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(129,062 posts) Thu Mar 21, 2024, 07:35 PM Mar 21

Donald Trump Fears He Could Lose His Prized Assets 'Forever' [View all]

Source: Newsweek

Published Mar 21, 2024 at 12:38 PM EDT | Updated Mar 21, 2024 at 4:08 PM EDT

Donald Trump fears he could lose his most prized assets "forever" if he has to come up with the money for a bond as he tries to appeal a $454 million civil fraud judgment against him.

Trump said on Thursday that he could lose his real estate empire for good if he's forced to mortgage or sell it because of a judge's order. On Truth Social, Trump called the judge, Arthur Engoron, "a true Trump Hater" who was forcing him to obtain a bond that "is not possible" given that underwriters are seeking cash and not property, where most of his wealth is.

"If I sold assets, and then won the Appeal, the assets would be forever gone," Trump wrote. "Also, putting up money before an Appeal is VERY EXPENSIVE. When I win the Appeal, all of that money is gone, and I would have done nothing wrong. The Crooked Judge, who has already been overturned 4 times on this case (a record!), fully understands this. He gave us a demand which he knows is impossible to do. "

A Monday court filing revealed that despite approaching 30 underwriters to back the bond, Trump could not find an insurance company to do so. Although he does not need to put up the $454 million to appeal Engoron's order from last month, failure to do so means New York Attorney General Letitia James could begin seizing Trump assets even as the appeals process plays out. Her civil fraud case accused him of deceiving banks and insurers by inflating his wealth on financial statements when trying to get loans and make deals.

Read more: https://www.newsweek.com/donald-trump-fears-he-could-lose-his-prized-assets-forever-1881891

82 replies

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Highlight:

Donald Trump Fears He Could Lose His Prized Assets 'Forever' [View all] BumRushDaShow Mar 21 OP

In a single word: GOOD! hlthe2b Mar 21 #1

Fear Roy Rolling Mar 22 #64

... pazzyanne Mar 22 #68

What's a matter, Cheato, can't just put a Sharpie to it this time? bucolic_frolic Mar 21 #2

Attorney General James is gonna grab you by the money, Donald. tanyev Mar 21 #3

By his ass-ets! sheshe2 Mar 22 #55

That's perfect! tanyev Mar 22 #65

An Almond Joy moment FOR SURE! calimary Mar 23 #76

Ha! sheshe2 Mar 23 #80

Schadenfreude and Faux pas Mar 21 #4

He wants his rubes to sell their organs Turbineguy Mar 21 #5

"Rubles for Rube's organs", got a nice ring, ought to look good on a red cap. marble falls Mar 21 #9

Very stylish! Turbineguy Mar 21 #49

re: "could lose his real estate empire for good if he's forced to mortgage or sell it " thesquanderer Mar 21 #6

A judge having his decission overturned is no big deal and four times is no record ... marble falls Mar 21 #7

What he's not telling us RainCaster Mar 21 #8

yeah, I bet there are already all kinds of leans against those properties prodigitalson Mar 21 #11

The legal/financial pressure is substantially increasing for Trump. Irish_Dem Mar 21 #10

think about how unpleasant his baseline behavior in private surely is and then add all this stress prodigitalson Mar 21 #12

Yes it is easy to predict he is going to be more aggressive, labile and erratic. Irish_Dem Mar 21 #17

uh huh, while increasing his likely abuse of speed and benzos- so more manic word slurring prodigitalson Mar 21 #19

Yes his handlers will have to use the benzos to keep him calm. Irish_Dem Mar 21 #21

It would be nice to not have to see or hear him anymore BlueKota Mar 21 #30

Yes he is a national abuser and Americans are his captives. Irish_Dem Mar 21 #32

Sure would be! calimary Mar 22 #54

That day will come COL Mustard Mar 22 #63

What if he is like Prince but has rants & insults Captain Zero Mar 23 #78

He'll still COL Mustard Mar 23 #79

May it be so! niyad Mar 21 #36

It is not a good clinical picture. Irish_Dem Mar 21 #39

And he did it to us. niyad Mar 21 #41

The damage Trump has done to this country and Americans is incalculable. Irish_Dem Mar 21 #42

