Trump NY indictment thread

Page 54 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

manly

Lifer
Jan 25, 2000
11,301
2,330
136
She doesn't need to do anything - now that the bond has been posted she just takes the bond when she wins. It would be the people who posted the bond who would need to go after Trump's other assets if he doesn't pay.
That bond was fully collateralized, with a Trump brokerage account of securities. Chubb knows who they're dealing with.


Would Trump even get to use that money from the sales? Meaning, are those numbers after any other creditors involved in those get their return (or would they)? No idea how much they are leveraged. I don't even know enough to be dangerous when it comes to stuff like this
Those values appear low, so I'm assuming they take into account his outstanding mortgages. We'd have to know that journalist's methodology. Presumably Trump can't dodge capital gains taxes, but I wouldn't put it past him to cheat on that as well.

Trump has been highly leveraged going back to his disastrous casino adventures; IIRC he owns MAL and Trump Doral in Miami free and clear. However, it would take years of litigation to seize those out of state properties.
 
Reactions: Indus

JTsyo

Lifer
Nov 18, 2007
11,759
906
126
BTW I don't know if the fire sale prices take into account taxes that have to be paid.. so the actual amount of stuff that needs to be sold to cover the entire 464 mil might actually be closer to 750 mil before taxes.
Plus there's outstanding loans with the properties as collateral. One number I've heard is $200 million.
Donald Trump has multiple loans on his properties amounting to at least $200 million, which may devalue their worth and make it less likely that they will be seized to recuperate the costs of his legal fines.
 

Thump553

Lifer
Jun 2, 2000
12,715
2,490
126
BTW I don't know if the fire sale prices take into account taxes that have to be paid.. so the actual amount of stuff that needs to be sold to cover the entire 464 mil might actually be closer to 750 mil before taxes.
Potential taxes are a nonissue for several reasons:
First (and likely most significant) don't forget the billionaire tax relief passed under Trump's watch-you can be guaranteed that whatever provisions might help him are in there and he is fully aware of them,

Second, remember that he already has hundred of millions of dollars in paper losses (remember the leaked return showing he took 3% of all tax losses for the entire population in just one tax year) unless somehow he has already used those up,

Third, billionaires don't pay taxes-they hire senators and congressmen to set the law and lawyers and accountants to implement it-he will do some sort of two property exchange or the like to defer/eliminate tax, and

Finally-if DJT actually paid more than an insignificant of tax if would be a historical first. His head and heart would simultaneously explode.

The real worry will be if he comes up with the case from an unknown and undisclosed source. Meanwhile it is with pure enjoyment I see a lifelong tax cheat finally getting wacked.
 

Pens1566

Lifer
Oct 11, 2005
11,749
8,280
136
Potential taxes are a nonissue for several reasons:
First (and likely most significant) don't forget the billionaire tax relief passed under Trump's watch-you can be guaranteed that whatever provisions might help him are in there and he is fully aware of them,

Second, remember that he already has hundred of millions of dollars in paper losses (remember the leaked return showing he took 3% of all tax losses for the entire population in just one tax year) unless somehow he has already used those up,

Third, billionaires don't pay taxes-they hire senators and congressmen to set the law and lawyers and accountants to implement it-he will do some sort of two property exchange or the like to defer/eliminate tax, and

Finally-if DJT actually paid more than an insignificant of tax if would be a historical first. His head and heart would simultaneously explode.

The real worry will be if he comes up with the case from an unknown and undisclosed source. Meanwhile it is with pure enjoyment I see a lifelong tax cheat finally getting wacked.

There are NYS taxes that will come into play should he sell any of those properties. Been pretty widely discussed in any of the analysis I've seen.
 

Stokely

Golden Member
Jun 5, 2017
1,754
2,293
136
For who?

For myself, I take a fatalistic view. Nothing will truly impact Trump, ever, is my default position. If it does, it'll be a happy surprise. I'm also a Minnesota Vikings fan and I take a similar approach there for my stress levels
 

Pens1566

Lifer
Oct 11, 2005
11,749
8,280
136
For who?

