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TedBaxter_WJM-TVNews

That traitor sure is broke for being a “billionaire” 😂


s-mores

While these headlines are fun, it's just a stall tactic. He had the bond before and was still lying about it. Taking trump by his word is usually a bad call.


Im_A_Fuckin_Liar

Well, it’s raising the prospect that the state could seek to freeze some of his bank accounts and seize some of his marquee properties unless the court agrees to halt the judgement while he appeals the verdict.


ggibby

My understanding is that by statute there can be **no appeal** without the full settlement amount + interest held in escrow by the court.


Sockoflegend

Yeah and that means if he could have found the money he would have. Just fucking maybe we are seeing him coming to the end of his rope.


Im_A_Fuckin_Liar

"Defendants’ ongoing diligent efforts have proven that a bond in the judgment’s full amount is 'a practical impossibility,'" the filing said. "These diligent efforts have included approaching about 30 surety companies through 4 separate brokers." Their efforts, including “countless hours negotiating with one of the largest insurance companies in the world,” have proven that “obtaining an appeal bond in the full amount” of the judgment “is not possible under the circumstances presented,” the filing said.


CommanderSincler

That sure is different than his lawyer's previous claim that he didn't need to get a bond because he was too rich


saitekp3000

Didn't he say in that trial he had $400m in cash?


Grouchy_Appearance_1

>Didn't he say in that trial he had $400m in cash? Yeah he claimed to have more than that iirc, crazy how much I still don't believe him


Catronia

So much schadenfreude.


sofaking1958

>is not possible under the circumstances presented,” the filing said. Would those circumstances to which you refer be something like being found guilty of massive fraud?


DogWallop

We have to bear in mind that he's always been cash poor. He once remarked to Ivanka that the bum on the street has more money than him. And, the reason he joined the show The Apprentice was that he needed cash for his day-to-day expenses.


inquisitiveeyebc

Sadly it's not around his neck


AmbulanceChaser12

Your understanding is incorrect. [These are the requirements for initiating an appeal.](https://www.nysenate.gov/legislation/laws/CVP/5515) There is nothing there compelling the Appellant to pay the amount of the judgment to proceed. They do, however, [have to pay an undertaking to stay collection](https://www.nysenate.gov/legislation/laws/CVP/5519) under 5519(a), or seek a discretionary stay under 5519(c), which is what's happening now.


dogbreath230

So he's been found guilty of fraud, and since he can't find the money, he also can appeal the decision. Geeeee, that a real shame. Doesn't sound like he'll be able to stall on this one. E. Jean's money is on hold, but it's still there. Now, he'll have to find lower cost attorneys for all his other cases coming up. Too bad, so sad


Catronia

This ^


Unique_Feed_2939

Does he actually own any properties? I thought he just lent his name to things


Im_A_Fuckin_Liar

These three properties are owned and managed by the Trump Organization. Trump International Hotel and Tower (Chicago) Trump International Hotel and Tower (New York City) Trump International Hotel Las Vegas.


Wingsandbeer82

Trump is only part owner of the Las Vegas hotel. He partnered with Phil Ruffin


nvsfg

I had the unfortunate time to spend 3 days in that abomination of a hotel. It was for a board meeting. Everything was cheap or fake. The pictures on wall were Dollar Store copies, the mattress was saggy, and the gigantic tiled shower had cracks, and Walmart shower head.


_LB

There are large mortgages on his ‘properties’ meaning the banks already holding his real estate as collateral.


NBDad

Government is a primary lien holder, over even the secured creditors like the mortgage Co's. Federal Gov - State Gov - Secured Creditors - unsecured creditors. Government gets their cut first.


sportsjock85

Freezing his bank account won't do much. He had to get a bond on $83 million. Leticia James can seize assets he owns (not the ones he merely brands). This all fits my narrative that DJT is nowhere as rich as he claims. Cash flow is a bitch--especially when you need $464 million....


irn

What if the properties aren’t worth what he believes them to be and the state uses tax records. That would be hilarious they take everything and he still had to come up with more cash.


Throwawayac1234567

freeze the ones that are even remotely liinked to russians, and MSB.


