- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Appeals Court Cuts bond to 175 Million and extends time to pay(10 Days)
Posted on 3/25/24 at 10:31 am to teke184
Posted on 3/25/24 at 10:31 am to teke184
quote:
Still may not be able to find someone willing to cover $175m as a bond.
He testified under oath that he had over $400 million cash on hand over 6 months ago and said it was growing substantially every month. So if that's true then he should be able to wire out $175mm without crippling his ability to operate his business
2
Posted on 3/25/24 at 10:34 am to No Colors
Why tie up all your liquidity with a bullshite court case if you can get a bond? Or if you can shame them into continuing to lower the threshold?
Posted on 3/25/24 at 10:36 am to LSU5508
He needs to keep calling their bluff.
Posted on 3/25/24 at 10:39 am to LSU5508
My guess is he can probably pull together $25-$50M himself, and get a syndicate to cover the rest.
Posted on 3/25/24 at 10:39 am to LSU5508
From Sunday. 
Minnesota Attorney General Keith Ellison (D) said Sunday that former President Trump’s “reckoning” is quickly approaching if he does not pay the damages in his civil fraud case by the Monday deadline to pay a $454M bond.
Asked by MSNBC’s the Rev. Al Sharpton if he is “confident” justice will soon be served, Ellison responded: “Yes, I am confident and I just want to commend Attorney General Letitia James for pushing justice and making sure that nobody’s above the law, nobody’s beneath the law.”
“Certainly, Donald Trump is being treated just like any other civil defendant. He’s got to come up with the bond, or he’s going to see a levy and execution seizure on the judgment,” he continued, adding later, “His moment of reckoning is coming up quick.”
Minnesota Attorney General Keith Ellison (D) said Sunday that former President Trump’s “reckoning” is quickly approaching if he does not pay the damages in his civil fraud case by the Monday deadline to pay a $454M bond.
Asked by MSNBC’s the Rev. Al Sharpton if he is “confident” justice will soon be served, Ellison responded: “Yes, I am confident and I just want to commend Attorney General Letitia James for pushing justice and making sure that nobody’s above the law, nobody’s beneath the law.”
“Certainly, Donald Trump is being treated just like any other civil defendant. He’s got to come up with the bond, or he’s going to see a levy and execution seizure on the judgment,” he continued, adding later, “His moment of reckoning is coming up quick.”
Posted on 3/25/24 at 10:41 am to LSU5508
Still about 174.8 million to high
Posted on 3/25/24 at 10:43 am to Jbird
quote:
Minnesota Attorney General Keith Ellison (D)
How much did his riots cost?
Posted on 3/25/24 at 10:43 am to LSU5508
Dem Underground melting down:
https://www.democraticunderground.com/100218807574
quote:
The appelate court need to be removed. Special privileges for an a__hole.
quote:
He is still getting preferential treatment and exactly what he wants more delay. I am sick and tired of people who keep making excuses for a corrupt justice system that keeps granting exceptions to this f___er that would not be avaliable to anyone else. He even admitted he had the money that he just didn't want to pay it.
https://www.democraticunderground.com/100218807574
Posted on 3/25/24 at 10:44 am to LSU5508
MSM- appellate court judges are compromised and are Russian assets. Keith Olbermann will be calling for them to be thrown in the gulag.
Posted on 3/25/24 at 10:45 am to tigersbh
Problem for DU is that this is a bullshite case that will get tossed on appeal. If they start liquidating his properties and it gets overturned, the city and state of NY are in major financial trouble.
Posted on 3/25/24 at 10:46 am to MFn GIMP
quote:
but the idea that you can't even appeal a judgement without getting a bond is insane to me
this is the law in pretty much every state. If you have a money judgment entered against you in Louisiana, you have to file a suspensive appeal to suspend the enforcement of the judgment. Same concept in prob every state.
Posted on 3/25/24 at 10:49 am to teke184
quote:
Why tie up all your liquidity with a bullshite court case if you can get a bond? Or if you can shame them into continuing to lower the threshold?
