Looks like the Pincer is beginning to close on Trumpovetsky.  How will his Army of Dimwitted Rednecks react if the NY AG starts liquidating his RE holdings at Firesale prices?  In the current market for commercial RE, if he gets 50% of its assessed value, he'd be doing good.  What if the court can't find buyers at ANY price?  One imagines that if the AG tried to sell a building at a substantial loss, potential buyers would be worried that there would be years of litigation to follow.  Since all his properties are leveraged, how much he would actually get from a sale is impossible to determine, other creditors would want to be paid first before he sees any money.

There is the very real possibility that The Donald actually is a net debtor, and if all his properties were liquidated, he would have more debts than he could pay off,  AKA well and truly TOTALLY BANKRUPT.  ;D  That eventuality coming to pass, of a total liquidation of his empire is of course too much to hope for, but a boy can dream, right?  The Donald doing a perp walk in an orange jumpsuit heading for a cell on Rikers Island with Jamal Kareem Abdul Django Mohammed Ali Idi Amin Dada in a neatly tailored Tux to fit his 6'6" 300 lb frame and a jockstrap big enough to carry 2 soccer balls and a Louisville Slugger waiting for his new Prison Wife to join him in the Honeymoon Suite is too much too hope for but I can say my prayers tonight anyhow. lol.

https://www.bbc.com/news/world-us-canada-68600093

Trump unable to get $464m bond in New York fraud case, his lawyers say

RE