Baxter <bax02_spamblock@baxcode.com> wrote in news:uru41v$1m0fq$1@dont- email.me:
pothead <pothead@snakebite.com> wrote inup
news:urtq9m$1gk5k$1@dont-email.me:
On 2024-03-01, Baxter <bax02_spamblock@baxcode.com> wrote:
pothead <pothead@snakebite.com> wrote in
news:urt0pb$1b06f$1@dont-email.me:
On 2024-03-01, B. T. F. <bigtrumpfailurex@protonmail.com> wrote:
Fat Luser Trump Warns of Big Losses From Asset Sales During
Property Slump
Ex-president needs to satisfy $454 million court judgment
Trump seeks to halt payment during appeal of NY fraud verdict
The timing couldnÂ’t be worse for Donald Trump as he faces the
prospect of having to sell property to cover a massive verdict
against him. The former president said in a court filing Wednesday >>>>>> he may soon need “to raise capital under exigent circumstances”
to push ahead with an appeal New York stateÂ’s $454 million civil
fraud verdict against him. A brutal market for many commercial
property owners means he faces significant losses in his real
estate empire if he unloads assets. The billionaire has few
options. He must pay the full judgment by March 25 or arrange a
bond for at least 110% of the amount in order to put the fine on
hold while he appeals. To get an appeal bond, Trump will need to
hand over cash, sell properties or use them as collateral, tying
marketmost if not all of his liquid assets for months or longer. Unless
Trump can convince the appeals court to put the verdict on hold
during his entire appeal, he could find himself in a financial
squeeze. If he’s forced to sell, “there would be no way to
recover any property sold following a successful appeal and no
means to recover the resulting financial losses,” Trump attorney
Alina Habba said in the filing. Meanwhile, New York Attorney
General Letitia James has made clear that sheÂ’s prepared to seize >>>>>> TrumpÂ’s assets if he doesnÂ’t pay the verdict or post an appeals
bond on time. Brutal Market Making matters worse is a brutal
duringfor many commercial real estate owners. Property values plunged as >>>>>> borrowing costs rose, and the remote work trend that started
athe pandemic continues to cut into demand for office space. Prices >>>>>> slumped 22% in the year through January, according to real estate
analytics firm Green Street. Habba didnÂ’t immediately respond to
lessrequest for comment. Many sellers have been forced to accept
drastically lower prices. The Aon Center, a Los Angeles office
tower, recently sold for $147.8 million, about 45% less than its
previous purchase price in 2014. A Los Angeles office building
located near Century City and Beverly Hills sold for about 52%
coverthan its price five years ago. Read More
Trump’s $540 Million Court Loss Tests His ‘King of Debt’ Claim
Trump Owes $112,000 for Every Day He DoesnÂ’t Pay Fraud Fine (1)
Trump Trial Judge Slams ‘See No Evil, Hear No Evil’ Testimony
The Trump Organization owns or invests in multiple office towers
from New York to San Francisco. One of its key Manhattan
properties, 40 Wall St., was purchased by Trump in what his
business hails as “one of the great real estate deals of all
time” back in 1995. In 2015, it was valued at $540 million,
according to commercial mortgage-backed securities data. That has
since fallen to $270 million, the Bloomberg Billionaires Index
estimates. TrumpÂ’s filing with the appeals court was the first
time heÂ’s hinted publicly that he may not have enough liquid
assets to cover the verdict in the fraud case, where a judge ruled >>>>>> Feb. 16 that the former president had misled banks for years in
violation of New York law. Trump also owes $83.3 million to writer >>>>>> E. Jean Carroll, who won a defamation suit against him last month, >>>>>> making matters even worse for the presidential candidate. In
testimony last year, Trump claimed to have more than $400 million
in cash. While thatÂ’s a hefty sum, it wouldnÂ’t be enough to
inthe bonds heÂ’d need to post with the court while appealing the
back-to-back verdicts. Trump has proposed posting a smaller $100
million bond while he appeals the New York fraud verdict, arguing
that the judgment against him was “more than adequately secured” >>>>>> without posting a full bond to appeal. Trump said his “vast
ownership interests in New York real estate” was sufficient to
ensure heÂ’ll pay the fine if his appeal failed. After all, he
argued, “trophy properties” like 40 Wall Street cannot be
