Trump says he’d have to hold ‘fire sale’ of properties to meet $464M bond

by konorM

35 comments
  1. Good, I hope it gives you extreme bowel discomfort.

  2. Lol no shit, It’s either that or they get seized.

  3. Well since he **valued them all at fire sale prices for tax assessment purposes**, I fail to see the problem.

  4. He’s just gonna have to pick himself up by the diaper straps and switch to the value menu.

  5. If consequences are too hard to swallow, don’t break the law.

  6. I always thought that fines were just the cost of doing business for these billionaires?

  7. Better hurry, bud. You’ve got a week left before New York starts running the fire sale for you.

  8. Maybe his book should have had a chapter about how to scam your way out of a deal?

  9. Probably should have thought of that before committing all that fucking fraud, Donald.

  10. >“Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision. In other words, he is trying to take my Appellate Rights away from me,” Trump wrote in a post on his Truth Social platform on Tuesday morning. “Nobody has ever heard of anything like this before.”
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    >“I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!” Trump added.

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    OH MY GOD WE’RE HAVING A FIRE… sale.

  11. Yep, that’s how it plays out for everyone else. Stings don’t it?

  12. Oh, poor Donny, luckily Fani Willis has volunteered to help him sell the properties. I cannot wait to see how much debt those properties carry. I’ve been saying for decades that he doesn’t have any money. I’m looking forward to getting that confirmed.

    correction: it’s the other badass black woman – Leticia James – who will help him sell his properties.

  13. Whatever happened to that 400 million in cash he testified that he had?

  14. Does “fire sale” mean he would have to sell at actual market value, instead of trumped up value?

  15. …. yes. its a punishment. thats why its supposed to hurt.

  16. I hear E Jean Carroll is looking for investment properties.

  17. His whole real estate empire is kinda like a ponzi scheme. He has to sell off a property to be able to pay the loan of another one. I guess they’ve been doing a decent job but once there is a hiccup they will have problems unless oligarchs come to save him again

  18. That “gofundme” has now JUST broke the $1.4 million barrier. Trump has six days to come up with the money.

  19. He’s been living off grifting for the last 8 years.

    Maybe he should cut back on eating out and starbucks and he could afford this fine.

  20. Just like everyone else does when they want to appeal a verdict. If the amount is too much, then perhaps sticking to committing crimes that are more within your budget in the future would be a good idea.

  21. If Mara-Lardo was really worth 1.5 billion as he claimed in his fraud trial he would have zero problem finding a company to put up the bond using that as collateral.

    It would be an easy ~$8 million (based on what I understand to be common commissions of 2%) for a bonding company with almost no downside. If he hypothetically lost the appeal and defaulted, they would get a $1.5 billion property.

    The fact that 30 companies turned him down says everything you need to know about the legitimacy of his claims about the property and his billionaire status.

  22. for me it’s still to good to be true, I have a bad feeling about this, like he’ll get away with it by delaying the whole process again…

  23. Sometimes I think America is too stupid to survive this.

  24. I expect him to be bailed out at the 11th hour

    Buuutt maybe I’m wrong he seems unusually scared here

  25. Good. Take that fucking sign off the building in Chicago

  26. Guy who breaks the law and is caught is angry about selling assets that he gained by breaking the law.

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