Trump Faces Ticking Clock On Massive Civil Judgments

February 26, 2024 Trump Corruption, Trump Lies

The Washington Post reports:

Trump now owes New York at least $454 million — the $355 million penalty plus interest, which is now accruing at a rate of $114,000 per day. Separately, he faces an $83.3 million judgment in a federal defamation case brought by the writer E. Jean Carroll.

Most of Trump’s wealth is tied up in real estate, and it’s not clear whether he has enough cash on hand to cover what he now owes. Trump has not said how he plans to put up the money.

Any route Trump chooses will come with complications. Paying the entire amount in cash could rock the stability of his business. But seeking a bond — in which a third party would guarantee payment if Trump loses his appeal — could be equally costly. Difficult decisions will have to be made quickly.

Read the full article. As you can see below, New York’s Attorney General has been posting new daily totals since the 30-day clock began ticking on Friday.



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