“removed from the jurisdiction in secret.” In the appeals court
filing, TrumpÂ’s attorney said other properties could be used for
collateral, including Trump Tower and Trump Park Avenue in
Manhattan, his Seven Springs estate outside New York City, and
Trump National Golf Club. ‘Insufficient’ Assets
James balked at TrumpÂ’s offer for a smaller bond, arguing in a
letter to the appeals court that risked leaving the state empty
handed if TrumpÂ’s appeal failed. Trump and the other defendants
thatthe case, including his two grown sons, “all but concede that Mr. >>>>>> Trump has insufficient liquid assets to satisfy the judgment,”
James said in the letter. “A prevailing plaintiff is entitled to
have her award secured, and defendants have never demonstrated
civilMr. TrumpÂ’s liquid assets could satisfy the full amount of the
judgment.” James has made clear that she’s prepared to seize
TrumpÂ’s assets if he doesnÂ’t pay the verdict or post an appeals
bond on time, mentioning 40 Wall Street explicitly as a potential
target in a recent interview with ABC News. Habba, TrumpÂ’s
attorney, criticized those remarks in her letter to the court,
accusing James of “shamelessly” threatening to seize Trump’s
assets “if she is not paid quickly enough.” Despite Trump’s
warnings about his financial condition, an appeals court judge in
Manhattan denied his emergency request Wednesday for a temporary
halt to enforcement of the verdict in the fraud case, at least for >>>>>> now. But the former president will get another shot at arguing for >>>>>> a delay that would last throughout his legal challenge to the
Marchfraud judgment. James will file a response to that request by
reasons.11, with any response by Trump due March 18. A full appeals court
panel could rule any time after that.
A friend of mine is a commercial real estate appraiser in NYC and
she tells me that the market is circling the drain for many
This would be the absolute worst time for Trump to have a fire sale
of his properties. This full frontal attack on Trump is 100%
politically motivated and it should concern everyone no matter the
party affiliation.
If tRump hadn't done the crime, he wouldn't be facing the
consequences now.
What crime?
Multiple instances of fraud.
Was anyone harmed?
The taxpayers.
How so? He didn't borrow from them.
The banks were happy. He paid it all
back.
a
Banks loved working with Trump and still do.
Then why is he having a problem coming up with the bond?
Trump has been in the real estate business for decades so why all of
sudden is he being prosecuted?I think the answer I know is a lot different from yours.
I think you know the answer to that one.
Yours is just a CNN over dub
Baxter <bax02_spamblock@baxcode.com> wrote in news:uru41v$1m0fq$1@dont- email.me:
pothead <pothead@snakebite.com> wrote inup
news:urtq9m$1gk5k$1@dont-email.me:
On 2024-03-01, Baxter <bax02_spamblock@baxcode.com> wrote:
pothead <pothead@snakebite.com> wrote in
news:urt0pb$1b06f$1@dont-email.me:
On 2024-03-01, B. T. F. <bigtrumpfailurex@protonmail.com> wrote:
Fat Luser Trump Warns of Big Losses From Asset Sales During
Property Slump
Ex-president needs to satisfy $454 million court judgment
Trump seeks to halt payment during appeal of NY fraud verdict
The timing couldnÂ't be worse for Donald Trump as he faces the
prospect of having to sell property to cover a massive verdict
against him. The former president said in a court filing Wednesday >>>>>> he may soon need Â"to raise capital under exigent circumstancesÂ"
to push ahead with an appeal New York stateÂ's $454 million civil
fraud verdict against him. A brutal market for many commercial
property owners means he faces significant losses in his real
estate empire if he unloads assets. The billionaire has few
options. He must pay the full judgment by March 25 or arrange a
bond for at least 110% of the amount in order to put the fine on
hold while he appeals. To get an appeal bond, Trump will need to
hand over cash, sell properties or use them as collateral, tying
marketmost if not all of his liquid assets for months or longer. Unless
Trump can convince the appeals court to put the verdict on hold
during his entire appeal, he could find himself in a financial
squeeze. If heÂ's forced to sell, Â"there would be no way to
recover any property sold following a successful appeal and no
means to recover the resulting financial losses,Â" Trump attorney
Alina Habba said in the filing. Meanwhile, New York Attorney
