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Trump Already Owes $99 Million in Fraud Verdict Interest
The judge who hit Donald Trump with a $355 million verdict in New York's civil fraud suit against him said the former president owes another $99 million in interest, largely affirming an estimate made public last week by the state attorney general.
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Sycophant
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And it accrues $111K a day until it's paid.
And Trump can't appeal until he posts a 120% bond.
And he still hasn't addressed E. Jean Carroll's $83M.
That's a lot of shoes.
www.nbcnews.com
#1 | Posted by lee_the_agent at 2024-02-23 04:57 PM | Reply | Newsworthy 1
LEE
But he won the primary in South Carolina. ~ LOL
#2 | Posted by Twinpac at 2024-02-25 04:38 AM | Reply
Have to wonder if the Saudis might go all in for him, figuring if he gets back in they will have a powerful friend. His followers wouldn't care if Russia dropped off the checks.
#3 | Posted by Hughmass at 2024-02-25 06:15 AM | Reply
HEGHMASS
I always suspected that Kushner was working the back channels with his bff, Crown Prince Mohammad bin Salman. That's where they're going to find the kind of money Trump needs. And there's a history of bailouts.
#4 | Posted by Twinpac at 2024-02-25 07:05 AM | Reply
If so, a few questions . . .
1) Would the Saudi's risk half a billion on Trump winning his appeals?
2) Would the Saudi's wait for the fire sale?
3) Would the Saudi's give Trump and his sons jobs in the mailroom?
#5 | Posted by Twinpac at 2024-02-25 07:38 AM | Reply
And one stand-alone question:
Would Melania be accepting bids from anyone in the Saudi Royal family?
#6 | Posted by Twinpac at 2024-02-25 07:54 AM | Reply
I know very little about NY's options when it comes to enforcing/collecting this judgment. But something tells me that, similar to my prediction that he will never actually see the inside of a jail cell, that he also won't be paying a dime of this, and that salivating over the number of digits and commas is a fool's errand.
#7 | Posted by JOE at 2024-02-25 07:58 AM | Reply
NY said they will seize his assets.
#8 | Posted by YAV at 2024-02-25 08:35 AM | Reply
I'm sure his assets are buried under a huge pile of lawyers.
#9 | Posted by REDIAL at 2024-02-25 08:42 AM | Reply
He still won't pay.
#10 | Posted by bat4255 at 2024-02-25 10:16 AM | Reply
#10 | POSTED BY BAT4255
He'll do anything he can not to do so. With the power of the presidency it will be much easier to find away.
#11 | Posted by Zed at 2024-02-25 10:41 AM | Reply
And a bankruptcy filing would likely pause everything. I think you're underestimating the extent to which rich white men get away with virtually everything in this country.
#12 | Posted by JOE at 2024-02-25 11:37 AM | Reply
Finding the money for an appeal (a hail Mary) is the only thing that's holding up the seizure of his property right now. I know there's a legal process to go through to establish a Receivership but once that formality is done, I don't think Trump can have anything more to say about it. The property isn't his anymore. It's been seized by the State and belongs to the State.
Banks, without any collateral, who hold the mortgages will be clamoring for their money. They have to answer to their shareholders.
Nobody thinks this whole complicated mess is going to be a cakewalk. It may take years and many legal battles to finish up. Trump, himself, may not outlive it.
#13 | Posted by Twinpac at 2024-02-25 11:53 AM | Reply
JOE
Trump Org isn't exactly under his control right now. It has a court ordered Monitor and a Comptroller. In your opinion, can Trump still file for bankruptcy under Chapter 13 in the name of the company without court approval?
And how would restructuring get him out of hot water in the fraud judgment?
#14 | Posted by Twinpac at 2024-02-25 01:35 PM | Reply
In your opinion, can Trump still file for bankruptcy under Chapter 13 in the name of the company without court approval?
Fair question and I don't know because i haven't bothered to read the order or enabling statutes. Regardless, the line in America between "rich white men" and "consequences" is neither short nor straight, and i feel like people are so hopeful they forget that when it comes to Trump.
