In case you didn’t want to go into the article.
- Trump Park Avenue, New York, N.Y.
- Trump Tower, New York, N.Y.
- 40 Wall Street, New York, N.Y.
- Seven Springs, Westchester County, N.Y.
- Trump International Hotel and Tower, Las Vegas, Nevada
- Mar-a-Lago, Palm Beach, Florida
- Trump National Golf Club Westchester, Briarcliff Manor, N.Y.
- Trump National Golf Club Charlotte, Mooresville, North Carolina
- Trump National Golf Club Colts Neck, Colts Neck, New Jersey
- Trump National Golf Club, Washington, D.C., Sterling, Virginia
- Trump National Golf Club Hudson Valley, Hopewell Junction, N.Y.
- Trump National Golf Club Jupiter, Jupiter, Florida
- Trump National Golf Club Los Angeles, Rancho Palos Verdes, California
- Trump National Golf Club Philadelphia, Pine Hill, New Jersey -Trump International Golf Links Scotland (Aberdeen)
- Trump International Golf Links Scotland (Turnberry)
Take the golf courses first, I think that would piss him off the most.
Nah, Mar-a-lago first
But then he’d be homeless! And we all know how unhoused people are treated in Florida.
Mar-a-lago IS a golf resort…
Added bonus there are probably lots of top-secret documents floating around in that golf course
There’s probably top secret documents floating around a lot of his golf courses….
“Caddy, go see what’s blocking the 8th hole…”
“Sir, it appears to be a bunched up partial list of CIA operatives in Egypt.”
“Well, remove it! I’m under par. Mulligan!”
In his ex-wifes casket, you mean.
All the golf courses, including Bedminster.
Mar-a-Lago, Palm Beach, Florida
Holy shit. I’ve figured it out. I’ve cracked the master plan.
“Um, excuse me, stolen classified documents piled high to the rafters in my bathroom? I believe that’s the New York attorney general’s bathroom, athankyouverymuch. Case dismissed!”
This makes the fairly generous assumption that the man is capable of planning, but whatever.Genius play by Master Trump.
“Officer, there’s no way I shot that man. Because my gun is currently in the evidence room. Also check fucking mate. (Drops mic, dabs, makes out with the hottest cop and wheelies out)”
OMG OMG OMG
I would so LOVE to see his name stripped off of all those properties! …but I’m still trying to not get my hopes up. Aside from him suffering through court cases and losing them in a very public way, if his properties get seized it would be the first REAL consequences he receives
Depending on the contract the properties might still have to keep the name even if sold. There’s a couple cases of that our there currently for Trump buildings. He sold them and they have to keep the name, last thing I heard they were trying to sue to remove the name because of all the bad publicity the trump name brings.
If Donald sells them he can put whatever he likes in the contract. If the government sells them I doubt they’ll be encumbered with bullshit like that.
Rename them all Drumph, just to give him an aneurysm. When he drops dead rename them after John Brown, MLK Jr, Malcom X, er al.
Mao Zedong Tower
You left out Trump International Hotel in Chicago.
That’s just the excerpt from the article. Unsure why others aren’t listed.
Maybe he just licenses his fine name and likeness (bleach)
He also owns a golf course in Ireland, or his name is on it. Trump Doonbeg
Hopefully the new owners all rename them to Drumpf
So if these properties are seized and mortgaged to the hilt, he’s still responsible for the balance owed, isn’t he?
Ahahahahahaha!
I wouldn’t think so. I would think they’d seize properties base on only the equity, not the total mortgaged value. Likely why this list is so large, so little equity in any of the properties so more need to be seized to meet the total balance of the judgment.
Oh yes he is on the hook for the rest. If Jared won’t use some of his 2 billion he got from the Saudi, then Trump goes bankrupt… again.
So…you do think so.
So…you do think so.
No…? I’m not sure how you got that. I think the confusion in communication goes back to @Pronell@lemmy.world 's statement. Let me introduce my additional understanding there. They said the following, note my addition:
So if these properties are seized and mortgaged to the hilt, he’s still responsible for the balance owed [on the mortgages], isn’t he?
So to restate my position:
No, I do not believe so. I don’t think if the court took a $10million property with a $9million mortgage on it (meaning $1million in equity), I do NOT believe Trump would still owe the outstanding $9 million mortgage. The court would have the equity AND the debt, and would sell off the property keeping the equity and paying the lender the outstanding balance.