General Letitia James has made clear that sheÂ's prepared to seize >>>>>> TrumpÂ's assets if he doesnÂ't pay the verdict or post an appeals
bond on time. Brutal Market Making matters worse is a brutal
duringfor many commercial real estate owners. Property values plunged as >>>>>> borrowing costs rose, and the remote work trend that started
athe pandemic continues to cut into demand for office space. Prices >>>>>> slumped 22% in the year through January, according to real estate
analytics firm Green Street. Habba didnÂ't immediately respond to
lessrequest for comment. Many sellers have been forced to accept
drastically lower prices. The Aon Center, a Los Angeles office
tower, recently sold for $147.8 million, about 45% less than its
previous purchase price in 2014. A Los Angeles office building
located near Century City and Beverly Hills sold for about 52%
coverthan its price five years ago. Read More
TrumpÂ's $540 Million Court Loss Tests His Â'King of DebtÂ' Claim
Trump Owes $112,000 for Every Day He DoesnÂ't Pay Fraud Fine (1)
Trump Trial Judge Slams Â'See No Evil, Hear No EvilÂ' Testimony
The Trump Organization owns or invests in multiple office towers
from New York to San Francisco. One of its key Manhattan
properties, 40 Wall St., was purchased by Trump in what his
business hails as Â"one of the great real estate deals of all
timeÂ" back in 1995. In 2015, it was valued at $540 million,
according to commercial mortgage-backed securities data. That has
since fallen to $270 million, the Bloomberg Billionaires Index
estimates. TrumpÂ's filing with the appeals court was the first
time heÂ's hinted publicly that he may not have enough liquid
assets to cover the verdict in the fraud case, where a judge ruled >>>>>> Feb. 16 that the former president had misled banks for years in
violation of New York law. Trump also owes $83.3 million to writer >>>>>> E. Jean Carroll, who won a defamation suit against him last month, >>>>>> making matters even worse for the presidential candidate. In
testimony last year, Trump claimed to have more than $400 million
in cash. While thatÂ's a hefty sum, it wouldnÂ't be enough to
inthe bonds heÂ'd need to post with the court while appealing the
back-to-back verdicts. Trump has proposed posting a smaller $100
million bond while he appeals the New York fraud verdict, arguing
that the judgment against him was Â"more than adequately securedÂ" >>>>>> without posting a full bond to appeal. Trump said his Â"vast
ownership interests in New York real estateÂ" was sufficient to
ensure heÂ'll pay the fine if his appeal failed. After all, he
argued, Â"trophy propertiesÂ" like 40 Wall Street cannot be
Â"removed from the jurisdiction in secret.Â" In the appeals court
filing, TrumpÂ's attorney said other properties could be used for
collateral, including Trump Tower and Trump Park Avenue in
Manhattan, his Seven Springs estate outside New York City, and
Trump National Golf Club. Â'InsufficientÂ' Assets
James balked at TrumpÂ's offer for a smaller bond, arguing in a
letter to the appeals court that risked leaving the state empty
handed if TrumpÂ's appeal failed. Trump and the other defendants
thatthe case, including his two grown sons, Â"all but concede that Mr. >>>>>> Trump has insufficient liquid assets to satisfy the judgment,Â"
James said in the letter. Â"A prevailing plaintiff is entitled to
have her award secured, and defendants have never demonstrated
civilMr. TrumpÂ's liquid assets could satisfy the full amount of the
judgment.Â" James has made clear that sheÂ's prepared to seize
TrumpÂ's assets if he doesnÂ't pay the verdict or post an appeals
bond on time, mentioning 40 Wall Street explicitly as a potential
target in a recent interview with ABC News. Habba, TrumpÂ's
attorney, criticized those remarks in her letter to the court,
accusing James of Â"shamelesslyÂ" threatening to seize TrumpÂ's
assets Â"if she is not paid quickly enough.Â" Despite TrumpÂ's
warnings about his financial condition, an appeals court judge in
Manhattan denied his emergency request Wednesday for a temporary
halt to enforcement of the verdict in the fraud case, at least for >>>>>> now. But the former president will get another shot at arguing for >>>>>> a delay that would last throughout his legal challenge to the
Marchfraud judgment. James will file a response to that request by
reasons.11, with any response by Trump due March 18. A full appeals court
panel could rule any time after that.
