Donald Trump

[Trevor Morley's Tache]

I hate Trump and strongly support the moves to preserve US democracy. However, a little guiltily, I find Habba very attractive.

Nope.

She is vile. Everything about her oozes fake. That isn't an endearing quality in another human being.

 

[Trevor Morley's Tache]

Compared to his net worth she grabbed him by his sofa change… unfortunately.

With the Rudy verdict last year being a large chunk of His net worth I’d have expected this to be similar.

Sofa change?

Trump's wealth is vastly overstated.

 

[Gorton_Tubster]

Democracy is seriously in danger when a rapist can be a popular president.

 

[bluethrunthru]

what a fucking idiot

 

[grunge]

Sofa change?

Trump's wealth is vastly overstated.

Depending on what you see reported $2.6-3.1bn. Even if it’s half that, 80m is pocket change.

 

[Trevor Morley's Tache]

Depending on what you see $2.6-3.1bn. Even if it’s half that, 80m is pocket change.

That's not cash though. He would need liquidate assest to realise cash.

His assets ON PAPER have a value which may not necessarily match market value, depending on whether he's claiming value for insurance purposes, or value for the purpose of loans against the property. Basically, financial impropriety that would land you or I in serious trouble.

 

[SkyBlueFlux]

Depending on what you see reported $2.6-3.1bn. Even if it’s half that, 80m is pocket change.

Well we're about to find out how much of this supposed fortune is held in accurately valued, easily liquidated assets because Engoron should be delivering his verdict imminently which could add something in the region of $250-350m on top of the $80m he owes to Carroll.

So that's up to $430m he's going to have to pony up. And if he wants to appeal, he has to place 111% of verdict value into escrow. Yes, that means if he wants to appeal then he will probably need to find half a billion dollars... pretty much immediately. And he can't squirrel things to offshore funds as he's now under the close inspection of a court monitor.

There is no way he can access that money through legitimate means. The clock is ticking on the next Trump bankruptcy.

 

[gordondaviesmoustache]

So that's up to $430m he's going to have to pony up. And if he wants to appeal, he has to place 111% of verdict value into escrow. Yes, that means if he wants to appeal then he will probably need to find half a billion dollars... pretty much immediately. And he can't squirrel things to offshore funds as he's now under the close inspection of a court monitor.

I wonder what the rationale is behind 111%? Seems a curious number.

 

[Gareth Barry Conlon]

That's not cash though. He would need liquidate assest to realise cash.

His assets ON PAPER have a value which may not necessarily match market value, depending on whether he's claiming value for insurance purposes, or value for the purpose of loans against the property. Basically, financial impropriety that would land you or I in serious trouble.

Agree. Its a sizable chunk to pay up. His finances are very murky. He was worth a few hundred million a few years back and in a lot of debt.

Since 2016 he's been milking the base and its hard to see how much he's made and where that money is.

 

[grunge]

That's not cash though. He would need liquidate assest to realise cash.

His assets ON PAPER have a value which may not necessarily match market value, depending on whether he's claiming value for insurance purposes, or value for the purpose of loans against the property. Basically, financial impropriety that would land you or I in serious trouble.

Well yeah. Assets are part of net worth and should be considered in punitive fines. If he has to sell real estate/businesses so be it.

If that then shows up more shit then so be it again.

Edit. And if he over estimates his net worth?? Tough.