Simmsy Posted April 16 Share Posted April 16 2 minutes ago, Captain Wiggles said: You had to wear a shopping bag for seven of those ten days didn't you? 🤔 One of the boys came home with different pants on, I asked him about it and he said the ones I gave him were too small. I don't know where the other pants came from, I didn't ask. 3 1 Link to comment Share on other sites More sharing options...
Califan007 The Constipated Posted April 16 Share Posted April 16 2 minutes ago, tshile said: I’m imagining the scenario is everyone did their part to put it all together and spent days if not weeks waiting for the final signature. Only to have Trump literally wait until the last minute to sign, right up against a deadline, causing such and oversight one that probably in a regular business dealing not subject to such scrutiny slips by. Only to be discovered when he doesn’t pay them back, they go to enforce the contract, which then creates leverage for team Trump to litigate or refuse to pay. Ultimately ending in him not paying or paying a significantly reduced amount as a settlement. his people are known for creating and abusing such situations. There’s a list miles long of small contractors claiming they never got paid because they couldn’t afford to go after him on the contract. See, this makes total sense lol...for instance, doing stuff like a literal last-minute filing HAS to be for more reasons than "whoops" or general incompetence. Either way, I'm hoping it backfires stupendously. 1 Link to comment Share on other sites More sharing options...
The Evil Genius Posted April 16 Share Posted April 16 (edited) Damn pleaseblitz. Why they got to do you this way. Edited April 16 by The Evil Genius 6 Link to comment Share on other sites More sharing options...
Larry Posted April 16 Share Posted April 16 10 minutes ago, Simmsy said: One of the boys came home with different pants on, I asked him about it and he said the ones I gave him were too small. I don't know where the other pants came from, I didn't ask. He's your kid. Isn't he? 1 Link to comment Share on other sites More sharing options...
China Posted April 16 Share Posted April 16 (edited) 3 minutes ago, The Evil Genius said: Damn pleaseblitz. Why they got to do you this way. Can we keep the trial stuff to the Trump Trial thread? This thread is for his civil fraud case. Edited April 16 by China 1 1 Link to comment Share on other sites More sharing options...
Simmsy Posted April 16 Share Posted April 16 53 minutes ago, Larry said: He's your kid. Isn't he? Nope, those kids are Aryan Brotherhood looking white, can't pin that one on me. 3 Link to comment Share on other sites More sharing options...
Cooked Crack Posted April 16 Share Posted April 16 (edited) Wrong thread. Dang Edited April 16 by Cooked Crack Link to comment Share on other sites More sharing options...
China Posted April 20 Share Posted April 20 NY AG asks Trump civil fraud judge to declare $175M bond ‘without effect’ The New York attorney general’s office has asked a judge to void the $175 million bond former President Trump secured to put off paying the larger monetary damage award in his civil fraud case. State lawyers said in court filings Friday that the former president and his co-defendants — the Trump Organization and its top executives, including his two eldest sons — failed to prove the surety Trump used to obtain the bond actually has the money to back it. They also say the defendants did not show that “sufficiently secure and ascertainable” collateral backs the bond. “Based on the foregoing, the People respectfully request that the Court deny Movants’ motion to justify the surety, declare the Bond to be without effect and order that any replacement bond be posted within seven days, along with such other and further relief the Court deems necessary and appropriate,” lawyers with New York Attorney General Letitia James’s (D) office wrote in a 26-page filing. Click on the link for the full article 2 Link to comment Share on other sites More sharing options...
TheGreatBuzz Posted April 20 Share Posted April 20 Not sure why Trump should keep getting do-overs. First he had his bond reduced, then his bond company isn't qualified and he gets more time to straighten it out and they still can't get it right. Tell him to pay immediately or the DA will start seizing assets. 5 Link to comment Share on other sites More sharing options...
