How to raise $454 Million...
Like him or not, Micheal Cohen brought up some interesting discussion about how Trump could raise money to post bond for the New York civil fraud trial. Trump had claimed to have the cash. He doesn't or he would have posted bond and stop the accruing interest.If he liquidates properties, it won't be soon and he will have to pay taxes on the long-term capital gains, as high as 40% and pay off mortgages too.
Chubb already fronted money for the defamation case against E. Jean Carroll. What corporation or billionaire will front him money knowing there's a chance it won't be repaid?
There's always a suspicion he will back channel money from a foreign government... Saudi or Russian. That would put him in a compromising position of favoritism should he make it to the White House. Other suspicions are he's holding on to some of the classified documents that could be a negotiating tool. Cohen states our national security is at risk.
As he says... it's No Joke.
Comments (71)
If you really think it is both then why are so many companies clamouring to have a NY address?
Are they also corrupt? absolutely yes[/b]
From your statements, it would appear everyone is corrupt excluding D. Trump, which is hilarious.
Any suggestions?
Let foreign billionaires invest for a Hugh return.
FYI, he has the money but, will not use his money. As always the rapist uses other fools money for his own expenses.
O’Leary never answers that one...
Links:
O’Leary never answers that one...
Links:
May be a foreign language to an American investor, though many ordinary Americans are familiar with seizing assets. Ordinary Americans lose their homes every day..
Not to mention, Trump doesn't actually own much of any of his properties. Quite frankly, most of his "assets" are, for all practical purposes, over-mortgaged with loans due in the next few years.
May be a foreign language to an American investor, though many ordinary Americans are familiar with seizing assets. Ordinary Americans lose their homes every day..
Not to mention, Trump doesn't actually own much of any of his properties. Quite frankly, most of his "assets" are, for all practical purposes, over-mortgaged with loans due in the next few years.
Let's get seizing his assets into perspective: Trump has been found liable for persistent fraud over a 15 year period, during which time he gained wealth that was never legally his. He is unlikely to end up without a roof over his head which is all most Americans citizens, or desperate immigrants want, or need.
Of that $454M, approximately $364 is the original sum. The $110M excess is pre- and post judgement interest accrued. Had Trump owned his fraudulent behaviour and not forced a trial, or had he placed the amount in escrow pending appeal (from the $400M he said he had in cash under oath), then he could have avoided a fair bit of that
Of that original carefully calculated approximately $364M, as I understand it, the majority will be a disgorgement order, that is, Trump paying back the money he stole through fraud.
The punitive element of the order (the 'fine') appears to be in the form of sanctions, for example, having his business licence revoked for three years and having to pay for an independent monitor to oversee his business interests.
Vetting, or un-vetting, such an "independent monitor" should extend The Stall for another few weeks. Does anybody still imagine this political catastrophe will be finished by Election day? If T-Rump wins, he says there would be a "blood bath." If he loses, he will have to out-do January 5.
Vetting, or un-vetting, such an "independent monitor" should extend The Stall for another few weeks. Does anybody still imagine this political catastrophe will be finished by Election day? If T-Rump wins, he says there would be a "blood bath." If he loses, he will have to out-do January 5.
trump most likely doesn't need to raise any money.
there's an amendment that can be used for appeal and then some.
the fact that it was a civil suit with twisted people in charge tells me all i need to know. it should never have been allowed in a court room to begin with. corruption protects corruption and the demonrats needed it to happen.
no damages any where except from the use of a very corrupt illegal system claiming to be legal and getting away with it so far.
trump most likely doesn't need to raise any money.
there's an amendment that can be used for appeal and then some.
2) As stated on a few sources, if he actually has the cash he claims, he wants to have others front the money.
3) He can appeal prior to arranging a bond. I heard that yesterday and the source didn't know why he or his attorneys haven't acted on it.
the fact that it was a civil suit with twisted people in charge tells me all i need to know. it should never have been allowed in a court room to begin with. corruption protects corruption and the demonrats needed it to happen.
Please show me any evidence of courtroom corruption
There is none, just as there is no evidence of any wrongdoing in the farcical attempt to discredit Biden and his family.
The reams of actual evidence showing the criminality and fraud used by Trump to get more money than he should are available for you to read.
Again, please show me any evidence of any wrongdoing by Biden.
