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    Fox Anchor Asks Trump Lawyer Alina Habba If Trump Has To Sell ‘Almost All’ His NY Assets To Pay Blockbuster Fraud Bond

    By Tommy Christopher,

    2024-02-20

    https://img.particlenews.com/image.php?url=2srQev_0rQkkol800

    Fox News anchor Martha MacCallum asked Trump attorney Alina Habba an uncomfortable question: will ex-President Donald Trump be forced to sell “almost all, if not all” of his New York assets to pay the bond for his fraud appeal.

    On Friday, the trial in the fraud case brought by New York Attorney General Letitia James and presided over by Judge Arthur Engoron culminated in a bombshell judgment that could cost him in excess of $460 million, including pretrial interest. A bond for a substantial portion of that must be put up in advance before Trump can file an appeal.

    On Monday night’s edition of Fox News Channel’s The Story with Martha MacCallum ,MacCallum raised the possibility that many have floated — that Trump will need to have a fire sale to pay the bonds and/or the judgment.

    Habba claimed there will be no such “mayhem” because Trump has “a lot of cash”:

    MARTHA MACCALLUM: Let me ask you this in terms of the 30 day deadline from Judge Engoron to pay this extraordinary fine that that Jonathan Turley calls obscene. Is that the case? Does he really have 30 days to pay this fine. And if so, there are some reports that he will sell off almost all, if not all, of his New York assets. What can you tell us about that?

    ALINA HABBA: No, I mean, I would never get into anything privileged, but I can tell you what the rules are. And within 30 days, even if we choose to appeal this, which we will, we have to post the bond, which is the full amount and some, and we will be prepared to do that.

    MARTHA MACCALLUM: So. But how much is the bond?

    ALINA HABBA: Well. So, it’s you have to break it up. So there were obviously individual defendants that got fined. There was the company that got fined. But you’re looking at roughly, let’s call it close to $400 million for something that he did nothing wrong.

    Look, it’s no coincidence. And I’ll say it, they know by looking at his statements of financial condition that this guy is worth a lot of money, billions and billions of billions of dollars. And that didn’t even include his brand, Martha.

    But what they’re trying to do between this case, between my last case is put him out of business. It’s not going to work. Number one. Number two, what they’re doing is a scare tactic.

    Unfortunately, they picked the wrong guy to pick on in my opinion, because he’s strong, he’s resilient, and he happens to have a lot of cash.

    Now that doesn’t mean that it’s right. It doesn’t mean it’s okay. It’s grotesquely insane. I was speaking to somebody today that actually mentioned that there are countries that literally make that in a given year in certain industries, countries in this world, but they would find somebody for what they call understating their statement of financial condition and making Deutsche Bank in Zurich, who, by the way, they still work withz, money. But they’re going to fine him, that kind of thing. It’s absolutely insane.

    No, there will be no mayhem for the Trump Organization. Unfortunately. I know that probably was Miss James’s goal and Judge Engoron, but that is not going to be the case.

    MARTHA MACCALLUM: Well, as I said, Jonathan Turley called it obscene. And other people have said people have said that it’s a dangerous verdict in the precedent that it sets. And what kind of damage it could do to New York City when other companies, will want nothing to do with that kind of, politics and judgment. So we’ll see where it goes.

    Watch above via Fox News Channel’s The Story with Martha MacCallum .

    The post Fox Anchor Asks Trump Lawyer Alina Habba If Trump Has To Sell ‘Almost All’ His NY Assets To Pay Blockbuster Fraud Bond first appeared on
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    Comments / 905
    Add a Comment
    Boss Lady
    03-18
    If he has a lot of money and he worth billions of dollars he shouldn’t have no problem paying. And he wouldn’t ask Musk for any money.
    Jerald Merrifield
    02-29
    You mean Fox entertainment right?
    View all comments
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