Less than a month after New York Attorney General Letitia James said she would be willing to seize former Republican President Donald Trump’s assets if he is unable to pay the $464 million required by last month’s judgment in his civil fraud case, Trump’s lawyers disclosed in court filings Monday that he had failed to secure a bond for the amount.

In the nearly 5,000-page filing, lawyers for Trump said it has proven a “practical impossibility” for Trump to secure a bond from any financial institutions in the state, as “about 30 surety companies” have refused to accept assets including real estate as collateral and have demanded cash and other liquid assets instead.

To get the institutions to agree to cover that $464 million judgment if Trump loses his appeal and fails to pay the state, he would have to pledge more than $550 million as collateral—“a sum he simply does not have,” reportedThe New York Times, despite his frequent boasting of his wealth and business prowess.

  • FrostyTheDoo@lemmy.world
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    8 months ago

    I don’t know much about her and I don’t watch her press conferences. I’m not defending anyone, your comment has just genuinely confused me because I’ve never heard of this stereotype in my 33 years on earth, living in a racist state in a racist country.

    I’m just asking how a hair flip and pearls is racist? Can you explain that?

    • givesomefucks@lemmy.world
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      8 months ago

      (Letitia James, wearing her pearls and flipping her hair) “You best believe it.”

      She’s a high level public employee…

      No one would imply a white woman in her position acted like that, and despite you and the other account insisting she acts like that so it’s not racist, neither of you show any interest in taking the two seconds to prove it if she always acts like that like the other account said.