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re: Trump has to deposit $455 million just to appeal the decision against him

Posted on 2/20/24 at 11:22 am to
Posted by Lsuhoohoo
Member since Sep 2007
94860 posts
Posted on 2/20/24 at 11:22 am to
quote:

DeutchBank should be able to do so and they have a relationship with him.


A secondary intent of all this mess is to make him a toxic association for lenders. Not only from a reputational aspect but if they place his businesses in jeopardy and tie up his liquidity and assets in these ridiculous fines he becomes an unstable liability to lend to.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424370 posts
Posted on 2/20/24 at 11:24 am to
quote:

A secondary intent of all this mess is to make him a toxic association for lenders. Not only from a reputational aspect but if they place his businesses in jeopardy and tie up his liquidity and assets in these ridiculous fines he becomes an unstable liability to lend to.


Technically, NY could go after every bank in the Trump case and do the same thing to each bank.
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