Former President Donald Trump has until Monday, Mar. 25 to come up with a $464 million appeal bond to meet a New York court’s civil fraud judgment. Despite being the likely Republican presidential nominee, he’s struggling to find a company willing to provide the bond. Trump tried to get a bond for the full amount, which would have paused the collection process while he appeals, but over 30 underwriters declined.
Straight Arrow News contributor Dr. Rashad Richey explains why Trump can’t find the money and discusses what he sees as a conflict of interest when a presidential candidate needs to raise vast sums of money to pay a legal penalty.
Why do you think Trump is getting so many negative responses? Because the word is out. The man doesn’t pay people back. He’s a bad businessman, both morally and in action. They don’t believe he’s able to even make the money back. If they thought he was a bad person but a good businessman, he would get the money because they know he can bring the money. What about the cool billion that your son-in-law got from the Saudis? But I digress.
The reality is this. You see, there are foreign heads of state who would be willing to front this money for Trump, who’s running for president of the United States again. Do you not see the apparent conflict of interest there? So while people may wax poetic about a conflict that exists between a local district attorney in Atlanta, Georgia and her ex-lover, why can they not see the apparent conflict of interest when it comes to somebody running for president trying to borrow a cool half a billion dollars?
The post Why doesn’t ‘billionaire’ Trump have money to pay fraud judgment? appeared first on Straight Arrow News.
Click this link for the original source of this article.
Author: Dr. Rashad Richey
This content is courtesy of, and owned and copyrighted by, https://straightarrownews.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.