#15 | Posted by JOE at 2024-02-25 02:01 PM | Reply
What is the APR on this fine, and where is it specified? Seems excessive and arbitrary.
#16 | Posted by libs_of_dr at 2024-02-25 05:03 PM | Reply
Not to mention the 14th limiting fines to not be egregious, which is exactly what this is
#17 | Posted by libs_of_dr at 2024-02-25 05:18 PM | Reply
This case reveals more about partisan control of state institutions than it does any unreported victimless crime.
#18 | Posted by libs_of_dr at 2024-02-25 05:20 PM | Reply
You mean the 8th Amendment? the one that applies to criminal cases and not civil cases? That one?
An American would know the answer.
#19 | Posted by truthhurts at 2024-02-25 05:25 PM | Reply
9%.
Specified in NY law and what you or I would likewise pay. Not excessive and certainly not arbitrary
#20 | Posted by truthhurts at 2024-02-25 05:26 PM | Reply
TRUTHY
LOL ~ Only Trump would claim the fine is excessive and the punishment is cruel and unusual.
But then, that's what he always thinks when he's held accountable.
That, and scapegoating.
I don't know the grounds he has for appeal yet, but you can be sure it's something along those lines. I wouldn't be surprised if he included "Letitia James is a Trump-hater" and "Judge Engoron is a Democrat."
#21 | Posted by Twinpac at 2024-02-25 05:58 PM | Reply
Trump Org is prevented from filing bankruptcy. That's not an option unless the court allows it, and the court is who removed that as an option. The only way Trump can stall this is to declare personal bankruptcy, something he has continuously bragged that he has never done.
#22 | Posted by YAV at 2024-02-25 06:15 PM | Reply
99 million is more than that
#23 | Posted by libs_of_dr at 2024-02-25 06:20 PM | Reply
@#16 ... Seems excessive and arbitrary. ...
Why?
#24 | Posted by LampLighter at 2024-02-25 06:21 PM | Reply
NY AG James @NewYorkStateAG +$114,553.04 = $464,805,336.70
How is this 9%?
#25 | Posted by libs_of_dr at 2024-02-25 06:26 PM | Reply
#24 | Posted by LampLighter
Because no one was damaged. No parties to the deal complained.
#26 | Posted by libs_of_dr at 2024-02-25 06:29 PM | Reply
" Because no one was damaged."
Nonsense. Competitors were damaged. Investors were damaged. Folks who follow the rules honestly were damaged. Borrowers who would've been approved, but were turned down instead, were damaged.
Claiming "no one was damaged" just means you don't understand the equation.
#27 | Posted by Danforth at 2024-02-25 06:33 PM | Reply | Funny: 1 | Newsworthy 5
@#26 ... Because no one was damaged. ...
Really?
For starters ...
Because of the fraud, banks gave money to Trump Inc that they normally would not have given to him.
Money that would have gone to others who did not commit fraud in their applications.
So those people were damaged.
#28 | Posted by LampLighter at 2024-02-25 06:50 PM | Reply
Do you suppose these banks have a limit on how much they can lend? What's the current reserve requirement? Zero?
Which bank complained?
And don't cry for the 'competitors'. They won't do anything for you, except drive up prices. Many of them are now saying that they'll abandon NYC because of this, so it's a cut-off-nose-to-spite-face situation. Personally I don't care for Real Estate speculators at all, and if NYC turns into another Detroit I don't care either.
#29 | Posted by libs_of_dr at 2024-02-25 06:56 PM | Reply
#25 | POSTED BY LIBS_OF_DR
It's retroactive to when the offense was committed. It says that in every article published on this subject that includes that figure.
#30 | Posted by YAV at 2024-02-25 06:57 PM | Reply
What about that 9% = 114,553.04 ? I was sure that you experts could explain that .
#31 | Posted by libs_of_dr at 2024-02-25 06:58 PM | Reply
Good grief. Good luck trying to explain the incredibly obvious, spelled out over and over in the ruling, injured party to that poster, folks.
#32 | Posted by YAV at 2024-02-25 06:59 PM | Reply
Oh I see, interest on a fine that didn't exist at the time. Sweet.