Trump harmed no one. This case is really not about 45, it is instead sending a message around the worlf for people to invest in new york and you will treated as fairly as 45 was and lose iall investments in new york.
After all, no one got hurt,
You have laws to protect people from conmen specifically in place to get some justice, from the likes of Trump. The fac no one was hurt is irrelevant, he broke the law and should be punished for doing so.
Trump is not above the law no matter how much you and he believe it.
Judge Engoron provided a short list of available candidates for the position, from which Trump chose Barbara Jones. She is a highly esteemed and in demand retired judge.
Judge Engoron also instructed Barbara Jones to contribute a letter towards the end of the trial regarding her position as the independent monitor. She reported that she continued to find business discrepancies.
At the conclusion of the trial, Judge Engoron withdrew his summary judgement order that the Trump Organisation be dissolved, but instead increased Barbara Jones' powers to include dissolution should she deem it necessary. That reduced Team Trump's options for appealing the trial outcome, whilst allowing that the businesses can be dissolved to meet the disgorgement order and other costs owed by Trump.
Judge Engoron provided a short list of available candidates for the position, from which Trump chose Barbara Jones. She is a highly esteemed and in demand retired judge.
Judge Engoron also instructed Barbara Jones to contribute a letter towards the end of the trial regarding her position as the independent monitor. She reported that she continued to find business discrepancies.
At the conclusion of the trial, Judge Engoron withdrew his summary judgement order that the Trump Organisation be dissolved, but instead increased Barbara Jones' powers to include dissolution should she deem it necessary. That reduced Team Trump's options for appealing the trial outcome, whilst allowing that the businesses can be dissolved to meet the disgorgement order and other costs owed by Trump.
2) As stated on a few sources, if he actually has the cash he claims, he wants to have others front the money.
3) He can appeal prior to arranging a bond. I heard that yesterday and the source didn't know why he or his attorneys haven't acted on it.
i don't think there are many million and billionaires that keep such high levels of liquid assets or cash on hand.
be careful about "sources". too many have already proven to be false when it comes to trump. some get rich off of "books" about him though.
i don't think there are many million and billionaires that keep such high levels of liquid assets or cash on hand.
be careful about "sources". too many have already proven to be false when it comes to trump. some get rich off of "books" about him though.
If he lied about that, he may be in contempt of court.
If he has the cash, but has since filed motions that he hasn't, he may be liable for fraud (again).
He has recently claimed he neither has the cash he previously swore he had, nor could he secure the amount through any one of 30 bonding companies via four different brokers.
Judge Engoron has now extended Barbara Jones' powers as the independent monitor of the Trump Organisation in a number of different ways. This includes Trump having to inform her in detail of his applications for bonds and what he offered as surety for each application.
It should be noted that it's usual when corporations are obliged to post bonds of this order of magnitude that multiple companies are involved in a carefully structured way to spread the risk.
and tossing him to the bonfire but his chances of winning the election just went up.
A politically motivated unfair campaign, more dirty than the last.
This will go down in history as a shocking moment of insanity.
Misusing the justice system to the max here. And only for him, Oh yea....
He must be taken down you see, too much at stake.
Probably also means they are not a 100% sure they can take him down by stealing it again as there is no covid distance to be kept on election night this time. Less reason for vote-in too.
So this may be their last chance to stop him.
To the side of hope where sun is shining and love is spreading.
Welcome.
If he lied about that, he may be in contempt of court.
If he has the cash, but has since filed motions that he hasn't, he may be liable for fraud (again).
He has recently claimed he neither has the cash he previously swore he had, nor could he secure the amount through any one of 30 bonding companies via four different brokers.
Judge Engoron has now extended Barbara Jones' powers as the independent monitor of the Trump Organisation in a number of different ways. This includes Trump having to inform her in detail of his applications for bonds and what he offered as surety for each application.
It should be noted that it's usual when corporations are obliged to post bonds of this order of magnitude that multiple companies are involved in a carefully structured way to spread the risk.
"Debt is good in good times, but in bad times it comes back to bite you." The problem is you never know when the good times will end. I have as little personal debt as possible. Though I understand the federal debt is structured quite differently from personal debt, something I don't think most people understand, including Donald Trump, based on his comments here..