A friend of mine is a commercial real estate appraiser in NYC and
she tells me that the market is circling the drain for many
This would be the absolute worst time for Trump to have a fire sale
of his properties. This full frontal attack on Trump is 100%
politically motivated and it should concern everyone no matter the
party affiliation.
If tRump hadn't done the crime, he wouldn't be facing the
consequences now.
What crime?
Multiple instances of fraud.
Was anyone harmed?
The taxpayers.
How so? He didn't borrow from them. The banks were happy. He paid it all back.
aBanks loved working with Trump and still do.
Then why is he having a problem coming up with the bond?
Trump has been in the real estate business for decades so why all of
sudden is he being prosecuted?I think the answer I know is a lot different from yours.
I think you know the answer to that one.
Yours is just a CNN over dub
Skeeter <skeeterweed@photonmail.com> wrote in news:XnsB128D6B9C1E21nobonesinvaledinvali@135.181.20.170:
Baxter <bax02_spamblock@baxcode.com> wrote in news:uru41v$1m0fq$1@dont-
email.me:
pothead <pothead@snakebite.com> wrote inup
news:urtq9m$1gk5k$1@dont-email.me:
On 2024-03-01, Baxter <bax02_spamblock@baxcode.com> wrote:
pothead <pothead@snakebite.com> wrote in
news:urt0pb$1b06f$1@dont-email.me:
On 2024-03-01, B. T. F. <bigtrumpfailurex@protonmail.com> wrote:
Fat Luser Trump Warns of Big Losses From Asset Sales During
Property Slump
Ex-president needs to satisfy $454 million court judgment
Trump seeks to halt payment during appeal of NY fraud verdict >>>>>>>
The timing couldnÂ't be worse for Donald Trump as he faces the
prospect of having to sell property to cover a massive verdict
against him. The former president said in a court filing Wednesday >>>>>>> he may soon need Â"to raise capital under exigent circumstancesÂ" >>>>>>> to push ahead with an appeal New York stateÂ's $454 million civil >>>>>>> fraud verdict against him. A brutal market for many commercial
property owners means he faces significant losses in his real
estate empire if he unloads assets. The billionaire has few
options. He must pay the full judgment by March 25 or arrange a
bond for at least 110% of the amount in order to put the fine on >>>>>>> hold while he appeals. To get an appeal bond, Trump will need to >>>>>>> hand over cash, sell properties or use them as collateral, tying
marketmost if not all of his liquid assets for months or longer. Unless >>>>>>> Trump can convince the appeals court to put the verdict on hold
during his entire appeal, he could find himself in a financial
squeeze. If heÂ's forced to sell, Â"there would be no way to
recover any property sold following a successful appeal and no
means to recover the resulting financial losses,Â" Trump attorney >>>>>>> Alina Habba said in the filing. Meanwhile, New York Attorney
General Letitia James has made clear that sheÂ's prepared to seize >>>>>>> TrumpÂ's assets if he doesnÂ't pay the verdict or post an appeals >>>>>>> bond on time. Brutal Market Making matters worse is a brutal
duringfor many commercial real estate owners. Property values plunged as >>>>>>> borrowing costs rose, and the remote work trend that started
athe pandemic continues to cut into demand for office space. Prices >>>>>>> slumped 22% in the year through January, according to real estate >>>>>>> analytics firm Green Street. Habba didnÂ't immediately respond to
lessrequest for comment. Many sellers have been forced to accept
drastically lower prices. The Aon Center, a Los Angeles office
tower, recently sold for $147.8 million, about 45% less than its >>>>>>> previous purchase price in 2014. A Los Angeles office building
located near Century City and Beverly Hills sold for about 52%
