It really comes as no surprise that the dotard is having to admit to his New York appellate court that he can’t find even a single bond company to stand for the nearly 1/2 billion dollars in judgements and interest he needs to post in order to continue his appeal, after all the judgement was levied BECAUSE drumpf lied repeatedly as to the worth of his properties, and few bond companies are willing to risk cash money on ever fluctuating real estate values.

But one would think folks on the internet would show the orange Ogre a little sympathy.

Heh.

Medias Touch

“Donald Trump’s attorneys are now pleading with the New York Appellate Court to stay enforcement of the $355 million judgment (now over $450 million due to interest) issued by a New York trial court in Trump’s civil fraud trial. In a new filing with the appellate court, Trump’s team said that it has become a “practical impossibility” for Trump to post the bond needed to appeal the decision. In addition, Trump’s team is asserting that there are no bond companies that are willing to take real estate as collateral for a judgment of this magnitude.

Despite Trump claiming that he was extremely liquid and able to satisfy any outstanding judgment, actually doing so has become increasingly difficult for Trump.“

Sad.


😂


🤣🤣🤣


“The bailiff will show you to your cell.”


Yup.


🤣🤣🤣


👍


🤣🤣🤣


Yup


🤣🤣🤣

It will be interesting to see what the courts response to this will be.

Will we finally see some real consequences for the dotard?

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5 COMMENTS

  1. Unable to post the bond there mango man? Not to worry: assets can be sold. Wasn’t sure if you knew that given your biz practices, and the folks prosecuting are more than happy to do the selling for you. Easy peasy dingleberry!

    17
    • I heard that too. We heard it because he said it.

      Do you think, perhaps, he lied? And to a court?

      Isn’t lying to a court called perjury, an indictable offense?

      That would be yes, yes, and yes.

      But I won’t hold my breath waiting for the courts to do anything about it – just add the lie to the list of more than 35,000 other ones., and let him keep campaigning.

  2. I can’t help but think of the old & familiar saying to put up or shut up. Trump’s living it in reverse. He wouldn’t STFU and now he’s got to put up! Here’s the part I hope will get a LOT of attention. His properties, which Michael Cohen has said and at least some of the evidence that caused him to lose in court suggests have liens against them. OF COURSE bond agents will take real estate as collateral. Even for the amount we’re talking about. However, if that property or properties has been used as collateral for other loans then no way.

    Let’s say that as once was the case I owned a house (it was a townhouse) and it quickly appreciated in value. Within a few years it was worth 40k more than my mortgage. (I’d wind up selling it eventually for almost 65k more than I owed on it. And it didn’t take long to find a buyer either even though the market had cooled somewhat) Then let’s say I’d been accused of some crime, or someone I cared about was accused and to get bail I’d have to put up say 20K cash or bond. With only the mortgage against the house and a quick check showing 40k equity I’d have had no trouble getting someone to post bond. If I had a spare 2k any court would have taken that along with my house as collateral. Or, as I said a bond agent would jump at it. They’d make a nice sum if I (or the person I helped) showed up for trial. And they’d make out like a bandit if not!

    However, let’s say that with all that equity I’d decided to take out a home equity loan or line of credit for up to say 35k. Maybe I bought new appliances or made some improvements to the house. A new roof perhaps (although that had been done by the prior owner just before I moved in) or blew 10k on golf vacations to places I’d always dreamed of seeing and playing. Or both. THAT would change things and neither the court or a bond agent would accept my home as collateral. Because of the “lien” against it in addition to the mortgage.

    I’d be surprised if there was a single Trump property that isn’t leveraged with liens against it. Perhaps for most of the market value. And believe me even a shady bond agent, perhaps especially a shady one would demand to see ALL the records. So would the court and if Trump signed an affidavit with the court and lied about any outstanding liens/encumbrances under “the pain and penalty of perjury” his fat ass would be cooked!

    He’s whining because the Trump Org has been in receivership with a financial monitor (a second, separate one has been added) and you can bet the farm if they don’t have the particulars of any property(s) Trump wants the court to accept as collateral they will get it in a hurry. However that’s not the best part.

    In order to get the court to accept any of his properties as collateral, he’ll have to make a court filing. That means it will be public record! Can you imagine how humiliating it would be for him to have the public learn his beloved Trump Tower and Mar A Lago, his “signature” properties (in the case of Trump Tower literally since his name is plastered on it) is leveraged to the hilt? Or overseas in the UK those golf properties he’s so proud of which also have his name on them now are? He tried sooooooo hard to impress the aristocracy over there. However, even the handful of assholes in the UK are kindred spirits (there are some) would turn up their noses if they learned the truth, or at least couldn’t pretend they don’t know anymore!

    It’s easy to see why he’s freaking out so much.

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