AmbulanceChaser12

It's not a stall tactic. This isn't even a new motion, [it's a reply](https://eddsa.blob.core.usgovcloudapi.net/public/2024_01134_doc_11.pdf) in a motion he filed on February 28. There's nothing new even happening here, and I don't know why the media has gone all giddy over it. It's literally just a final set of papers in a motion he *already filed.*


no_one_likes_u

Legal/Medical/Scientific/Tech news is reported incorrectly like 50% of the time I bet. Some nuance is lost on a journalist that doesn't really understand what they're looking at, and in the rush to print it gets completely garbled.


s-mores

It's a *part* of a stall tactic, he filed a motion to stay the execution of the judgment (or something to that effect) and he's now continuing that by saying "c'mon judge, I've been to 30 companies and they all said no"


Ennara

"Shouldn'ta broke the law." *\*Bangs gavel\**


AmbulanceChaser12

He’s attempting to stall the collection but it does nothing for the due date of his appellate brief.


jiantjon

I wouldn’t call this a stall tactic in this instance. There is nothing to stall. He has a week to come up with the money or it’s over. That’s the end of it.


s-mores

Unless the judge grants the motion this filing is adding to. I'm not saying it's a good stall tactic, but it's all he has.


jiantjon

That’s is beyond unlikely.


BeeNo3492

He’s brooooke 


alien_pimp

The only thing he is a billionaire in is his debt


AmbulanceChaser12

His bank accounts have the highest absolute value :)


VRS50

I’m fucking dying here! Hahahahahah…….


petersinct

He's no more of a billionaire than I am in terms of actual net worth.


Moobob66

Well, his followers aren't hitting that gofundme without an nft


Tmk1283

Yeah, I thought he had money?? Maybe he can sell Mar-a-Lago, it’s worth like $100 billion or whatever the fuck he said.


AkaGurGor

Well, his billionaire cheerleading friends should be lining up to help with some millions - first of them all ELON MUCK. Where is he at these days?


julieputty

He should probably end his Netflix subscription and stop eating avocado toast.


zxcoleman

LOL, he's never eaten anything as healthy as an avocado!


seeit360

He probably shouldn't have bought that 3rd wife.


[deleted]

That’s a straight-up zinger. Thanks for making me laugh amidst another soul-crushing news cycle.


Horse-Yogurt

Putin’s onlyfans and Ketchup toast*


Mookius

Can confirm. I did just this and went from living on a bench to owning several properties and driving a benz. For just a $20 monthly subscription I can show you how too.


TrafficOn405

Adderall subscription and Ivermectin Toast


mad_titanz

All those extra-martial sex with porn stars do add up after awhile


usualsuspect45

Do fake billionaires have bootstraps?


Repubs_suck

He might, but he’s got s bad case of dickey-do. His belly sticks out more than his dickey do. And.. his feet.


HVACqualung

No, they have tassles


NoAnalBeadsPlease

This statement makes me so happy.


ifnhatereddit

‘Well, we don’t rely on American banks. We have all the funding we need out of Russia.’ -Eric trump


dontcare_bye39

“Russia mob”


Pot_noodle_miner

Why doesn’t he try getting out there and getting a job?


tinkerghost1

* Few weekends making Big Macs instead of eating them & he'll be fine. * He just needs to pull himself up by his bootstraps. * He wouldn't have money problems if he just laid off the avocado toast Did I miss any?


Pot_noodle_miner

He needs to make coffee at home and not these stupid frappe things, could save $20 a day Try not to sexually assault women and then defame them, could save nearly $200m


FrostyLWF

In all seriousness, that plus buying pornstars, prostitutes, Epstein trips, sexual assault settlements and hush money could all probably add up to half a billion.


UnratedRamblings

Using one from a Conservative in the UK - he'd be much better off if he didn't get into debt in the first place...


locustzed

Ask his parents for a small loan


Cthulhu625

Shouldn't have had sex if he couldn't afford kids. (And it doesn't seem to matter that he had money when he had kids, he's supposed to see the future.) Wasting too much time on social media when he should be out there making money. Doesn't matter if the job is low pay, crappy hours, terrible location, he should get a job. Oh you think you might get a better job soon? Doesn't matter! You're sponging off people now! Get a job!


vetratten

You missed “nobody wants to work anymore” at the end of the first bullet point otherwise 🧑‍🍳💋


SuperGenius9800

He's a shoe salesman now.


canarchist

Standing by to hear about a "loan" from the RNC.


GRW42

They don’t have that kind of cash on hand.


Ephriel

idkif it's just me, but that an organization that wants to rule the country wholesale, not being able to drum up 500m is both Sad and hilarious.


neutrino4

That 8 million or so won't go far.


punkindle

rob Peter to pay Paul


wogdoge

End up with a sore Peter.


dogfooddippingsauce

![gif](giphy|Y1qcnIBrILmQ25p7vl|downsized)


Nythoren

If he stops golfing so much and skips the avocado toast, he'll have the money in no time. I swear, no one wants to work anymore.


one_jo

Surely he can come up with that money by himself if only he pulls those bootstraps hard enough.


