You are reading a single comment by @hugo7 and its replies. Click here to read the full conversation.
  • The $400m in cash was said on court docs some time ago. I have heard some journalists say that has been invested somewhere now.

    Even if he only needs to 147m, how can a man with 400m in cash and billions in assets be unable to secure a bond? I suppose that there could be a political element, it could also be that the bond is viable but the companies don't believe that they can call it in on a sitting president so any security is meaningless.

    Could also mean that he can't afford it.

  • I did wonder if it was a risk thing, given that he's not renowned for paying debts at the best of times. But surely you take a charge over some assets and lend the money? Would a president be able to block that? Or is it the ensuing fallout that means it's not worth it?

  • It really may be that they have seen his attitude to power, give him a 60+ % chance of him being the next potus and wonder, "even if the loan/bond is secured on the equivalent value in assets, how do we call it in on POTUS trump and come out with our money and without huge harm to our business".

About

Avatar for hugo7 @hugo7 started