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Monday, February 26, 2024

Ben Meiselas: 'Donald Trump RUSHES NY Appeal, But WITH NO BOND'

Source:Meidas Touch looking at Defendant Don's lack of cash.

"Ben Meiselas reports on Donald Trump filing a notice of appeal in the NY civil fraud case despite not posting bond." 

From the Meidas Touch

"Donald Trump could be at risk of losing some of his prized properties if he cannot pay his staggering New York civil fraud penalty. With interest, he owes the state nearly $454 million — and the amount is going up $87,502 each day until he pays.

New York Attorney General Letitia James told ABC News that she will seek to seize some of the former president’s assets if he is unable to cover the bill from Judge Arthur Engoron’s Feb. 16 ruling.

Engoron concluded that Trump lied for years about his wealth as he built the real estate empire that vaulted him to stardom and the White House. Trump denies wrongdoing and has vowed to appeal." 


No offense to Ben Meiselas's statement here, but I think NY Attorney General Letitia James statement here is the key. I don't believe she would make a statement like that, if she were expecting Donald Trump to be able to come up with the cash, or has the cash, to even come up with the bond that he has to have first, to even be eligible for 450 plus and growing, million dollar judgement against him in New York State. 

The reason why I say this, is because the NY Attorney General probably not only has Mr. Trump's business records and his Trump Organization's business records, but she probably also has his personal financial records as well. She knows how much money this man is worth. And I''m not just talking about how much he's personally worth. Not his properties, but how much money Donald J. Trump has in his personal bank accounts. 

So it would be very foolish on Attorney General James part, to say that she's ready to start seizing Trump properties, to pay off the judgement against him, if she believed that he could personally financially do this. She's too good of a lawyer for that to make such a foolish statement like that. Mr. Trump, hasn't even posted a bond in the E. Jean Carrol case, which is 83 million. That's a lot money as well, but it's not even a 5th of what he owes New York State. 

So the bottomline here, is Donald Trump has 25 days to come with 450 million, perhaps 500 million by then, or he goes bankrupt, just as he's trying to run for President again, just as he's facing two felony convictions, in separate jurisdictions, by the end of this summer.

You can also see this post on WordPress.

1 comment:

  1. You can also see this post on WordPress:https://thenewdemocrat1975.com/2024/02/26/ben-meiselas-donald-trump-rushes-ny-appeal-but-with-no-bond/

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John F. Kennedy Liberal Democrat

John F. Kennedy Liberal Democrat
Source: U.S. Senator John F. Kennedy in 1960