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Irish_Dem

(81,266 posts)
1. He has some cash to make payroll.
Wed Mar 20, 2024, 09:34 PM
Mar 2024

But we don't know how much.

Some of his cash is most likely in offshore accounts.

Also a friend could cut him a deal in the next couple of days.

FalloutShelter

(14,466 posts)
2. We are being played
Wed Mar 20, 2024, 09:42 PM
Mar 2024

Truth Social is going public on Friday and the stock sales are expected to bring TSF 3.5 billion.
This from the WSJ
https://www.wsj.com/finance/stocks/trump-is-in-line-
for-a-3-5-billion-windfall-from-his-stake-in-truth-social-eae58c9d

Irish_Dem

(81,266 posts)
12. But he has to sit on the money for 6 months.
Wed Mar 20, 2024, 11:02 PM
Mar 2024

Not sure if anyone wants to risk using it for collateral.
Maybe the courts will let him delay, who knows?

oregonjen

(3,643 posts)
3. I'm in the "I'll believe it when I see it" camp
Wed Mar 20, 2024, 09:46 PM
Mar 2024

Hard for me to think he’s actually going to suffer financially and be humiliated.

magicarpet

(18,511 posts)
4. The alpha macho manly action figure who paints his toenails with tangerine nail polish is short the money to be able,...
Wed Mar 20, 2024, 09:47 PM
Mar 2024

... to post a bond so he can appeal his fraud judgment.

I thought he was a 12X $$$$$ billionaire - now he is strapped for cash and begging for mercy from the court ?

Sumthin don't make sense.....

PatSeg

(53,214 posts)
5. Oh, I don't know
Wed Mar 20, 2024, 10:10 PM
Mar 2024

I always got the impression that Trump rarely had much available cash on hand. He was known for relying heavily on debt to function as a businessman. We don't even know how leveraged his properties are, but I would assume quite a bit. So those properties are probably worth less to him than it would appear.

If Trump does have more cash than he is claiming, then it is probably from some foreign entity like Russia or Saudi Arabia.

 

brush

(61,033 posts)
9. Nope, he's an oxymoron...a broke ass "billionaire."
Wed Mar 20, 2024, 10:17 PM
Mar 2024

He can grift all he wants from maga-morons but half a billion is not going to be raise from chump change donations of 5, 10 and 25 dollars.

Come Monday NY AG Tish James is going to start moving on his properties, most of which he still owes money on.

Deuxcents

(26,916 posts)
10. He's bankrupt in character and finances. One thing he is good at is lying..
Wed Mar 20, 2024, 10:23 PM
Mar 2024

I’ll wait until Monday to see if he comes up with the bond money.

Emile

(42,289 posts)
11. He is saying to the world he can be bought and
Wed Mar 20, 2024, 10:28 PM
Mar 2024

now everyone knows the price. If he wins the election, good chance Putin will be in charge of the United States.

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