Trump fears he may have to ā€œsell Great Assets, perhaps at Fire Sale pricesā€

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.

Trumpā€™s lawyers on MondayĀ askedĀ 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.

ā€œEngoron wants me to put up the ridiculous fine (I DID NOTHING WRONG!) before I get a chance to Appeal his crazed ruling - A first!ā€ Trump falselyĀ wrote. New York lawĀ requiresĀ a defendant to put up the full judgment amount with interest in order to appeal a civil judgment.

  • Beemo DinosaurierfuƟ@feddit.de
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    3 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
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      3 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
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      3 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. Thatā€™s Donald.