Further, lets say for easy math the judgment was only $5 million. Lets also assume that there were 5 identical properties with value, mortgage, and equity. I believe the court would take 5 properties which would equal the $5 million in equity which would equal the $5 million in the judgement.
Does that add clarity?
If the properties are seized, they’ll be sold, not mortgaged, and that amount of money will be applied to what is owed, I believe.
It’s often better for people to sell the property themselves first, because a court officer overseeing the sale doesn’t care as much about getting the highest possible sale price.
I thought he was a genius billionaire guys
Art of the deal!
Art of the squeal!
Art of the meal
Art of the steal.
Art of the teal
That’s the Trump from the other universe, ours is more tangerine
Arf I’m a seal.
Fart of the veal
This at the bottom of the article made me laugh so hard. Somehow the maga trolls are butthurt enough to think this constitutes far left.It starts there until you rate it. I’ve seen it a couple times now. It’s just bad design.
Oh that seems like a decision not a mistake.
Am dev, it is certainly a decision
Notice the needle isn’t actually on the gauge: it’s not showing a result and doesn’t until you rate it yourself. Absolutely terrible design, though. I thought it said “unfair far left” too
Damn that is sketchy design… Thanks for the info.
after all that… he still has to pay back the ~90million to the chubb group when he eventually loses that appeal.
delicious
No, for that he already provided a juicy pack of securities that he provided in the hope they would also do the new bond secured by real estate.
The bond provider basically pulled the self-proclaimed “business genius” straight over the table. I expect him to lose the appeal, which would cost Trump way more than just USD91M.
Quit yacking and do it. Take the properties and give Trump what he deserves. I hope this isn’t another story that fizzles out.
He has a few more days technically, then she can start seizing. There’s one month after the ruling to come up with the money.
Since no one reads the article, the deadline is Monday. Trump is just stalling. Nothing will be seized.
He could either:
- Give some of these properties to the Supreme Court of NY as potential sales (not sell them yet)
- Go bankrupt to stall the judgement and payment
- Get a loan on his properties to pay the judgement
- Divide up the bond between different insurance companies
He has lots of options. Don’t listen to him when he says he has none. It’s a lie. He will probably do a combination of things: get a loan for half and find a few insurance companies to give him bonds for the rest. He will have to pay a lot of money, so he’s just looking for someone else to pay it for him.
Well the headline says “about to”, so there’s no physically possible way it can fizzle out…
Hahahahahahahahaha!!! Sorry. I couldn’t help myself.
Please please please please please please please please please please please please please please please take Mar-a-lago.
Mar a Lago used to be owned by the US Government and the Beatles
“Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision. In other words, he is trying to take my Appellate Rights away from me,” Trump wrote. “I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!”
How is that election interference? I’m missing that part.
How is that election interference? I’m missing that part.
It’s not. Trump is just banking on his cult uncritically repeating any gibberish he spouts in all caps as unassailable truth. Like they always do.
He hates losing money, and he hates losing the election. Obviously they must be the same thing!
It’s his war cry. If shit goes down, he’s ready to call for war for those that believe this is a “travesty”.
it makes sense to his followers, which is his intent. he wants them riled up. they don’t see this as him experiencing the consequences of his own actions, they see this as a left wing democratic deep state attack on trump to try and prevent him from winning the upcoming election. they believe this “deep state” is afraid of trump because of how he’s obviously (/s) about to win a landslide election and finally flush all the “undesirables” out of power and turn america back into the racist wifebeating paradise of the 1970s. he wants them to be thinking about “defending him” from this “deep state attack”. he’s trying to solve his massive Impending financial apocalypse by gently prodding his followers into thinking about domestic terrorism.
Can we start with Mar a Lago? That would he hilarious.
Can we transform Mar-a-lago in an diversity sanctuary?
I don’t think that will sell in Palm Beach.
LGBTQIA+ nudist colony.
What about low income housing?
I was hoping they’d at least get Trump Tower or Mar-a-Lago, but this is fucking amazing.
Ok, this is a good start, criminal justice system.
This isn’t the criminal justice system, this was a civil case.
Oh heck you are right.
Ok, this is a good start, legal system.
I hope the take both properties in Scotland. He will lose his shit over it.
And then put up wind turbines just offshore
Do we have a running list of judgements? He has two for Ms Carrol I think and this one as well, so far.
