It’s pretty clear he doesn’t have the cash to pay the judgement in full, and will need to sell illiquid assets at a discount in order to pay the full amount.

    • @Weirdfish@lemmy.world
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      241 year ago

      Well, it better not be. I suspect the outcome of this election is going to determine how a lot of things work.

      • @ironhydroxide@sh.itjust.works
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        81 year ago

        Seriously. It’s not so far out of what he’s already done, to claim that the president actually owns anything that is federal property, and then sell some off to pay those debts to the states.

  • Treczoks
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    21 year ago

    It’s pretty clear he doesn’t have the cash to pay the judgement in full, and will need to sell illiquid assets at a discount in order to pay the full amount.

    Good. I love to see him wince. If he has to liquidate everything penny to the pound, even better.

  • Florida Man who claimed to own billions loses court case and is too poor to pay what is ordered, begs court for mercy after complaining judgement is too harsh.

  • @whoscheckingin@lemmy.ml
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    21 year ago

    He’s gonna come back and deal a huge blow when he eventually is elected this November, don’t know how we all gonna handle this crybaby…

  • @Treczoks@lemm.ee
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    301 year ago

    When will he learn that this is not one of his crooked deals, but a “pay up or shut up” situation? I hope he’ll have to sell his real estate pennies to the dollar.

    What will happen if everything is sold and he is still in debts?

    • @orbitz@lemmy.ca
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      141 year ago

      Learn? Trump has a handful of actions that he repeats since it’s work his whole life, sue, whine loudly how badly he’s treated, threaten, commit large amounts of fraud like it’s going out of style. Hopefully he’ll finally have reprocussions in action (know we’re waiting on time while he is supposed to pay) but I doubt he’ll actually learn, he’ll just go back to his whining.

      I always thought if it was a fighting game sue would be his default attack button.

    • @Hazzia@discuss.tchncs.de
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      81 year ago

      I hope he’ll have to sell his real estate pennies to the dollar

      Specifically pennies to the dollar on their real, not fraudulently over-inflated worth.

    • @kwking13@lemm.ee
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      331 year ago

      You’ve never been a rich privileged white man I see. Trump’s only thoughts are “surely this can’t be fair, there’s gotta be something we can do to come to a better agreement” and he’ll continue to be flabbergasted by any other result because he’s never had to deal with real consequences in his life.

  • @medgremlin@midwest.social
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    791 year ago

    I want them to seize the Trump tower and turn it into low-income housing and a job training/community college with whatever liquid assets they do squeeze out of him. Use the disgorgement to help the people of New York have better lives.

      • @medgremlin@midwest.social
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        31 year ago

        Change it to Alice Paul and we might have something going there. (But housing, job training, and education are some of the most needed things in low-income communities.)

        https://en.wikipedia.org/wiki/Alice_Paul (Of note, Alice Paul was against abortion as were many of the suffragettes as they viewed it as a form of exploitation. However, her legacy as a leader in the women’s rights movement and in nonviolent protest are very important to world history as a whole. There is some debate about this, but it has been claimed that Ghandi kept correspondence with her and learned from her example of nonviolent protest.)

  • @ZeroCool@slrpnk.net
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    951 year ago

    Donald J. Trump offered a New York appeals court on Wednesday a bond of only $100 million to pause the more than $450 million judgment he faces in his civil fraud case, saying that he might need to sell some of his properties unless he gets relief.

    It was a stunning acknowledgment that Mr. Trump, who is racing the clock to either secure a bond from a company or produce the full amount himself, lacks the resources to do so.

    Once a deadbeat always a deadbeat.

  • @stoly@lemmy.world
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    641 year ago

    LOL I love the idea that you can negotiate here. It’s pretty clear that they really don’t understand the ramifications of what has happened.

    When Trump was first elected, it was clear that they never actually planned to win and govern. They had no plan, no staff in place, nothing. They literally didn’t understand that you needed to do that.

    If Trump had just stayed a celebrity real estate agent, nobody would have paid much attention to his business dealings. It’s clear that they didn’t understand that life would change after becoming a political figure. The same keeps happening–they can’t seem to get that he’s not a private business person whose dealings are opaque.

    • DrMango
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      21 year ago

      That’s what kills me. This guy could have lived out the rest of his days banging pornstars and defrauding investors and no one would have raised an eyebrow until the posthumous Netflix documentary, but no, he had to go and accept the most public job in the country.

      He chose this.

    • @Dagwood222@lemm.ee
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      461 year ago

      If Donnie had just stepped back and let Fauci and the professionals take over, he’d have won 2020.

      Heck, he could ahve extorted billions out of the Saudis just by suggesting he might change US policy.

      All his failures are about his pride.

      • @BakerBagel@midwest.social
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        281 year ago

        Literally all he had to do was start selling red MAGA masks. Instead he encouraged millions of his supporters to avoid quarantine, dont wear masks, and take homey cures and it cost him the election. Wonder how many of the hundred thousand plus COVID deaths in Georgia were Trump supporters?

            • @Dagwood222@lemm.ee
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              61 year ago

              If I had an interview with Trump, I wouldn’t go after his big lies. I’d keep hammering away at all the little ones.

              “Who is John Barron?”

              “Who were the detectives you sent to Hawaii to investigate Obama’s birth certificate.”

              “Why did you say you had walked in on the Miss Teen USA contestants?”

              This are three that instantly come to mind, but I’m sure I could find hundreds more

              • @PrincessLeiasCat@sh.itjust.works
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                1 year ago

                I feel like anytime he’s face with facts, he changes the subject and starts rambling again. Sea lioning Gish Gallop I believe it’s called. Multiple reporters have tried to do what you suggest, but mostly it’s futile. His brain only knows how to construct incoherent rambling and insults.

                One Axios reporter did do a good job once though iirc.

                Edit: Gish Gallop is the term I was looking for, as gracefully pointed out below! Thank you!

        • @tigeruppercut@lemmy.zip
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          61 year ago

          He’s way too stupid to see beyond a day or two in the future, so when covid hit cities and he realized dem voters were dying he came out against any protective measures. He couldn’t understand that it would eventually mean more of his cultists would die off.

      • @nxdefiant@startrek.website
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        61 year ago

        If he had the capability to put competent people in positions and then let them do their job, then he may have been a successful President instead of a raging nuclear tire fire.

  • @snooggums@midwest.social
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    1 year ago

    It’s like someone playing Monopoly who has to start selling hotels and houses to pay off the Street Repairs card from the Community Chest asking to pay $100 instead.

    Street Repairs: You are assessed for street repair. $40 per house. $115 per hotel

    There should be zero leniency for Trump. Make him sell those hotels at a loss if necessary.

    • @RamblingPanda@lemmynsfw.com
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      111 year ago

      You mean face consequences like a normal person? That’s a nice idea, a completely new concept. Consequences for the rich, how delightful!