The word has lost its appeal, I agree. And Trump is very experienced in its application. Since the early 1970s until he was elected president in 2016, Donald Trump and his businesses were involved in over 4,000 legal cases in U.S. federal and state courts, including battles with casino patrons, million-dollar real estate lawsuits, personal defamation lawsuits, and over 100 business tax disputes. That will mean thousands of appeals. No wonder he is so blasé about all his current court cases.
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only 354 million.
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Yes! Justice does prevail! Also, his sons Donnie Jr and Eric, cannot do any business in New York for two years!
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That’s a good one too.
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Adding salt to the wound:
The co-defendants will also have to pay about $100m in interest, which brings the total figure owed to $463.9m
That’ll hurt … 
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Nice!
Almost goes without saying.
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It took a while, but one trial down and several more to go. The criminla trials will be good too.
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Is this one not slightly different from other trials for Trump in that the New York legislation on business fraud is particularly tight and the powers of judges overseeing such cases particularly strong? All that on the basis that NY wants to demonstrate is acts effectively against fraud and retain its world capital of finance status. I do not know what that means in practical terms of appeals by Trump, or the court seizing assets. Or whether that means the other court cases are more likely to flounder in the face of Trump’s actions to delay or de-rail.
But all good to follow!
This means he will have to come up with at least part, if not all of the fine, even if he appeals, and he will. This will happen before the appeal, so his baskets of fake money will dwindle down to pennies.
I’ve just seen some of his followers have already put up a “Go Fund Me” page to collect his fines!!
Now, where’s that kool-aid?
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Mr Trump will likely appeal Justice Engoron’s decision. But to stay the verdict pending the appeal, he will have to put up the entirety of the fine within 30 days.
Can Trump afford $354m?
One calculation from Forbes Magazine put Mr Trump’s total net worth at $2.6bn. The New York Attorney General’s Office estimated his annual net worth at $2bn in 2021. Based on those estimates, a penalty of $354.9m would cost Mr Trump roughly 14-17% of his wealth.
On top of this looming penalty, however, he already owes the writer E Jean Carroll $83.3 million in damages from a separate defamation case that concluded in January. His legal fees are also mounting as he battles four criminal cases at the federal and state level. These combined financial burdens - in excess of half a billion dollars - may constitute more cash than Mr Trump has available.
Legal experts say he has several potential options.
Trump could secure a bond, but it will cost him
To avoid paying everything upfront, Mr Trump could try to secure a bond - a third-party guarantee that he can pay the full fine. That would cost him many more millions, with added interest and fees. He would also likely be required to put up collateral.
He could sell assets to raise enough cash
Much of Mr Trump’s fortune is tied to his real estate ventures. Forbes found his New York real estate empire to be valued at $490m including his flagship condominium skyscraper, Trump Tower, worth $56m by the outlet’s count. His portfolio includes many other properties around the country, with golf courses, condominium towers, hotels and even a winery.
Trump could ask his loyal supporters for the money
Mr Trump may also turn to the massive fundraising engine he uses to pay his tens of millions in legal fees. According to the New York Times, 10% of every dollar that is raised from his supporters goes to pay for his defence in his civil and criminal trials.
He has used two political action committees - Save America, which has been his primary vehicle for legal fees, and Make America Great Again, which funds his presidential bid - to raise money to cover the costs of these trials, even though such structures are typically used for political purposes. These entities are separate from his official presidential campaign account.
However, $500m would be an extraordinary amount to fundraise from his supporters in a brief time period.
I’m thinking that he’ll go for the bond - selling assets will take to long to complete.
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The bizarre thing is all these lawsuits are just fueling his popularity.
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He’s going to have to sell a lot of shoes.
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The aftermath of the verdict?
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