News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
I'm wondering how many of his assets are seize-able. Is the Tower owned by him or by his corporation? Are his corporation assets seize-able?
He owns a lot of it personally. What’s at issue is how much of it is mortgaged or otherwise indebted to others. Trump’s finances are a house of cards, and he’s probably leveraged right up to his cotton candy bouffant. So, the question becomes: how much are his assets actually worth?
The WSJ recently estimated that, on its face, his portfolio was worth about $3B, but nobody knows how much debt there is or if it’s actually worth that much since Trump is famous for (and was - in this very case - just found liable for) lying his ass of for decades about his real estate’s true worth. This is also probably why he can’t get a bond for such a large amount in this case— he’s a known fraudster who never pays his debts and will almost certainly lose this appeal.
So, not only is he fucked, he’s probably already broke or close to it, and nobody’s going to loan him shit. Trump will probably have to declare bankruptcy, and I can’t imagine anything worse for him. It might just kill him.
Why he's already done it before. Granted it's been settle and he's probably forgotten but this is where. He.Belongs. with all the poor's he keeps fleecing. ...
Hilarious!
There's also the fact that a lot of it is owed to Russian banks who would have a hard time collecting given the current banking restrictions.