#33 | Posted by libs_of_dr at 2024-02-25 06:59 PM | Reply
Oh I see, interest on a fine that didn't exist at the time. Sweet. #33 | POSTED BY LIBS_OF_DR
That's not how it works.
The interest being accrued is not on a fine but on the total amount owed as a result of the judgment against Donald Trump in the New York fraud case. The interest is calculated on the damages awarded, which include compensatory damages and other financial obligations resulting from the case. It is a common practice for interest to be applied to outstanding amounts owed in legal judgments to account for the time value of money and to incentivize timely payment.
Read something somewhere sometime.
#34 | Posted by rstybeach11 at 2024-02-25 07:05 PM | Reply
Seriously? Ignoring compounding and just keeping this as simple as it apparently has to be, do the math and you'll get close. 350,000,000*.09=31,500,000 31,500,000/365=$87,041/day.
However the number that must be used includes the prior amount ($100,000,000) that should have been paid, so ignoring the compounding again and just doing the incredibly simple math you get: 454,156,783.00*0.09=40,874,110 40,874,110/365=$111,983.86/day.
Simple stuff.
#35 | Posted by YAV at 2024-02-25 07:05 PM | Reply | Newsworthy 3
Crime?
LOL
This trial is about 1/2 of the fraud that ------- (the fraud and sexual predator) committed-the inflation of values.
The other side is the deflation of values-you know ordinary tax cheating, which I would assume is the next step now that the CFO was found guilty and the fraud is so obviously proven.
Or at least that is what would happen normally.
#36 | Posted by truthhurts at 2024-02-25 07:05 PM | Reply
it's not here to read, understand, comprehend, know anything about the law, how civil disgorgment is handled in NY State, or for any other actual reason other than to be a total dumbass throwing ketchup at the walls to see how well it sticks.
And I'm guilty of talking to it. Ugh.
#37 | Posted by YAV at 2024-02-25 07:07 PM | Reply
@#29 ... Do you suppose these banks have a limit on how much they can lend? ...
They do.
... What's the current reserve requirement? ...
Your search engine of choice is your friend.
... Which bank complained?
And don't cry for the 'competitors'. ...
Why would it be the competitors who complain?
NY State was looking out for the other citizens on NY (as it should!), who did not commit fraud in their loan applications, who may have been denied loans because the bank's money went to Trump Inc.
.
#38 | Posted by LampLighter at 2024-02-25 07:11 PM | Reply
" Do you suppose these banks have a limit on how much they can lend?"
A pool of investors who are lending their own money?
Umm ... yeah.
#39 | Posted by Danforth at 2024-02-25 07:16 PM | Reply
"The interest being accrued is not on a fine but on the total amount owed as a result of the judgment "
Absolutely.
Just like when the IRS finds out you owed $1000, they always tack on any applicable penalties and interest from the day the money was due. Standard Operating Procedure.
#40 | Posted by Danforth at 2024-02-25 07:17 PM | Reply
Furthermore, I suspect over the next couple of months we are going to see the true cost of his crimes.
You see he was committing fraud so that he could borrow more and more money than he otherwise could have.
That debt is like a house of cards, frequently taking a loan out to pay off another loan. His claiming his assets were worth more than they were allowed him to borrow more than he could. That is fine, sort of, as long as the game of musical chairs keeps going. But BAM, this penalty essentially puts a stop to it. At best this will eat up all of his liquidity, which means he won't have the money to pay the interest on his loans, which means that he won't be able to borrow more money (because he doesn't have the assets to borrow against).
This house of cards will collapse.
Except 1 consideration.
Someone with deep pockets can make all of this go away.
Now who would that be?
A Russian Oligarch?
A Saudi prince?
A Chinese Government entity?
Do we want the potential next president in debt to these types of people?
#41 | Posted by truthhurts at 2024-02-25 07:18 PM | Reply
Otherwise that would be a NICE zero interest loan!
#42 | Posted by truthhurts at 2024-02-25 07:20 PM | Reply
Commercial RE is crashing hard and is going to take down all but the few big bailout-qualified banks. LOL.
