The judge, however, lifted a ban on Trump’s ability to obtain loans from a New York bank, which could allow him to obtain the necessary funds
I don’t understand why he would be allowed to borrow money for this purpose. Seems to me that would be an opportunity to commit more fraud by using properties at inflated values as collateral.
Realistically, selling something like Trump Tower isn’t the same as getting cash for a car.
You mean he doesn’t have the cash on hand.
Realistically, if you need to sell your car, your .ode of transport to mount your appeal, it should be no easier for someone with investments that won’t impact their life, only their income.
Most rich people don’t have cash on hand and don’t want it.
I remember reading a story where a con man is talking about money. He tells his protege that if he wants to look like a rube he’ll pull out a fat wad of hundreds. If he wants to look like a doctor or lawyer he’ll use a premium credit card, but if he wants to look like a real high roller he’ll come in with an assistant who handles the payments.
It’s a little like physics. Different rules when you get to the quantum level.
Any bank lending to Trump is at high risk of losing money. He could’ve gotten a loan from any bank in any other state, right? How is having access to a bank in NY going to change anything?
Isn’t there a special master monitoring his finances? If so, I’m fine with giving him more rope
Hopefully, every bank is on to his scams at this point and would require 3rd party appraisals.
I would be more concerned that he would use it to launder money. For example, he can’t use campaign money to pay his civil judgment, but his campaign could “rent” some space and other services from Trump corp for exorbitant amounts to raise the funds to pay the loan. He has been using the scam to launder Russia mob money since the 80s.
I am sure there’s a Russian bank out there that will give him amazing terms on a “loan”.
So he borrows the money, posts the bond, loses, and either simply doesn’t repay the loan or his benefactors forget there ever was a loan.
For the love of humanity, can we please get some actual consequences to actually stick?
I wonder if any banks are braindead enough to loan him the cash.
They’ll be betting on him becoming president again and repaying them with reduced regulations.
His Russian oligarch buddies at Deutsche (Douche) Bank are all fund frozen
Time to hit up the Saudi’s
Maybe Credit Suisse (Sus) will help out— they are plenty dirty.
His trust fund allowance and his daily grifts of MAGA won’t save him.
