Donald Trump has so far been unable to obtain a bond that would allow him to appeal a $454 million judgment against him in a New York civil fraud case without posting the full amount himself, his lawyers said on Monday.
Donald Trump has so far been unable to obtain a bond that would allow him to appeal a $454 million judgment against him in a New York civil fraud case without posting the full amount himself, his lawyers said on Monday.
If it was a real substance in real estate, it should be easy to borrow the money he needs. So either his real estate is already mortgaged to the hilt, so he can’t add anymore on top, or they simply don’t trust the evaluations any more.
I really hope they start selling off Trumps stuff starting next week. In a fire sale, cents for the dollar.
I’m betting it’s both over leveraged and no one will lend to him.
And lendors think he will lose and have to actually pay.