Trump is going to win and all the convoluted lawyer logic they can conjure up won't change that.. LMAO.
#43 | Posted by libs_of_dr at 2024-02-25 07:24 PM | Reply
Maybe but who will be in debt to? Putin? Saudi Princes? China?
#44 | Posted by truthhurts at 2024-02-25 07:27 PM | Reply
@#41 ... This house of cards will collapse.
Do we want the potential next president in debt to these types of people? ...
Apologies for the long quote back, but I wanted to retain the context.
I posted this comment a while ago (many months?)...
... From what I've heard over the years... In the late 1990's, early 2000's, it seemed that citizen Trump had blown through his final inheritance. In spite of that, he apparently came up with 100's of millions of $$$ from somewhere (or someone?) to build golf courses in Scotland and buy another one. It was reported that he ultimately spent 100's of millions of dollars on those golf courses. But where did all that money come from? ...
In the late 1990's, early 2000's, it seemed that citizen Trump had blown through his final inheritance. In spite of that, he apparently came up with 100's of millions of $$$ from somewhere (or someone?) to build golf courses in Scotland and buy another one.
It was reported that he ultimately spent 100's of millions of dollars on those golf courses.
But where did all that money come from? ...
#45 | Posted by LampLighter at 2024-02-25 07:32 PM | Reply
#43 | POSTED BY LIBS_OF_DR
A whole bunch of wishcasting on your part doesn't mitigate your willful ignorance.
Swallow it.
#46 | Posted by rstybeach11 at 2024-02-25 07:32 PM | Reply
Trump is going to win
43 | POSTED BY HUMANIMAL
-------, the demented orange pedo knows he's going to lose again and is already blaming it on a rigged election.
#47 | Posted by reinheitsgebot at 2024-02-25 07:35 PM | Reply
@#43 ... Commercial RE is crashing hard and is going to take down all but the few big bailout-qualified banks. ...
So, that seems to run against your prior comments, that no one was hurt by Trump Inc draining a bank's reserves?
Do you realize that aspect of your comment?
#48 | Posted by LampLighter at 2024-02-25 07:38 PM | Reply
@#46 ... A whole bunch of wishcasting on your part doesn't mitigate your willful ignorance. ...
"There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that my ignorance is just as good as your knowledge." - Isaac Asimov
#49 | Posted by LampLighter at 2024-02-25 07:42 PM | Reply | Newsworthy 2
Q: What's Putin's bitch giving up for Lent?
A: His assets.
#50 | Posted by reinheitsgebot at 2024-02-25 07:42 PM | Reply | Funny: 2
A case could be made for Trump's lenders being complicit. Cheating all those honest land speculators.
#51 | Posted by libs_of_dr at 2024-02-25 07:49 PM | Reply
#48 | Posted by LampLighter
https://www.ft.com content 4114454c-a924-4929-85f4-5360b2b871c6 Bad property debt exceeds reserves at largest US banks Trump paid his loan.
If the bank makes a loan, then this is counted as an asset.
CRE is crashing because of defaults, not serviced loans.
#52 | Posted by libs_of_dr at 2024-02-25 07:57 PM | Reply
The NY Attorney General represents all people in New York, and they've apparently decided they don't want corrupt -------- doing business in their state. No bank needs to complain for this to be legit.
#53 | Posted by JOE at 2024-02-25 08:00 PM | Reply | Funny: 1
Trump Inc draining a bank's reserves? #48 | Posted by LampLighter
in response to the global COVID-19 pandemic, "the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions."1
there are no reserves! nothing to 'drain'!
#54 | Posted by libs_of_dr at 2024-02-25 08:01 PM | Reply | Newsworthy 1
@#52 ... Trump paid his loan. ...
You seem to be ignoring my comments.
Did Trump Inc, in fraudulently applying for that loan, deprive others in NY State of money for loans?
Whether or not Trump Inc repaid the loan is irrelevant.
What is relevant is the fraud Trump Inc perpetrating in the application for the loan.
