Former President Donald Trump must pay writer E. Jean Carroll over $83 million in damages for repeatedly defaming her, a jury found Friday.
The nine-person jury began deliberations in federal court in New York at 1:40 p.m. ET and reached a verdict in just under three hours.
Yes, he could get a bond. But these bonds are generally 100% collateralized, because the bank is unlikely to get their money back. So that just means his property will be under lien during the appeal and auctioned off if he loses.
Generally. Trump has an uncanny ability to secure bank loans though. And, if New York requires him to sell his properties in the fraud case it wouldn’t surprise me if he was able to leverage the impending sale to secure the bond and then pull, well, a trump.
Remember, the rules you and I play by are not in effect here.
Well, he was able to secure loans back before it was revealed that he misrepresented the value of his assets. Now, perhaps it won’t be so easy.