Trump can’t pay

Anonymous
Anonymous wrote:
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Anonymous wrote:
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Anonymous wrote:
Anonymous wrote:
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Anonymous wrote:
Anonymous wrote:Letitia James gets to start seizing property on Monday if the bond is not paid. It would be hilarious if a tired, defeated Trump goes home from his Stormy pay off trial to find himself locked out of his Trump Tower apartment.


Cite? Pretty sure that’s not true. There’s a hearing coming up to determine whether the bond is good enough. She can’t decide that herself without the judge agreeing.


DP.
https://www.newsweek.com/donald-trump-backed-over-bond-reduction-1888495
Trump attempted to pay his $175 million bond with financial backing from Knight Specialty Insurance, an insurance company, but it was rejected by a court as it couldn't confirm the finances of the company's posting. He was given until Monday to prove he can pay the bond, otherwise New York Attorney General Letitia James could attempt to seize some of Trump's assets.


The bond from Knight Specialty Insurance has already been rejected in NYS. So, Trump has to show financially that he can pay the $175M bond himself. He claimed he had $500M cash available, he should be able to pony up the $175M or the state can begin the process of claiming assets in order to try and collect the amount due in his judgment. If he wants to stop collection during appeals, he has to put up $175M by Monday.


When did the court reject the bond? I can’t fine anything on the docket that says that. Newsweek is trash publication.


Check the news from last Thursday. It was all over NYT, CNN, Reuters, PBS and I’m sure many others.


That was just when the clerk told them to file the financial statements. Then they filed them, so that's no longer an issue. The court hasn't rejected the bond. The AG objected to the bond, and the bonding company is now required to "justify the surety" by Monday, and then Engoran is going to have a hearing on it on the 22nd. There are no enforcement actions happening on Monday.



You really should get off DCUM and go buy some stock in Truth Social. Trump can make some money off you.😂


My insistence on facts makes me a Trump supporter? Quite the opposite. You can apologize to me on Monday when the AG doesn’t seize anything.


NP. Will you apologize to us when she does start seizing Trump's properties, bank accounts. Etc.?


So what has she seized today? I'll accept your apology now.


trump's deadline to re-file is today at 5PM, and nothing will happen for a few days aterwards. I don't see a prediction of exact time.


The PP's said she'd be seizing stuff today. Are you saying she's actually going to do that this evening?

No, I'm saying that she can't seize stuff today, as the deadline is 5PM. But she can technically start moving on his properties at 5:01 - in fact, she's probably got a few choice properties lined up.


LOL.
That will play really well with voters. If she does, it should be considered a campaign contribution for Trump.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Letitia James gets to start seizing property on Monday if the bond is not paid. It would be hilarious if a tired, defeated Trump goes home from his Stormy pay off trial to find himself locked out of his Trump Tower apartment.


Cite? Pretty sure that’s not true. There’s a hearing coming up to determine whether the bond is good enough. She can’t decide that herself without the judge agreeing.


DP.
https://www.newsweek.com/donald-trump-backed-over-bond-reduction-1888495
Trump attempted to pay his $175 million bond with financial backing from Knight Specialty Insurance, an insurance company, but it was rejected by a court as it couldn't confirm the finances of the company's posting. He was given until Monday to prove he can pay the bond, otherwise New York Attorney General Letitia James could attempt to seize some of Trump's assets.


The bond from Knight Specialty Insurance has already been rejected in NYS. So, Trump has to show financially that he can pay the $175M bond himself. He claimed he had $500M cash available, he should be able to pony up the $175M or the state can begin the process of claiming assets in order to try and collect the amount due in his judgment. If he wants to stop collection during appeals, he has to put up $175M by Monday.


When did the court reject the bond? I can’t fine anything on the docket that says that. Newsweek is trash publication.


Check the news from last Thursday. It was all over NYT, CNN, Reuters, PBS and I’m sure many others.


