Trump Might Be Too Broke for a $175 Million Bond, Too
Trump Might Be Too Broke for a $175 Million Bond, Too
And that would be doubly embarrassing for him.
A New York appeals court on Monday reduced the $454 million that former President Donald Trump was required to put up while he appeals his civil fraud case. Now Trump must put up, by April 4, a mere $175 million. The trouble is, he may not get a bond for that amount, either. Should that happen, this act of judicial mercy will end up feeling to Trump like a curse.
The stay deprives Trump of the only argument on which he was gaining any traction at all—that the amount the court required him to put up was excessively high. Four hundred and fifty-four million was indeed an unusually large judgment against a private corporation or individual. (The distinction between Trump and the Trump Organization is paper-thin.) Monday’s appeals court decision doesn’t reduce that judgment, as New York State Attorney General Letitia James pointed out in a written statement. But it does dramatically reduce the amount Trump needs to turn over to the state while he pursues his appeal. It also gives us some hint that the appeals court may reduce Judge Arthur Engoron’s $454 million judgment to, well, $175 million.
I’m just completely flummoxed as to how judges keep playing right into Trump’s hand on shit like this and then expect the rest of the general public to treat them - and by extension, the entire court system - seriously.
Like, he’s got an obvious, provable, and systematic tendency to straight up not pay for shit, and it’s documented as a matter of public and legal record. It’s not a mystery. It’s not ambiguous. It’s not justifiable beyond “he doesn’t like giving money to people that are not himself”. It’s an unavoidably clear pattern and practice.
something something leopards eating faces
I’m glad he’s probably gonna get fucked on the appeal bond, but jesus tapdancing christ the amount of categorically unjustifiable lifelines he has repeatedly gotten handed to him by the courts is simply indefensible.
He won't be fucked on the appeal bond, they will lower it and give him 30 more days. Laws are for poor people to obey.
Republicans are good about showing up to every election and vote all the way down the ballot, which helps them pack the courts. They can then do things like this to give their party a better chance at winning an election.
I don't think the judges even expect us to treat them seriously. At this point they're so far above us they don't even care anymore. Trump already put them in there. Short of dying, they aren't going anywhere.
Please explain the 🐆 part
That would be the absolute best outcome, because he cannot claim that he's been treated unfairly. The entire
justicelegal system has bent over backwards to be accommodating. In a rational world, with reasonable people, it would matter.They will just lower the amount again
Oh shucks, how did this bar get all the way up there?
Layaway Don
That would be the absolute best outcome, because he cannot claim that he’s been treated unfairly.
You mean the thing he has baselessly claimed for the last 10 fucking years?
because he cannot claim that he’s been treated unfairly
lol watch him
Same
He's gonna talk his way down to where he ends up paying Jack shit and gets away with this shit once again
This is a bond for the appeal. The court could decide to make it $0.00 but he still owes the full amount if he loses the appeal.
And even if he paid the full 454mil to appeal, he still gets it back if he wins.
if he loses the appeal.
By the time that happens, he might be in the Oval Office again. That means he can just sell a few more state secrets to the Saudis, or straight up just not pay, cause some constitutional crisis and a civil war.
He prefers that to paying.
I don't want him to have extra time to hide assets, which he will do. I am also appalled at the double standards of justice, now on display with a giant searchlight pointed towards them.
Well that he gets it back if he wins is part of the grounds for the appeal.
If you force someone to liquidate and then he is found not guilty, the harm this has caused can/will outweigh the potential punishment many times over.
So see that separate from the case and the person, that cannot be right.
Don't get me wrong, I feel no sympathy at all for defendant trump, but in general the punishment should be the punishment.
The only semi good thing we have is that he's old. He's clearly losing his shit, and broke. It won't be long before he's either six feet under from a McHeartattack or laying in a bed not able to recognize his own family. I hope it's long and painful.
Then the court will lower it again for him.
I think once they've done it the first time this outcome is pretty much inevitable. The sad thing is that they only have to do it once before it becomes expected of them by Trump's party. To them it's vindication that the system is just out to get them when they say, "We could have charged you what you actually owe but we can also lower it for no reason instead of throwing you in jail"
Don't get your hopes up. This guy wriggles through everything. He knows who to buy.
Great, sound like it won't hurt to raise it back to the $454 mil it should be at.
But he's rich, worth billions, and he's the perfect kind of criminal to bond why would he have issues?
If life has taught Trump anything, it's that he never has to pay.
One day I hope to be as broke as Donald Trump; where nearly 200 million dollars “might” be unobtainable.
We're all very much hoping so.
Guess we gotta shop around for another judge to lower it further.
His net worth just hit $6B due to the pump & dump scheme that is Truth Social.
None of that is liquid though. He's locked into the holdings for six months while the stock freefalls from the IPO. If the majority stockholder is going to be selling shares during the initial offering you bet your panties that has to be disclosed.
He’s gonna have the money even if he’s cash-poor: https://www.reuters.com/world/us/billionaires-sought-help-fund-trump-bond-civil-fraud-case-sources-say-2024-03-26/
Here’s how I’d see it if I was a billionaire.
You have a chance to throw a few million dollars of chump change to you to get in good with who might be the first fascist dictator of the United States. Then that man owes you a favour, or at least you are on his good side. Seems like a no brainer.
Then that man owes you a favour, or at least you are on his good side.
Trump often doesn't abide by anything. Doesn't pay contractors for example. Just takes, doesn't give. Loads of lawyers did favours for Trump, loads of those lawyers cannot practice anymore. It doesn't sound like a good idea to me to hope that Trump might return a favour.
Relatable
^
"Let's do whatever we can, to stop this man from becoming President." Sincerely, Democrats.
Are we accusing the Democrats of forcing him to commit fraud or…?
91 Felonies isn't enough for you? Be honest, you'd love it if he grabbed you by the pussy wouldn't you? How about your daughter? Wife? Oh geez, what am I thinking, you'd be on your knees with his cheeto mushroom in your mouth while he did it begging for more.
Fucking clowns you all are. Magats.
Um, duh? I don't like Biden either but nothing the Republicans are offering (or have offered in 50 years) is good for real people. I wouldn't want Trump as a neighbor, coworker, or wasting oxygen on any planet humans live on, let alone wanting it in charge of anything.