Machiavellian said:
Its really telling that he cannot actually secure enough money for the appeal because he really does not need an insurance or bond company even if all of his assets are not tied up in property. He and his lawyers have made many statements of how many billions he has and he could easily take out a loan on a few properties to cover the cost. He could also refinance, sell property you name it. Even if the bond/insurance companies would not cover all of the 464, he could come up with enough so they would cover the rest. All in all it could be that he is looking to get the amount reduced but NY is not a favorable district for his BS so I doubt that will happen. This could really snowball into a huge financial issue for Trump because I doubt anyone is coming to bail him out and as you stated, the AG will be moving quick to liquidate his assets if the courts say nay. |
He's frantically trying to sell off assets to raise enough money for the bond.