Trump ordered to pay full $454 million fraud judgment, but can apply for loans during appeal
cnbc.com
Judge Anil Singh’s ruling in Manhattan Supreme Court allows Trump and his two adult sons to stay in control of their companies while the former president seeks to appeal the massive fine.
The Trumps can also continue to apply for loans from financial institutions chartered or registered in New York during this time, the judge ruled
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Coming soon: a 0% interest loan for 150% of his obligations from a bank owned by a Russian oligarch with a million ties to Putin.
Conspiracy theory I’ll never be able to prove: the new wave of Russian sanctions that Biden enacted last week are an attempt to thwart this outcome.
even if that were legitimately true (and it might well be) would it even be unethical?
Whoever said it would be unethical?
Well, it was initially presented as a conspiracy theory here. So, those are usually unethical.
Are you saying the Loch Ness Monster is unethical?
It's a bit fishy, at the least
Honestly wouldn't mind.
If they're wasting half a billion on Trump's legal bills, that's half a billion that can't be spent bombing Ukrainians.
It would be less than that. He needs to post the full amount in cash or a bond for that amount if he can find someone to issue the bond. Bonds are typically for a fraction of the value, say 10%, of the total. So if Trump could find a bondsman who is willing to issue a $454 million bond for him, he'd only have to pay $45.4 million. In theory, he could get one of those Russian loans for $45 million that he'll never have to repay and then stiff the idiot bondsman when he loses the appeal.