General Discussion
In reply to the discussion: Earlier today AverageOldGuy posted the idea that possibly Russian money was behind Trump's bond. [View all]Warpy
(114,695 posts)It's his only true talent.
Whether it's a bunch of assholes like fellow billionaires or members of the Russian mob, it's all the same. It's people are stting on piles of stolen money and who think "investing" in him will get them what they want, and they're right, whether it's more tax cuts or the complete destrution of this country as a representative democracy. One group will defjnd the government to destroy it and the other will simply turnhim loose to destroy it outright.
I doubt he sold enough stock to post the bond and he has no other collateral, his buildings and businesses mortgaged to the hilt and/or up for seizure.
Nobody else would trust that thing with money. While an appellate court will likely reduce the payout by a lot, it is still likely to be in the seven figures. That's a bad bet for the usual lenders.