Trump loses 20% of his net worth in a month

Status
Not open for further replies.
Ridiculous fine for a victimless financial deal
 
Last edited:
A bulk of the fine comes from two calculations: $168m from how much Trump saved on the interest of several loans, and $126m from the profit he made when he sold the Old Post Office building in Washington.

In his verdict, Engoron said that Trump profited by paying lower interest rates when working with lenders such as Deutsche Bank who, because of the fudged financial statements, believed Trump had a higher net worth.
Click to expand...
A fine based on the money he lied to avoid paying.
 
Brigadier said:
Shouldn't be, if you reckon you have billions though (y)
Click to expand...
If he was sitting on 2.3 billion in Tesla and SpaceX shares then it'd be a case of selling them off but doing it slowly enough you don't crater the values.

But he's in property, so he'll be leveraged to hell and back. Too much value loss and he's in negative equity.
 
Last edited:
Brigadier said:
I wouldn't say fantasy, but the fat orange tw@t collapsing while sh@tting himself - at a MAGA event - would come quite close (y)
Click to expand...
I can see why your thinking that it would get him one up on Biden shyting himself while meeting g the pope
 
"..If forced to sell off his real estate empire in a “fire sale” to come up with the funds, he will face “textbook irreparable injury”, his legal team argued.."

Diddums, poor luv.

Don't suppose heavily mortgaged properties are worth much to sensible investors. I'm píss poor and I've got more readies than Trump, lol. :LOL:
 
Last edited:
Trump is also facing financial challenges as legal bills and damages from two New York civil verdicts add up. He’s being forced to set aside as much as $600 million to put the verdicts on hold while he appeals. Trump has lagged Biden in fundraising, which could put him at a disadvantage as the general election heats up. Super PACs allied with Trump have been paying several million dollars a month to fund his legal bills, and that money will likely run out later this year.

www.bloomberg.com

Timeline of Trump’s Legal Cases as He Runs for President in 2024

Tracking Donald Trump’s legal cases which show multiple trials and court dates that coincide with key Republican primaries as he campaigns for his 2024 presidential run.
www.bloomberg.com www.bloomberg.com
Gives details of the trials as well

Federal Election Commission. Technically known as independent expenditure-only committees, super PACs may raise unlimited sums of money from corporations, ...
Seems those are tax exempt.
 
Status
Not open for further replies.
Back
Top