financial troubles

Donald Trump owes more than $100m from lawsuits, financial disclosures show

As I delve into the convoluted financial web that Donald Trump finds himself entangled in, it becomes increasingly evident that the man is not just a failed businessman, but a cunning con artist who has managed to swindle his way through life with audacious disregard for the consequences of his actions. The fact that he owes more than $100 million from lawsuits, as revealed by his financial disclosures, is just the tip of the iceberg when it comes to his mountain of debt and legal troubles.

It is absolutely mind-boggling to me that there are still people out there who staunchly support Trump, blindly refusing to see the truth that lies right in front of them.… Continue reading

Russia, hit by new US sanctions, halts dollar and euro trade on main bourse

The recent news of Russia being hit with new US sanctions and subsequently halting dollar and euro trade on its main bourse has sparked a wave of reactions and speculations. Many Russians, mindful of the historical crashes of the rouble, hold their savings in foreign currencies, but the central bank assures that these deposits are secure. However, trusting the Russian central bank can be a precarious decision. If I had money in Russian banks, I would undoubtedly be anxious to withdraw it before it potentially disappears into thin air. The recent surge in dollar rates at some banks post-sanctions news is not surprising, as it signifies a possible downward spiral for the Russian currency.… Continue reading

Donald Trump needs to find $712m by tonight as part of a civil fraud case. Here’s what happens if he fails

Donald Trump finds himself in yet another precarious situation, this time needing to come up with a staggering $712 million by tonight as part of a civil fraud case. The sheer magnitude of this monetary requirement is mind-boggling, especially considering his history of financial troubles and dubious business dealings. It is evident that Trump’s reckless and irresponsible financial behavior has finally caught up with him, leaving him scrambling to find a way out.

The idea that Trump could potentially acquire the funds from billionaires or individuals overseas is not only concerning but also raises serious questions about who would be willing to bail him out.… Continue reading

Donald Trump’s properties have at least $200M in outstanding loans

It is truly astonishing to think that Donald Trump’s properties have at least $200 million in outstanding loans, and that is simply scratching the surface of his overall debt. Reports suggest that he owes a staggering $472 million in loans, all due before the end of the year. With his total debt likely surpassing his assets, it’s no wonder he finds himself in such a precarious financial situation.

The idea of watching a notorious bully like Trump finally face the music for his years of deception and dishonesty is almost satisfying. While he may find a bailout at the last minute, the thought of his shady dealings catching up to him is something many have been waiting for.… Continue reading

Trump has been unable to get bond for $464 million judgment, his lawyers say

Trump has been in quite a pickle recently. His attempt to seek a reduction in the bond amount from $464 million to $100 million was unsuccessful, and now his lawyers are arguing he shouldn’t have to put up any bond at all. It’s quite amusing to see the man who prides himself on being a billionaire struggling to come up with a fraction of that amount.

In a desperate attempt to delay posting the bond until his appeal is over, Trump’s lawyers have argued that the value of his properties far exceed the judgment. However, considering the fact that inflating property values was one of the things he was found guilty of, it’s hard to believe that any bond provider or court would believe such a statement.… Continue reading

It Seems Trump Still Has No Idea How to Post That Massive Fraud Bond: No one wants to help out poor old billionaire Donald Trump.

It seems that poor old billionaire Donald Trump still hasn’t quite figured out how to post that massive fraud bond in his New York civil fraud trial. The clock is ticking, and with just twelve days left to pay, it appears that no one wants to help out the former President.

Trump, who claims to be a billionaire, attempted to delay posting the bond and even offered to put up just $100 million. However, his lawyer has been vague about the reasons behind this puzzling decision. It’s clear that Trump is in a tight spot, and his desperate attempt to avoid his financial obligations is catching up to him.… Continue reading

Trump offers $100m bond instead of full $454m as he appeals New York case

The recent news about Donald Trump offering $100 million as a bond instead of the full $454 million really speaks volumes about his financial situation. It’s quite telling that even his own family members are not willing to help him out in this predicament. It seems like the man infamous for his negotiating skills is truly in dire straits.

The fact that Trump’s lawyers disclosed their inability to secure a bond for the full amount reveals a lot about his financial standing. The idea that he might have to sell off his New York properties under urgent circumstances is certainly a harsh blow for someone who prides himself on his wealth and success.… Continue reading

Donald Trump appeals $454 million judgment in New York civil fraud case

I couldn’t help but feel a mixture of disbelief and slight amusement when I first heard that Donald Trump was appealing the $454 million judgment in the New York civil fraud case. It almost feels like a never-ending saga, with each new development adding another layer of intrigue to an already convoluted situation.

Trump’s lawyers have certainly made a bold move by submitting a factual appeal without posting the bond required for the process to move forward. The fact that they are attempting to challenge the case on the grounds of a misapplied law and an expired statute of limitations adds another twist to the narrative.… Continue reading

Donald Trump accused of not having the cash to pay $400M bond

It’s a staggering realization to see a man who touted his wealth and financial prowess now struggling to come up with $400 million to pay a bond. The irony of it all is quite rich. Donald Trump, the man who claimed to have cash on hand, seems to be caught in a web of financial discrepancies. The accusations of not having the cash to pay the bond raise questions about his integrity and truthfulness, especially when it comes to his financial declarations.

One cannot help but wonder if Trump’s claim of having the cash on hand was simply a facade to project an image of wealth and success.… Continue reading