What Happens If Trump Can’t Post His $454 Million Bond
Posted on AllSides March 20th, 2024
From The Left
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Donald Trump owes New York $454 million after losing the state’s civil fraud suit over his asset valuations. The former president is challenging the verdict, but he still faces a March 25 deadline to post a bond covering 120% of the judgment while he appeals. In a March 18 court filing, Trump said 30 companies that arrange such bonds declined to take his real estate as collateral and he doesn’t have enough cash. The stakes are high for his business empire as he campaigns to return to the White House.
Why is Trump struggling...
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