Appeals court judge Anil Singh did the justice system a solid today — ruling that, no, Trump, you can’t pull a “lemme just pay $100M because I’m so rich.” The bond amount is $454 Million and Trump has to post it. In FULL.
Former President Donald Trump must come up with the full bond amount to cover the $454 million verdict in the civil fraud trial, an appeals court judge ruled Wednesday.
Associate Justice Anil Singh, however, lifted a ban on Trump’s ability to obtain loans from a New York bank, which could allow him to access the equity in his assets to back the full bond amount.
Singh denied Trump’s request to delay his obligation to post $454 million until a full appellate panel hears his motion to stay enforcement of that judgment until his appeals of the civil fraud ruling are over.
And note, this is separate from the $83 million he now owes in the judgment handed down to him from E. Jean Carroll “Defamation, The Sequel” trial.
The lifting of the NY ban (Trump was prohibited from receiving any further loans from banks based in NY State) is an interesting bluff-calling move. Trump said “But I can’t pay in full because you all banned me from getting loans in NY.” So here the judge lifts the ban. No more excuses!
Not sure what lender would help Trump out given his track record of being the absolute worst rich person to enter into any financial transaction with — particularly if the transaction is one in which Trump could stiff another party for amounts owed.
Popcorn time. What’s your favorite popcorn seasoning? I’m partial to Old Bay, the seafood herbs in powder form.