On Trump’s Bond

According to Trump's lawyers, posting the $464 million bond, which should actually total around $557 million to cover 120% of the judgment, poses a significant challenge. Trump's options to raise such a substantial amount are limited. He may have to resort to selling his properties or declaring bankruptcy. Alternatively, he could seek a third party willing to invest, though finding someone willing to commit to such a massive sum is unlikely. Trump's aim is to appeal the judgment and negotiate a better outcome, putting a pause on the daily interest of approximately $112,000 during the appeal process. This case, won by New York Attorney General Letitia James, accuses Trump of inflating his net worth for tax and insurance purposes, adding to the array of legal challenges he faces. Failure to post the bond could empower the Attorney General to seize Trump's assets in New York, potentially including the Trump Tower and other valuable properties, most of which are in real estate. Bond companies may hesitate to accept these properties as collateral due to the risk involved.