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Trump Must Pay Half a Billion Dollars Before He Can Appeal New York Decision

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posted on Feb, 28 2024 @ 05:43 AM
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a reply to: Zanti Misfit

Trump can't request a stay until they post their bond.
edit on 28-2-2024 by Threadbarer because: (no reason given)



posted on Feb, 28 2024 @ 05:45 AM
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a reply to: RazorV66

It's New York. Any property will sell.



posted on Feb, 28 2024 @ 05:53 AM
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originally posted by: Threadbarer
a reply to: RazorV66

It's New York. Any property will sell.


Keep defending obvious corruption.

Everyone sees it from you, the little credibility you had is pretty much gone.



posted on Feb, 28 2024 @ 03:28 PM
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originally posted by: Threadbarer
a reply to: Zanti Misfit

Trump can't request a stay until they post their bond.



Reported just now that NY Appeals court Judge Anil Singh has Denied Trump's attempt to "freeze" the judgement on the civil fraud ruling.

Trump, and/or his organization must post bond for full $454 million in coming weeks.



posted on Feb, 28 2024 @ 03:31 PM
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a reply to: Mantiss2021

The corrupt crooked swines. So unfair, so unfair....

Donate!




posted on Feb, 28 2024 @ 03:32 PM
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originally posted by: Mantiss2021

originally posted by: Threadbarer
a reply to: Zanti Misfit

Trump can't request a stay until they post their bond.



Reported just now that NY Appeals court Judge Anil Singh has Denied Trump's attempt to "freeze" the judgement on the civil fraud ruling.

Trump, and/or his organization must post bond for full $454 million in coming weeks.


I think they also removed the coercive ruling barring NY banks. 😀



posted on Feb, 28 2024 @ 03:49 PM
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Judge Anil Singh of the state's mid-level appeals court ruled that Trump must post a bond covering the full amount in order to stop enforcement of the judgment. Singh did grant some of Trump's requests, including pausing a three-year ban on him seeking loans from New York banks — which could help him secure the necessary bond


So, they pause that he cannot does business in NY after he was just found guilty of fraud in NY?

They just want to seize a building....and make it another clown show.



posted on Feb, 29 2024 @ 05:56 AM
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off-topic post removed to prevent thread-drift


 



posted on Feb, 29 2024 @ 07:40 AM
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a reply to: matafuchs

They paused the loan part because if the court didnt trump would have gotten a lon from a bank outside of new york.

This allows trump to get the loan with a bank in ny ,even though Forbes puts his liquid wealth at about 400mil

So he doesnt actually need the loan but its better to get the loan instead of using his cash


All the cases against trump are falling apart.



posted on Feb, 29 2024 @ 07:46 AM
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a reply to: Another_Nut

In their filing, Trump's lawyers said that Trump only has about $100 million in liquid assets. After that they would need to start liquidating assets.

Are your suggesting Trump's lawyers lied to the court?



posted on Feb, 29 2024 @ 08:27 AM
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a reply to: Threadbarer

Not at all, im just reporting what forbes did.

www.forbes.com...

But it doesnt really matter now that trump can get a loan for whatever he needs.



posted on Feb, 29 2024 @ 09:23 AM
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a reply to: Another_Nut

Assuming a bank is willing to grant the loan. Something tells me there aren't a lot of banks chomping at the bit to loan half a billion dollars to someone so they can cover their court imposed punishment for lying to banks on loan applications.



posted on Feb, 29 2024 @ 09:35 AM
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originally posted by: Threadbarer
a reply to: Another_Nut

Assuming a bank is willing to grant the loan. Something tells me there aren't a lot of banks chomping at the bit to loan half a billion dollars to someone so they can cover their court imposed punishment for lying to banks on loan applications.


Something tells you that?
The banks said they made money and would absolutely continue to do business with Trump because they made money.
That’s kind of their job.
What was the something that told you the opposite of what the banks actually said?



posted on Feb, 29 2024 @ 09:42 AM
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I love seeing all the comments from brainless Democrats like "if he's really a billionaire he should be able to pay it" because they don't understand basic finance. Your net worth isn't the same as how much cash you have laying around.

But if they understood money they wouldn't hold half of the positions they do.



posted on Feb, 29 2024 @ 10:09 AM
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a reply to: YourFaceAgain

Trump himself testified he had $400 million cash on hand. Did Trump lie? Did his lawyers lie when they submitted a filing saying he could only cover $100 million before having to liquidate assets.

It certainly seems like someone here is lying.



posted on Feb, 29 2024 @ 10:10 AM
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As if Trump could not get a loan.....LOL....He paid back the loans he is accused of lying about. He has close to 30 mortgage free properties worth a few billion.

His multi-media merger going to net him 3-4 billion.

He has plenty of equity to secure a loan and a bank takes the risk as the lender. Trump is not a risk. He is a former POTUS worth billions.



posted on Feb, 29 2024 @ 10:12 AM
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a reply to: Vermilion

Most of the banks in New York already stopped doing business with Trump years ago. Deutsche Bank was pretty much the only one left willing to loan him money.

Do you really think their investors are going to be happy if they loan money to someone who just had a very public trial where it was revealed the perspective loanee cost Deutsche Bank millions of dollars in interest?



posted on Feb, 29 2024 @ 10:12 AM
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originally posted by: Threadbarer
a reply to: YourFaceAgain

Trump himself testified he had $400 million cash on hand. Did Trump lie? Did his lawyers lie when they submitted a filing saying he could only cover $100 million before having to liquidate assets.

It certainly seems like someone here is lying.


Everyone with more than 1 brain cell knows the entire case against Trump is based on lies, so there is that.

Wouldn’t expect a hack like you to get that part though.



posted on Feb, 29 2024 @ 10:12 AM
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a reply to: Threadbarer

Reminder... Democrats say if Trump's mouth is moving, he is lying.




posted on Feb, 29 2024 @ 10:17 AM
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a reply to: matafuchs

Since New York is losing people and deteriorating, Donald Trump should let latita take all the properties... Maintain them...pay taxes...demolish...whatever she wants to do.

There is a whole world out there for the smart Trump family to build a massive fortune, over the next many decades.




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