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Media is stating that Trump is unable to pay the money.
Posted on 3/18/24 at 5:33 pm
Posted on 3/18/24 at 5:33 pm
This is so much propaganda that it should be against the law. What a disgrace in the MSM. We have a third world country with news media. Thank your intelligence agencies. They push the messages each day to MSM to what they they want you to hear.
This post was edited on 3/18/24 at 5:38 pm
Posted on 3/18/24 at 5:37 pm to chili pup
Maybe Pelosi, Schumer or one of the other 80 year olds in DC can loan him some. They all seem to have amassed a fortune in government work.
Posted on 3/18/24 at 5:39 pm to chili pup
How many people out there do they think have the ability to put up 100s of millions of dollars with almost no notice
Posted on 3/18/24 at 5:42 pm to DrrTiger
Or fat fanny can loan it to him, she keeps a LOT of cash on hand….. her daddy taught her that! Ya know, as opposed to having your money in real investing…… DUMB
This post was edited on 3/18/24 at 5:53 pm
Posted on 3/18/24 at 5:48 pm to Datbawwwww
I don’t get why this massive bond is required? It’s clearly punitive and unreasonable. Who realistically could put up that amount of cash? Even Elon, Zuckerberg, Gates, Buffet probably don’t have that much cash on hand without having to sell stock or liquidate assets….
This post was edited on 3/18/24 at 5:52 pm
Posted on 3/18/24 at 5:48 pm to chili pup
The media are so dishonest. Trump is attempting to secure an appeal bond to cover this ridiculous judgment. It’s a massive bond that will be needed and would take a fortune 500 company time to secure.
Posted on 3/18/24 at 5:51 pm to Riverside
quote:
It’s a massive bond that will be needed and would take a fortune 500 company time to secure.
Big Scrub says he should be able to do it in 5 seconds like Bezos' ex can.
Posted on 3/18/24 at 6:08 pm to 14&Counting
quote:
Even Elon, Zuckerberg, Gates, Buffet probably don’t have that much cash on hand without having to sell stock or liquidate assets….
They could raise 25% of the current value of their stock portfolios within 24 hours on a margin loan.
For normal investors it's 50%. But for insiders it's 25% due to the size and reporting requirements. It would also require a bank syndication which might extend the final funding to maybe one week.
But those guys you mentioned could absolutely raise $10 or $20 billion of cash almost immediately.
Trump's balance sheet is full of illiquid assets that are mostly leveraged. So it's hard for him to borrow against them.
Plus lots of his balance sheet is tied up in intangibles. Like the name "Trump" which he can use as a brand that can create future cash flow. But whose current asset value is almost nothing
Posted on 3/18/24 at 6:13 pm to chili pup
quote:
Media is stating that Trump is unable to pay the money.
quote:
This is so much propaganda that it should be against the law.
Well, Team Trump has said they cannot pay nor get a bond so where is the propaganda?
Or are you just being an emotional bitch?
Posted on 3/18/24 at 6:15 pm to chili pup
There is a big difference between unable to pay and unable to pay one of the largest cash payouts for a single person in history in a short period of time.
Unless some rich person is weird, no one is keeping $500 million dollars in cash.
Even if Trump wanted to liquidate assets to pay it, it would take a long time.
Unless some rich person is weird, no one is keeping $500 million dollars in cash.
Even if Trump wanted to liquidate assets to pay it, it would take a long time.
This post was edited on 3/18/24 at 6:16 pm
Posted on 3/18/24 at 6:15 pm to Pelican fan99
quote:
How many people out there do they think have the ability to put up 100s of millions of dollars with almost no notice
it's not the money. the insurance companies won't issue the bond. it's all politics.
Posted on 3/18/24 at 6:16 pm to TDTOM
quote:
Big Scrub
that **** is the biggest charlatan on this sight.
Posted on 3/18/24 at 6:16 pm to Pelican fan99
quote:
How many people out there do they think have the ability to put up 100s of millions of dollars with almost no notice
Moscow Mitch is loaded with money
Posted on 3/18/24 at 6:27 pm to chili pup
quote:If Pecker were benevolent dictator, he would arrest 50-70% of the journalists in this country
This is so much propaganda that it should be against the law.
Posted on 3/18/24 at 6:54 pm to chili pup
Soooooo, they're making him even more relatable to middle class Americans?
Posted on 3/18/24 at 7:32 pm to chili pup
It's a hell of a scheme if you think about it. Refuse appeal unless you pay the bond in full, then make the judgement so high that it's impossible to pay.
It feels like it should be illegal.
It feels like it should be illegal.
Posted on 3/18/24 at 7:35 pm to Rebel
quote:
it's not the money. the insurance companies won't issue the bond. it's all politics.
This part isn't political. I have multiple clients now and in the past that have had to post supersedeas bonds and bonds over $100 million are basically impossible to obtain due to internal institutional SOPs. They also don't like property as collateral especially if there are any leans on it and even free and clear property is rarely accepted.
I have no clue what the balance sheets look like for the properties he owns but I would bet he could secure an appeal bond for ~$1/2 billion but he is unwilling or extremely reluctant to go forward with what is likely to be very low agreed upon values for said properties. Appel bonds are like most any other type of value leverage in certain cases you can leverage at favorable rates and valuation and in some cases you have to resort to "buy here/pay here" rates and valuations.
Posted on 3/18/24 at 7:36 pm to chili pup
quote:
Media is stating that Trump is unable to pay the money.
They arent wrong, he doesnt have the cash on hand and no one will back the bond.
Posted on 3/18/24 at 7:39 pm to BuckyCheese
quote:
Well, Team Trump has said they cannot pay nor get a bond so where is the propaganda?
Or are you just being an emotional bitch
I hope if Trump is elected, he gets revenge on all these corrupt, disgusting, traitorous pos.
Posted on 3/18/24 at 8:22 pm to TigerFanatic99
That is unconstitutional but that is not what is happening. Trump can appeal without the bond. However, without the bond, he cannot stop them from starting the process to collect while he is appealing.
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