https://www.dailymail.co.uk/news/art...ve-merger.html
Trump's net worth surges to $6.4 BILLION to make him one of the world's 500 richest people for the first time after he completed his social media company's lucrative merger
damn, son
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03-25-2024, 07:36 PM #1
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03-25-2024, 09:37 PM #8
WTF? I used to think trump was a lying POS scumbag, but now he's worth $6BN, I love him!
Turns out he wasn't quite rich enough for me to ignore what I now realize are in fact minor, in fact trivial, personality flaws, now he has more money. Who knew?!GO LOCAL SPORTSBALL TEAM
*** Pureblood Master Race - PM for free sperm sample, personally, and 𝘪𝘯𝘵𝘪𝘮𝘢𝘵𝘦𝘭𝘺 delivered (ladies only) ***
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03-25-2024, 09:55 PM #9
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03-25-2024, 11:14 PM #12
I wonder why if his net worth is so high, he can't front this bond?
This figure is just a number that doesn't really mean anything since he's struggling to get that bond. He appears much, much richer than he is on paper because of Truth Social. There are still limits on how much and how often he can cash his shares.
He owns a lot of stuff that isn't liquid, and the only appeal in Truth Social is Trump himself. If he sells share, the stock price will actually decrease since people will assume he's walking away from it. If he actually died, the value would fall off a cliff.
Investors in this are POS idiots who will cry when their retirenment nest eggs evaporate.Back off, Warchild.
Seriously.
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03-26-2024, 12:29 AM #13
- Join Date: Dec 2010
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He can front the bond He's always been able to do it. Read his filing last week. He said it was impossible to get a bond on real estate. He also said they bonds people needed marketable securities (he has now, at the time of that request it was true - they were private not marketable ). The filing was exactly what any legal teams to try to do on attempt to get a stay on the bond or reduce it, and it worked. He could have secured a cash loan- never said he couldn't
Also- The appeals court made the decision, knowing likely the entire judgment will go away, if not reduced considerably.“A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.”
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03-26-2024, 02:52 AM #14
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03-26-2024, 03:25 AM #16
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03-26-2024, 03:26 AM #17
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03-26-2024, 03:28 AM #18
- Join Date: Dec 2010
- Location: Georgia, United States
- Posts: 26,266
- Rep Power: 349271
There was no jury
Judge in Trump's New York fraud trial explains why there's no jury
By Graham Kates
October 11, 2023 / 3:51 PM EDT
Former President Donald Trump did not request a jury for his New York civil fraud trial, but even if he had asked for one, the answer would've been "no," a judge said Wednesday.
Judge Arthur Engoron addressed an issue that had been the subject of speculation on social media and by Trump himself, saying it "keeps coming up," even though he doesn't "read the papers or go online to read about" the trial.
Engoron is presiding over the bench trial of a $250 million lawsuit filed in 2022 by New York Attorney General Letitia James, in which she accused Trump, two of his sons, their company and other executives of years of widespread fraud. Engoron said that in paperwork certifying that the case was ready for trial, James' office checked a box suggesting it be a non-jury proceeding.
Trump's team had 15 days to oppose that, but did not, Engoron said, because there was no point in doing so.
"It would not have helped to make a motion. Nobody forgot to check off a box," Engoron said.
Engoron said the punishment being sought by the state is an "equitable" remedy, as opposed to a "legal" remedy.
A legal remedy is an award for damages, which can be determined by a jury. Earlier this year, a federal jury awarded the writer E. Jean Carroll $5 million in damages after finding Trump liable for sexual abuse and defamation. The damages were not an amount Trump took from her, but rather a sum the jury concluded might remedy the emotional, physical and reputational harm Trump had caused.
In the ongoing New York fraud case, the state is seeking $250 million in disgorgement, a kind of equitable remedy that is a clawback of ill-gotten gains — the amount of benefit that the state says Trump and the co-defendants personally received from alleged fraud. Authorities cannot ask a jury to make that kind of calculation.
"That leaves it up to the judge," Engoron said.
Engoron earned the gratitude of one Trump lawyer who has insisted the lack of a jury was not due to an oversight.
"I would like to say thank you, your honor," said attorney Alina Habba, before turning to reporters in the gallery. "Press, did you hear that? I didn't forget to check the box."Last edited by gachase21; 03-26-2024 at 03:34 AM.
“A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.”
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03-26-2024, 03:29 AM #19
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03-26-2024, 04:02 AM #20
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