32
He is in exactly the same boat, and the state is actually in a slightly better boat Ocelot II Mar 25 #34
When his assets are down to where mine are, I'll worry that maybe he doesn't have it. Think. Again. Mar 25 #38
Jared made him an offer... appmanga Mar 25 #42
When a "billionaire" can't scrape together $175 million, it will be even more humiliating dlk Mar 25 #46
K&R. Wednesdays Mar 25 #47
Russia Skittles Mar 25 #48
Powerball? SocialDemocrat61 Mar 25 #49
I'd cash-out all that Lib-Ownership. czarjak Mar 26 #50
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