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This is actually a major win for Trump. Engoron, by prohibiting him from taking out any loans from New York banks, effectively prohibited him from getting loans to cover the potential liability for this judgment and the Carol judgment because the only banks in the country that are basically able to do this kind of loan are New York-based banks. Now that part of the Engoron decision has been stayed and Trump is able to get the loans he needs to cover his potential liability and his obligation to post a bond. Each of the judgments being utterly preposterous, he has an excellent opportunity to prevail on appeal, meeting he should be able to find banks to cover this potential liability.
1 posted on 02/29/2024 7:49:54 AM PST by libstripper
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To: libstripper

Call Elon!


2 posted on 02/29/2024 7:53:23 AM PST by Highest Authority (DemonRats are pure EVIL)
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To: libstripper

Well, that is encouraging.
But how about the DWAC - Truth Social merger? Isn’t that going to give DJT some additional resources? Not sure how it translates into cash availability...


3 posted on 02/29/2024 7:53:48 AM PST by Honest Nigerian
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To: libstripper

New York is INSANE and CORRUPT.


5 posted on 02/29/2024 7:56:07 AM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: libstripper

he should be able to find banks to cover this potential liability.

unless, like the lawyers, the banks are afraid of helping because they might lose liberal customers.


7 posted on 02/29/2024 8:01:17 AM PST by PIF (They came for me and mine ... now its your turn)
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To: libstripper

Egomoron needs a good swift kick in his third world commie ass.


15 posted on 02/29/2024 8:23:16 AM PST by FlingWingFlyer (I know only one way to piss off the far-left RATSOs. Laugh at them.)
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To: libstripper

I wonder if the wording is such that the fines would allow them to be tax deductible, there are exceptions to deductible fines. Also now Trump can borrow the money, the interest expense should be deductible. Way to go NY.


17 posted on 02/29/2024 8:26:06 AM PST by Lockbox (politicians, they all seemed like game show hosts to me.... Sting…)
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To: libstripper
President Trump should use the same collateral at the same valuation for this bond loan.

-PJ

19 posted on 02/29/2024 8:26:58 AM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: libstripper

Now that the 1.7 trillion spend was declared unconstitutional all republican states attorneys need to file a lawsuit to remove any funding to New York that is still available.

Do Texas on steroids. The judge said if Texas would have sued for more provisions he would have struck those too. I am sure their are plenty of 5 year spending proposal in the bill for New York the dems wrote the monster.


20 posted on 02/29/2024 8:28:16 AM PST by BushCountry (A properly cast vote (1 day voting) can save you $2.00 a gallon.)
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To: libstripper

I thought that this was a WIN for Trump the first time I heard it.

I could NOT find any article anywhere that stated that, including Newsmax.

I thought I was reading it wrong so I figured it was bad for Trump.

It is good to read the truth here.


21 posted on 02/29/2024 8:31:27 AM PST by Maris Crane
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To: libstripper

There are large banks located in California, Texas, Atlanta, Florida, and VA that could certainly loan him this much money.

Putting his assets up as collateral would make this an easy task—as long as those assets are not already “encumbered.”

The bad news is, if he loses the appeal it will cost him a bunch more because the loans are not going to be cheap.

Personally, I would shutter ALL of the NY properties, lay off the staff, and merely keep them maintained. Screw NY. Maybe open up Trump tower to the homeless. That would serve the rich liberal nieghbors right.


23 posted on 02/29/2024 8:33:04 AM PST by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: libstripper

Yea it is. This will squeeze the NY based banks. It will hit their profit lines by those joining the boycott. Trump has $600m in cash and I’m sure he’s moved it out of NY before the trial began. He’s always 5 steps ahead of these morons in state government.

His latest venture is to take Trump Truth and go public. It will bring in $5b. I’m waiting for the state to go full commie and start going after the small fry companies only making $500m a year. The stupid governor has already threatened trucking companies with commie freezes on their bank accounts for the boycotting of NY.


29 posted on 02/29/2024 8:52:10 AM PST by DownInFlames (p)
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To: libstripper

Who is going to loan Trump 450 million for a lawsuit? At what interest?


32 posted on 02/29/2024 8:58:11 AM PST by reviled downesdad (Some of the lost will never believe the Truth and will hate you for it.)
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To: libstripper

So President Trump should borrow the full amount from his favorite creditor, Deutsche Bank, and pay it back with interest in full when the case gets overturned. Then President Trump should sue Leticia James and Judge Engoron for the interest and any charges plus any damage to his properties.


36 posted on 02/29/2024 10:11:38 AM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: libstripper

President Trump should borrow the money from Duetsche Bank and they should gladly loan it !


37 posted on 02/29/2024 11:08:25 AM PST by cquiggy
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To: libstripper

Can’t wait until Trump counter sues for damages, like he did to Stormy Daniels.


38 posted on 02/29/2024 11:21:17 AM PST by tired&retired (Blessings )
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To: libstripper

Mr. Trump, you’re wanton dishonesty in your loan applications requires me to prohibit you from doing business in New York, especially borrowing any money from New York lenders, and you must pay half a billion dollars in fines and interest before you have the opportunity to appeal...

But feel free to borrow THAT money.


39 posted on 02/29/2024 2:41:24 PM PST by unlearner (I, Robot: I think I finally understand why Dr. Lanning created me... ;-)
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