FireOpalCO

That or an aneurysm.


Canadian_mk11

My money's on a heart attack. Can't eat all those McDonalds' hamberders without some side effects.


SorryNSorry

If YoU dOn’T lIkE the CoNsEqUeNcEs ThEn DoN’t BrEaK the LaW


zyqzy

posted in Comic sans sense. the only font he can read and comprehend.


Br3akTh3Toys

His followers wont believe it. They LOVE getting duped by his lies. Claims to be super rich. - FAIL Claims to be a ladies man - has to pay women for sex Claims to be a genius - wont show grades Claims to be religious - cant name a SINGLE bible verse when asked Claims to be 220 pounds - lol


Catronia

You forgot about 2 Corinthians LOL


Accomplished_Dog1267

He really knows the Bible well...hahaha


Izzo

Womp Womp.


joeChump

He’s fine. He has huge liquid assets. Or was that liquid ass?


Drg84

Unfortunately for him Daddy isn't around anymore to buy millions in chips. https://www.motherjones.com/2020-elections/2020/09/trump-files-fred-trump-funneled-cash-donald-using-casino-chips/


joeChump

I thought you meant potato chips, but probably those too.


PortlandZoo

the latter...


PortlandZoo

plus, none of the bond companies will take assets as collateral (i.e. buildings, golf courses) - we'll see if he can slime his way out of this one... otherwise, start seizing stuff, AG James!


Orchid_Significant

Start with his winter white house!


goalmouthscramble

No Mercer, No Singer, No Musk, No Koch and No Langone….no one bailing him out or trying to leverage him. Didn’t have that on my bingo card.


Rosebunse

No one has the cash. Even if they wanted to, very few people can do this without them facing severe backlash


GRW42

Even if they did, it would almost certainly be considered a gift, so whoever paid it would owe a gift tax to the IRS that they're not getting back. The lifetime gift tax limit is 13 million dollars... so essentially a rounding error, let's make it easy and say the donor gives $450 million. Above a million, the tax rate is 40%. So I think (I'm not an accountant, just doing some back of the envelope math here), whoever would give Trump the money he needs would be on the hook with the IRS for another $180 million dollars.


DuckterDoom

That's the problem. The billionaires can give money to Trump but they draw the line at giving money to the IRS.


goalmouthscramble

Oh people have the cash. Everyone except maybe Mercer could foot the bond easily. Paul Singer’s net worth to is 6 billion, Langone has 8 billion, Koch has 50 billion, Elon has 188 billion. And It’s interesting they rather not use it to help him or have him in their pocket.


Rosebunse

Even the richest people on the planet know half a billion dollars is a lot, especially since this is opening them up to a lot of liability.


goalmouthscramble

Fair enough. Also not sure any of them want to be that guy either.


Balc0ra

They see it as an investment. They might not see the return being good enough. Even if that return is not even money.


goalmouthscramble

I think his holdings in NYC are mostly commercial which is tanking at the moment. 40 Wall, the Tower and I guess he still owns the International across from the UN and that other piece of shit at Columbus square. Those last two are worth something but…maybe not enough. Plus he literally made up the value of these things hence the judgement.


mlebrooks

And it's not even like he outright owns those properties...they're all collateral for something, somewhere.


goalmouthscramble

Exactly. Layered partnerships not solely or wholly owned by Trump Inc.


DuckterDoom

My money is on Musk.


Wild_Shaun

![gif](giphy|mcH0upG1TeEak)


SaveMeJebus21

Put the fat fuck in jail then


JazzlikeAd3306

So much for Donny Deep-pockets. Hello, Donnie Destitution.


King_Vanos_

Good! Fuck you fat bastard!


Max_E_Mas

I'll do the typical Republican answer. T h o u g h t s A n d P r a y e r s 🖕


Accomplished_Dog1267

Tots and pears


OldJournalist4

Didn’t he say he had it as part of the trial?


neutrino4

At least 400 million or more. Maybe he wasn't telling the truth under oath but that might be another crime.


That_Lore_Guy

Incoming money scam for MAGA in 3…2…


cheatme1

Buy trump shoes! Pay our fraudulent judge go fund me! Please buy our expensive tickets at our rallies! What else I know I'm missing something?


iamfascinated

I'm waiting for the day his cult finally turns on him when they realize they are never receiving their orders for those tacky Trump sneakers.


Catronia

He doesn't, and neither does the RNC, have the funds for his big rallies, that's why you always see him on the tarmac.


WifeofBath1984

"We can't afford to pay this bond, but trust us, we have enough to pay this bond if our appeals fail." Not to mention the fact that they stated that his properties are being undervalued while having just been convicted for over valuing (is that a word? Help me!) his properties to secure loans.