Right - this is already a win. He can probably get someone to issue $175 where half a billion would cause folks to balk. Also, the fees are going to be much more palatable at $175 - if linear, it drops the costs to 1/3 and then makes it a better A to B analysis on whether or not to just post it cash or pay for a bond.
Posted on 3/25/24 at 10:51 am to Ace Midnight
How does it work if it gets overturned on appeal? Does he get any of the money back?
Posted on 3/25/24 at 10:51 am to LSU5508
And DWAC changes to DJT ticker starting tomorrow. Big news for his stock!
Posted on 3/25/24 at 10:53 am to TDTOM
If he buys a bond, I think he's out that - cost of litigation. If he posts the entire thing himself and wins the appeal, he should get that back (but I'm not studied on whatever jurisdictional nuances are in this particular court).
That's how bonds are supposed to work, anyway, but in this case the bond is too damn high, so what do I know?
That's how bonds are supposed to work, anyway, but in this case the bond is too damn high, so what do I know?
Posted on 3/25/24 at 10:55 am to Ace Midnight
quote:
If he buys a bond,
Isn't the cost of the bond typically 10% or so of the value? Pretty sure that is how bail bonds work.
This post was edited on 3/25/24 at 10:56 am
Posted on 3/25/24 at 10:57 am to LSU5508
Why is President Trump being forced to pay bond on a victimless crime? The businessman and private citizen Donald Trump submitted a loan application, the lender did his due diligence, researched the valuations against the loan application and approved the loan. Private citizen and entrepreneur Mr. Donald Trump used the funds to create jobs and enhance the NYC skyline with magnificent structure(s). He paid the loan (principal + interest) back, everyone made money - no victims no crime.
IMO this is a clear case of a rogue DA (and a Biden AG - DOJ) with an axe to grind for Donald Trump. Everyone knows that......everyone.
So have we reached the point where the DOJ Cabal copies the Stalin era? In particular creating a crime where there isn't any?
“Show me the man and I’ll show you the crime” - Lavrentiy Beria (The Tyrant Joseph Stalin's Secret Service Police Chief)
Trump 2024 - He Stood By Us - Now We Stand With Him.
IMO this is a clear case of a rogue DA (and a Biden AG - DOJ) with an axe to grind for Donald Trump. Everyone knows that......everyone.
So have we reached the point where the DOJ Cabal copies the Stalin era? In particular creating a crime where there isn't any?
“Show me the man and I’ll show you the crime” - Lavrentiy Beria (The Tyrant Joseph Stalin's Secret Service Police Chief)
Trump 2024 - He Stood By Us - Now We Stand With Him.
This post was edited on 3/25/24 at 11:13 am
Posted on 3/25/24 at 11:02 am to Jbird
quote:Keith Ellison (D) & Andre Carson (D) spoke at Muslim Brotherhood Event that promotes HAMA's terrorism, death to America death to jews. death to Christians
Minnesota Attorney General Keith Ellison (D) said Sunday that former President Trump’s “reckoning” is quickly approaching
MSM and hacks pretending they were libertarians, need to say this to Michelle Bachmann
Posted on 3/25/24 at 11:14 am to MFn GIMP
quote:
This is good but the idea that you can't even appeal a judgement without getting a bond is insane to me. This goes further than Trump and something that needs to be resolved.
Where do people keep getting the idea you have to post an appeal bond in order to appeal? This isn't the case and has been explained numerous times here. The bond is to suspend the enforcement of the judgment.
Posted on 3/25/24 at 11:20 am to TDTOM
quote:
Isn't the cost of the bond typically 10% or so of the value? Pretty sure that is how bail bonds work.
Yep, and some states do not have "bondsmen". You post the "bond" with the stae and the keep up to 12.5% of the bond value whether you win or lose.
It is legal highway robbery in those states, especially with the use of such bogus charges!!
Page 2 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News