Truth Social........lmfao Has less than 600,000 monthly users, and the App doesn't even make the top 100 D/L's list....But hey, if some dumb schmucks are going to buy and give him a bunch of money....great, he can't spend it for six months and who knows if those shares go up or down, once the real values are learned by the stock holders...Penny stock anyone?
I’m no Trump fan but it’s possible he doesn’t have that much in cash.
As anticipated, Trump has failed to obtain the required bond. However, I think he has a decent chance of getting relief from the court on this issue for a number of reasons. Firstly, the Brokers can advise that 30 institutions (insurers) have declined the risk. Secondly the EJ Carroll bond was for about $90 million and Chubb the guarantor would only have granted that if they had been granted a lien over all of Trumps unencumbered net assets, and this bond has used up all available market capacity. Bank loans on properties would be treated as preferred creditors ahead of Chubb. Thirdly he may have an unlooked for ally; the Monitor appointed to the Trump companies can advise independently what funds are available - or not. In the light of the available facts my judgement is that Trump could obtain a very substantial reduction in the fraud case Bond given that the Monitor has pretty much total control of Trumps companies so he cannot liquidate anything for his own benefit.
I suspect that everything he owns is heavily mortgaged. Even seizing all his assets and liquidating them won't raise $500m
I doubt he does, but he should have the ability to borrow the money, or get a bond put up. Seemingly he can't, which means his worth is just on paper, and his credit is shit....
"According to a Sportico analysis of a recent Federal Election Commission disclosure, Trump reported earning as much as $555 million from his golf portfolio between January 2022 and April 14, 2023. That tally accounts for roughly half of the $1.2 billion in income he specified as having received during that time."
Trump dumped 300 million into his Scottish golf courses in 2021, many question where he came up with that cash, and given he can't come up with 500 million right now, that gives some credence to him being very over leveraged.
Trump, An Overview
I hope Levin empties his bank account to help Trump.
People with money don’t usually like to just throw it away. They see a clear loser with this one.
Bingo. The man has been stiffing his creditors for decades, refusing to pay his bills and then tying them up in court until they give up. And anyone who knows him well enough for him to ask them for money knows it.
all of it. the repubs are a broken group of shitty human beings
I would think that most billionaire republicans, even MAGATs, probably became billionaires by being smart enough (My Pillow Guy excepted) not to stupidly double down and say the exact same things about E Jean on the courthouse steps after losing at trial. Seeing that stupidity, they would not give a dime to that moron for his defense. They’ll still vote for him, though.
Maybe with Trump pocketing all the RNC money, Dems might be able to hang onto the Senate.
Look at how Rightguide always sees everything as a matter of Trump being persecuted. That will get a lot of contributions from people like him, no doubt about it. But I'm not so sure it'll be enough this time.
"Perpetual Victimhood" is a core tenet of the MAGA philosophy.
I think the problem is that most Republican billionaires are ACTUAL Republicans and not MAGA retards. They believe in smaller government, lower taxes, pro-life policies, and fewer regulations. Traditional, rational conservative ideals. They DON'T believe the last election was rigged or stolen, that you can shine a very powerful light inside the body to fight Covid-19, or that it's a good idea to nuke a hurricane. Or that loaning money to Donald Trump is a wise investment.
