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Donald Trump may not pay bond — and instead let Letitia James seize Trump Tower: insiders
NY Post ^ | 03/20/2024 | Jennifer Gould

Posted on 03/20/2024 6:43:47 AM PDT by ChicagoConservative27

As Donald Trump faces a Monday deadline to post a $454 million bond in the civil fraud case against him in New York, insiders said he may be weighing a little-discussed option: Do nothing.

The ex-president reportedly has been struggling to raise the cash for the bond — either from banks or wealthy friends — with his lawyers claiming on Monday that it was a “practical impossibility.”

While some reports have raised speculation that Trump may “go nuclear” with a Chapter 11 filing to protect his prize real estate assets across Manhattan, experts said bankruptcy would create unwelcome complications as the 2024 election season comes to a head.

“He’s been there and done that,” one insider close to Trump said, dismissing the prospect of a Chapter 11 filing.

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


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: billionaire; bond; james; tower; trump
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To: nopardons

You are a very angry sounding soul. I hope you can find peace.

You made the allegation without a basis for saying so? I don’t think that is what you meant.


181 posted on 03/20/2024 5:42:28 PM PDT by LachlanMinnesota
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To: ChicagoConservative27

I got 2 solicitations from Trump team today, basically if there are at least 25 million MAGA supporters who are willing to put their money where their mouth is, at just $20 eac, he would have his money for a bond.

Instead I keep hearing how people want Musk to bail him out, not understanding that billionaires like Trump and Musk are usually cash poor (relatively so)


182 posted on 03/20/2024 5:53:01 PM PDT by TECTopcat
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To: Alberta's Child
Aaaaaaaaaaaaaaaaaaaaaaahhhhhhhhhhhhhhhhhhhhh...but YOU did NOT specify RETAIL, in your post. And since NOBODY, but I mentioned the fact that the vast majority of Trump Towers is CONDOMINIUM, you garnered the reply I posted to you.
183 posted on 03/20/2024 6:07:56 PM PDT by nopardons
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To: butlerweave

“... are they really THAT stupid ?...”

Need you ask?


184 posted on 03/21/2024 4:42:21 AM PDT by SMARTY ("A lie which is half a truth is ever the blackest of lies." Tennyson)
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To: neverbluffer

Or trusts.

Trump is way ahead of these leftist idiots, I really believe that. They are playing in his sandbox plus he has great lawyers.


185 posted on 03/21/2024 10:10:13 AM PDT by isthisnickcool (1218 - NEVER FORGET!)
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To: lodi90

So, when are you going to NYC to do business or pleasure?


186 posted on 03/21/2024 10:15:15 AM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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