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8th Amendment, Baghdad Bob.
/----/ Uh NO. A monitor is not a manager. It's like the difference between an umpire and a team manager. That appointee is there to oversee the Trump Organization's financial statements. Who is going to MANAGE the day-to-day operations? The same city that is swimming in debt?The judge appointed a manager.
Judge appoints independent monitor to oversee Trump Organization's financial transactions
A New York judge granted the state attorney general's request for a monitor after it was alleged the company inflated its assets by billions of dollars.www.nbcnews.com
It's amazing that these Marxist revolutionary wannabes conveniently forget that EVERY retarded Marxist Leninist revolution that occurred in the 20th century REQUIRED MASS-MURDER to come to be.Of course it is. But this is a whole new ball game. Stalin wrote the rules and Ceaucescu is the referee. When political persecutions are the floor not much is going to be built.
The FUCK it isn't!!!!!This isn't excessive bail and it's not a fine. It's a disgorgement of profits made through persistent fraudulent and illegal business practices.
If I rob a bank for $10,000,000 in gold, it's not a bail or fine if I have to give it back.
Thoughts and prayers Karen.
WW
He is truly screwed. He will struggle even if the fines are reduced.Holy cow! Trump is self destructive.
Is Donald Trump About to Go Bankrupt?
Insurer Chubb has stepped in with a timely loan to help with some of the former president’s mounting legal fees. But he’s still nearly half a billion dollars short—and he says he hasn’t got it.news.yahoo.com
.Whatever that means. Sounds like you know something or have a plan.
Nap time.Yawn
This isn't excessive bail and it's not a fine. It's a disgorgement of profits made through persistent fraudulent and illegal business practices.
If I rob a bank for $10,000,000 in gold, it's not a bail or fine if I have to give it back.
Thoughts and prayers Karen.
WW
The FUCK it isn't!!!!!
No. But it's a start. The message is, the courts are politicized. Democrats are convinced that their imported army will take care of the mass murder part.It's amazing that these Marxist revolutionary wannabes conveniently forget that EVERY retarded Marxist Leninist revolution that occurred in the 20th century REQUIRED MASS-MURDER to come to be.
This petty lawfare ain't gonna do it.
.No. But it's a start. The message is, the courts are politicized. Democrats are convinced that their imported army will take care of the mass murder part.
Look Bob, this is the United States of America.Nope, having to return the $10,000,000 I stole would not be considered bail or a fine.
WW
I say Trump will pony up in time. All the leftists saying he can't is probably a bunch of BS.
He'll post the bond and then they'll be on to the next thing the media spins up that's "Get Trump".
.It's going to be a fire sale. Trump doesnt have the luxury to sit around and wait for the best offer.
Look Bob, this is the United States of America.
Individuals are protected from egregious FINE like HALF A FUCKING BILLION DOLLARS.
The 8th Amendment, Bob.
No jodas.
How did they calculate the amount?It's paying back illegal gains made through persistant fraud. Not a fine.
Thoughts and prayers Karen.
WW
There were no illegal ANYTHING, you fucking ASSHOLE.It's paying back illegal gains made through persistant fraud. Not a fine.
Thoughts and prayers Karen.
WW
.
Well, President Trump is worth a fuck of a lot more than $500M, so yeah.
I'm not too worried. Definitely not ALL of his assets.
.
TL / DR
“The final key to the way I promote is bravado. I play to people’s fantasies. People may not always think big themselves, but they can still get very excited by those who do. That’s why a little hyperbole never hurts. People want to believe that something is the biggest and the greatest and the most spectacular. I call it truthful hyperbole. It’s an innocent form of exaggeration—and a very effective form of promotion.” ~ DJT
Quick: Who'd Have Trouble Living on $450,000 a Month?
By Kurt Eichenwald
- June 26, 1990
Donald J. Trump, who has lectured America about architecture, foreign policy and, most of all, how to do deals, may be about to learn a lesson of his own: how to live in Manhattan on $450,000 a month.
