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Cohen: Trump Can’t Afford NYC Fraud Judgment — He’s in ‘Complete and Total Panic Mode’
Breitbart ^ | 02/16/2024 | Pam Key

Posted on 02/16/2024 5:35:14 PM PST by ChicagoConservative27

Michael Cohen, a former personal attorney for Donald Trump, said Friday on MSNBC’s “Deadline” that the former president can not afford the New York City civil fraud trial judgment against him.

Cohen said, “Where does he come up with $355 million? That’s exclusive of the $86 million or $88.6 million that he owes to E. Jean Carroll in that civil case. This is a staggering amount of money for virtually anybody, maybe there’s a handful of people in the entire country who can afford to write a check for half a billion dollars, Donald is not one of them. Right now the pressing issue if he’s going to appeal, how does he appeal? Does he put up a cash bond? Where is he getting the cash bond from? He’s not going to find somebody to bond it for him. He couldn’t find somebody to bond $5.3 million in the E. Jean Carroll case.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; News/Current Events; Politics/Elections; US: New York
KEYWORDS: cohen; fakenews; fraud; kangaroocourt; nyc; tdsbs; trump
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To: mikelets456

Just watched the first segment on NewsNation with Chris Cuomo. Chris had two attorneys on - names I didn’t recognize but all were of the same mind including Chris:

Who was victimized - by Trump?
Who was hurt - by Trump?
Who lost money - because of Trump?
It’s a proven record that banks love to do business with Trump.

Seems the fine is punishment for Trump’s refusal to admit he did something wrong - refuses to say he made a mistake. All admited there is nothing in the law that covers such missteps or mistakes.

As stated by me and others over and over but apparently never occurring to the NY AG, financial institutions do not use client’s numbers for their asset values. They do their own assessments.

Must be in NY, one could go to the bank tomorrow and fill out a loan with their property as collateral and state it’s worth at least $5,000,000.00 while it may be a hunting cabin on a lake in the mountains that’s worth $5,000.00. I pick NY not only because that’s where this case took place but also because there are tons of hunting cabins in the mountains in NY...


21 posted on 02/16/2024 6:02:02 PM PST by Thank You Rush ( )
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To: Huskrrrr

Left out (heavy sarcasm)


22 posted on 02/16/2024 6:02:35 PM PST by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: SamAdams76

Wow! Nice find.
https://www.washingtonpost.com/technology/2024/02/15/truth-social-trump-merger-sec/


23 posted on 02/16/2024 6:04:51 PM PST by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: ChicagoConservative27

IF TRUMP- ERIC & DONALD JR can NOT do any business ijn NY for 3/2 years respectively——

WHO IS GOING TO SIGN PAYCHECKS FOR ALL THEIR EMPLOYEES & PAY ALL VENDORS & LOAN PAYMENTS?????

TRUMP HAS TO BE CLOSE TO THE BIGGEST EMPLOYER IN THE WHOLE STATE.


24 posted on 02/16/2024 6:09:55 PM PST by ridesthemiles
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To: HYPOCRACY

These people lie more easily than they breath.

The net worth of Donald Trump. Forbes has estimated his wealth for decades and estimates it at $2.6 billion as of 2024.

He will likely not be paying that amount if any at all once the appeal rejects the ruling. Even still I think he can afford it.


25 posted on 02/16/2024 6:10:04 PM PST by Skwor
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To: ChicagoConservative27

Trump just made $10 billion in a stock deal. All he has to do is sell some stock.

But hell, sell Trump Tower and get out of NYC, then make a couple of comments about how NYC real estate is over priced and show some video of all the empty commercial real estate in Chelsea and the rich areas of Manhattan.

NYC will look like “The Warriors” again in 2 years.


26 posted on 02/16/2024 6:10:22 PM PST by struggle
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To: ChicagoConservative27

BS, once this is appealed to a NON-DEMOCRAT court, it will be tossed out like the garbage it is.


27 posted on 02/16/2024 6:10:24 PM PST by ThePatriotsFlag (Accepting a false premise initiates conversational defeat.)
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To: EEGator

A Dissident-Rightist on Twitter claimed to have been radicalized by reading Leftists’ “Early Life and Education” on Wikipedia.

Southern Poverty Law Center: Investigate Wikipedia as a gateway of Far Right radicalization !


28 posted on 02/16/2024 6:11:42 PM PST by Reverend Wright ( Everything touched by progressives, dies !)
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To: ChicagoConservative27

Trump speaks about the corrupt judge and his ridiculous judgement.

https://www.youtube.com/watch?v=gh_C0gEkRXs


29 posted on 02/16/2024 6:11:48 PM PST by Boomer (The Long Winter is coming...)
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To: ChicagoConservative27
Speaking of panic mode---


30 posted on 02/16/2024 6:12:56 PM PST by Right_in_Virginia ( )
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To: struggle

He will ask the underwriter of the Truth Social deal to lend him the cash with 3-5X collateral coverage or he may put Mar-a-Lago up as collateral to prove how valuable it is.


31 posted on 02/16/2024 6:14:58 PM PST by Andy from Chapel Hill (Wind energy windmills remove the energy from the wind, which causes global warming.)
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To: ChicagoConservative27

He just made $4 billion in his truth social tech stock today, I’m sure this verdict had nothing to do with it. I’m sure his poll numbers ascended as well.


32 posted on 02/16/2024 6:15:58 PM PST by FrdmLvr
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To: ChicagoConservative27

Avenatti, their fave, was all tied up somewhere, they had to settle for Cohen.


33 posted on 02/16/2024 6:16:17 PM PST by sopo
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To: Right_in_Virginia

Another Chris Christy, without the baggage.


34 posted on 02/16/2024 6:17:43 PM PST by CMailBag (I)
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To: Skwor

Given real estate is a moving target, I had him at between $4-8bln before this windfall.

People have no idea how big his empire is. He employs 10s of thousands.


35 posted on 02/16/2024 6:19:33 PM PST by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: Reverend Wright

There’s so many examples here every day.
I think there’s four on the first page right now.


36 posted on 02/16/2024 6:19:44 PM PST by EEGator
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To: ChicagoConservative27

It will be appealed.


37 posted on 02/16/2024 6:23:05 PM PST by Blood of Tyrants ( "It is easier to fool people than to convince them they have been fooled."- Mark Twain)
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To: Andy from Chapel Hill

>he may put Mar-a-Lago up as collateral to prove how valuable it is.

Wouldn’t that be a blast. There’s a zillow of a 1/8 acre lot in Palm Beach that’s 40 mil.


38 posted on 02/16/2024 6:24:19 PM PST by struggle
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To: ChicagoConservative27

He’s just repeating the hate-Trump gang’s talking points.


39 posted on 02/16/2024 6:24:29 PM PST by mass55th (“Courage is being scared to death, but saddling up anyway.” ― John Wayne)
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To: ChicagoConservative27

Judgement vs actually paying it........


40 posted on 02/16/2024 6:27:26 PM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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