Posted on 02/29/2024 7:49:54 AM PST by libstripper
Donald Trump's request to pause the $454 million judgment against him in his New York civil fraud case was denied on Wednesday, although an appellate judge ruled that the former president could use loans to post the full amount.
* * *
Engoron ordered Trump to pay $355 million in fines plus prejudgment interest. The judge also barred the former president from serving as an officer of a New York company or taking out loans from financial institutions registered with the state for the next three years.
(Excerpt) Read more at newsweek.com ...
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.
Yeah, INSANE and CORRUPT......but it’s got such good museums, and pretty good theater, and music scenes......(sigh)
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.
The question arises: does a state court have the authority to restrict Trump from borrowing from a national bank, even if it is located in New York?
I don’t see “Trump (being) beholden to Elon” as the real equation....in the slowly building (super)-majority that’s going to establish itself in the next election, it could work in the opposite direction also, but conceivably also work in the opposite direction, with both Musk and Trump being equally vulnerable to “lawfare”, and “fall together” in the once-in-a-lifetime wet dream of the Left and the larger Uniparty-—but any renewed attempts of a “get Elon” initiative would be so nakedly Banana Republic that they would have be shelved before they could begin to be implemented.
IMO-—ELON IS MORE AMERICAN THAN ANY SINGLE PERSON IN THE ENTIRE BIDEN ADMIN.
What is it with the Elon idolatry
I WOULD NOT OPEN UP ANY TRUMP PROPERTIES TO ILLEGALS.
NY WOULD RENEGE ON PAYING FOR THEM.
SQUATTERS WOULD BE A NIGHTMARE
DAMAGES WOULD BE OUTRAGEOUS.
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.
I’m not sure in what world you borrow 450 million from someone
And not owe them anything but I’m. Ot interested in any theories from there.
That’s a good starting point.
Who is going to loan Trump 450 million for a lawsuit? At what interest?
Exactly...
How does this judge stop a contract between to willing parties that is neither illegal nor under duress?
“ Liberals loathe him.
That’s a good starting point.”
Oh geeze.
Elon Musk is a naturalized American citizen.
https://provscons.com/how-did-elon-musk-become-a-us-citizen/
Elon Musk’s father — Errol Musk — was a South African citizen, and his mother — Maye Musk — was a Canadian citizen. In 1971, Maye Musk gave birth to her first child — Elon Musk — in Pretoria, South Africa. Therefore by birth, Elon is a South African citizen.
So, how did Elon Musk become a US citizen?
Elon got Canadian citizenship through his mother. Then he came to the US as a student from Canada. After completing a bachelor’s degree and deferring the Ph.D. for six months, Elon started an internet company — Zip2. When investors in Zip2 realized Elon does not have a green card, they helped Elon to get an EB-5 investor green card in 1997. In 2002, Elon became a US citizen through the naturalization process.
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.
President Trump should borrow the money from Duetsche Bank and they should gladly loan it !
Can’t wait until Trump counter sues for damages, like he did to Stormy Daniels.
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.
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