No, in another article from last week, he had put the amount they wanted in a separate bank account for them. It was more than the settlement amount. The bonder, at the least, isn’t going to lose money from Trump.
If that money is not serving as multiple collateral at once. Stiffing creditors is a big part of the Trump game.
And keep in mind, by the time he would lose on appeal trump owes 500 million. The government will then ask the bondsman for the 175 million and ask/ take from Trump any assets to complete the fine, starting with liquid assets like a bank account with cash then auctioning off illiquid assets for cash.
How the bondsman recupes from Trump is the bondsman’s problem. But I cannot imagine they have dibs on his cash.
No, in another article from last week, he had put the amount they wanted in a separate bank account for them. It was more than the settlement amount. The bonder, at the least, isn’t going to lose money from Trump.
If that money is not serving as multiple collateral at once. Stiffing creditors is a big part of the Trump game.
And keep in mind, by the time he would lose on appeal trump owes 500 million. The government will then ask the bondsman for the 175 million and ask/ take from Trump any assets to complete the fine, starting with liquid assets like a bank account with cash then auctioning off illiquid assets for cash.
How the bondsman recupes from Trump is the bondsman’s problem. But I cannot imagine they have dibs on his cash.