That was just when the clerk told them to file the financial statements. Then they filed them, so that's no longer an issue. The court hasn't rejected the bond. The AG objected to the bond, and the bonding company is now required to "justify the surety" by Monday, and then Engoran is going to have a hearing on it on the 22nd. There are no enforcement actions happening on Monday.



You really should get off DCUM and go buy some stock in Truth Social. Trump can make some money off you.😂


My insistence on facts makes me a Trump supporter? Quite the opposite. You can apologize to me on Monday when the AG doesn’t seize anything.


NP. Will you apologize to us when she does start seizing Trump's properties, bank accounts. Etc.?


So what has she seized today? I'll accept your apology now.


trump's deadline to re-file is today at 5PM, and nothing will happen for a few days aterwards. I don't see a prediction of exact time.


The PP's said she'd be seizing stuff today. Are you saying she's actually going to do that this evening?

No, I'm saying that she can't seize stuff today, as the deadline is 5PM. But she can technically start moving on his properties at 5:01 - in fact, she's probably got a few choice properties lined up.


LOL.
That will play really well with voters. If she does, it should be considered a campaign contribution for Trump.


Wouldn't really matter, IMO. The optics of being unable to post bond of 175M when you claim to be a billionaire, and having your assets seized will look worse for Trump than it does for James.
Anonymous
Anonymous wrote:On March 26, it went public and on March 27, it reached it's peak of $70.90 per share.

Today, it hit a low of $26.75 per share (currently at $27.05). So in less than 3 weeks (tomorrow will be 3 weeks), it is at 38% of it's peak value and has lost almost 2/3 of it's value. He cannot trade his shares until September 26. He'll be lucky if it isn't a penny stock by then.


And after spending a couple of hours this afternoon above $27.00, it closed at $26.61.

Still bleeding. The question is when will be the price start to level out. It's been a pretty solid and steady decline for 20 days now.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Letitia James gets to start seizing property on Monday if the bond is not paid. It would be hilarious if a tired, defeated Trump goes home from his Stormy pay off trial to find himself locked out of his Trump Tower apartment.


Cite? Pretty sure that’s not true. There’s a hearing coming up to determine whether the bond is good enough. She can’t decide that herself without the judge agreeing.


DP.
https://www.newsweek.com/donald-trump-backed-over-bond-reduction-1888495
Trump attempted to pay his $175 million bond with financial backing from Knight Specialty Insurance, an insurance company, but it was rejected by a court as it couldn't confirm the finances of the company's posting. He was given until Monday to prove he can pay the bond, otherwise New York Attorney General Letitia James could attempt to seize some of Trump's assets.


The bond from Knight Specialty Insurance has already been rejected in NYS. So, Trump has to show financially that he can pay the $175M bond himself. He claimed he had $500M cash available, he should be able to pony up the $175M or the state can begin the process of claiming assets in order to try and collect the amount due in his judgment. If he wants to stop collection during appeals, he has to put up $175M by Monday.


When did the court reject the bond? I can’t fine anything on the docket that says that. Newsweek is trash publication.


Check the news from last Thursday. It was all over NYT, CNN, Reuters, PBS and I’m sure many others.


That was just when the clerk told them to file the financial statements. Then they filed them, so that's no longer an issue. The court hasn't rejected the bond. The AG objected to the bond, and the bonding company is now required to "justify the surety" by Monday, and then Engoran is going to have a hearing on it on the 22nd. There are no enforcement actions happening on Monday.



You really should get off DCUM and go buy some stock in Truth Social. Trump can make some money off you.😂


My insistence on facts makes me a Trump supporter? Quite the opposite. You can apologize to me on Monday when the AG doesn’t seize anything.


NP. Will you apologize to us when she does start seizing Trump's properties, bank accounts. Etc.?


So what has she seized today? I'll accept your apology now.


trump's deadline to re-file is today at 5PM, and nothing will happen for a few days aterwards. I don't see a prediction of exact time.


