I expect Trump to liquidate NY assets and never cross State lines again...

[WarGamer]

We'll see how much his Trump Tower penthouse and the retail area are worth...

[struggle4progress]

1. He can move operations to Florida and sell the sinking swampy coastlands

[WarGamer]

2. I don't know the net value...

But he has LOTS to sell in NY.

Trump claims his penthouse at Trump Tower is worth $200m

We're about to find out

[Onthefly]

3. Sell Trump Force 1 and fly Spirit

[WarGamer]

5. Not even that valuable...

His NY Real Estate assets will more than pay for this debt.

[Irish_Dem]

20. It will hurt his ego to sell off his namesake properties.

[WarGamer]

23. Yes but he probably doesn't have a choice.

[Irish_Dem]

24. Exactly. There will be pain. And huge anger.

Yes he doesn't have the liquidity to pay the fines.
Or he will be close to wiped out.

[Clearheadsam]

27. Not after paying capital gains and who knows if they are mortgage free

[FHRRK]

29. The value of the assets is not equal to Trumps value or net worth

He has always been leveraged to the limit.

[VMA131Marine]

39. Not according to Michael Cohen

There are outstanding mortgages on them which will substantially reduce how much cash he can raise.

[madinmaryland]

45. The vermin infested plane barely flies!

[Beakybird]

4. I don't think that Trump can sell anything in NY state without the permission of the court.

[WarGamer]

7. If they expect a Judgement... I'm sure they will OK sales. Why not?

[Beakybird]

31. Yeah, they can sell their NY real estate, but they can't pocket the money.

[LiberalFighter]

18. Has to go thru the special monitor.

[Deuxcents]

26. My thought, too. If he's not able to do business, how can he negotiate and sell property?

[obamanut2012]

32. He has MAL and Doral in Florida, golf clubs in NJ, etc.

[Deuxcents]

36. Right. Golf course in Scotland, but I thought we were talking about NY properties

[brooklynite]

37. A New York entity can hold non-New York assets which can be seized for settlement.

[TwilightZone]

6. Forbes says he has $400M+ in cash and liquid assets.

Andrew Weissman said much the same a bit ago on MSNBC. He said that this and the Carroll judgments would pretty much wipe out his liquidity and might require selling assets. So, he may have enough to cover, but very little cushion if the Forbes numbers are accurate.

Someone on MSNBC also noted (didn't catch who it was) that his remaining NY assets are unlikely to be worth enough to cover the $450M (with interest).

https://www.forbes.com/sites/alisondurkee/2024/02/16/can-trump-pay-his-legal-fines-what-to-know-as-ex-president-now-owes-more-than-440-million-after-fraud-trial-verdict/?sh=35d7305e11e1

The bigger problem is that this is going to make it incredibly difficult to acquire any other funding.

[Irish_Dem]

22. He always has the bank of Russia.

[FHRRK]

33. What is the probability that some lazy fuck/kiss ass at Forbes took trump at his word

For his liquidity????

I call bullshit

[ProfessorGAC]

43. See My Post #35

Like you, I don't trust Forbes' estimates.

[ProfessorGAC]

35. Forbes! LOL!

In their last billionaires' list, they still didn't have the Deutsche Bank Germany & Bank of China loans in the liabilities column. These loans are public information.
The mentioned nothing about the loans to Russian investors that the idiot kid admitted existed or the Saudi loans the TFG himself acknowledged.
They said he was still worth $2.3 billion while ignoring over a billion in loans.
Now, we're supposed to believe Forbes' estimate of his liquidity?
Not i.

[TwilightZone]

44. That's not the point.

You're free to believe whatever you want to believe, but pretty much everyone agrees on the $400M, including many sources other than Forbes. My point was that the assertion some are making that he has no liquid assets and nothing on which to borrow is simply false. Trump has no debt on several of his holdings in NY and he more than likely has a few hundred million in liquid assets.

As far as the Forbes total, most of the items are broken down by individual asset and its related debt here:

https://www.forbes.com/sites/danalexander/article/the-definitive-networth-of-donaldtrump/?sh=873cfa72a8ed

[ProfessorGAC]

46. Waste Of Time

A thorough review of their last listing of his net worth was detailed in my last post. You posted a link to the very source I do not trust, with good reason.
And, you're relying on "other sources" to describe the liquidity of a guy who just got a $360 million fine for FINANCIAL FRAUD.
And, you're going to accept these estimates at face value. The numbers cannot be trusted.
That is the point.