That scarcely onerous restriction is being imposed by Mr. Trump's bankers, who have insisted that the man who has made conspicuous consumption a personal trademark must curb his spending a bit.
Moreover, the $450,000-a-month allowance excludes some of the largest of Mr. Trump's daunting expenses, the bankers say. These extras, based on Mr. Trump's spending in May, include the costs of maintaining his personal 727 jetliner ($246,000) and his 282-foot yacht ($841,000). The yacht and the personal jet, to be sure, may be sold to trim the real estate developer's mountainous debts.
In May, Mr. Trump also paid interest of $2.1 million on his personal debt, while his legal, charitable and business expenses totaled $382,000. His interest payments and various expenses do not count as personal spending, either.
Still, the $450,000-a-month limit will require some belt-tightening on Mr. Trump's part. In May, his bankers report, Mr. Trump's personal spending amounted to $583,000 for day-to-day necessities of the ultrarich life style, which range from his $2,000 suits to the costs of maids, gardeners and chefs at his three homes.
So to meet the bankers' target, Mr. Trump must trim his personal expenses by more than $100,000 from the May level. If he can do that, the banks will agree to lend Mr. Trump even more money.
The terms are being required by the banks, which are attempting to structure a loan to Mr. Trump to keep his faltering empire out of bankruptcy court.
The personal spending limits agreed to by the banks, though a cutback for Mr. Trump, still come to $5.4 million a year. If the banks agree to the terms of the new loan, in the month of July, for example, Mr. Trump would have to hold his expenses to just $14,516.13 a day, or $10.08 every minute of the day and night.
'It's Just Phenomenal'
Even the truly wealthy found Mr. Trump's manner of spending, reduced circumstances or not, to be remarkable.
''I would have no idea how to spend $450,000 a month,'' said one billionaire, who asked not to be identified. ''It's just phenomenal.''
Financial planners for the well heeled agreed.
''We have handled a lot of entertainers, some of whom lived very extravagantly, but I have never come across anybody who spent that way,'' said Lawrence B. Eichler, president of Sentinel Asset Management. ''Donald Trump lives in strata few of us approach, or even want to approach.''
Even Mr. Trump, who declined to comment, once said: ''A little more moderation would be good.'' But he was quick to add, ''Of course, my life hasn't exactly been one of moderation.''
Deadline on a Payment
Mr. Trump's unfolding financial drama may reach a climax tonight as the developer faces a deadline to make a payment on a high-yield ''junk bond'' issue. No matter what the outcome, the glimpse of Mr. Trump's spending habits is certain to add another layer to the high-spending lore to the 1980's.
Mr. Trump's new allowance may be absorbed easily, given the style of living to which he has become accustomed. The developer owns three homes, including Mar-a-Lago, in Palm Beach, Fla. That home, which was willed to the State of Florida by Marjorie Merriweather Post, was sold to Mr. Trump because the state could not afford to pay for its upkeep. Scores of household staff members are paid to help keep up the 118-room residence.
Mr. Trump will also have to continue to maintain his 50-room penthouse triplex in Manhattan's Trump Tower, which comes complete with an 80-foot living room, bronze-edged floor-to-ceiling windows overlooking Central Park, and a 12-foot waterfall.
[...]
Quick: Who'd Have Trouble Living on $450,000 a Month?
donny has ALWAYS gone thru cash like shit thru a goose.
No one deserves it more then shitpants , he is the lowest form of humanity , a traitors who sold out our country, and who's every supporter is the same. As patriots we can never forget what these hate party people tried to do to our country and they should be marked for the rest of their lives and followed to make sure they never get the chance to bring down our country again.Looks like Trump won't be able to post a $500,000,000 bond.
That means Letitia James can take possession of all of Trump's assets.
Will Trump lose everything but Mar-a-Lago? (I think Desantis would keep NY out of FL.)
View attachment 919755
The Trump Organization | Luxury Real Estate Portfolio
The official website of The Trump Organization. Explore our luxury real estate portfolio of the finest hotels, golf courses, estates and more. Learn about our history and the ultimate trump lifestyle.www.trump.com
