552

Donald Trump was supposed to have to post a $464 million bond by Monday or else the state of New York could begin collecting on the massive civil fraud judgment leveled against him earlier this year. An appeals court bailed him out, blocking collection of the judgment and giving the former president 10 days to post a drastically reduced $175 million bond.

The order is a huge win for Trump, whose assets were going to be subject to seizure if he couldn’t post nearly half-a-billion dollars by Monday. His lawyers said last week he wasn’t going to be able to come up with the money after 30 underwriters rejected him. The New York Times has reported that Trump is expected to be able to scrounge the new, reduced $175 million bond

(page 2) 50 comments
sorted by: hot top controversial new old
[-] BlackNo1@lemmy.world 15 points 2 years ago

burn this country down

[-] Yawweee877h444@lemmy.world 13 points 2 years ago

Rule of law either doesn't apply or is very lenient to rich people.

[-] SonicDeathTaco@lemm.ee 11 points 2 years ago

The application of the rule of law being dependent on the size of one's bank account has long been a proud bipartisan tradition in this country.

[-] DandomRude@lemmy.world 11 points 2 years ago

What appeals court? I thought Trump had to post $464 million in order to even appeal. How did he manage that?

[-] formergijoe@lemmy.world 5 points 2 years ago

He has to post the bond so they don't start seizing his property during the appeal. It's basically putting the fine plus interest in a separate account during the appeal to make sure you're good for the money if you lose the appeal. Otherwise he could have gone on with the appeal, but could lose Trump Tower without the bond posted.

load more comments (3 replies)
[-] danekrae@lemmy.world 9 points 2 years ago

What a great country you guys have...

load more comments (4 replies)
[-] jordanlund@lemmy.world 8 points 2 years ago

37% of the original total.

(NSFW)

https://youtu.be/1OQl89ewXvc#t=55

[-] nondescripthandle@lemmy.dbzer0.com 7 points 2 years ago* (last edited 2 years ago)

How republican do I have to be to get light sentences for crime because Im trying to ***** a *** in the ****

[-] natarey@lemmy.world 6 points 2 years ago

You know, it's almost like the justice system has... I dunno. Problems or something.

load more comments
view more: ‹ prev next ›
this post was submitted on 25 Mar 2024
552 points (98.1% liked)

News

37284 readers
875 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source. Clickbait titles may be removed.


Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.


7. No duplicate posts.


If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners or news aggregators.


All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS