Some major Republican donors were working together to help U.S. presidential candidate Donald Trump fund the original bond amount needed to cover his $454 million civil fraud judgment ahead of Monday’s deadline, three sources briefed on the matter told Reuters.
Former Republican President Trump needs to pay a bond in a New York civil case in which he was found liable for fraudulently inflating his net worth by billions of dollars to secure better loan and insurance terms.
On Monday he won a bid to delay the enforcement of the judgment if he posts a smaller $175 million bond within 10 days, but until that last-minute reprieve he appeared to be struggling to raise the original amount and risked having his properties seized.
Billionaire hedge fund founder John Paulson was involved in the behind-the-scenes effort by donors concerned about Trump’s legal woes and looking to help provide money toward the bond, two of the sources told Reuters. Oil and gas magnate Harold Hamm was also involved, one of those sources said.
And we can rest assured that they’re doing this out of the goodness of their hearts. They’d never ask for anything in return, right? Right?
Trump is for sale to the highest bidder.
It’s just so comically obvious at this point. But no - we can’t prosecute him for rampant and blatant corruption because thAt wOuLD Be DiviSiVE
Already sold.
Also to the lowest bidders
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I dont understand the justification in giving him more time, or really any time.
Wondering if they focused on funding some of those appeals judges first to save more on the back end.
The billionaires are who lobbied for and bought his discount.
Blyat!
Oil and gas money can buy presidents but we should direct our anger at inflation towards climate change.
My two takeaways from Lemmy so far this morning.
instructions unclear. I inflated my president and now there is an impeachment hearing.
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“I’ll post either the $175 million in cash or bonds or securities or whatever is necessary, very quickly,” Trump told reporters in New York.
hmm, really?
On Monday he won a bid to delay the enforcement of the judgment if he posts a smaller $175 million bond within 10 days, but until that last-minute reprieve he appeared to be struggling to raise the original amount and risked having his properties seized.
Yes which is a yooj reason why he cannot hold office