If you're as innocent as you claim.... SergeStorms Mar 21 #13

I thought he was a billionaire SouthernDem4ever Mar 21 #14

Ari Melbar pointed that out BlueKota Mar 21 #31

Just to be fair, most billionaires don't have that kind of cash on hand. SlimJimmy Mar 22 #53

Why should we be fair sdfernando Mar 22 #56

I was just stating a fact concerning most billionaires. SlimJimmy Mar 23 #81

Why should we be fair sdfernando Mar 22 #57

Whatever hell he goes through is earned. However, I doubt the writer of article has any inside Silent Type Mar 21 #15

I think Trump is suffering. His identity is being shredded in public. Irish_Dem Mar 21 #22

Oh, I do too. Just don't think the article writer knows anything more than how most of us would feel. Silent Type Mar 21 #23

I am basing my comments given his mental illness. Irish_Dem Mar 21 #24

That female does not have blue eyes nor is she either blonde or fair complected. magicarpet Mar 21 #34

You have nailed it. Irish_Dem Mar 21 #37

I hope the b*stard is raging. EndlessWire Mar 21 #44

I feel the same way. Irish_Dem Mar 21 #46

It's seeing and hearing the media talk about him that he cares about and not his identity. cstanleytech Mar 22 #50

But fame and attention are definitely a part of his identity. Irish_Dem Mar 22 #69

What's he going to sell? Ground leases and licensing contracts? EarthFirst Mar 21 #16

This is a good point, one that will soon come more into play. Lasher Mar 21 #43

I'm OK with trump loosing his most prized assets "forever", we shall if it happens. republianmushroom Mar 21 #18

KKK Daddy Fred would be sooo disappointed in you, Diaper Don. Evolve Dammit Mar 21 #20

Daddy Fred must be burping up the word loser again & again from his grave as pertains to Donnie the Dunce. magicarpet Mar 21 #40

It would be lost for good. Perhaps the greatest good in the history of humanity. Kennah Mar 21 #25

On a positive note Traildogbob Mar 21 #26

"Donald Trump Fears He Could Lose His Prized Assets 'Forever'".... Think. Again. Mar 21 #27

Sucks to be him... Ocelot II Mar 21 #28

A property is not like a child you ripped away from his immigrant parents, Shitler. SunSeeker Mar 21 #29

He lost w/o a trial IbogaProject Mar 21 #33

Poor Donald. My heart bleeds dirty dishwater for him. Martin68 Mar 21 #35

NY Real Estate is weird. TT is divvied up in sections. louis-t Mar 21 #38

I hope we loose that A**hat forever IbogaProject Mar 21 #45

Next time he says "I've done nothing wrong" someone punch him in the face Blue Owl Mar 21 #47

I'm told he's a hard-working man... Auggy74 Mar 21 #48

He'll get the bond.from a foreign interest, and promise them JohnSJ Mar 22 #51

Dont do the crime if you cant do the time mahina Mar 22 #52

Seize Trump's properties. LudwigPastorius Mar 22 #58

As if he honestly acquired them to begin with. Crowman2009 Mar 22 #59

Boo Hoo LetMyPeopleVote Mar 22 #60

Typical bully NanaCat Mar 22 #61

Immortal, untouchable, the smartest family crime gang boss ever, a leader of Men, front page in future history books. Aussie105 Mar 22 #62

Please leave him enough brain cells to understand what's happening. I want him busted back to the ancestral whorehouse... Hekate Mar 22 #66

Welcome to the real America, Donnie Rocknation Mar 22 #67

Too bad little donnie, some of us have lost prized assets too, often because of republican shenanigans. RKP5637 Mar 22 #70

Tough Shit Donnie boy CRK7376 Mar 22 #71

Honey, they're not assets if they're already leveraged to the hilt. Novara Mar 22 #72

🤔 .......... baaaahahahahaaaaaaaaa! electric_blue68 Mar 23 #73

Strange how he never considered that his 'creative accounting' Aussie105 Mar 23 #74

O'Donnell had a good show on this Friday Deminpenn Mar 23 #75

Trumpy: ..."and I would have done nothing wrong. ..." Trump has gone all this life believing riversedge Mar 23 #77

He could have flown under the radar forever, but just had to run for office. rickford66 Mar 23 #82