Started By
Message

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

Posted on 3/25/24 at 11:22 am to
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15780 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 tigersbh
Baton Rouge
Member since Oct 2005
10324 posts
Posted on 3/25/24 at 11:34 am to
quote:

If they start liquidating his properties and it gets overturned, the city and state of NY are in major financial trouble.


I hope so.
Posted by BobBoucher
Member since Jan 2008
16776 posts
Posted on 3/25/24 at 11:39 am to
I was watching MSDNC for melts.

They said there was no reason, precedent, or justification to lower the bond. Completely ignoring the 8th amendment.

They pivot heavily to the Bragg criminal trial and Jury selection April 15.

When Trump came out to talk, they went live, then immediately cut him off when he said this case was election interference.

They said he’s ignoring facts and Trump is actually guilty of election interference by paying Stormy.
This post was edited on 3/25/24 at 11:42 am
Posted by TBoy
Kalamazoo
Member since Dec 2007
23828 posts
Posted on 3/25/24 at 11:43 am to
quote:

He shouldn't have to pay anything in order to appeal, but at least that's a little relief.

Appealing is cheap. It's the bond to suspend the execution during the appeal that is expensive.

The reduction appears to be an appropriate move. No one is out any money during appeal. This is different than a civil judgment where someone has been shown to have suffered a loss in the amount of the judgment.
Posted by 11Eleven
Member since Feb 2023
100 posts
Posted on 3/25/24 at 11:44 am to
New conference at 1pm

From trump on truth :Will be having a News Conference at 40 Wall Street at 1 P.M. Thank you!
Posted by TDTOM
Member since Jan 2021
14833 posts
Posted on 3/25/24 at 11:47 am to
quote:

They pivot heavily to the Bragg criminal trial and Jury selection April 15.


How strong is this one? A jury trial in NY is a scary thought.
Posted by BuckyCheese
Member since Jan 2015
49817 posts
Posted on 3/25/24 at 11:50 am to
For comparison Bernie Madoff's bond was $10 million.

$175 million is still ridiculous.
Posted by BobBoucher
Member since Jan 2008
16776 posts
Posted on 3/25/24 at 11:59 am to
quote:

For comparison Bernie Madoff's bond was $10 million.


And he actually had victims. Trump doesn’t.
Posted by Auburn1968
NYC
Member since Mar 2019
19711 posts
Posted on 3/25/24 at 12:34 pm to
quote:

You are exactly right. It is why we need fewer lawyers making the laws. Lawyers love creating "job security" with their unconstitutional BS!!


There is a long history of that. It took an uprising in England to get the court to move to English common law and language.

Posted by BobBoucher
Member since Jan 2008
16776 posts
Posted on 3/25/24 at 12:41 pm to
quote:

How strong is this one? A jury trial in NY is a scary though


I don’t know how he isn’t convicted.

The NY jurors will feel it is up to them to prevent another Trump presidency, regardless of facts.

The question I have is if he’s found guilty, will they take him in to custody right there?
This post was edited on 3/25/24 at 12:42 pm
Posted by ole man
Baton Rouge
Member since Nov 2007
11761 posts
Posted on 3/25/24 at 12:45 pm to
I saw that on Pat Bet David podcast
Posted by Diamondawg
Mississippi
Member since Oct 2006
32354 posts
Posted on 3/25/24 at 1:04 pm to
Still ridiculous but not as ridiculous as that stupid activist judge that hits on young women at the gym.
Posted by Born2rock
Member since Oct 2022
910 posts
Posted on 3/25/24 at 1:18 pm to
Doesn’t matter….he will still lose his appeal and eventually have to pay what he owes. Simple as that.
Posted by BBONDS25
Member since Mar 2008
48671 posts
Posted on 3/25/24 at 1:21 pm to
quote:

Doesn’t matter….he will still lose his appeal and eventually have to pay what he owes. Simple as that.


no.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45851 posts
Posted on 3/25/24 at 1:46 pm to
quote:

Isn't the cost of the bond typically 10% or so of the value? Pretty sure that is how bail bonds work.
Pretty sure that's for typical crimes, but probably a little different when you try to overthrow the country.

JK
Posted by moneyg
Member since Jun 2006
56687 posts
Posted on 3/25/24 at 2:07 pm to
quote:

Where do people keep getting the idea you have to post an appeal bond in order to appeal? This isn't the case and has been explained numerous times here. The bond is to suspend the enforcement of the judgment.



...a distinction without a difference.

Some people can't see the forest through the trees.
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
Posted by WeeWee
Member since Aug 2012
40191 posts
Posted on 3/25/24 at 5:27 pm to
quote:

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



The liberal on X are shedding rivers of tears because Trump's properties are not being seized right now.
Posted by Wednesday
Member since Aug 2017
15466 posts
Posted on 3/25/24 at 5:34 pm to
quote:

In other news, Leticia James has brought racketeering charges against the appellate judges.


Posted by Y.A. Tittle
Member since Sep 2003
101664 posts
Posted on 3/25/24 at 5:35 pm to
quote:

They said there was no reason, precedent, or justification to lower the bond.


This is rich.
first pageprev pagePage 3 of 4Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram