Tuesday, March 19, 2024

Failure

 NY Times: What We Know About Trump’s Failure to Arrange a Half-Billion-Dollar Bond - Donald J. Trump’s lawyers told a judge that their client could not come up with collateral that would stave off efforts to collect a $454 million judgment. He has six days left. By Kate Christobek and Ben Protess

If he cannot produce the bond by March 25, Mr. Trump faces the possibility of financial disaster and humiliation. New York’s attorney general, who brought the fraud case, would be entitled to collect the $454 million and could seek to seize Mr. Trump’s New York properties or freeze his bank accounts. 

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