Donald Trump

[super_city_si]

And Trump has said he has over $400 million in cash reserves numerous times in depositions.

Good on the judge for calling his bluff. He can hardly claim it was an egregious sum that is unattainable if he said he already has it.

 

[SebastianBlue]

Good on the judge for calling his bluff. He can hardly claim it was an egregious sum that is unattainable if he said he already has it.

Now we’ll see if the appeals court holds strong.

 

[FogBlueInSanFran]

I would never live in Florida…

I've been to 47 states.

It's near the bottom on my list of favo(u)rites too.

 

[SebastianBlue]

I've been to 47 states.

It's near the bottom on my list of favo(u)rites too.

Only managed 29 (and it will likely stay at that), and those were mostly the ones with national parks and football clubs. I’ve been to Florida once for a conference in Orlando about 8 years ago and hated nearly every second of it, vowing never to go back.

To me, it makes perfect sense that Trump has claimed it as his new home.

 

[mosssideblue]

Now we’ll see if the appeals court holds strong.

For me being this threads resident know nowt, what does that mean exactly (and simply) :)

 

[SebastianBlue]

For me being this threads resident know nowt, what does that mean exactly (and simply) :)

Per CNN:

Potential underwriters are seeking cash to back the bond, not properties, according to Trump’s lawyers.

Trump’s lawyers have asked the appeals court to delay posting the bond until his appeal of the case is over, arguing that the value of Trump’s properties far exceed the judgment. If the appeals court rules against him, Trump asked the court to delay his posting the bond until his appeal to New York’s highest court is heard.

Essentially, he has to be able to post bond for $557 million (120% of judgment) to be able to appeal the NY state business fraud verdict and punishment and his lawyers are trying to get the appeals court to stay the requirement to post bond altogether in order to appeal the verdict because:

A) The trial showed Trump has massively overvalued his properties so no insurer or bond company is willing to accept them as collateral for bond guarantee. They want a certification of sufficient cash-on-hand to post the full required bond.

B) He has lied numerous times, several under oath, about having more than $400 million in cash reserves, as he cannot certify sufficient cash-on-hand (because he is actually broke).

C) His lawyers are hoping his inability to secure the full bond for appeal will sway the appeals court to suspend the requirement of posting bond or even payment of the $464+ million judgement (growing by more than $100k every day) until after the appeal has run its course.

 

[Luddite_Blue]

I've been to 47 states.

It's near the bottom on my list of favo(u)rites too.

 

[mosssideblue]

Per CNN:

Potential underwriters are seeking cash to back the bond, not properties, according to Trump’s lawyers.

Trump’s lawyers have asked the appeals court to delay posting the bond until his appeal of the case is over, arguing that the value of Trump’s properties far exceed the judgment. If the appeals court rules against him, Trump asked the court to delay his posting the bond until his appeal to New York’s highest court is heard.

Essentially, he has to be able to post bond for $557 million (120% of judgment) to be able to appeal the NY state business fraud verdict and punishment and his lawyers are trying to get the appeals court to stay the requirement to post bond altogether in order to appeal the verdict because:

A) The trial showed Trump has massively overvalued his properties so no insurer or bond company is willing to accept them as collateral for bond guarantee. They want a certification of sufficient cash-on-hand to post the full required bond.

B) He has lied numerous times, several under oath, about having more than $400 million in cash reserves, as he cannot certify sufficient cash-on-hand (because he is actually broke).

C) His lawyers are hoping his inability to secure the full bond for appeal will sway the appeals court to suspend the requirement of posting bond or even payment of the $464+ million judgement (growing by more than $100k every day) until after the appeal has run its course.

Thanks. Is Trump likely to succeed in delaying bond payment?

 

[SebastianBlue]

Thanks. Is Trump likely to succeed in delaying bond payment?

Hard to say.

I would lean no, at least not fully. But the appeals courts (even liberal-leaning ones) have been mixed in their handling of his various appeals.

 

[law74]

We need:
Trump to lose the election.
Then a very long jail sentence for trying to overturn the election results last
time.
His death in gaol.
That would make Marjory Taylor Green and her ilk think again as they are essentially cowards.
It’s not much to ask, surely.

You do of course realise that if he was to pass away in jail, his "disciples" will expect a press conference from him three days later