from the Washington Post
https://www.washingtonpost.com/polit...d-is-struggle/
Apparently Trummp was quoted prior as
"he had $400M in cash" during all those trials. Fast forward-
Now his lawyers say merely the bond is a struggle??
-WOW, - How do you go from thick in scratch with 400 xtra, extra large to not being able to pull enough for even the Full BOND amount?
Lets assume that the a bond agent will ask for a 3% premium to give a bond to Donald- (and that would be if there was one who could literally insure that amount to be available upon default)
It would mean Donnie J., would need to find 13.5 Million or so in premium to cover his more than 450 million.
Plus add on another 90 Million to see the E Jean verdict appeal and you are looking at another 2.7 million in bond costs.
Total bond premium 16.2 million just to have another court hear you whine and cry about being a liar, and rapist.
I would have to agree with tommy here; Trump already came up with 5 million in cash on the first E Jean case; and now we fast forward to 2 more verdicts- (Per his attorneys' plea:
"MR Trump cannot get the 16 plus million to get a bond, but could come up with enough to get a 100 Million bond",
(Essentially that means Trump can come up with another 3 million over the current 5 million in cash bond.)
And that tells you A LOT.
The supposed Billionare, is flush with about 8 million in money before he starts to bleed out in real-estate. Not the 400 million he claimed to have. Not even close by a mile. Or he's lying ....AGAIN.
Surprisingly - I'd be tempted to accept his 100 million in bonds for Tish James, with collateral of real-estate, and go forward, and E Jean could get another bond of 90 million etc.
Remember, all civil trials are limited to collection after a long road of pursuit of debts. The one thing that Trump is familiar with is bankruptcy and while it wouldn't clear him up entirely based on the fact that this was fraud and that's not dismissible, it would likely get him out of some of his MOUNTAIN of fines to the state and E Jean. the old one in the hand is worth two in the bush.
I think they thought long and hard on what would be the amount of money that would be just enough to really hurt him, without breaking him.
Is Donnie shitting water yet, or do you think he's still eating well done steaks and filling up his diaper?