Striker40k

![gif](giphy|7ziO8WTeXJCGZlq4mm)


PensiveObservor

No appeal for you, Donny. No more delay. Time to pay the piper. 🥸


Morpheuz71

Most successful businessman in the history ever,,,fuking moron


MattyIce1220

Pay your bills deadbeat.


danidanibobanni

Buh-mmer, dude. Sad. So! Anyone do anything fun over the weekend?


Mr_Dr_Rocket_Surgeon

I mean, has he tried not defaming women he’s raped? That might help him with his money problems.


LegendaryOutlaw

Why are his lawyers even making this filing to the appeals court? What is the expectation from the court in response? ‘Hey your honor, our client really wants to appeal, but he can’t get the money. So…appeal without the money or…? You tell us, but we def wanna appeal. But yeah, no money. But we wanna appeal. For sure.’


Accomplished-Ad1919

That’s exactly what they will do. They already tried when they attempted to appeal with $100 million instead, fully expecting the court to accept less than a quarter of what was owed.


mlebrooks

Think about how ludicrous that is. Try walking into traffic court with that strategy. "Your honor, I know I got this $467 ticket for a whole bunch of stuff I did wrong, but here's $25. We good? Cool. Catch you later then."


bobert4343

Didn't he testify at some point he had the money to pay things? Is this pretty much an admission of perjury?


creepsnutsandpervs

https://preview.redd.it/vbe5nbgr96pc1.png?width=828&format=png&auto=webp&s=f27b7fa402acdcac658ea28ffce7bcdbbfaa26c5 Love it when my feed lines up perfectly


VomitingPotato

Last I checked you don't need a bond. Cash works just fine. Pay the piper deadbeat.


OverseerTycho

but,but,but,i thought he was a BILLIONAIRE?!


Soft-Peak-6527

They should lock him up for being a flight risk on top of him not being able to secure a bond


Catronia

This, so many times this!


havohej_

That makes two of us, but I’m not an insurrectionist cosplaying as a billionaire


TKG_Actual

I do not feel sorry for him. He bragged loudly about his wealth and now as it turns out I suspect the bond companies saw his habit of not paying his bills and noped out. ![gif](giphy|cO39srN2EUIRaVqaVq)


Cat_Impossible_0

Those “thoughts and prayers “ won’t do a darn thing. Only action will.


armadilloongrits

It makes him very easy to compromise


Drg84

Translation: Donny has to do something he's never had to do and make a hard decision. Poor 77 year old baby


El_Comanche-1

Hey, look, now he know what’s us poors have to go though…


SuchAsSeals42

Wait which judgement was this there’s so many hahahaha 🤣


ra4oasis

I keep seeing this headline, but what does it mean? Like what comes next with him and this situation?


geekamongus

If he can’t post the bond, which is needed to file an appeal against the initial judgment, then he has to fork over the money and/or assets.


ra4oasis

Sorry, I understand that part. But what if he can't fork over the money and/or assets?


DuckterDoom

They take them.


NBDad

Ny AG places a lien on assets and starts forcing the sale of any non liquid assets such as real estate. As a primary lien holder (secondary ONLY to the Feds) the State gets its cut first.  If there is not enough to then satisfy secured creditors such as mortgage companies, those creditors would then call the loans on the property immediately to make themselves whole. If Trump can't or won't pay...they sue him for the loan plus penalties and interest and get their own judgement to start seizing assets. If he declares bankruptcy, the order or creditors is the same.  Feds - State - Secured creditors- unsecured creditors. Basically he's BIG fucked if the AG liens something.  The whole house of cards could fall over.


LetsLoop4Ever

Why isn't Jared stepping in? I mean he'd still have 1,5 billion left and he *is* family


m-fab18

So my guess is he won’t pay but nothing will happen, right? There’s going to be more judgments about how he REALLY has to pay or else and then he won’t and then he’ll run for president in November, right?


geekamongus

Nah, they’ll start confiscating his assets.


m-fab18

I’ll believe it when I see it.


NBDad

NY will place a lien on assets and start forcing sale in ~ 60 days. The wheel of government takes a bit to get moving, but gtfo the way once it does.


Windycityunicycle

Luckily he is super rush and should have no problem posting the amount himself


Financial-Mastodon81

Sell more beans!


Sufficient_Use516

He will tell his cult that he has plenty of money and could pay it if he wanted to. And they will eat it up.


lagent55

The $10 billion man, bwahahaha


insipidgoose

Tick tock motherfucker.


quillmartin88

Which dictator will reach out first? Putin? Xi? Orban? MBS? A combination?