Donald Trump: I 'Love' Debt, I'm The 'King' Of Debt
May 11, 2016
Last week, Donald Trump put forward yet another alarming economic idea when, as Business Insider reported, he suggested in an interview with CNBC “that as president he would find ways to renegotiate the public debt and pay less than 100 cents on the dollar if the economy went bad.”
"Debt is good in good times, but in bad times it comes back to bite you." The problem is you never know when the good times will end. I have as little personal debt as possible. Though I understand the federal debt is structured quite differently from personal debt, something I don't think most people understand, including Donald Trump, based on his comments here..
Donald Trump: I 'Love' Debt, I'm The 'King' Of Debt
May 11, 2016
Last week, Donald Trump put forward yet another alarming economic idea when, as Business Insider reported, he suggested in an interview with CNBC “that as president he would find ways to renegotiate the public debt and pay less than 100 cents on the dollar if the economy went bad.”
The risk is what kind of deal is he willing to make to come up with the monies needed...as he stated he has no cash to settle the amount he is ordered to pay...why not sell his properties?...
Not an ideal candidate for any political party...
Although I do not support Pence's politics...I admire his honesty regarding not endorsing Trump...
"Debt is good in good times, but in bad times it comes back to bite you." The problem is you never know when the good times will end. I have as little personal debt as possible. Though I understand the federal debt is structured quite differently from personal debt, something I don't think most people understand, including Donald Trump, based on his comments here..
Donald Trump: I 'Love' Debt, I'm The 'King' Of Debt
May 11, 2016
Last week, Donald Trump put forward yet another alarming economic idea when, as Business Insider reported, he suggested in an interview with CNBC “that as president he would find ways to renegotiate the public debt and pay less than 100 cents on the dollar if the economy went bad.”
It'll be interesting to see what comes out of Trump's reporting of his bond issues to Barbara Jones.
He said he had $400M cash.
He paid $5.3M in cash to be held in escrow to appeal the first E.Jean Carroll case.
He tried to negotiate and then posted $91M bond via Chubb at the 11th hour to appeal the second E. Jean Carroll case. He must have backed that bond with something, possibly cash.
He put $100M cash on the table in the fraud case and tried to negotiate with the courts about the rest. Was that cash the same cash used as surety for the Chubb bond?
Did he really apply to 30 different bond companies through four brokers, or were his applications reasonable? Or was he just trying to negotiate with the courts based on false information?
I can see why Judge Engoron increased her independent monitor powers. It's to ensure that Trump can't defraud anyone else over these money judgements, including the courts, the bond companies, the prosecution and the state of NY. Trump isn't going to give a flying feck who he defrauds here, is he? He maybe thinks he can cut a deal down the road paying less than 100 cents on the dollar, or just quash it all if he's re-elected.
I've heard that Letitia James has liens on all his properties and that Seven Springs is the first asset in her sights.
That brings me to the conclusion that supporting this unfairness
is driven by real hate.
Wouldn't that remove the property from the list of Donald's assets?
Did he overprice some of his buildings then. And the banks had no responsibility of checking this themselves. Have they heard about Mar a Lago and Trump Tower do you think.
Chat, how much was lost here.
Could he pay back only what the banks lost maybe.
I also wonder a bit how it's possible that he had to pay 83 million E. Jean Carroll
cos he said she was out of her mind or something. That is not a bit much for defamation only?
When they go after him this hard but the other side goes free it's weird.
I think thes will never be forgotten Chat. It will have some kind of consequenses.
U see injustice will be noted by the average popiulation even if you think thay're asleep.
Cheers
Did he overprice some of his buildings then. And the banks had no responsibility of checking this themselves. Have they heard about Mar a Lago and Trump Tower do you think.
Chat, how much was lost here.
Could he pay back only what the banks lost maybe.
I also wonder a bit how it's possible that he had to pay 83 million E. Jean Carroll
cos he said she was out of her mind or something. That is not a bit much for defamation only?
When they go after him this hard but the other side goes free it's weird.
I think thes will never be forgotten Chat. It will have some kind of consequenses.
U see injustice will be noted by the average popiulation even if you think thay're asleep.
Cheers
It's the amount of money Trump and the Trump Organisation made through fraud.
It's like stealing £10 out of the till and having to pay £10 back.
