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re: Appeals Court Cuts bond to 175 Million and extends time to pay(10 Days)

Posted on 3/25/24 at 10:25 am to
Posted by teke184
Zachary, LA
Member since Jan 2007
96437 posts
Posted on 3/25/24 at 10:25 am to
Still may not be able to find someone willing to cover $175m as a bond.

Who has that kind of liquidity other than the banks who lent Trump the money to begin with and said there was no fraud?
Posted by No Colors
Sandbar
Member since Sep 2010
10491 posts
Posted on 3/25/24 at 10:31 am to
quote:

Still may not be able to find someone willing to cover $175m as a bond.



He testified under oath that he had over $400 million cash on hand over 6 months ago and said it was growing substantially every month. So if that's true then he should be able to wire out $175mm without crippling his ability to operate his business
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15785 posts
Posted on 3/25/24 at 11:22 am to
quote:

Who has that kind of liquidity other than the banks who lent Trump the money to begin with and said there was no fraud?


It would be great if he could get a letter of credit from Deutsch Bank.

Wonder if he’d have to go through Lloyd’s to find surety.
Posted by tommy2tone1999
St. George, LA
Member since Sep 2008
6795 posts
Posted on 3/25/24 at 4:55 pm to
quote:

Still may not be able to find someone willing to cover $175m as a bond.

When asked by reporters, "What's your collateral on the bond?" when Trump was walking away, he turned and said, "CASH" then left

BOOM!

X.com Video
This post was edited on 3/25/24 at 4:56 pm
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