For myself, I take a fatalistic view. Nothing will truly impact Trump, ever, is my default position. If it does, it'll be a happy surprise. I'm also a Minnesota Vikings fan and I take a similar approach there for my stress levels

For the people expecting multiple seizures and sales.

I'm starting to see reports of delay/extension beyond Monday and a possible agreement to lower the required bond.

For the record, I agree with your view
 

BoomerD

No Lifer
Feb 26, 2006
63,270
11,624
136
For who?

For myself, I take a fatalistic view. Nothing will truly impact Trump, ever, is my default position. If it does, it'll be a happy surprise. I'm also a Minnesota Vikings fan and I take a similar approach there for my stress levels

Unfortunately, I agree with you. Trump is Teflon.
 

APU_Fusion

Senior member
Dec 16, 2013
912
1,398
136
If there is a delay or reduced bond then America is done as a nation of equal justice. Why should he get different treatment? Not that this country ever had equal justice. Just the sliding scale of money, race, and gender
 

fskimospy

Elite Member
Mar 10, 2006
84,563
49,032
136
If there is a delay or reduced bond then America is done as a nation of equal justice. Why should he get different treatment? Not that this country ever had equal justice. Just the sliding scale of money, race, and gender
I don’t see any indication of that happening as of now. I wouldn’t expect immediate property seizures on Monday though as I’m pretty sure the process isn’t just slapping a ‘for sale’ sign on the front.
 
Reactions: hal2kilo

Stokely

Golden Member
Jun 5, 2017
1,754
2,293
136
If there is a delay or reduced bond then America is done as a nation of equal justice. Why should he get different treatment? Not that this country ever had equal justice. Just the sliding scale of money, race, and gender

Fair number of people have been saying that about all the other cases and stuff Trump has been involved with. I think we *are* done, hell a rapist fraud creep like this guy getting even 1% of the vote is the sign of some serious cancer and ignorance.
 

eelw

Diamond Member
Dec 4, 1999
9,255
4,538
136
Yup not like it will be named James Tower Tuesday morning. Seizing assets and holding it hostage while appeals happening is going to be a few months if not half a year
 

APU_Fusion

Senior member
Dec 16, 2013
912
1,398
136
Fair number of people have been saying that about all the other cases and stuff Trump has been involved with. I think we *are* done, hell a rapist fraud creep like this guy getting even 1% of the vote is the sign of some serious cancer and ignorance.
It is shocking how the right proclaims morality while supporting a degenerate three time cheating rapist.
 
Reactions: trenchfoot

SteveGrabowski

Diamond Member
Oct 20, 2014
7,094
5,974
136
It is shocking how the right proclaims morality while supporting a degenerate three time cheating rapist.
I don't see anything mildly surprising about white evangelicals being die-hards for such a nazi shitbag. The Southern Baptist Convention was founded precisely in support of slavery so they're clearly white nationalist first with the Jesus stuff just window dressing.
 

NWRMidnight

Platinum Member
Jun 18, 2001
2,964
2,565
136
For the people expecting multiple seizures and sales.

I'm starting to see reports of delay/extension beyond Monday and a possible agreement to lower the required bond.

For the record, I agree with your view
Is that why New York took the initial steps today, to start siezing his assets, because there will be delays and/or extentions? Sounds like you are listening to gossip and hearsay, from those who believe he deserves such special treatment. Also, IIRC, he already tried to delay by asking for an extention, and the judge denied it, which is the day the judge finalized the judgement, and the clock started.
 

Pens1566

Lifer
Oct 11, 2005
11,749
8,280
136
Is that why New York took the initial steps today, to start siezing his assets, because there will be delays and/or extentions? Sounds like you are listening to gossip and hearsay, from those who believe he deserves such special treatment. Also, IIRC, he already tried to delay by asking for an extention, and the judge denied it, which is the day the judge finalized the judgement, and the clock started.

