Trump says he'd have to hold 'fire sale' of properties to meet $464M bond

Contributing sentiments towards policy:

53% : Trump added.
53% : "Trump is appealing the decision, but must put up the bond in order to have his appeal go forward.
47% : Trump says he'd have to hold 'fire sale' of properties to meet $464M bondSarah FortinskyMarch 19, 2024 at 11:02 AMFormer President Trump argued Tuesday he would have to take extreme measures in order to pay a $464 million bond due next week in his New York civil fraud case, such as selling some of his properties for cheap "fire sale" prices.
47% : "While it is my understanding that the Trump Organization is in a strong liquidity position, it does not have $1 billion in cash or cash equivalents," the lawyers wrote, adding, "As a result, for a company such as The Trump Organization, which has most of its assets invested in real estate, obtaining a bond for $464 million is a practical impossibility.
46% : Trump is currently appealing the judgment, but the total amount will continue to gain interest while that process plays out.
37% : In other words, he is trying to take my Appellate Rights away from me," Trump wrote in a post on his Truth Social platform Tuesday morning.
25% : "A bond of the size set by the Democrat Club-controlled Judge, in Corrupt, Racist Letitia James' unlawful Witch Hunt, is unConstitutional, un-American, unprecedented, and practically impossible for ANY Company, including one as successful as mine," Trump wrote in a post earlier Monday.
20% : Last month, Engoron ordered Trump to pay nearly $355 million in penalties in the civil fraud case that dealt a stark blow to his family's business empire in New York.
19% : Trump blasted New York Judge Arthur Engoron, who ruled against the former president in the fraud case, in a Truth Social post objecting to having to post the bond.
19% : Trump, in a series of posts Monday and Tuesday, railed against the judgment, calling it unconstitutional and un-American.

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