• sin_free_for_00_days
    link
    fedilink
    arrow-up
    54
    ·
    4 months ago

    Dementia J Trump can’t even come up with $83M. It’s going to be interesting how low the prices go during his estate fire sale to come up with 1/2 a billion. What a loser.

  • ZeroCool@slrpnk.net
    link
    fedilink
    English
    arrow-up
    48
    arrow-down
    1
    ·
    4 months ago

    A New York judge on Thursday denied Donald Trump’s request for a temporary delay of the penalties in E. Jean Carroll’s defamation case, leaving the former president three days to pay or post a bond for the entire $83.3 million judgment.

    lol

    Pay up deadbeat.

    • elliot_crane@lemmy.world
      link
      fedilink
      arrow-up
      45
      ·
      4 months ago

      Posted this once before and I’m gonna keep going until it no longer amuses me:

      One of the ex-presidents of a very big country stood up and asked me, he said to me, “Well sir, if I don’t pay and I’m charged by the court - will you protect me?”. I said “You didn’t pay? You’re delinquent?” He said “Yes let’s say that happened.” No, I would not protect you. In fact, I would encourage the attorney general to do whatever the hell she wants. You gotta pay. You gotta pay your bills.

  • kmartburrito@lemmy.world
    link
    fedilink
    arrow-up
    43
    arrow-down
    1
    ·
    4 months ago

    Awww, too bad…Guess he spent all his money on adult diapers and wedges to put under the front of his shoes so his fat ass doesn’t fall on his loser fake ass spray tan face.

    Get fucked, you piece of shit garbage human being.

    • Death_Equity@lemmy.world
      link
      fedilink
      arrow-up
      15
      arrow-down
      1
      ·
      4 months ago

      Even if he has a net worth that is legitimately where he claims(it isn’t), he would not have tens of millions available. All his money would be in properties, bonds, stocks, and some squirreled away in Russian nesting dolls of accounts overseas. You don’t keep millions in the bank when inflation is where it is at, putting it in property or other assets is safer and more profitable.

      With actual billions in net worth, he would probably have to lose tens of millions to have $83m transferrable in “short” notice and it could take weeks.

      The $83m is probably doable, the half billion is probably going to need outside financing or property loss. So we will see a better picture of things when some of his properties go up for sale at a deep discount compared to his appraisal. Lol

      • partial_accumen@lemmy.world
        link
        fedilink
        arrow-up
        14
        ·
        4 months ago

        The $83m is probably doable, the half billion is probably going to need outside financing or property loss.

        Real billionaires just use their assets (those properties, bonds, and stocks you mentioned) as collateral against a loan. They could then take the weeks or months needed to liquidate other assets at maximum value to pay off the loan.

        I mean, you don’t even need to be a only 1%-er to get a loan against your stocks with a Pledge Asset Line (of credit).

        " What is a Pledged Asset Line?

        A Pledged Asset Line from Charles Schwab Bank, SSB (“Schwab Bank”) is a non-purpose line of credit that allows you to borrow against the non-retirement assets in your portfolio—without having to liquidate your investments."

        • Death_Equity@lemmy.world
          link
          fedilink
          arrow-up
          8
          ·
          4 months ago

          Absolutely, but he is likely overleveraged against inflated assets. He still owes on multiple properties and at least one of his NYC properties he can’t sell for a couple decades.

          Luxury properties aren’t selling very well right now. It could take years to sell off enough to cover the $84m, I think Mar a lago would need to be sold to cover the half billion. He can of course find a buyer quickly from outside the country, but sanctions could be a problem.

        • Pup Biru@aussie.zone
          link
          fedilink
          arrow-up
          5
          ·
          4 months ago

          the most amazing thing about this is the fraud case proved that his assets aren’t worth what he says so getting a loan against them is going to be damn near impossible! 🥹

      • Gerudo@lemm.ee
        link
        fedilink
        arrow-up
        2
        ·
        4 months ago

        The problem is finding a legitimate bank that would even attempt a loan with him.

  • ikidd@lemmy.world
    link
    fedilink
    English
    arrow-up
    11
    ·
    4 months ago

    If he manages to pay this, I think a thorough investigation into the sources of the money are in order.

  • BoxerDevil@lemmy.world
    link
    fedilink
    arrow-up
    7
    arrow-down
    1
    ·
    4 months ago

    He is going to come up with some ultra petty way to pay. Like paying in 2300 tons of pennies