Trump’s bond is ‘much more manageable now’ after dropping to $175M
MSNBC・9 minutes read
The Attorney General requires a $175 million bond to pause enforcement actions against Trump, a small sum compared to his $454 million judgment, attainable through Trump's liquid assets, not campaign funds or PACs, with potential complications from selling shares to raise the amount. Despite the bond reduction, the legal battle continues with the Attorney General remaining confident in their case.
Insights
- Trump's ability to post a $175 million bond to prevent enforcement actions against him highlights his substantial liquid assets, potentially available for raising the bond amount.
- The reduction of the bond amount to $175 million suggests that the appellate judges may view the initial $454 million judgment as excessive, indicating a potential reevaluation of the case's financial aspects.
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Recent questions
How much is the bond amount for Trump?
$175 million
Where could Trump potentially get the bond money from?
Liquid assets
What could Trump's Truth Social going public potentially net him?
$3 billion
Why did Trump's lawyers struggle to find a bond company willing to bond the appeal?
High amount required
What does setting the bond at $175 million indicate about the judgment?
May be too large
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Summary
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Trump's $175 Million Bond Reduces Judgment
- Posting a bond of $175 million will prevent the Attorney General from taking enforcement actions against Donald Trump within the next ten days.
- Despite being seen as a victory for Trump, the $175 million bond is small compared to his $454 million judgment.
- Trump has millions in liquid assets that he could sell to raise the bond amount.
- The bond would need to come from Trump's personal or business assets, not from campaign funds or super PACs.
- Trump's lawyers previously struggled to find a bond company willing to bond the appeal due to the high amount required.
- Trump's Truth Social going public could potentially net him $3 billion, but he cannot sell the securities instantly due to a lock-up period.
- Changing the bylaws to sell shares could lead to a drop in stock value and potential shareholder lawsuits.
- Setting the bond at $175 million indicates that the appellate judges believe the judgment may be too large.
- The Attorney General's office remains confident in their case despite the bond reduction, with the legal battle likely to continue for months.
