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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 by chili pup
Member since Sep 2011
2203 posts
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 by DrrTiger
Louisiana
Member since Nov 2023
285 posts
Posted on 3/18/24 at 5:37 pm to
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 by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34715 posts
Posted on 3/18/24 at 5:39 pm to
How many people out there do they think have the ability to put up 100s of millions of dollars with almost no notice
Posted by Datbawwwww
Member since Oct 2023
184 posts
Posted on 3/18/24 at 5:42 pm to
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 by 14&Counting
Eugene, OR
Member since Jul 2012
37618 posts
Posted on 3/18/24 at 5:48 pm to
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 by Riverside
Member since Jul 2022
2316 posts
Posted on 3/18/24 at 5:48 pm to
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 by TDTOM
Member since Jan 2021
14446 posts
Posted on 3/18/24 at 5:51 pm to
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 by No Colors
Sandbar
Member since Sep 2010
10384 posts
Posted on 3/18/24 at 6:08 pm to
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 by BuckyCheese
Member since Jan 2015
49196 posts
Posted on 3/18/24 at 6:13 pm to
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 by The Pirate King
Pangu
Member since May 2014
57676 posts
Posted on 3/18/24 at 6:15 pm to
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.
This post was edited on 3/18/24 at 6:16 pm
Posted by Rebel
Graceland
Member since Jan 2005
131369 posts
Posted on 3/18/24 at 6:15 pm to
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 by Rebel
Graceland
Member since Jan 2005
131369 posts
Posted on 3/18/24 at 6:16 pm to
quote:

Big Scrub


that **** is the biggest charlatan on this sight.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54662 posts
Posted on 3/18/24 at 6:16 pm to
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 by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 3/18/24 at 6:27 pm to
quote:

This is so much propaganda that it should be against the law.
If Pecker were benevolent dictator, he would arrest 50-70% of the journalists in this country
Posted by fifthdeadlyvenom
Member since Nov 2016
258 posts
Posted on 3/18/24 at 6:54 pm to
Soooooo, they're making him even more relatable to middle class Americans?
Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
27555 posts
Posted on 3/18/24 at 7:32 pm to
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.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25620 posts
Posted on 3/18/24 at 7:35 pm to
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 by AubieinNC2009
Mountain NC
Member since Dec 2018
4941 posts
Posted on 3/18/24 at 7:36 pm to
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 by lake chuck fan
westlake
Member since Aug 2011
9157 posts
Posted on 3/18/24 at 7:39 pm to
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 by bayouboo
Member since Jan 2007
2221 posts
Posted on 3/18/24 at 8:22 pm to
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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