(03-21-2024, 03:47 PM)The Real Marty Wrote: Trump is worth about 3 billion.  Almost all of that is real estate.  It is very hard to liquidate real estate at a fair price in a very short period of time.  So I understand why he can't raise $500 million or a billion, or whatever it is he needs to post this bond. 

Of course, it's also possible that the bonding companies don't trust him and don't want to deal with him. 

One thing I think he could do is declare bankruptcy in order to slow down the asset seizures the NT Attorney General wants to do.  It would throw a monkey wrench in the whole process.

But as far as selling Mar-A-Lago, even if he wanted to do that, it could take a long time for a buyer's attorneys to figure out whether anything can be done about the deed restrictions on that property.  With the deed restrictions in place, that property isn't worth much.  But if you can get those removed, you can unlock hundreds of millions in value.

No one other than corporations could get a bond that high, it's unheard of. Even someone with his businesses, isn't going to keep cash around. The law has safe guards in place to not cause harm like this. Appeals haven't been heard and to say you have to sell the businesses in order to appeal is criminal. You can't get the property and businesses back after you win the appeal. There are also only 3 properties in NY, they can't touch the rest of his stuff.

Trump is posting 100 million bond or was at least planning to.

The deed restrictions are great, it keeps the property from being sold off. Sure you could make more selling to a bunch of developers but who knows if the city or county would allow that.

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