There’s something odd about Trump’s inability to post an appeal bond in his NY civil fraud case. All those buildings and clubs could serve as collateral against a loan to pay the bond…unless they are already pledged as collateral on other loans. Is it all a house of cards?
@rbreich I wrote about this yesterday. It's either already leveraged to its peak value, which means his net work has to be under a billion in total and could be as little as the edge of bankruptcy, or else he's just playing a delay and bargaining game with the appeals court. Some combination of those is possible.