gregorum@lemm.eecake to News@lemmy.worldEnglish · 5 months agoTrump has been unable to get bond for $464 million judgment, his lawyers saywww.nbcnews.comexternal-linkmessage-square157fedilinkarrow-up1704arrow-down114
arrow-up1690arrow-down1external-linkTrump has been unable to get bond for $464 million judgment, his lawyers saywww.nbcnews.comgregorum@lemm.eecake to News@lemmy.worldEnglish · 5 months agomessage-square157fedilink
minus-squarefine_sandy_bottom@discuss.tchncs.delinkfedilinkarrow-up2·5 months agoDoubtful. That would penalise the banks, which is a no-no, economically speaking. They can force sale but the banks get first cut.
minus-squareobviouspornalt@lemmynsfw.comlinkfedilinkarrow-up1·5 months agoThen given how leveraged the properties likely are, a bunch of them will have to be sold to make the 500 mil.
Doubtful. That would penalise the banks, which is a no-no, economically speaking.
They can force sale but the banks get first cut.
Then given how leveraged the properties likely are, a bunch of them will have to be sold to make the 500 mil.