In win for Trump, appeals court lowers his bond to $175M in civil fraud case

For all of you gloating POS - The ruling also delays enforcement of the $464 million judgment by 10 days. -- https://abcnews.go.com/US/bond-posted-trump-risks-losing-prized-assets-fraud/story?id=108402922

He still won't be able to cover it.

Originally posted by: Mark

He still won't be able to cover it.


    Really? You always spout this kind of lying crap AND you have NEVER been right. Get some help with your TDS...

 

David, you can donate to help the billionaire pay his legal restitution.    After all, he's been indicted for you !

Here's the link :

Suckers for Trump donation link

 

Maybe you can send him some of the "other peoples' money" you got during COVID.


So he "only" needs $175m to appeal his defamation ruling not $475m--that would make a good campaign slogan for him:   I'm Liable for Sexual Assault and Defamation, but Only for $175m Not $475m".  

The judge said that they couldn't enforce the $475 million bond.  Why did the radical Liberal judge apply an uninforceable bond?  Is the $175 enforceable?

 

Libs that say because Trump can't come up with $475 million on short notice proves that he's broke are idiots.

What word describes people who  think a man convicted of fraud should be in charge of US tax policy? 

Originally posted by: Boilerman

The judge said that they couldn't enforce the $475 million bond.  Why did the radical Liberal judge apply an uninforceable bond?  Is the $175 enforceable?

 

Libs that say because Trump can't come up with $475 million on short notice proves that he's broke are idiots.


They said no such thing. In fact the total judgment is still the same. They just gave Trump special treatment that no other defendant would get.  I hope every defendant asks to pay less than half their bond because of the new Trump rule.

Originally posted by: Boilerman

The judge said that they couldn't enforce the $475 million bond.  Why did the radical Liberal judge apply an uninforceable bond?  Is the $175 enforceable?

 

Libs that say because Trump can't come up with $475 million on short notice proves that he's broke are idiots.


The judgment is still $475m, the bond is "only" $175--apparently  you think you are really smart Boiler, but you show no evidence of it on this board.  

The conservitard idiots are crowing, but this is a YUGE disaster for Trump. Here's why.

 

If the $454 million bond had to be posted, Trump would have had his real estate attached when he failed to do so. It's already been noted many times that virtually all of his properties have bank liens on them--this is integral to his fraud, in fact. Those liens, because of Trump's fraudulent inflating of their true worth, are often more than the value of the properties.

 

If New York placed a lien on any of those properties, such a lien would be junior, or subordinate, to the existing liens owned by banks and mortgage companies. If those properties were sold, the banks would be first in line. For instance, a property actually worth $50 million, Trump inflated its value and borrowed $80 million against it. It's actually underwater now. A junior lien is worthless.

 

Instead, Trump will be bled $176 million in CASH, which he'll never see again. The court didn't do him any favors. He's still on the hook for the whole $454 million.

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