Trump faces a $370m fine in New York fraud trial. How would he pay it?
Trump faces a $370m fine in New York fraud trial. How would he pay it?
Judge Arthur Engoron is expected to rule in Trump's civil fraud trial. The fine could be steep.
Trump could secure a bond, but it will cost him
So if Mr Trump owed $370m in disgorgement, he might have to pay a bond company $37m (£29m) to issue the bond. And he will not get that fee back.
Trump could sell assets to raise enough cash
"Something is going to have to be sold or realised in order to get the money to pay for that kind of cost," said William Thomas, a professor at the University of Michigan Ross School of Business.
Trump could ask his loyal supporters for the money
Mr Trump may also turn to the massive fundraising engine he uses to pay his tens of millions in legal fees. According to the New York Times, 10% of every dollar that is raised from his supporters goes to pay for his defence in his civil and criminal trials.
You're viewing a single thread.
Well, there’s always installing your daughter-in-law into the RNC.
"Personal slush fund": Lara Trump vows "every single penny" at RNC will go to help Trump
That may not help as much as he'd hopes. In October (the last filing available) the RNC only had $8m on hand. That is the lowest it's had since 2015 and is less than half of what it had at this point is 2016 ($20m) and just over an eighth of what it had in 2020 ($61m).
And in 2020 they got bailed out by a billionaire cuz they came into peak punditry season completely, embarrassingly fucking broke.
That honestly seems possible to happen again