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Trump Got Appeal Bond (Edited)
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03-19-2024, 03:33 PM
(This post was last modified: 03-19-2024, 03:37 PM by The Real Marty. Edited 3 times in total.)
I think Trump's lawyers make some pretty good points.
https://www.nbcnews.com/politics/donald-...rcna143860 His lawyers are saying he would have to come up with about $1 billion in cash or marketable securities to get the bond. They're saying the bond companies won't accept real estate as collateral. Even if you have a net worth of say, 4 or 5 billion dollars, it can't be easy to mortgage, for example, a golf course in Scotland, in less than a month. And there's no way he's going to hide his assets in the meantime. He can't hide real estate. So knowing what I know now, if I was hearing the appeal about the bond, I would reduce it by a lot. It's not really fair to use a judgment to bankrupt a person before they can appeal. Even if I think he's guilty of the charges. I don't think a single judge should have the right to crush a person like that before the verdict is confirmed on appeal. |
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