Donald Trump’s financial credibility is officially in shambles as he reportedly attempted to get monetary backing from 30 underwriters for his civil fraud case bond and lawyers reveal it will be impossible for Trump to make the bond. Sharon Reed and Jackson White break it down on The Damage Report.
Read more here:
Trump is unable to make $464 million bond in civil fraud case, his lawyers tell court – https://www.cnn.com/2024/03/18/politics/trump-464-million-dollar-bond/index.html
“CNN — Former President Donald Trump can’t find an insurance company to underwrite his bond to cover the massive judgment against him in the New York attorney general’s civil fraud case, his lawyers told a New York appeals court.
Trump’s attorneys said he has approached 30 underwriters to back the bond, which is due by the end of this month.
“The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,” Trump’s lawyers wrote. (Trump himself was ordered to pay $454 million; the $464 million includes the disgorgement for his adult sons Don Jr. and Eric.)
An insurance broker, Gary Giulietti, who testified for Trump during the civil fraud trial, signed an affidavit stating that securing a bond in the full amount “is a practical impossibility.””
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240318__DR01BreakingBond
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Do not forget that… TRUMP IS A LIAR . His money is hidden, but he has enough money. He will lie himself into the grave before he freely gives up his money.
If he’s got the money why approach 30 lenders …. Denied by all !
He’s going to be a millionaire after 6 month waiting for truth antisocial sale proceeds to come to fruition 🤩 ! Probably needs it to pay the rest of his court fees , debtors and endless lawsuits etc 🙈….
⚖️👍💙
They checked 32 pawn shops 😂
If he has it, pay it!
HE CALLED JARRED, THE INVESTMENT GUY,
JARRED TOLD HIM HE WAS NOT WORTH THE RISK!
Bezos has it cause bezos has Amazon stock. Gates has it cause he has Microsoft stock , Tesla too, buffet too trump has no stock to sell. He has buildings. Trump screwed. Screwed bad. Love it
He doesn’t even have the cash to pay this chick. Lol. Course campaign donors pay his legal fees. Suckers pay this chick for doing a crap job. Heeelariuos.
Yea got the cash when he sells his casa. Lol. I love it. The fool should have anticipated this and sold the golf course and others earlier , not that any one is going to buy it when the court is gonna sell it for Pennie’s on the dollar. No one will but trump tower at trump price. They gonna get it at New Yorks price. Hilarious. I love it !
I really can't stand this hosts delivery.
She's condescending and slow.
Has she ever read the material before? Like, great preparation.
Don the con has been living large most of his life by juggling debt with one shady deal after another. Never paying just debts and lying to business associates. What a guy! Let’s all vote for him!
Ask Putin to loan it to him.or Kim. He’s always claiming what incredible relationships he has with them. They must be laughing at America. 😂
His Barbie lawyer has the worse poker face in living history for a lawyer.shes useless.even more so when trump doesn’t pay her. But. I’ll bet you. You’ll put him right back into the White House. And you’ll learn a very hard lesson.
Maybe he could get a pay day loan😂.
He is a billionaire, but, he doesn’t actually own his own properties, they are all leveraged (read mortgaged) to the hilt.
So he is a billionaire that doesn’t actually own anything, banks own everything.
To use his own words, he is ‘the king of debt’
Its been an act since Apprentice, he's a joke, con man, racist, rapist, and his simple minded cult followers are banking his criminal acts.
Take Mar A Lago, then trump tower, then the golf courses. He'll have borrowed to the hilt on all of them, so hit him where it hurts the most first, and work down from there. F that dude and his bloody awful family
He is a billionaire that can’t pay! If you can’t pay the fine don’t do the crime.
The business community sees a second presidency for trump highly unlikely.
Trump’s bootlickers look ridiculous, constantly covering for him.
So…. Why isn’t Jared and Ivanka helping Daddy?!?!?
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