I wonder who’s running up the price?
https://www.marketwatch.com/story/dwac-stock-soars-as-vote-on-deal-to-buy-trump-media-nears-ada5c825
We’ve got a couple bottles of Brunello that fit the bill.
Bill! Ha! I slay me.
Anyone for whom half a billion dollars is not a critical loss, already has all the connection they need to any world leader they want.
But as for the complicated mess of ownerships… Sure, it’ll take time to unravel. But it’s not like the AG has to wait until Monday to do that. They’ve been anticipating this for a long time, and they have a lot of resources at their disposal that we armchair lawyers don’t. I imagine that they’ve already unraveled all of it, and know exactly where and how they’re going to strike next week.
He doesn’t even have to fly commercial. When that thing was out of commission and rusting away on some New Jersey airfield, Trump was flying around on the Cessna Citation that he also owns.
ETA: I had assume this was leased or chartered, but just noticed @Johnny_L.A 's post that one of his companies owns it. So taking away the 757 would have zero effect on his ability to campaign. But God only knows who would want it.
I can’t imagine how horrible it would be to have to sit next to him on a commercial flight. Worst. Seatmate. Ever! Let him have his planes…
Dammit! So much for my living in a Florida single-wide fantasy.
What if he is convicted of a felony and has to serve prison time. Does that scenario make M-a-L seizure more likely?
I wouldn’t be surprised if Orangeboy had his bond ready through Musk. Or Putin. Or both. Or even his personal doctor who claimed he was in perfect health, better than any other presidential candidate. Just to delay, delay, delay it for a few more days while they verify the money move. 
We’ll find out within hours if the orange felon had something lined up and lied about it. But it won’t be Musk, who’s notoriously cheap. Putin seems very unlikely. What would he have to gain when Trump is already his lapdog? Putin’s limited dollars are going to be spent on trying to get the orange shitbag elected.
I don’t see any question about whether he has something lined up. Trump went out of his way (so to speak) during the trial to make sure he received a very large judgement. While he might not have known the exact amount, he’s been playing this game for decades, now, so he must have had a good idea.
I am also not sure what he was to supposed to have lied about. He asked for a reduction in the bond amount, citing bonding companies reluctance to issue large bonds.
I don’t believe any of what has happened in either the NY AG James case, the E Jean Carroll case, or any of the others for that matter, has not already been carefully planned for by Trump. He didn’t build his real estate fortune by not being able to plan what was going to happen next and steer it to his benefit.
An article about why Trump’s Truth Social sale probably won’t help his financial woes. Poor Donnie!
https://www.cnn.com/2024/03/22/business/trump-truth-social-dwac-shares/index.html
don’t mess with the judge when you are facing a huge judgement. from Judge wants details on any Trump Organization attempts to secure a bond in its civil fraud case (msn.com)
Judge Arthur Engoron said Thursday that Trump’s company needs to provide details to a court-appointed monitor on attempts to obtain a bond that would stop authorities from collecting on the judgment while it appeals last month’s ruling. The monitor, former federal Judge Barbara Jones, is to report regularly to Engoron.
“The Trump Organization shall inform the Monitor, in advance, of any efforts to secure surety bonds,” Engoron said in his order, as well as “any personal guarantees made by any of the Defendants,” which would include the former president.
The order — part of a larger ruling detailing and expanding the monitor’s duties — comes days before the deadline for Trump and his co-defendants to secure a bond that would stop New York Attorney General Letitia James’ office from being able to collect on the judgment while they appeal Engoron’s ruling.
Then Trump will want an Anti-Monitor to counteract her.
I think you’re giving Trump far, far too much credit. He’s both stupid and delusional and incapable of “planning” much of anything. I’m sure that he fully expected to prevail in both this and the E Jean Carroll case. Now that he’s lost this one, too, he’s pulling a variant of the same stunt he tried in that one, where he claimed that his vast wealth made it unnecessary to post a bond at all, reflecting his disinclination to pay anyone for anything if he can possibly avoid it. In this case, however, I suspect that he really doesn’t have the money, his pal at Chubb won’t put up a a bond in that amount, and I’m inclined to believe him when he says that neither will any other surety company. But we’ll see.
As for his alleged “real estate fortune”, we don’t know to what extent his holdings are burdened with debt. It’s been plausibly suggested that despite living high on the hog, Trump’s net worth might actually be negative. The only thing he seems really adept at is starting ventures that lose money and then go into bankruptcy.
It may be that the only potential cash he might actually have would come from the ownership of Truth Social going public, which may not even happen, but if it does, that stock appears to be grossly overvalued, is not at all liquid, and may become worth even less as the TS user base continues to dwindle. It’s shaping up like another Trump business disaster.
I’ve got some Breckenridge Bourbon for Monday.
BRECKENRIDGE BOURBON 105 HIGH PROOF WINS WORLD’S BEST BLENDED WHISKEY
I may need more.
That sound you hear in the background are his lawyers shouting “Shut the fuck up, Donny!”
It’s almost… almost like the judge will not simply take the simple word of the man convicted of fraudulently mis-stating his assets. What a mean judge!
Trump Media merger wins investor approval, netting Trump potential windfall (msn.com)
Question: could the NY AG’s office seize Trump’s shares in his social media company as assets?
She’s a sucker if she does. Those stocks are a bubble just waiting to burst.
Could she size them and immediately sell them and keep what she gets?
Probably not. The major shareholders, Trump included, are prohibited from selling the stocks (or using them as collateral) for six months, I believe. I predict that six months down that road the stocks will be more accurately valued.
Truth Social is losing money and members. Anyone who thinks the paper valuations being tossed around are correct is a sucker.