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  • Is it me or have they missed the fact/story that he's not able to secure $147m?

    He had $400, less $83m from his other case = $317m in liquid assets.

    ... and $464m - $317m, means he should be short about $147m, right?

    Given all his real estate I'd have thought $147m should be a trivial amount to obtain.

    Unless of course he's full of shit and never has anywhere near $400m in liquid assets.

  • Possibly. The whole thing is hilarious.

    According to the reports, bonds are likely only given against quickly realisable assets. Real estate doesn't count

  • He's cooked. His failings are coming to a head: the court cases, the crazy speeches, the desertions by his former allies, the money troubles...he will get fewer votes than he did in 2020. And in 2020 he lost heavily: 232 electoral votes to Biden's 306, 46.9% of the popular vote to Biden's 51.3%. There's no way he can win.

  • There's no way he can win.

    That sounds horribly familiar.

  • This is weird isn't it - it's presumably not just to have a laugh at Sunak; is there something going on that would require this?

  • There's no way he can win

    He'll win.

  • There's no way he can win

    Don’t underestimate the USA.

  • He’s definitely gonna win now.
    A massively popular figurehead who is for sale.
    He can absolutely be bought by the highest bidder

  • 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.

  • Those who are definite trump won't win can make a pretty penny betting on it.

    https://www.oddschecker.com/politics/us-politics

  • He could be in prison tomorrow and he'll still win

  • He'll go bankrupt, then spin it as him being a working class hero fighting the establishment

  • 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?

  • This is profoundly fucking depressing.

  • He's been really pushing for Presidents to be immune from any legal charge - if he was asking me to lend him half a billion quid that might make me ask for pretty significant guarantees which could not conceivably be reneged upon.

  • Given all his real estate I'd have thought $147m should be a trivial amount to obtain.

    Unless of course he's full of shit and never has anywhere near $400m in liquid assets

    I rather suspect that he doesn't have that much in net assets, let alone liquid assets.

    The whole case was due to his fraudulent valuations.

    That he cannot raise a loan is likely a combination of all of the above - lack of collateral, lack of liquidity, propensity to delinquency, history of fraud etc...

    And if Deutsche Bank isn't lending, it means that they can either no longer funnel Russian money to him any more, or the money is not being dropped into the funnel at all.

  • This is weird isn't it - it's presumably not just to have a laugh at Sunak; is there something going on that would require this?

    Very. Completely agree. He was only there for just over an hour, I heard. Odd.

  • It would be so beautiful if he went bankrupt, then lost the election, then went to jail.

  • the reverse american dream

  • It will just be some sort of leader to ex-leader networking bullshit. "Come and speak for my foundation when you are free next year" sort of bollocks. Suspect it is the "done thing" to extend these sort of courtesies to ex-Presidents

  • "Hey Rishi, I heard you might have a lot of free time very soon..."

    Hahahahaha!

  • Bearing in mind that he's on charges of fraud and deliberately inflating the value of his assets, I wouldn't be surprised that the reason he could not secure a bond is because they could not agree on what his assets were worth.

  • 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".

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