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In reply to the discussion: Trump says he'd have to hold 'fire sale' of properties to meet $464M bond [View all]Johnny2X2X
(19,254 posts)24. He's lying of course
He can put up stake of those assets as his bond. Say he owns a 20% stake in trump Tower worth approximately $200M, he can sign over thatr stake as part of his bond, if he wins appeal it's just signed back over to him. There is nothing unusual about this, it's totally normal for people to ut up their investments for bond.
And I've also seen articles that sugget his New York properties are the only ones he could put up because the case is in NY, that is not true either, he could give them his golf courses or even Mar a Lardo.
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Trump says he'd have to hold 'fire sale' of properties to meet $464M bond [View all]
RandySF
Mar 19
OP
The inflated valuations will create a great tax deduction and probably realize
bucolic_frolic
Mar 19
#10
Also, it's just not as effective if you don't do it with tears in your eyes.
Xavier Breath
Mar 19
#19
How many of those properties would he have if he had not committed bank fraud?
LiberalFighter
Mar 19
#29