I was listening to a panel of legal experts on MSNBC. They were talking about ongoing negotiations w/James' office to agree on a lower amount of bond which is entirely different than what they did earlier with Engoron.

And I'm sorry, but "taking steps to ..." means jack shit in the context of anything Trump related. I've been threatened with a good time way too many times with none of them actually coming to fruition.
 

Stokely

Golden Member
Jun 5, 2017
1,754
2,293
136
It is shocking how the right proclaims morality while supporting a degenerate three time cheating rapist.

And not just the "right"--the Evangelical right, and pretty much most Christians as far as I can tell. Which tells you all you need to know about them. I have an extended family full of Evangelicals, and we have little contact--and zero political talk when we do, or there'd be zero contact I have no time for hateful shit especially coming from people who purport to follow the "good book."
 

esquared

Forum Director & Omnipotent Overlord
Forum Director
Oct 8, 2000
23,756
4,944
146
So Brandon says this at a campaign reception in Houston.

"I know not everyone’s feeling enthusiasm. The other day a defeated man … came up to me and said, Mr. President I’m being crushed by debt, I’m completely wiped out,” Biden said. “I had to say, ‘I’m sorry Donald, I can’t help you.’”

😂



 

Fenixgoon

Lifer
Jun 30, 2003
31,759
10,259
136
So Brandon says this at a campaign reception in Houston.

"I know not everyone’s feeling enthusiasm. The other day a defeated man … came up to me and said, Mr. President I’m being crushed by debt, I’m completely wiped out,” Biden said. “I had to say, ‘I’m sorry Donald, I can’t help you.’”

😂



Dark Brandon strikes again
 
sale-70-410-exam    | Exam-200-125-pdf    | we-sale-70-410-exam    | hot-sale-70-410-exam    | Latest-exam-700-603-Dumps    | Dumps-98-363-exams-date    | Certs-200-125-date    | Dumps-300-075-exams-date    | hot-sale-book-C8010-726-book    | Hot-Sale-200-310-Exam    | Exam-Description-200-310-dumps?    | hot-sale-book-200-125-book    | Latest-Updated-300-209-Exam    | Dumps-210-260-exams-date    | Download-200-125-Exam-PDF    | Exam-Description-300-101-dumps    | Certs-300-101-date    | Hot-Sale-300-075-Exam    | Latest-exam-200-125-Dumps    | Exam-Description-200-125-dumps    | Latest-Updated-300-075-Exam    | hot-sale-book-210-260-book    | Dumps-200-901-exams-date    | Certs-200-901-date    | Latest-exam-1Z0-062-Dumps    | Hot-Sale-1Z0-062-Exam    | Certs-CSSLP-date    | 100%-Pass-70-383-Exams    | Latest-JN0-360-real-exam-questions    | 100%-Pass-4A0-100-Real-Exam-Questions    | Dumps-300-135-exams-date    | Passed-200-105-Tech-Exams    | Latest-Updated-200-310-Exam    | Download-300-070-Exam-PDF    | Hot-Sale-JN0-360-Exam    | 100%-Pass-JN0-360-Exams    | 100%-Pass-JN0-360-Real-Exam-Questions    | Dumps-JN0-360-exams-date    | Exam-Description-1Z0-876-dumps    | Latest-exam-1Z0-876-Dumps    | Dumps-HPE0-Y53-exams-date    | 2017-Latest-HPE0-Y53-Exam    | 100%-Pass-HPE0-Y53-Real-Exam-Questions    | Pass-4A0-100-Exam    | Latest-4A0-100-Questions    | Dumps-98-365-exams-date    | 2017-Latest-98-365-Exam    | 100%-Pass-VCS-254-Exams    | 2017-Latest-VCS-273-Exam    | Dumps-200-355-exams-date    | 2017-Latest-300-320-Exam    | Pass-300-101-Exam    | 100%-Pass-300-115-Exams    |
http://www.portvapes.co.uk/    | http://www.portvapes.co.uk/    |