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“I would be forced to mortgage”: Trump melts down on Truth Social as lawyers admit he can’t get bond (www.salon.com)

submitted 9 months ago by MicroWave@lemmy.world to c/politics@lemmy.world

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Trump fears he may have to "sell Great Assets, perhaps at Fire Sale prices"

Former President Donald Trump lashed out at the judge who imposed a $450+ million penalty in his New York fraud case after his lawyers admitted he was unable to secure a bond to appeal the case.

Trump’s lawyers on Monday asked a New York appeals court to stay the enforcement of the judgment in his fraud case, saying it has been impossible to secure a bond necessary to appeal the judgment after approaching 30 different underwriters.

The former president lashed out at the judge on Truth Social after the filing.

“Engoron wants me to put up the ridiculous fine (I DID NOTHING WRONG!) before I get a chance to Appeal his crazed ruling - A first!” Trump falsely wrote. New York law requires a defendant to put up the full judgment amount with interest in order to appeal a civil judgment.

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[-] N_Crow@leminal.space 80 points 9 months ago

If you are broke you shouldn't commit crimes. Doesn't he know how capitalism works? You need to be RICH to be immune to the law.

Maybe he should have stayed a fat billionaire a**hole who puts his name on everything and doesn't get involved in politics.

[-] ProIsh@lemmy.world 29 points 9 months ago

Ego is a hell of a drug. Obama destroyed Trump and our supreme court with one joke.

[-] toastus@feddit.de 24 points 9 months ago

Problem is, he never was a fat billionaire asshole.

He was a fat millionaire asshole pretending to be a billionaire (if even that, considering his debt).

Which is especially counter to his claims to be a good businessman considering he would have easily become a billionaire if he just invested his heritage in something like S&P 500 instead of playing mogul.

[-] Milk_Sheikh@lemm.ee 17 points 9 months ago

Seriously. Fred Trump gave him a platinum inheritance of varied real estate, but Donny had to prove he was better than daddy - and blew it on decades of high profile prestige projects and bad investments.

There are a lot of dumb old money inheritors who are smarter than Trump because they trust their financial advisors.

[-] jkrtn@lemmy.ml 6 points 9 months ago

Donald is a fuckup who failed to sell steaks to Americans.

Imagine failing to accumulate money owning a casino. People literally come to give you money. Now imagine failing even with Russians piling dirty cash through the doors. That's Donald.

[-] ilinamorato@lemmy.world 5 points 9 months ago

Four casinos. He bankrupted four casinos between 1991 and 2004. One of them twice.

[-] hdnsmbt@lemmy.world 4 points 9 months ago

Either spell out "asshole" or use another word. This isn't us cable TV.

this post was submitted on 20 Mar 2024

512 points (98.7% liked)

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