Let me frame that in a different manner... Are you in favor of entities committing fraud when they apply for a loan from a bank?
#55 | Posted by LampLighter at 2024-02-25 08:03 PM | Reply
#53 | Posted by JOE heaven forbid...
#56 | Posted by libs_of_dr at 2024-02-25 08:04 PM | Reply
My point is that no one was deprived of a loan, because banks can literally loan out all they want, because reserve requirements are ZERO.
#57 | Posted by libs_of_dr at 2024-02-25 08:06 PM | Reply
Banks use GOOD loans, like Trump's, as their ASSET.
#58 | Posted by libs_of_dr at 2024-02-25 08:08 PM | Reply
@#54 ... in response to the global COVID-19 pandemic, "the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions."1
there are no reserves! nothing to 'drain'! ...
So, your response seems to quote bank reserves in 2020.
And... may I ask, what is the timeframe of the fraud that Trump Inc was judged to have committed in the loan applications?
Was it 2020?
Judge rules Donald Trump owes over $350M in New York civil fraud trial, issues business ban abc7ny.com
... New York Attorney General Letitia James sued Trump and his children in September 2022 for issuing fraudulent financial statements -- including over 200 false and misleading asset values between 2011 and 2021 -- to get better business deals. ...
Whoa... 2011, that seems to be a significant time before the 2020 Federal Reserve action you posit.
#59 | Posted by LampLighter at 2024-02-25 08:16 PM | Reply
@#58 ... Banks use GOOD loans, like Trump's, as their ASSET. ...
The issue is not whether or not the loan has been repaid, the issue is was fraud used to obtain a lower interest rate on that loan?
#60 | Posted by LampLighter at 2024-02-25 08:18 PM | Reply
"There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that my ignorance is just as good as your knowledge." - Isaac Asimov #49 | POSTED BY LAMPLIGHTER
"One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We're no longer interested in finding out the truth. The bamboozle has captured us. It's simply too painful to acknowledge, even to ourselves, that we've been taken. Once you give a charlatan power over you, you almost never get it back."
-- Carl Sagan (2011). "Demon-Haunted World: Science as a Candle in the Dark", p.314, Ballantine Books
#61 | Posted by rstybeach11 at 2024-02-25 08:20 PM | Reply | Newsworthy 2
@#57 ... My point is that no one was deprived of a loan, because banks can literally loan out all they want, because reserve requirements are ZERO. ..
Yeah, your current alias looks to be trying to use a COVID-era concept to rationalize a pre-COVID-era occurrence.
I'm not buying what your current alias is selling. Do come up with a better sales pitch.
(am I the only one here who thinks this new alias sounds quite a lot like the old JeffJ alias? Jus' askin'....)
#62 | Posted by LampLighter at 2024-02-25 08:22 PM | Reply
@#61 .. -- Carl Sagan (2011) ...
Dr Sagan was awesome in cutting through the BS.
Thx for that quote.
#63 | Posted by LampLighter at 2024-02-25 08:24 PM | Reply
MAO of DR... lmao.
#64 | Posted by Corky at 2024-02-25 08:25 PM | Reply
>killed New York to stop Trump >didn't stop Trump
#65 | Posted by libs_of_dr at 2024-02-25 09:22 PM | Reply
Even before the COVID-era occurrence, the loan was considered an asset, so allowed more lending not less.
#66 | Posted by libs_of_dr at 2024-02-25 09:24 PM | Reply
including over 200 false and misleading asset values between 2011 and 2021 -- to get better business deals. ...
so the clock ran out on some of that already. This case is political and we all know it.
#67 | Posted by libs_of_dr at 2024-02-25 09:28 PM | Reply
@#66 ... the loan was considered an asset, so allowed more lending not less. ...
So, you think the banking system should base its assets upon fraud?
#68 | Posted by LampLighter at 2024-02-25 09:31 PM | Reply
@#67 ... so the clock ran out on some of that already. ...
That is now what you seem to be basing your argument upon now?
No longer, fraud is OK because the banks profited? But that an unsubstantiated comment about some clock that ran out?
