Donald Trump was supposed to have to post a $464 million bond by Monday or else the state of New York could begin collecting on the massive civil fraud judgment leveled against him earlier this year. An appeals court bailed him out, blocking collection of the judgment and giving the former president 10 days to post a drastically reduced $175 million bond.

The order is a huge win for Trump, whose assets were going to be subject to seizure if he couldn’t post nearly half-a-billion dollars by Monday. His lawyers said last week he wasn’t going to be able to come up with the money after 30 underwriters rejected him. The New York Times has reported that Trump is expected to be able to scrounge the new, reduced $175 million bond

  • Neato@ttrpg.network
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    7 months ago

    That’s bullshit. Just more laws that don’t apply to this traitor.

    Trump undervalued his properties to the IRS and overvalued them to investors. And now the courts are allowing him to undervalue them so he doesn’t have to face the consequences of his fraud.

    • tygerprints@kbin.social
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      7 months ago

      Bullshit indeed, but there is not one thing you or I or anyone in this country can do about it. Trump has us all over a barrel, and we’re all his puppets, and there is no way forward but to accept his will no matter what else happens. We must start to see him not as a traitor, but as a savior, for who else but a savior could escape so many serious charges.