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That won't help him with the civil fraud case since he has to come up with the money in a week and as Soen mentioned above it will take months for him to close the Truth Social deal.The deal values Trump's majority stake in the company that holds his app Truth Social at about $3.3 billion. The windfall could prove vital as Trump grapples with the financial fallout of a string of legal cases against him, including a $454 million judgment in a civil fraud case in New York.
Maybe Putin's coffers are getting too low so Trump needs a new pocket to live in.Trump getting richer by being an asshole once more... or so.
March 22 (Reuters) - Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a merger currently worth about $5.7 billion.
The deal values Trump's majority stake in the company that holds his app Truth Social at about $3.3 billion. The windfall could prove vital as Trump grapples with the financial fallout of a string of legal cases against him, including a $454 million judgment in a civil fraud case in New York.
DWAC was created with the help of ARC Capital, a Shanghai-based firm specializing in listing Chinese companies on American stock markets that has been a target of U.S. Securities and Exchange Commission (SEC) investigations for misrepresenting shell corporations.[3][4][5]
How is that even legal, America.
I'm not so sure that it is. But, hey, if it ultimately bankrupts the RNC, I'm okay with it.How is that even legal, America.
Political parties make their own rules and are not covered by federal law (except for the obvious like Murder, Arson, and Jaywalking).How is that even legal, America.
Former President Donald Trump claimed early Friday that he has "almost" $500 million in cash, undercutting his lawyers' claims that he would not be able to comply with the $464 million judgment against him and his co-defendants in the civil fraud case brought by New York Attorney General Letitia James.
Make that a quarter, to make sure he can afford the rent.Rename it Obama Tower. And put Obama's name on it in big gaudy letters. And let Trump keep.his apartment or whatever, for like a tiny $1 a month bill, JUST so every month he gets a bill.in the mail from."Obama Tower."
A New York appeals court on Monday agreed to hold off collection of former President Donald Trump’s more than $454 million civil fraud judgment — if he puts up $175 million within 10 days.
If he does, it will stop the clock on collection and prevent the state from seizing the presumptive Republican presidential nominee’s assets while he appeals. The appeals court also reversed other aspects of a trial judge’s ruling that had barred Trump and sons Eric Trump and Donald Trump Jr., the family company’s executive vice presidents, from serving in corporate leadership for several years.
Is there any doubt left that the entire US court system is in Trump's pocket? I'm so fucking sick of that asshole getting handled with kid gloves and getting preferential treatment all the time!Gotta feel sympathy for poor, poor Donald.
Court agrees to block collection of Trump’s massive civil fraud judgment if he puts up $175M
he was bragging about having half a billion in cash. $175 million in ten days should be a snap.Is there any doubt left that the entire US court system is in Trump's pocket? I'm so fucking sick of that asshole getting handled with kid gloves and getting preferential treatment all the time!
They didn't lower it to 1.75 USD.Is there any doubt left that the entire US court system is in Trump's pocket? I'm so fucking sick of that asshole getting handled with kid gloves and getting preferential treatment all the time!
Oh, he was definitely lying. It would have been sooo nice to see him hoisted on his own petard.he was bragging about having half a billion in cash. $175 million in ten days should be a snap.
Or was he lying to the court.
Chances are? Can you provide any evidence to back up your claim?They didn't lower it to 1.75 USD.
So chances are he can't produce that kind of money either in 10 days.
I'm focused on people being treated the same under the law. Not rich guys gets tons of breaks from the law because no reason.People should not focus and hope for the courts to bring him down.
Well, yes. But Sid's right. We can't hope for the courts to save us from the orange blob. We need to get out and VOTE in numbers that dwarf our 2020 turnout and make sure he never steps foot in the White House ever again.I'm focused on people being treated the same under the law. Not rich guys gets tons of breaks from the law because no reason.
On the other hand, lack of money should not be a reason that one can't appeal in court.I'm focused on people being treated the same under the law. Not rich guys gets tons of breaks from the law because no reason.
IDK, it's a civil appeal. He was found guilty of ripping people off and they should be paid. The money is being held in trust for them. Criminal appeals don't require bonds. At least that is my understanding, IANAL.On the other hand, lack of money should not be a reason that one can't appeal in court.
The possibility to appeal should be available for everyone, rich and poor.
Even for orange assholes IMHO.
Who said otherwise? And yet I still want Trump to do time, and pay out on his frauds, and all the lies and the rape and all the rest of it. WE CAN WANT ONE THING AND DO THE OTHER AT THE SAME TIME.We can't hope for the courts to save us from the orange blob. We need to get out and VOTE in numbers