"Trump owes this money because he fraudulently misrepresented the value of his assets—and now (oops) apparently no one will accept those assets as collateral."

Less than a month after New York Attorney General Letitia James said she would be willing to seize former Republican President Donald Trump’s assets if he is unable to pay the $464 million required by last month’s judgment in his civil fraud case, Trump’s lawyers disclosed in court filings Monday that he had failed to secure a bond for the amount.

In the nearly 5,000-page filing, lawyers for Trump said it has proven a “practical impossibility” for Trump to secure a bond from any financial institutions in the state, as “about 30 surety companies” have refused to accept assets including real estate as collateral and have demanded cash and other liquid assets instead.

To get the institutions to agree to cover that $464 million judgment if Trump loses his appeal and fails to pay the state, he would have to pledge more than $550 million as collateral—“a sum he simply does not have,” reportedThe New York Times, despite his frequent boasting of his wealth and business prowess.

  • givesomefucks@lemmy.worldEnglish
    1256·
    9 months ago

    I’ll believe it when it happens.

    Last time he had one lined up but up until the last second said it was impossible. Likely to maximize donations from his rubes.

    • bean@lemmy.world
      27·
      9 months ago

      Re: Donations, I saw this today. So it may not be that easy (ha!!).

      Behind Trump’s campaign cash crunch: Small-dollar donor fatigue, major donor hesitation

      KEY POINTS

      • Former President Donald Trump is facing two major fundraising problems: a shortage of big money interest and a drop in small-dollar donor support.
      • The decline in small-dollar contributors could be a significant obstacle, as the former president seeks to cobble together a 2024 war chest.
      • Small-dollar donors are critical to Trump’s ability to raise enough money to fund his presidential campaign.
        • Rapidcreek@lemmy.world
          472·
          9 months ago

          Not a racial stereotype. If you ever watch her press conferences you’d know that’s the way she is. A smart hard ass prosecutor who has no problem taking on Trump or the NRA. I’d hate to be in her cross hair.

          • givesomefucks@lemmy.worldEnglish
            285·
            9 months ago

            Well, you could insist your racism is ok, because reasons…

            If you were being honest you could easily provide one of those many videos you claim exist.

            • FrostyTheDoo@lemmy.world
              621·
              9 months ago

              I’m confused? Is there a stereotype that all black women wear pearls and flip their hair when they talk? If you told me that was a stereotype of any race I would actually guess white but I kind of thought that was just something that women with a certain personality did, regardless of race.

              It sounds like you read their comment and visualized something racist in your own mind. Maybe the call is coming from inside the house?

              • bean@lemmy.world
                18·
                9 months ago

                Yeah in my head I was thinking a white Karen tbh. Am I racist because I picked white? Or not racist because I didn’t choose black? Maybe it had NOTHING TO DO with skin color, until that dude brought it up. 🙄

              • givesomefucks@lemmy.worldEnglish
                157·
                9 months ago

                By all means, you can provide a link of her actually acting/talking like that too.

                That other account sure as shit doesn’t want to.

                But most people could find a better use of their time than defending racism online, you do you tho I guess…

                • FrostyTheDoo@lemmy.world
                  421·
                  9 months ago

                  I don’t know much about her and I don’t watch her press conferences. I’m not defending anyone, your comment has just genuinely confused me because I’ve never heard of this stereotype in my 33 years on earth, living in a racist state in a racist country.

                  I’m just asking how a hair flip and pearls is racist? Can you explain that?

                  • givesomefucks@lemmy.worldEnglish
                    141·
                    9 months ago

                    (Letitia James, wearing her pearls and flipping her hair) “You best believe it.”

                    She’s a high level public employee…

                    No one would imply a white woman in her position acted like that, and despite you and the other account insisting she acts like that so it’s not racist, neither of you show any interest in taking the two seconds to prove it if she always acts like that like the other account said.

            • Empricorn@feddit.nlEnglish
              91·
              9 months ago

              Just take the loss, damn. Who doubles down like this when they’re proven wrong!?

              • givesomefucks@lemmy.worldEnglish
                110·
                9 months ago

                Who doubles down like this when they’re proven wrong!?

                If someone provided the video of her acting like that, I didn’t see it because at some point I’ve blocked them.

                You can link one for other people, if you can actually manage to find it. But I’m not going to see any of your comments anymore either.

                • Cosmicomical@lemmy.world
                  51·
                  9 months ago

                  If you are interested you can go and find one, it’s not going to be difficult. We are not here to bring you stuff. What a level of entitlement, sir (or ma’am).

                  • givesomefucks@lemmy.worldEnglish
                    16·
                    9 months ago

                    That’s like when a Christian says God is real, but when you ask for proof they tell you to find proof God isn’t real.

                    How can I prove she doesn’t act like that?

                    Watch every single second of her on film to verify she doesn’t ever act like a racist caricature, then come back and tell you I was right?

                    To prove me wrong is incredibly easy, but no one can seem to do it.

                    To prove me right is literally fucking impossible unless I link you ever single second she’s ever recorded on video, and you watch all of it.

                    What do you not understand about this?

                    Seriously.

                    I want to know why so many people don’t understand

            • kora@lemmy.blahaj.zone
              92·
              9 months ago

              This person is a full time time-waster of some variety. Almost double the comments in a half a year than my entire 8 year reddit account had.

              Sorry you’re being economically pressured to sit in a troll farm, gotta be a rough situation.

              • givesomefucks@lemmy.worldEnglish
                2·
                9 months ago

                Well, it doesn’t have what every kept saying it would have.

                But thanks for being the only one to actually link a video.