coverthan its price five years ago. Read More
TrumpÂ's $540 Million Court Loss Tests His Â'King of DebtÂ' Claim >>>>>>> Trump Owes $112,000 for Every Day He DoesnÂ't Pay Fraud Fine (1) >>>>>>> Trump Trial Judge Slams Â'See No Evil, Hear No EvilÂ' Testimony
The Trump Organization owns or invests in multiple office towers >>>>>>> from New York to San Francisco. One of its key Manhattan
properties, 40 Wall St., was purchased by Trump in what his
business hails as Â"one of the great real estate deals of all
timeÂ" back in 1995. In 2015, it was valued at $540 million,
according to commercial mortgage-backed securities data. That has >>>>>>> since fallen to $270 million, the Bloomberg Billionaires Index
estimates. TrumpÂ's filing with the appeals court was the first
time heÂ's hinted publicly that he may not have enough liquid
assets to cover the verdict in the fraud case, where a judge ruled >>>>>>> Feb. 16 that the former president had misled banks for years in
violation of New York law. Trump also owes $83.3 million to writer >>>>>>> E. Jean Carroll, who won a defamation suit against him last month, >>>>>>> making matters even worse for the presidential candidate. In
testimony last year, Trump claimed to have more than $400 million >>>>>>> in cash. While thatÂ's a hefty sum, it wouldnÂ't be enough to
inthe bonds heÂ'd need to post with the court while appealing the
back-to-back verdicts. Trump has proposed posting a smaller $100 >>>>>>> million bond while he appeals the New York fraud verdict, arguing >>>>>>> that the judgment against him was Â"more than adequately securedÂ" >>>>>>> without posting a full bond to appeal. Trump said his Â"vast
ownership interests in New York real estateÂ" was sufficient to
ensure heÂ'll pay the fine if his appeal failed. After all, he
argued, Â"trophy propertiesÂ" like 40 Wall Street cannot be
Â"removed from the jurisdiction in secret.Â" In the appeals court >>>>>>> filing, TrumpÂ's attorney said other properties could be used for >>>>>>> collateral, including Trump Tower and Trump Park Avenue in
Manhattan, his Seven Springs estate outside New York City, and
Trump National Golf Club. Â'InsufficientÂ' Assets
James balked at TrumpÂ's offer for a smaller bond, arguing in a
letter to the appeals court that risked leaving the state empty
handed if TrumpÂ's appeal failed. Trump and the other defendants
thatthe case, including his two grown sons, Â"all but concede that Mr. >>>>>>> Trump has insufficient liquid assets to satisfy the judgment,Â"
James said in the letter. Â"A prevailing plaintiff is entitled to >>>>>>> have her award secured, and defendants have never demonstrated
civilMr. TrumpÂ's liquid assets could satisfy the full amount of the
judgment.Â" James has made clear that sheÂ's prepared to seize
TrumpÂ's assets if he doesnÂ't pay the verdict or post an appeals >>>>>>> bond on time, mentioning 40 Wall Street explicitly as a potential >>>>>>> target in a recent interview with ABC News. Habba, TrumpÂ's
attorney, criticized those remarks in her letter to the court,
accusing James of Â"shamelesslyÂ" threatening to seize TrumpÂ's
assets Â"if she is not paid quickly enough.Â" Despite TrumpÂ's
warnings about his financial condition, an appeals court judge in >>>>>>> Manhattan denied his emergency request Wednesday for a temporary >>>>>>> halt to enforcement of the verdict in the fraud case, at least for >>>>>>> now. But the former president will get another shot at arguing for >>>>>>> a delay that would last throughout his legal challenge to the
Marchfraud judgment. James will file a response to that request by
reasons.11, with any response by Trump due March 18. A full appeals court >>>>>>> panel could rule any time after that.
