February 28, 2024
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5:53Now PlayingDonald Trump is completely falling apart over his massive civil fraud bond payment and is attempting to post a fourth of the sum owed despite continued claims of his exponential wealth. John Iadarola and Sharon Reed break it down on The Damage Report.
Read more here:
Court to rule Wednesday on Trump’s request to post $100 million bond and stay $454 million judgment until his appeal is over
"CNN — A New York appeals court plans to rule Wednesday afternoon on former President Donald Trump’s request to delay his obligation to post $454 million until his appeal of the civil fraud verdict is over.
Trump’s attorneys have offered to post a $100 million bond, about one-fourth owed, to go toward the judgment, saying they can’t access the capital market to raise money because of the ban on obtaining loans.
“The judgment order unprecedented and punitive disgorgement of nearly $460 million and overbroad permanent injunctive relief against Appellants in the absence of legal authority or factual support,” Trump’s attorneys wrote in the filing."
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