Topix Underground

"...The secret: does Trump have the money to pay Carroll?

Trump says he’ll appeal. He has few grounds to challenge the federal court judgment. But if Trump does appeal, it will pull back the curtain on  his murky finances, where inflated valuations and concealed obligations are common.

Only a foolhardy or corrupt banker would issue Trump a bond enabling his appeal of the $83.3 million award to E. Jean Carroll.

Trump testified almost a year ago that he was sitting on $400 million of cash. Be skeptical. Don’t discount the prospect that Donald conflated his personal money with cash from his MAGA fundraising operations, which by law cannot be used to pay Carroll.

Appealing will require Trump to either deposit the entire judgment amount with the court or obtain a bond covering 20% of the judgment, close to $17 million.

If you were in the financial business, would you loan any money to Trump? What if he offered to pay a fat fee upfront? A high-interest rate? What real estate would you take as collateral to back the bond, knowing that if the appeal fails, Trump will fight to keep you from collecting?..."