The PP's said she'd be seizing stuff today. Are you saying she's actually going to do that this evening?

No, I'm saying that she can't seize stuff today, as the deadline is 5PM. But she can technically start moving on his properties at 5:01 - in fact, she's probably got a few choice properties lined up.


LOL.
That will play really well with voters. If she does, it should be considered a campaign contribution for Trump.

Oh, ok. Since you put it that way, we'll just let him slide.
Anonymous
Anonymous wrote:
Anonymous wrote:On March 26, it went public and on March 27, it reached it's peak of $70.90 per share.

Today, it hit a low of $26.75 per share (currently at $27.05). So in less than 3 weeks (tomorrow will be 3 weeks), it is at 38% of it's peak value and has lost almost 2/3 of it's value. He cannot trade his shares until September 26. He'll be lucky if it isn't a penny stock by then.


And after spending a couple of hours this afternoon above $27.00, it closed at $26.61.

Still bleeding. The question is when will be the price start to level out. It's been a pretty solid and steady decline for 20 days now.


Given the financials, somewhere between $0.04 and $0.09
Anonymous
I wouldn't hang much import on the stock price. A whale can always drive up prices by buying in bulk. It's a really easy way to get around restrictions on "campaign" donations by foreign citizens.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Has knight insurance filed its motion to prove it can pay the bond?


Not only have they not filed such a motion, but their original filing indicated they would not be covering the bond.


The Trump team has a history of filing at the nth hour. I'd expect something at 4:59.


It's 6:53 and nothing yet.
Anonymous
Anonymous wrote:I wouldn't hang much import on the stock price. A whale can always drive up prices by buying in bulk. It's a really easy way to get around restrictions on "campaign" donations by foreign citizens.


Driving up the prices and holding them to the lock period ending is virtually a never ending pit of "investment"

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Has knight insurance filed its motion to prove it can pay the bond?


Not only have they not filed such a motion, but their original filing indicated they would not be covering the bond.


The Trump team has a history of filing at the nth hour. I'd expect something at 4:59.


It's 6:53 and nothing yet.

And here we are. Why does Trump need this weird Cayman Islands bond if he actually has cash? 🤔



Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Has knight insurance filed its motion to prove it can pay the bond?


Not only have they not filed such a motion, but their original filing indicated they would not be covering the bond.


The Trump team has a history of filing at the nth hour. I'd expect something at 4:59.


It's 6:53 and nothing yet.

And here we are. Why does Trump need this weird Cayman Islands bond if he actually has cash? 🤔





But doesn’t knight itself need to show it has adequate resources?

And how does this address the fact that knight is not authorized to do business in NYS?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Has knight insurance filed its motion to prove it can pay the bond?


Not only have they not filed such a motion, but their original filing indicated they would not be covering the bond.


The Trump team has a history of filing at the nth hour. I'd expect something at 4:59.


It's 6:53 and nothing yet.

And here we are. Why does Trump need this weird Cayman Islands bond if he actually has cash? 🤔





But doesn’t knight itself need to show it has adequate resources?

And how does this address the fact that knight is not authorized to do business in NYS?[/quote

Remember "Money talks and Bull $πit walks.". No money but tons of BS!
Anonymous
Another day, another 6%.

Closed yesterday at $26.61. Currently at $22.72. Today's close will be the end of the first 3 weeks of trading for DJT.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Has knight insurance filed its motion to prove it can pay the bond?


Not only have they not filed such a motion, but their original filing indicated they would not be covering the bond.


The Trump team has a history of filing at the nth hour. I'd expect something at 4:59.


It's 6:53 and nothing yet.

And here we are. Why does Trump need this weird Cayman Islands bond if he actually has cash? 🤔





Is two days enough time to empty the account?
Anonymous
DJT stock closed at $22.84. It's dropped nearly 40% in the last week.

Suckers.
Anonymous
If Trump has an account with Charles Schwab of $175.3 million then why isn't he using that for his bond?
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