Donald Trump - MAGAtwat news and discussion

[gosub]

Not, surely, if Trump had been deprived of the asset by the NY courts, and the only assistance required at this end was for local bailiffs assisted by Greater Strathclyde Police to go in and change the locks.

That eventuality could happen. Ahead of sale...to be put towards anything outstanding on the fine

 

[andysays]

A few more details from the BBC

"In the unusual circumstance that a bond of this size is issued, it is provided to the largest public companies in the world, not to individuals or privately held businesses," the lawyers also said. Mr Trump's team added that they had spent "countless hours negotiating with one of the largest insurance companies in the world" with no success. They also said bond companies would not accept "hard assets such as real estate as collateral" for the bond, but only cash or "cash equivalents", such as investments that can be quickly liquidated. According to a Forbes estimate, Mr Trump is worth about $2.6bn. He also testified last year that he had $400m in liquid assets.

But the $464m judgement is not his only expense. He was ordered to pay $83m in January after losing a defamation case to E Jean Carroll, a woman he was found to have sexually abused. He has already posted a bond in that case. New York's attorney general has vowed to seize his assets if he does not pay the fraud penalty. The penalty will keep accruing interest by at least $112,000 per day until he pays.

 

[andysays]

Presumably if he can't arrange a loan to cover the bond, he will have to liquefy enough assets to pay the $464m himself.

 

[Silas Loom]

Presumably if he can't arrange a loan to cover the bond, he will have to liquefy enough assets to pay the $464m himself.

Unless he believes that it outrages his base more for the wicked corrupt Democrats to seize the assets from Honest Don.

 

[gosub]

I wonder if the DA will end up with a copy of a detailed break down of the US$557 mil estimate

 

[Raheem]

Presumably if he can't arrange a loan to cover the bond, he will have to liquefy enough assets to pay the $464m himself.

I would also guess that he will only be able to liquefy assets that are not currently securing a loan.

 

[Zapp Brannigan]

A desperate seller is not in a strong negotiating position. Trump Tower could be available for a knock-down price.

Alternatively, it could be insured for eleventy-seven trillion (based on a square footage 36 times the size of Manhattan), so it mysteriously burns down; Insurance refuses to pay out and it's handed over to prosecutors as further evidence of the exact same fraud that landed DT with the massive fine in the first place. Faced with the prospect of now criminal charges and a near-certain whole life spell in clink, Trump self immolates in the middle of Time Square; all his remaining assets are seized to cover debts and his legacy to his disgusting offspring is reduced to nothing but the forever tainted surname, and they'll all be relentlessly mocked at every turn for the remainder of their miserable destitute days.

Could happen.

 

[gosub]

I for one, am outraged by the forthcoming fire(s)

Pretty sure van der Lubbe would vote Dem

 

[gosub]

A desperate seller is not in a strong negotiating position. Trump Tower could be available for a knock-down price.

Alternatively, it could be insured for eleventy-seven trillion (based on a square footage 36 times the size of Manhattan), so it mysteriously burns down; Insurance refuses to pay out and it's handed over to prosecutors as further evidence of the exact same fraud that landed DT with the massive fine in the first place. Faced with the prospect of now criminal charges and a near-certain whole life spell in clink, Trump self immolates in the middle of Time Square; all his remaining assets are seized to cover debts and his legacy to his disgusting offspring is reduced to nothing but the forever tainted surname, and they'll all be relentlessly mocked at every turn for the remainder of their miserable destitute days.

Could happen.

Really bad time to be selling commercial real estate...A Canadian finanical services company just gave away its holdings in NY real estate for a dollar

 

[Smangus]

What about an Urban whip round to buy Trump tower?

 

[prunus]

Your post was so sensible that I assumed “belay” wasn’t a typo, and was - reasonably enough - a technical term relating to the securing of assets.

It is actually used in financing, with a similar meaning to that as used by captain Picard in “Belay that order!”

 

[Yossarian]

What about an Urban whip round to buy Trump tower?

Good plan, let's wait until Trump visits his penthouse before we inform him that he's evicted - and banned from using the lift

 

[Silas Loom]

What about an Urban whip round to buy Trump tower?

Do we rename it the E Jean Carroll building or the Cheese and Bean Plaza?

 

[Raheem]

It is actually used in financing, with a similar meaning to that as used by captain Picard in “Belay that order!”

Trump should avoid belaying anyone else or he'll end up with no money.

 

[cupid_stunt]

What about an Urban whip round to buy Trump tower?

That could work, we could buy Trump tower, then Rough Sands Fort, commonly known as 'Sealand', and make him Clown Prince Prick of it, where he couldn't do any damage.

Principality of Sealand - Wikipedia

en.wikipedia.org

 

[DotCommunist]

What about an Urban whip round to buy Trump tower?

do we recon the concrete in Trump Towers is as friable as the PFI school specials or no? Because we all know who runs construction in ny and how dodgy trump is. Its death trap imo.

 

[WouldBe]

What about an Urban whip round to buy Trump tower?

A few cents each should do it.

 

[WouldBe]

It is actually used in financing, with a similar meaning to that as used by captain Picard in “Belay that order!”

It could mean a slow descent into the abyss.

 

[a_chap]

Here's a nice summary of trump's legal position.

 

[two sheds]

Can they only claim his New York registered property/companies though or the lot?

 

[Smangus]

Wonder why they all think he is so risky?

 

[prunus]

Here's a nice summary of trump's legal position.

Well I hope that guy is right.

 

[WouldBe]

Wonder why they all think he is so risky?

But but he's honest Don.

 

[two sheds]

Wakanda - Wikipedia

 

[A380]

 

[teqniq]

Should Trump return the the White House, this is a taste of the foreign policy likely to be meted out wrt to Palestinians. Kushner is scum:

Jared Kushner says Gaza’s ‘waterfront property could be very valuable’

Donald Trump’s son-in-law also says Israel should bulldoze an area of the Negev desert and move Palestinians there

www.theguardian.com

 

[two sheds]

Oh dear. Oh dear oh dear. Oh dear oh dear oh dear.

 

[krtek a houby]

Oh dear. Oh dear oh dear. Oh dear oh dear oh dear.

View attachment 416541

For real?

 

[two sheds]

Can't see that it's confirmed but that's anyway supposed to be the plan, part of the Can't Raise the Bond story.

I like the popcorn though.

 

[Zapp Brannigan]

Oh dear. Oh dear oh dear. Oh dear oh dear oh dear.

View attachment 416541

Start with his golf clubs. That would right piss him off.