Trump made an extra $354.9M through fraud and now he has to pay $354.9 back.
The money doesn't go to the banks, but they can sue him separately if they think it's worth their while.
The money will go to 'the people', aka the state of NY to be used for the benefit of NY and NYers.
As far as I can work out, there are no punitive money damages; penalties are in the form of sanctions.
It's like losing your job after stealing £10 out of the till, except Trump has had his business licence in NY revoked for a mere three years. Having the independent monitor to oversee the businesses is another punitive measure given Trump can no longer fart without asking permission from Barbara Jones. She's there because Trump can't be trusted not to commit more fraud.
The $83.3M in the second defamation suit is considerably larger that the first $5M simply because Trump didn't have the sense to keep his mouth shut. He continued to defame Carroll after the first case, so the increase in the penalty reflected that.
Another aspect was Trump informing the court under oath that he had $400M in cash and however many billion in assets, whereupon Judge Kaplan instructed the jury that was the pool of money they had to work within. If Trump inflated his assets for the sake of appearances and doesn't actually have that much, he's only himself to blame for that, too.
Did he overprice some of his buildings then. And the banks had no responsibility of checking this themselves. Have they heard about Mar a Lago and Trump Tower do you think.
Chat, how much was lost here.
Could he pay back only what the banks lost maybe.
I also wonder a bit how it's possible that he had to pay 83 million E. Jean Carroll
cos he said she was out of her mind or something. That is not a bit much for defamation only?
When they go after him this hard but the other side goes free it's weird.
I think thes will never be forgotten Chat. It will have some kind of consequenses.
U see injustice will be noted by the average popiulation even if you think thay're asleep.
Cheers
Let's just leave it as we're risking waisting energy for nothing.
But thanks for comming back to me on this.
Talk agan on here soon and have a nice saturday night there.
That is not me taking you not serious or nothing it's just that I'm starting to see the futility here u know,
us going in circles as we live in different worlds. I accept it, it's ok.
Take Brad Hoylman-Sigal, powerful NY Senator.
Check him out, the following is a synopsis from Wikipedia. Read about his Self Interest and Agenda driven legislation.
Brad Hoylman-Sigal is an American Democratic politician. First elected in 2012, Hoylman-Sigal represents the 47th District in the New York State Senate, covering much of the west side of Manhattan in New York City. He is chairman of the state senate Judiciary Committee.
Hoylman-Sigal was the only openly gay member of the New York State Senate.
After the 2018 midterm elections, Hoylman-Sigal was appointed Chair of the Senate Judiciary Committee. With a Democratic majority, Hoylman-Sigal passed multiple pieces of legislation including the Gender Expression Non-Discrimination Act (or GENDA), and a ban on so-called 'gay conversion therapy.' Personal to him.
Hoylman-Sigal also sponsored the TRUST Act, which was passed by the state Senate.
The bill would allow certain Congressional committees to perform oversight by reviewing the New York State tax returns of senior government officials.
Members of Congress suggested this could allow Congressional committees to review Donald Trump's tax returns.
City & State, a New York-based political news organization, characterized Hoylman-Sigal as "the person behind state Senate’s progressive bills."
In early 2021, Governor Andrew Cuomo signed a bill, sponsored by Hoylman-Sigal, to repeal New York's ban on Paid Gestational Surrogacy. This was personal for him.
In June 2021, the New York Senate passed the Adult Survivors Act (ASA), which was sponsored by Hoylman-Sigal and Assembly member Linda Rosenthal. The legislation was enacted: It unanimously passed the Senate in April 2022 and was signed into law by Governor Kathy Hochul.
The bill established a one-year "lookback period" that allowed adult victims of sex abuse or sex crimes to bring civil lawsuits that were previously barred due to the statute of limitations.
The following week E. G. Carroll filed for damages under this Act.
The DOJ declined to pursue this case so Brad Hoylman-Sigal got to work on ASA.
Under the statute of Limitations legislation and tied to the Constitution, new legislation may not be introduced which would put at peril the rights of someone after the time limit for entering a prosecution has passed.
I thought Trump was going to go this route on the 'ASA case" which would have seen the outcome of that case and the following one reversed. But apparently not.
That rapist, etc, is untouchable. The laws does not apply to him.
If he is elected gone for good is America as we know it.