Originally published at: https://boingboing.net/2024/02/28/billionaire-trump-can-not-post-bond-begs-for-special-treatment.html
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The buildings which are also the security for some of his loans? That could be quite the chain-reaction!
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Need to sell some more shoes I guess. This time $10k a pop maybe. 100% more gold than the first series (totaling to a cool 0 grams).
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His marks will continue to believe he’s a genius businessman despite the evidence in front of them, but I always find it satisfying to see a fraudster forced to acknowledge in public what he is.
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Trump is hoping that his bluff and bluster will deter the court from conducting an autopsy on the “Schrodinger’s Cat” that represents his net worth.
Personally my bet is on the wealth being entirely imaginary and is about to get a margin call initiated by the court.
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Bleed him dry and don’t let up. That’s how they (mostly) took down the Klan.
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Watching his squirm is glorious. Apparently, he’s not the richest, strongest, healthiest, most handsome man who ever walked, who never tells a lie and never made even a single mistake and not ONE of his business ventures or charities has ever failed.
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I recall the IRS was instrumental in taking down Capone. I wonder if they have anything to say in this case.
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Unfortunately, the MAGAs in Congress have de-fanged the IRS to the point where it can only afford to go after folks with moderate income.
But, as @apenzott points out, Voldemort’s wealth - and income - may be totally imaginary.
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Sounds like no one trusts that his properties are worth enough to put up for leverage or that they would be paid back. I wonder why that would be?
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When trump conceived a presidential run as the ultimate con, he stupidly didn’t understand the ultimate exposure that comes with it. Not a king but a citizen.
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So this is the fraud case. . .
But in the defamation case his lawyers were arguing that he doesn’t need to post the full amount because he’s so rich– his wealth itself is a guarantee that he’ll pay.
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So sad. <giggling>
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Yeah, I’ve been wondering when/if this is going to happen for some time. It seems like Deutche Bank has been a major enabler and co conspirator. When that relationship spurs beyond the “fingers crossed” stage, this could get nasty.
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The ones from the Russian banks and creditors will be especially interesting, and might not involve money at all.
DB and Wells Fargo were the only two large American institutions who kept lending him money after the others accepted he was a deadbeat grifter. Distressed banks will do business with anyone.
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In reaction to Trump’s lame attempt to get around New York appeals procedures…
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Does DB count as American? I mean, it’s right there in the name.
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Maybe he’ll fullfill part of his ‘Stable genius’ statement.
The ‘stable’ part, as his abode.
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