[Johnny2X2X]

8. He's 100% going to get his rubes to donate to pay

And watch, he’ll get busted for misusing campaign funds to try to pay this.

[Clash City Rocker]

47. I heard that the judge extended the independent monitor for three years

Specifically to check if he did something like that. So hopefully they catch him in the act, because I’m sure he’ll try.

[edhopper]

9. He can't

He can't business in NY. He can't make the decision for the Trump company to sell.

[WarGamer]

10. And you don't think the Court would give permission to sell? That doesn't even make sense.

[edhopper]

13. Someone else would have to do the deal

And it must be okayed by the courts. So who is buying his crappy properties?
He can't do business, he can't make the decisions, whoever will be running his company has to.

[Johnny2X2X]

11. Donations. He'll juice his rubes

And watch, he’ll get busted for misusing campaign funds to try to pay this.

[Voltaire2]

12. Great! He owes 85M for his other civil trial.

He can just put that directly into her account.

[Fiendish Thingy]

14. He can't liquidate

He doesn’t run the company anymore, so he can’t liquidate it.

At least, not for three years.

[WarGamer]

15. So he asks the Court... if they want a Judgement, they'll let them sell

[Fiendish Thingy]

16. Well, if he intends to pay, sure

Do you think he’ll agree to pay?

I think the state, after prevailing in the appeal, will still have to move to seize his assets to resolve the disgorgement.

My guess is, he will drag the appeal out over three years, until he is control of his companies again, then he will liquidate, move his assets out of state, and leave his bond holder holding the bag.

If he can get away with it.

It will be fun to see if he has to do this from prison.

It’s all gonna be fun.

[WarGamer]

17. Actually I read the order. The Judge did NOT freeze the companies...

He stopped Trump from serving as an officer or director. Cant they just appoint a new CEO?

ORDERED that defendants Donald Trump, Allen Weisselberg, and Jeffrey McConney are
hereby enjoined from serving as an officer or director of any New York corporation or other
legal entity in New York for a period of three years

[Fiendish Thingy]

19. But the judge also appointed a Compliance Director

I’m guessing that person could quash any liquidation efforts.

[WarGamer]

21. Compliance Director makes sure Trumps and Weisselberg are no longer directors.

That's ALL the Judge ordered.

Nothing stops the company from going forward.

Trump just can't be an officer or director.

Trump asks the Court to approve a new CEO and Board of Directors.

[WarGamer]

25. Ironically, the Judge didn't restrict the BUSINESS itself.

[Progressive dog]

40. Trump has to put up the money

or he doesn't get to appeal. The state will charge interest, too.
Trump will still have to pay the court, even as appeals go through

Even though Trump is waiting on multiple appeals decisions, he will have to give the court the money to hold on to. If Trump wins any of his appeals, he can get his money back.

Trump has a few options in paying the court. He could pay up everything that he owes now in cash. Or he could try to get an appeal bond, meaning he wouldn’t have to pay all the cash up front in exchange for a premium and putting up collateral.
https://www.theguardian.com/us-news/2024/feb/16/how-will-trump-pay-trial-penalties

[ProfessorGAC]

28. If They Try That...

...those properties will be worth less.
Knowing it's a fire sale brings the bargain hunter out in investors.
If one HAS TO sell, why would anybody pay other than a discount price?
Are the Saudis going to come to the rescue again?

[OAITW r.2.0]

30. Given the current market for office space in major urban centers,

this probably would be a tough market to cash out of.

[Mz Pip]

34. Kristi Noem

invited Trump to do business in South Dakota. So, he has options. 🤣

[Progressive dog]

38. I expect him to appeal

if he can find the money to deposit to pay the award if he loses. He can't liquidate but even if he could it would be a fire sale. It's a lot of money to raise in 30 days even from his worshipers.

[lastlib]

41. He will have to come back to NYC for the Stormy Daniels case....

If he's convicted, he may not be able to leave NY state jurisdiction for a while, except to attend his other trials. This is purely conjecture on my part, but it has been a practice in other kinds of cases in my experience.

[Jose Garcia]

42. He can simpy appoint Ivanka or Jared to "run" things

His biggest problem is coming up with the money fot this judgemental and the one for Carrol.