... This case is political and we all know it. ...
I do not know that.
So, please explain....
#69 | Posted by LampLighter at 2024-02-25 09:35 PM | Reply
you think the banking system should base its assets upon fraud?
Given that fraud is another word for crime, I'd say no.
#70 | Posted by REDIAL at 2024-02-25 09:35 PM | Reply
@#64 ... lmao ...
I do admit, the "arguments" proffered by that current alias are humorous, at best.
It seems to be totally unable to back up the arguments it presents.
Oh well...
#71 | Posted by LampLighter at 2024-02-25 09:37 PM | Reply
&nbs
@#70 ... Given that fraud is another word for crime, I'd say no. ...
Yeah.
That is the curious aspect of this discussion for me.
Why go to such extents to try to rationalize a crime?
#72 | Posted by lamplighter at 2024-02-25 10:02 PM | Reply
Don Peebles a big time Obama official and supporter recently had a long op ed on why he believes this NY state and AG attack on Trump is bad news for Dems and New York. Look it up if interested. Don Peebles NY Trump.
Democrats are known to over charge, over control and over react while they frivolously take our freedoms.
#73 | Posted by Robson at 2024-02-25 11:07 PM | Reply
@#73 ... Look it up if interested. ...
Your current alias made the assertion, it should provide the link.
... Democrats are known to over charge ...
"known" ?
How so?
#74 | Posted by LampLighter at 2024-02-25 11:18 PM | Reply
And, if I may add to this discussion, the Robson current alias seems to be a whole lot more participative that it had been in the past.
While I do (and have always) viewed discussions as A Good Thing, I do wonder, why the the apparent current change in behavior for the Robson alias?
What prior alias might have been abandoned to resurrect the Robson alias?
:)
#75 | Posted by LampLighter at 2024-02-25 11:23 PM | Reply
Why go to such extents to try to rationalize a crime? #72 | POSTED BY LAMPLIGHTER
Come on. You know why. It's nothing more than political bias. There's no other reason why someone would be an apologist for white collar crime, unless of course that person was white collar. My guess the currently acknowledged alias is not.
But that's also an educated guess, considering... (LOL)
#76 | Posted by rstybeach11 at 2024-02-25 11:28 PM | Reply
The original Robson used to post 2,000-word manifestos of big word nonsense on a regular basis.
#77 | Posted by REDIAL at 2024-02-25 11:35 PM | Reply
Robson is a big time Russian stooges and pedophile.
#78 | Posted by LegallyYourDead at 2024-02-26 01:56 AM | Reply
@#76 ... Come on. You know why. It's nothing more than political bias. ...
I know that, and you know that.
But does the alias behind #65 #66 and #67 know that?
My guess would be that it dos, and it's purpose here is to disrupt, not to contribute.
Dire Straits - Why Worry (1985) www.youtube.com
fwiw, that's the extended version of the song.
#79 | Posted by LampLighter at 2024-02-26 02:13 AM | Reply
Robson and Claudio are one and the same person.
#80 | Posted by Twinpac at 2024-02-26 06:28 AM | Reply
-------.
State and local governments were damaged with underpaid taxes. Honest taxpayers were forced to make up the shortfall.
Investors in the banks were damaged by lower returns because of fraud.
Nowhere in the definition of fraud does it say someone has to be harmed...
fraud /frd/ noun noun: fraud; plural noun: frauds
wrongful or criminal deception intended to result in financial or personal gain. "he was convicted of fraud"
#81 | Posted by Nixon at 2024-02-26 08:19 AM | Reply
#80 | Posted by Twinpac at 2024-02-26 06:28 AM | Reply |
They're at least working at the same russian troll farm in siberia.
#82 | Posted by Nixon at 2024-02-26 08:19 AM | Reply
Dementia don committed the fraud for personal profit.
That is the definition of fraud.
If he profited off of it then conversely someone had to lose from it.
He fraudulently inflated the value of his assets to obtain lower interest rates from the banks who made less profit off of his fraud.