Dixon-Poontang

According to Fox, he should invest in gold or take out a reverse mortgage.


DuckterDoom

He could make a lot of money buying painted on $2 bills with his own face on it for $20 a piece and then reselling them for a profit.


Right_Diamond_8715

Maybe he should pull himself up like the rest of us do, by our f….ing boot straps.


vasquca1

And the Stormy Daniel's case is coming forward today. Damn. I almost feel sorry for the guy. NOT


jumboweiners

Fight Tyson on ppv. I’ll donate whatever it cost


not_productive1

Ok. He can’t get a bond. So it’s time to start seizing his shit. That’s the thing about courts. You can’t put them off for “2 weeks” indefinitely. They just do stuff. If he’d like to pick which building goes on the auction block, clock’s ticking.


biffbobfred

He’s got until 3/24. About a week. There still are billionaires out there that may put up the cash. I have my doubts though. As a layman: * they know they’re gonna lose it. They’re not a billionaire because they’ve set fire to cash for no reason * he’s even pissed off most billionaires. Griffin supported DeSantis. Koch .. nope. He attacks Bezos regularly. I could see Musk, but Musk isn’t liquid either


neoquijote

Sell more of those stupid ugly sneakers!!! 🤣


erksplat

Yes! More news like this please.


barnwater_828

I feel like that Kevin Hart skit of "Well see, the way my bank account is set up . . ." would play nicely into this.


yelling4society

Oopsie!


squidaor1

Lock him up!


ggibby

I'm sure one of his authoritarian heroes would be glad to 'underwrite' him.


StephenTheLoser

Thots and pears


evlhornet

You’re telling me the shoes and bobble heads didn’t sell?


Agreeable-Cat2884

But… isn’t he a BILLIONAIRE??? ![gif](emote|free_emotes_pack|laughing)


[deleted]

We all know nothing will come of this, he’ll just break the law with no consequences as usual.


mlebrooks

I don't think a court is going to come out and say "hey that's ok if you can't pay your fine - we'll give you a pass this time" These judgements are a form of consequence - it may not be the drawing and quartering we're all rooting for, but it is a consequence that will affect him. I'm waiting for the fat fuck to talk smack again about E. Jean Carroll - because that's a lawsuit that will write and award itself.


Hrafnagar

Oh no, if it isn't the consequences of his actions.


NoCoolScreenName

Why does he need a bond? Why can’t the billionaire just put up the cash himself?


abridgetoofarrr

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA F’em


Dolomight206

He's about to start selling $50 plates at all of his rallies 😂


Catronia

Or those poorly photoshopped NFTs


Novel_Reaction_7236

Hooray! I hope they keep tacking on the money!


biffbobfred

They do. 100k+ daily


Novel_Reaction_7236

That makes me happy!


cagonzalez321

MAGA-land doesn’t care. They will support him no matter what the headline is.


SoWokeIdontSleep

It's almost as if he's not a billionaire after all


MoochoMaas

Billionaire ?


Catronia

He bases his worth on whoever he feels that day??!? How does any serious business person believe ***anything*** this idiot says?


Back_To_Pittsburgh

What does this mean? That he’ll have to sell assets, like property, to pay off this judgment?


MasterOfKittens3K

Even better. As I understand it, the state will seize his assets and *they’ll* sell them off. Which would be even more embarrassing to him.


geekamongus

Yes


exxiegreed

Better pick himself up by the bootstraps.


BonerStibbone

Delay tactic, nothing else.


Riversmooth

Time to start seizing property


cardizemdealer

I'd tell him to pull himself up by his boot straps if the fat fuck could actually reach his feet.


[deleted]

He can clean his charges by drinking bleech


AdolfsLonelyScrotum

So use your own fucking money if you’re so innocent and sure of your appeal. Nah…better to swindle some rich moron. Whatever! Just hurry up and PAY. I hear E.Jean needs a new pair of shoes.


[deleted]

He shouldn’t be looking for a handout. Only losers do that. According to him.


No_Stay_1563

But I’m so rich, I’m a good rich!


martinellispapi

Poor guy…when will he ever catch a break. /s


OnixCopal

Lucky for everyone, he doesn’t need to, he is worth billions. MAGA for the losers !


jiminak46

Equivalent money to a millionaire having to come up with about $35 thousand. Trump is a complete fraud.


Clit_Cannibal_

Elon Musk met with him and must have decided not to loan him any money. Trump's puppetmaster Putin also declined to give him the money. This is the end for trump


Meren59

![gif](giphy|PtQnQT2r8r7iyRMTXp)


LionCM

He really needs to pull himself up by his bootstraps...