New York Attorney General trolls former president as interest starts accruing on monster judgment
A $455m judgment against Donald Trump is increasing by more than $110,000 each day due to interest penalties.
And New York Attorney General Letitia James, who is preprared to seize his assets if necessary, is not going to let Mr Trump forget.
When the final judgment in the sprawling fraud trial against Mr Trump, his adult sons Donald Jr and Eric Trump, and former Trump Organization executives was approved on Friday, the attorney general’s X account posted the exact figure down to the last cent.
Twenty four hours later, her account wrote: “+$114,553.04”.
The funny part is how so far Trump hasn’t posted a bond for the appeal. Trump doesn’t *have * to do it but the consequences of not doing so are basically calamitous - if he doesn’t post bond then the state can seize and sell off his property to the amount he owes. Then both sides fight about it for a year or whatever while the money sits in the court’s account and he is deprived of revenue from the properties sold. Oh and the interest keeps accruing. And the lawyer bill will be in the tens of millions.
I’m sure the state won’t be sensitive to his reputation when deciding what to seize to cover the debts. Can you imagine the hilarity that would ensue if they sold off Trump Tower or one of his other flagship properties?
So Trump is screwed. If he does somehow post bond there will be a lot of people asking how he managed it since he surely doesn’t have the cash. In that case expect firesales of his other properties and loans from super shady foreign businessmen.
I can imagine there are more than a few foreign (and domestic) billionaires salivating at the idea of buying a GOP presidential frontrunner while simultaneously securing fire-sale level security positions on his properties.
Incidentally, on the day of the judgement, Elon’s jet was in the vicinity of Mar-a-Lago.
Fuck Trump, but this is a bad look.
Edit: Hey, look at that. The downvotes are keeping track of how many of you peaked in high school. Neat.
why?