A friend of mine is a commercial real estate appraiser in NYC and
she tells me that the market is circling the drain for many
This would be the absolute worst time for Trump to have a fire sale >>>>>> of his properties. This full frontal attack on Trump is 100%
politically motivated and it should concern everyone no matter the >>>>>> party affiliation.
If tRump hadn't done the crime, he wouldn't be facing the
consequences now.
What crime?
Multiple instances of fraud.
Was anyone harmed?
The taxpayers.
How so? He didn't borrow from them.
He told the banks one value, and the tax people something entirely
different.
He got lower interest rates and contracts - which means others paid more,
or money was not available to them.
The banks were happy. He paid it all
back.
Then why is he having a problem coming up with the bond?
a
Banks loved working with Trump and still do.
Then why is he having a problem coming up with the bond?
Trump has been in the real estate business for decades so why all of
sudden is he being prosecuted?I think the answer I know is a lot different from yours.
I think you know the answer to that one.
Yours is just a CNN over dub
I don't watch CNN
In article <oobiui1uus8ae3b7hdrp7mrt7pqrpkphq9@4ax.com>, governor.swill@gmail.com says...
On Thu, 7 Mar 2024 00:10:53 -0000 (UTC), pothead
<pothead@snakebite.com> wrote:
A 'whale' like Trump would never take out a personal loan for this
amount of transaction. Although I wonder why his properties were not
shielded under a trust? Maybe they are, but I have not seen any
evidence of it.
If Trump is that stupid about his own finances, why should he be
anymore careful with ours?
Swill
Joe seems to think we can just give it away and forgive loans even
though we're trillians in debt.
Skeeter <skeeterweed@photonmail.com> wrote in news:MPG.4052deaff30492b5992101@usnews.blocknews.net:
In article <oobiui1uus8ae3b7hdrp7mrt7pqrpkphq9@4ax.com>,
governor.swill@gmail.com says...
On Thu, 7 Mar 2024 00:10:53 -0000 (UTC), pothead
<pothead@snakebite.com> wrote:
A 'whale' like Trump would never take out a personal loan for this
amount of transaction. Although I wonder why his properties were not
shielded under a trust? Maybe they are, but I have not seen any
evidence of it.
If Trump is that stupid about his own finances, why should he be
anymore careful with ours?
Swill
Joe seems to think we can just give it away and forgive loans even
though we're trillians in debt.
And you want to give the Treasury to tRump?!!
Baxter wrote:
Skeeter <skeeterweed@photonmail.com> wrote in news:MPG.4052deaff30492b5992101@usnews.blocknews.net:
In article <oobiui1uus8ae3b7hdrp7mrt7pqrpkphq9@4ax.com>,
governor.swill@gmail.com says...
On Thu, 7 Mar 2024 00:10:53 -0000 (UTC), pothead
<pothead@snakebite.com> wrote:
A 'whale' like Trump would never take out a personal loan for this
amount of transaction. Although I wonder why his properties were not >>>> shielded under a trust? Maybe they are, but I have not seen any
evidence of it.
If Trump is that stupid about his own finances, why should he be
anymore careful with ours?
Swill
Joe seems to think we can just give it away and forgive loans even
though we're trillians in debt.
And you want to give the Treasury to tRump?!!
pissbum skeeter worships the orange loser
https://postimg.cc/18RxKzpt
| Sysop: | Keyop |
|---|---|
| Location: | Huddersfield, West Yorkshire, UK |
| Users: | 300 |
| Nodes: | 16 (1 / 15) |
| Uptime: | 117:19:37 |
| Calls: | 6,703 |
| Calls today: | 3 |
| Files: | 12,235 |
| Messages: | 5,349,329 |