OK, for argument's sake, say Da Judge does go ahead and confiscate Trump Tower.  The bulding doesn't pay the fine, it has to be sold.  Even if a buyer can be found, how much would they pay for it?  I doubt it would cover the whole judgement, even if there aren't liens against it, which I am sure there are.  If the sale price doesn't cover the liens, will the creditors even allow the building to be sold?  They might demand it be held until the market "recovers" and it can fetch a higher price.  In any event, I can't imagine such a sale could be completed and the deal closed in under a year.  There's only maybe 8 months until the election.

Then the idea that The Donald has rich friends who will pass the hat and fork over the fine for him.  That is ludicrous, he can't even find anybody to loan him enough to pay a bail bondsman.  Some other Billionaire is going to give him the cash?  Is Elon Musk really that stupid?

So right now, I can't see where the cash is going to come from to pay this bill.  Which I would think means that until it is either paid or he gets some kind of extension, Da Judge would have to attach not just Trump Tower, but ALL his properties, bank accounts, etc.  There's no guarantee the Trump Tower alone can pay the bill.

If he did indeed have all his assets frozen, how would he run his POTUS campaign?  Wouldn't the money he raises for that also be impounded?

Then, just confuse matters even further, what if he files Chapter 11 Bankruptcy?  Then there is another judge involved who is supposed to oversee the liquidation and sale of assets.  HTF can that get done before the POTUS election?

Can't wait to see how this one gets worked out.

https://nypost.com/2024/03/20/business/donald-trump-may-not-pay-bond-and-instead-let-letitia-james-seize-trump-tower-insiders/

Donald Trump may not pay bond — and instead let Letitia James seize Trump Tower: insiders

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If he wins it will get worked out and other people will pay.

If he does not win he probably has enough stuffed away in Europe or wherever to finance couch surfing in style.

The Donald does not go away.

Quote from: K-Dog on Mar 20, 2024, 02:46 PMIf he wins it will get worked out and other people will pay.

If he does not win he probably has enough stuffed away in Europe or wherever to finance couch surfing in style.

The Donald does not go away.

In principle I agree with you, but in this case, the devil is in the details.  The NY AG can't look like shhe is wweak or being played, but at the same time the demodopes don't want it to look like it's a political witchhunt and they're trying to use The Donald's financial woes to steal the election.  Which is of course what they are trying to do, because they are too stupid and corrupt themselves to win it honestly.

Also, while I doubt His Royal Corruptness will end up Homeless living in a tent on Skid Row, he's such a public figure that if he did have his corporate self liquidated in bankruptcy, in a couple of years if he's still flying around in his Private Jet and sipping Margueritas in Mar-a-lago, I would think that would be pretty embarassing for the Demodopes, as well as the legal system.  I mean sure, we've come to accept that rich criminals never really get punished, but usually they fade into obscurity.  The Donald is too much of a narcissist to drop out of the limelight, at least until he is dead.

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It's getting a bit clearer as to what will (NOT) happen as far as Don Trumleone's fines are concerned to cover his bail while he waits for his appeal.  Da Judge won't try to sell the real estate like Trump Tower, which as I mentioned is so encumbered by liens NYS wouldn't get much after the other creditors got paid off first, nor can The Donald raise the money by begging his army of idiots or sympathetic billionaires either.  All that is gonna happen here is that Trump Tower and a couple  of other high profile properties will be held in Escrow while the appeal process plays out.  While any income these properties produce won't be available to him, it won't affect his daily living expenses since those are all getting picked up by his reelection campaign donations.  Then if he wins his appeal OR get reelectted POTUS, the properties will just be handed back over to him.  No money will ever change hands.

Only IF he both loses his appeals all the way to the SCOTUS and the election would these properties ever have some chance of being sold.  Whether he could actually pay off the entire bill even by liquidating his entire empire will never be known.  All the sales of anything he owns will be held up in court for at least the next decade.  Even if he doesn't have a Mansion of his own in the Cayman Islands that doesn't get attached, I'm sure some friendly billionaire will give him one of his places to send Instagrams out to his troops from until he croaks.

All this free publicity + the sympathy vote will probably get him elected though, so in good 'ol Amerikan fashion, he'll end up richer than ever, and the NYS AG will go to prison for corruption.

That's how it goes in Amerika.  Everybody knows.


https://www.msnbc.com/rachel-maddow-show/maddowblog/trump-assets-new-york-letitia-james-rcna144548

Trump is trying to avoid a 'fire sale' of his empire. So is Letitia James.

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I definitely love the new nickname, except it's still a bit premature.  When he pulls out the credit card at Starbucks to pay for his Cappucino and it gets rejected, then we can have some real fun.   

https://www.independent.co.uk/news/world/americas/us-politics/don-poorleone-donald-trump-memes-bond-payment-b2517992.html

'Don Poorleone': Trump memes explode as deadline approaches for $464m bond payment

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