Donald Trump is facing a pair of major legal verdicts in New York that risk wiping out most — if not all — of the cash the billionaire says he has on hand, a potential blow to the presidential candidate whose persona is tied up with financial success and wealth.
Trump on Friday was ordered by a jury to pay $83.3 million to writer E. Jean Carroll for defaming her in 2019 when he denied her sexual-assault allegation.
On top of that, a verdict is expected this week in New York’s civil fraud trial, which seeks the return of $370 million in “illegal profits” Trump allegedly made by lying to banks about his wealth to get better terms on loans.
In a deposition last year, Trump described his stockpile of cash as being “substantially in excess” of $400 million. The Bloomberg Billionaires Index placed his liquid assets at about $600 million, though Trump’s exact financial status remains famously opaque.
Hit him right in the wallet!
It would be. But he’s utterly broke and it doesn’t exist.
Trump’s Truth Social has had to borrow $8 million from the Russian Mafia to stay afloat. He has zero cash available.
WOMP
…and I cannot stress this enough…
..WOMP
I think the headline meant to read – Trump supporters cash at risk from $450 Million Dual Verdicts.
He’s not worried. He will get his supporters to pay for him, if he pays at all. They’ll be happy to go bankrupt for him, and after that will blame Biden.
At this point I’d be willing to go to him and be like “we will drop everything if you just shut up and fuck off” he’s loosing so hard now he may just take it.
I have serious doubts he even has a cash stockpile. He’s probably going to have to liquidate some of his properties just to keep up with his lawsuits and legal bills.
Who wrote that dross?
He doesnt have ANY cash stockpile in the least and the valuations are all his exaggerated numbers so that he can appear to be biggly winning.
Yeah this isnt going to stop him. Sorry
Long overdue bill, motherfucker.
Time for another urgent email to the kooks of magaville. Stop paying for grandma’s medication, Donnie needs you.
Three charges down, 89 (or so) to go.
Putin’s almost out of money !
All the anti-socialist on social security will donate a portion of their gummint cheques to keep their rapist conman hero afloat.
Oh righrt, they’re tapped out too.
As soon as he liquidates his Newyork holdings he will be ready for round three with Carroll.
Selling his properties that are already over mortgaged will result in a negative cash flow … time to run mango Mussolini
it’l be appealed until the heat death of the sun. Good luck getting it
Womp womp. On a side note, I would love to see another round of Trumps trading cards
He doesn’t have the cash..let’s put that out there. Everything he claims he has is a lie..You don’t grift your cult members and your supposed friends if you really had all those billions… He’s worth nothing of any value except his properties, lies perpetually, and inflates any value of anything he has.
He’s broke as a fucking joke. He has zero interest in paying for anything.
That assumes Trump will pay his fines, or pay his fines in a timely way.
Oh noes!! Anyway…
If i was a Republican and Dufus was a Dem, i would say the missing secret documents need to be secured or the source needs to be apprehended. Before millions of dollers appear out of thin air.
I didn’t think politicians could use campaign donations to pay for stuff like legal fees?
Sounds like it’s time to shake down everyone’s racist grandpa with a last minute newsletter appeal to save freedom again.
Trump’s crimes are being covered by elected and appointed republicans from the federal, state, and local level.
We need to prepare to vote. Check your registration, get an ID , learn where your poling station is, learn who is running in down ballot races. Pay attention to primaries not just for the president but for all races, local, state and federal. From the school board to the White House every election matters.
Small donations aren’t enough to run a campaign and face off legal bill. He needs billionaires and even now they know he can’t function to even sign legislation
27 comments
*From Bloomberg News reporter Erik Larson:*
Donald Trump is facing a pair of major legal verdicts in New York that risk wiping out most — if not all — of the cash the billionaire says he has on hand, a potential blow to the presidential candidate whose persona is tied up with financial success and wealth.
Trump on Friday was ordered by a jury to pay $83.3 million to writer E. Jean Carroll for defaming her in 2019 when he denied her sexual-assault allegation.
On top of that, a verdict is expected this week in New York’s civil fraud trial, which seeks the return of $370 million in “illegal profits” Trump allegedly made by lying to banks about his wealth to get better terms on loans.
In a deposition last year, Trump described his stockpile of cash as being “substantially in excess” of $400 million. The Bloomberg Billionaires Index placed his liquid assets at about $600 million, though Trump’s exact financial status remains famously opaque.
Hit him right in the wallet!
It would be. But he’s utterly broke and it doesn’t exist.
Trump’s Truth Social has had to borrow $8 million from the Russian Mafia to stay afloat. He has zero cash available.
WOMP
…and I cannot stress this enough…
..WOMP
I think the headline meant to read – Trump supporters cash at risk from $450 Million Dual Verdicts.
He’s not worried. He will get his supporters to pay for him, if he pays at all. They’ll be happy to go bankrupt for him, and after that will blame Biden.
At this point I’d be willing to go to him and be like “we will drop everything if you just shut up and fuck off” he’s loosing so hard now he may just take it.
I have serious doubts he even has a cash stockpile. He’s probably going to have to liquidate some of his properties just to keep up with his lawsuits and legal bills.
Who wrote that dross?
He doesnt have ANY cash stockpile in the least and the valuations are all his exaggerated numbers so that he can appear to be biggly winning.
Yeah this isnt going to stop him. Sorry
Long overdue bill, motherfucker.
Time for another urgent email to the kooks of magaville. Stop paying for grandma’s medication, Donnie needs you.
Three charges down, 89 (or so) to go.
Putin’s almost out of money !
All the anti-socialist on social security will donate a portion of their gummint cheques to keep their rapist conman hero afloat.
Oh righrt, they’re tapped out too.
As soon as he liquidates his Newyork holdings he will be ready for round three with Carroll.
Selling his properties that are already over mortgaged will result in a negative cash flow … time to run mango Mussolini
it’l be appealed until the heat death of the sun. Good luck getting it
Womp womp. On a side note, I would love to see another round of Trumps trading cards
He doesn’t have the cash..let’s put that out there. Everything he claims he has is a lie..You don’t grift your cult members and your supposed friends if you really had all those billions… He’s worth nothing of any value except his properties, lies perpetually, and inflates any value of anything he has.
He’s broke as a fucking joke. He has zero interest in paying for anything.
That assumes Trump will pay his fines, or pay his fines in a timely way.
Oh noes!! Anyway…
If i was a Republican and Dufus was a Dem, i would say the missing secret documents need to be secured or the source needs to be apprehended. Before millions of dollers appear out of thin air.
I didn’t think politicians could use campaign donations to pay for stuff like legal fees?
Sounds like it’s time to shake down everyone’s racist grandpa with a last minute newsletter appeal to save freedom again.
Trump’s crimes are being covered by elected and appointed republicans from the federal, state, and local level.
We need to prepare to vote. Check your registration, get an ID , learn where your poling station is, learn who is running in down ballot races. Pay attention to primaries not just for the president but for all races, local, state and federal. From the school board to the White House every election matters.
https://ballotpedia.org/Elections_calendar
Small donations aren’t enough to run a campaign and face off legal bill. He needs billionaires and even now they know he can’t function to even sign legislation