The judge’s ruling in Donald J. Trump’s civil fraud case could cost him all his available cash. It also bars the former president from running a business in the state for three years.
Maybe, but somehow I don’t think it’ll play out that way.
I think one of two things will happen with the businesses. First, it may turn out that they owe so much because of the fraudulently acquired loans that they are not really profitable and will end up failing. They simply might not viable without the ongoing fraud. It’ll get particularly dicey if the banks Trump and his companies defrauded decide to use the ruling to demand that the loans be immediately repaid. I doubt that will happen, but it’d be fun to watch.
On the other hand, Trump is such a bone head businessman that he could actually be richer if he’d just invested his inheritance in the stock market and not started his own businesses. This is a guy who managed to bankrupt multiple casinos. The saying, the house always wins, apparently doesn’t apply when Trump is running the house. Without his tiny, incompetent hands at the wheel, his companies might actually start running more efficiently. Whoever will be running them instead of Trump may just do a better job than him, since they won’t be so focused on committing crimes. Trump could actually make more money from them than he would otherwise.
Maybe, but somehow I don’t think it’ll play out that way.
I think one of two things will happen with the businesses. First, it may turn out that they owe so much because of the fraudulently acquired loans that they are not really profitable and will end up failing. They simply might not viable without the ongoing fraud. It’ll get particularly dicey if the banks Trump and his companies defrauded decide to use the ruling to demand that the loans be immediately repaid. I doubt that will happen, but it’d be fun to watch.
On the other hand, Trump is such a bone head businessman that he could actually be richer if he’d just invested his inheritance in the stock market and not started his own businesses. This is a guy who managed to bankrupt multiple casinos. The saying, the house always wins, apparently doesn’t apply when Trump is running the house. Without his tiny, incompetent hands at the wheel, his companies might actually start running more efficiently. Whoever will be running them instead of Trump may just do a better job than him, since they won’t be so focused on committing crimes. Trump could actually make more money from them than he would otherwise.