#83 | Posted by Nixon at 2024-02-26 08:25 AM | Reply
#26 | POSTED BY LIBS_OF_DR
The interest rates would have been much higher based on the higher risk involved in lending money to somehow with far fewer collateral assets. So he would have to pay more to the bank based upon a higher risk. That's damages.
He may not have been approved for some loans. The bank took risks it might not otherwise have taken. That's damages.
If I try to murder my neighbor and miss my shot, I'm still guilty of a crime.
#84 | Posted by Sycophant at 2024-02-26 11:32 AM | Reply
"So the clock ran out on some of that already."
No, there is no statute of limitations for fraud, which is either 20% or 25% away from the truth, I forget which.
Obviously, Trump's 300% of value qualifies.
#85 | Posted by Danforth at 2024-02-26 01:12 PM | Reply
"Because no one was damaged."
Does brain damage count? You are obviously a victim of that.
#86 | Posted by donnerboy at 2024-02-26 01:34 PM | Reply
No wonder Trumpers are such losers.
They support a guy who's been an increasingly bigger loser every election cycle but think he won't be this time.
#87 | Posted by jpw at 2024-02-26 02:20 PM | Reply
As I posted on another thread some time ago, trump has no intention of EVER paying any judgment against him. He will appeal every aspect of these cases to the Supreme Court, over and over until the people involved (and possibly he himself) are dead.
#88 | Posted by e1g1 at 2024-02-26 02:48 PM | Reply
The usual suspects' deflections and tortured logic...wow, really amazing you all have read the same crap coming from Trump and his sons, thinking it must be, HAS to be fact.
#89 | Posted by e1g1 at 2024-02-26 02:50 PM | Reply
trump has no intention of EVER paying any judgment against him
Certainly not with his own money.
#90 | Posted by REDIAL at 2024-02-26 03:07 PM | Reply
No he isn't. Trump hasn't won anything since 2016, and that includes just about every court case. The Orange Russian clown is going down.
Losing is his talent in life.
#91 | Posted by a_monson at 2024-02-26 04:09 PM | Reply
#91 | POSTED BY A_MONSON
He won with the vaccine. Just sayin'.
#92 | Posted by rstybeach11 at 2024-02-26 04:22 PM | Reply
He won with the vaccine.
The dangerous, untested vaccine that didn't even work against the Chinese bio-weapon that was all a hoax?
#93 | Posted by REDIAL at 2024-02-26 04:52 PM | Reply
#93 | POSTED BY REDIAL
That very one.
#94 | Posted by rstybeach11 at 2024-02-26 05:24 PM | Reply
It's pretty obvious by now he can't even afford the bond without liquidating some or most of his properties, so he will try to make the appeals process last up to the election. I give the judges 1 month b4 they start to tighten the screws on the ignoble ----- gibbon...
#95 | Posted by earthmuse at 2024-02-26 06:43 PM | Reply
#95 | Posted by earthmuse
30 days from when NY AG James started the clock (a couple of days ago) the state can begin padlocking/seizing Trump properties to satisfy the judgement.
#96 | Posted by AMERICANUNITY at 2024-02-26 08:33 PM | Reply
Good!
#97 | Posted by earthmuse at 2024-02-26 09:13 PM | Reply
AU
Looking at my notes, the 30-days to post bond to appeal in the fraud case started on 2/23 but the compounded daily interest started on 2/16 when the clerk recorded the judgement.
A petition to grant an additional 30 days for both the fraud case and the E. Jean Carroll case were denied by Judge Engoron and Judge Kaplan respectively.
As far as I know, Trump's properties are still collateral for the outstanding mortgages. Even if the court approved a sale of one or two properties, the money, after satisfying the mortgages, would go into the State's escrow account or, also likely, the State tax collector's kitty. NOT to pay the bonds.
Trump is in a box. As another poster commented, Trump has no intention of paying these judgments. At least not out of his own pocket. My guess is that he's busy promising enormous favors (when he gets elected) to anybody willing to front the money.
Trump only has one thing to offer (sell?) and that's cabinet positions.
#98 | Posted by Twinpac at 2024-02-27 04:05 AM | Reply | Newsworthy 1
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