Less than a month after New York Attorney General Letitia James said she would be willing to seize former Republican President Donald Trumpā€™s assets if he is unable to pay the $464 million required by last monthā€™sĀ judgmentĀ in his civil fraud case, Trumpā€™s lawyers disclosed in court filings Monday that he had failed to secure a bond for the amount.

In the nearly 5,000-page filing, lawyers for TrumpĀ saidĀ it has proven a ā€œpractical impossibilityā€ for Trump to secure a bond from any financial institutions in the state, as ā€œabout 30 surety companiesā€ have refused to accept assets including real estate as collateral and have demanded cash and other liquid assets instead.

To get the institutions to agree to cover that $464 million judgment if Trump loses his appeal and fails to pay the state, he would have to pledge more than $550 million as collateralā€”ā€œa sum he simply does not have,ā€Ā reportedThe New York Times, despite his frequent boasting of his wealth and business prowess.

  • FrostyTheDoo@lemmy.world
    401Ā·
    4 months ago

    Can you please just tell me what the racist part is?? Is it misrepresenting her personality that makes it racist? Iā€™m telling you I genuinely do not understand and Iā€™m trying to learn something from you but you seem hell bent on making people out to be racists instead of actually informing people about the topic.

    In that case I think youā€™re racist because you have misrepresented my personality.