Larry Posted April 20 Share Posted April 20 Yeah, I'm under the impression that, in order to get a stay on a court's ruling (that he owes this money), the person appealing has to show 1) That irreparable harm will occur if the ruling is enforced, while being appealed. 2) And that the appellant has a reasonable chance of winning the appeal. Now, I can kind of see how the first might be true. That, if the AG begins attempting to place tax liens on Trump properties, this could cause foreclosures and other sudden forced sales. It could trigger Trump being forced to sell properties, at well below market value. (Or at least, people will CLAIM it's well below market value.) I have no clue how a judge can rule that the second part is true. 1 Link to comment Share on other sites More sharing options...
Califan007 The Constipated Posted April 20 Share Posted April 20 1 hour ago, TheGreatBuzz said: Not sure why Trump should keep getting do-overs. First he had his bond reduced, then his bond company isn't qualified and he gets more time to straighten it out and they still can't get it right. Tell him to pay immediately or the DA will start seizing assets. I would imagine that the state and AG would prefer getting the money instead of going through the hassle of seizing properties and bank accounts and trying to (I guess) sell off real estate to get the money. If so, then one more week won't hurt if he's somehow able to indeed come up with a solidly guaranteed bond (or just pay the entire thing in cash). I'm also unsure if giving defendants several attempts to get things right is the norm or not. It very well may be. It may not just be because he's Trump... 1 Link to comment Share on other sites More sharing options...
Cooked Crack Posted April 22 Share Posted April 22 Why would he need a bonding company then? 🤔 1 1 Link to comment Share on other sites More sharing options...
Cooked Crack Posted April 22 Share Posted April 22 Link to comment Share on other sites More sharing options...
Califan007 The Constipated Posted April 22 Share Posted April 22 Yeah, I wouldn't trust Trump having access to the bond account, either...that would be stupidity at its finest. 2 1 1 Link to comment Share on other sites More sharing options...
China Posted April 22 Share Posted April 22 2 hours ago, Cooked Crack said: This is why Trump is such a bad businessman. He's putting up $175 million in cash to the insurer (bonding company) rather than just paying the bond himself. Now he also owes the bonding company a fee which is several million dollars. Not sure why he didn't just pay the bond himself and save the cost of the fee. 1 Link to comment Share on other sites More sharing options...
PokerPacker Posted April 22 Share Posted April 22 4 hours ago, China said: This is why Trump is such a bad businessman. He's putting up $175 million in cash to the insurer (bonding company) rather than just paying the bond himself. Now he also owes the bonding company a fee which is several million dollars. Not sure why he didn't just pay the bond himself and save the cost of the fee. Something fishy going on here. 3 Link to comment Share on other sites More sharing options...
LadySkinsFan Posted April 23 Share Posted April 23 38 minutes ago, PokerPacker said: Something fishy going on here. I'm sure the State DA will make sure that the paperwork is filed properly. Link to comment Share on other sites More sharing options...
Fergasun Posted April 23 Share Posted April 23 @China @LadySkinsFan @PokerPacker Except that's not what is happening. He's paying some percentage of $175M, so that his $175M can earn him interest. If the bond fee is 4%, it's "only" $7M. Let's assume his appeals last 2 years. If his brokerage account is in a 4% money market fund, he will gain $14M in interest over those 2 years, thus making him money. Since the DA and Court agreed that Knight gain control of that account, seems like they will just keep his cash in there. 1 Link to comment Share on other sites More sharing options...
Simmsy Posted April 23 Share Posted April 23 4 hours ago, Fergasun said: @China @LadySkinsFan @PokerPacker Except that's not what is happening. He's paying some percentage of $175M, so that his $175M can earn him interest. If the bond fee is 4%, it's "only" $7M. Let's assume his appeals last 2 years. If his brokerage account is in a 4% money market fund, he will gain $14M in interest over those 2 years, thus making him money. Since the DA and Court agreed that Knight gain control of that account, seems like they will just keep his cash in there. That 14 million won't last a few months, let alone 2 years, with all the legal fees he's racking up. Once group (if I remember correctly), raised about 3.5 mil for Trump and it was reported that all of that went to legal fees...for just the month of March. It wasn't even stated if that paid off the legal fees. I don't see a guy campaigning anymore, I see a panicked worker trying to raise money to stay afloat. 1 Link to comment Share on other sites More sharing options...
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