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Potential great news for Trump and his financial future

Posted on 2/21/24 at 11:34 am
Posted by roadGator
Member since Feb 2009
157416 posts
Posted on 2/21/24 at 11:34 am
quote:

Why Trump may soon rake in a $4 billion payday despite his legal problems The SEC has cleared the way for a merger that could make Donald Trump $4 billion, more than enough to pay all the civil liability claims in cases already decided and those that are pending.


quote:

Trump has been on the edge of the cliff before. For example, Trump-owned companies operating in Atlantic City filed for Chapter 11 four times between 1991 and 2009. But none of them proved fatal to Trump’s real estate empire.



quote:

Trump, however, may again avoid disaster. CNN Business reported the day before Engoron released his decision that “Donald Trump just got the green light to return to Wall Street.” The Securities and Exchange Commission approved a merger between Trump Media & Technology Group and Digital World Acquisition Corp., a blank-check company, which would allow the Trump media enterprise to be a publicly traded company.


quote:

A blank-check company is a “special purpose acquisition company” formed to raise funds via an initial public offering without identifying the precise use of the funds. It is publicly traded even though it does not have an established business plan or a designated potential merger opportunity.


Would be a huge payday for him if he can successfully navigate the waters and bring it to fruition.

LINK

Which of you commies downvoted this good news?
This post was edited on 2/21/24 at 12:23 pm
Posted by ScottFowler
NE Ohio
Member since Sep 2012
4690 posts
Posted on 2/21/24 at 11:36 am to
Amazing timing...what a coincidence...
Posted by roadGator
Member since Feb 2009
157416 posts
Posted on 2/21/24 at 11:37 am to
Weird how things work out.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
475752 posts
Posted on 2/21/24 at 11:39 am to
Trump relying on a SPAC seems pretty on brand for him. I thought they had died out after their surge during the pandemic.
Posted by BamaAtl
South of North
Member since Dec 2009
22253 posts
Posted on 2/21/24 at 11:39 am to
Another way for him to fleece the rubes that idolize him.
Posted by roadGator
Member since Feb 2009
157416 posts
Posted on 2/21/24 at 11:40 am to
We aren’t talking about buying Hillary’s book, you pussy.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97635 posts
Posted on 2/21/24 at 11:52 am to
Such an awful businessman
Posted by SirWinston
Say NO to War
Member since Jul 2014
104464 posts
Posted on 2/21/24 at 11:53 am to
The absolute melts from Colbert, Kimmel, Stewert, MSM, etc. when Trump is able to boast about this pivot on the campaign trail
Posted by oogabooga68
Member since Nov 2018
27194 posts
Posted on 2/21/24 at 11:58 am to
quote:

Trump relying on a SPAC seems pretty on brand for him. I thought they had died out after their surge during the pandemic.



Hmmmm....if only there were a way for an autistic loser on a message board to get in touch with a billionaire who is one of a handful of people to ever become President and DAZZLE him with his brilliant advice.....hmmmmmmm....
Posted by roadGator
Member since Feb 2009
157416 posts
Posted on 2/21/24 at 11:58 am to
I fricking hate Kimmel irrationally.

Those idiots ruined late night tv.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
475752 posts
Posted on 2/21/24 at 11:59 am to
SPACs being seen as scams now has nothing to do with Trump. A simple google or Youtube search would educate you.
Posted by Clemson_all_in1979
Member since Sep 2023
704 posts
Posted on 2/21/24 at 12:06 pm to
God always smiling down its called blessings
Posted by Clemson_all_in1979
Member since Sep 2023
704 posts
Posted on 2/21/24 at 12:08 pm to
Dipshit not everyone who supports him is a false idol worshippers I seen a fee of them at the townhall yesterday
Posted by jawnybnsc
Greer, SC
Member since Dec 2016
5988 posts
Posted on 2/21/24 at 12:12 pm to
He should be seeking cert to hear his 8th and 14th Amendment claims against James and Bragg.
Posted by roadGator
Member since Feb 2009
157416 posts
Posted on 2/21/24 at 12:14 pm to
I was surprised the author didn’t attack SPACs more in the article considering his obvious disdain for Trump.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
475752 posts
Posted on 2/21/24 at 12:16 pm to
I imagine those are coming down the pipe at some point.

Not everyone can connect the dots like message board posters
Posted by Zarkinletch416
Deep in the Heart of Texas
Member since Jan 2020
8689 posts
Posted on 2/21/24 at 12:19 pm to
quote:

Would be a huge payday for him if he can successfully navigate the waters and bring it to fruition.


Not Trump's first rodeo. When you swim next to the bloodsucking sharks, you learn to fend them off - as in keep them from eating you. Keep your friends close - keep your enemies even closer.

I love that magnificent Orange Bastard.

Trump 2024 - He Stands With Us (We need to stand with him)

This post was edited on 2/22/24 at 12:21 pm
Posted by boosiebadazz
Member since Feb 2008
85436 posts
Posted on 2/21/24 at 12:20 pm to
quote:

The Securities and Exchange Commission approved a merger


Seems the SEC didn’t get the political persecution memo Biden sent out to all the federal agencies.
Posted by roadGator
Member since Feb 2009
157416 posts
Posted on 2/21/24 at 12:21 pm to
They probably mailed the memo and we all know the post office can frick up an anvil with a powder puff.
This post was edited on 2/21/24 at 12:23 pm
Posted by cajunangelle
Member since Oct 2012
166475 posts
Posted on 2/21/24 at 12:26 pm to
This is news from when last week? Did you take a TDS vax? Whoopie flip, I doubt it.
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