politics @lemmy.worldEnglish · 9 months ago

Trump Offers Court a $100 Million Bond to Pause a $454 Million Judgment

www.nytimes.com

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cross-posted to:
nyt_gift_articles@sopuli.xyz

409

Trump Offers Court a $100 Million Bond to Pause a $454 Million Judgment

www.nytimes.com

silence7@slrpnk.net to

politics @lemmy.worldEnglish · 9 months ago

100

cross-posted to:
nyt_gift_articles@sopuli.xyz

The former president, who is appealing the judgment in his civil fraud case, asked an appeals court to let him avoid paying the full amount in the meantime.

It’s pretty clear he doesn’t have the cash to pay the judgement in full, and will need to sell illiquid assets at a discount in order to pay the full amount.

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9 months ago
Seems like a good deal. A few million dollars in exchange for Trump to fuck off to Russia, never to step foot on US soil again.

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