It's reportedly going to be tough for the court to find sympathy for
Donald Trump . Former
United States Attorney for the Southern District of
New York Preet Bharara joined CNN's Anderson Cooper to discuss the cash quagmire that the former president has found himself in. The one constant for the former prosecutor is that Trump had ample time to prepare to handle this maelstrom. ALSO READ: Here's why conservative elites are bailing on Trump now "He knew that there was a likelihood or at least some possibility that the Attorney General to win and he understood the rule about prejudgment interests," he said. "So it was totally foreseeable months ago, not weeks ago, that he would have to put up a bond, potentially a half $1 billion. "He could have taken all sorts of steps to liquidate or to sell property, to have loans in place, to have a backup plan." But Bharara submits Trump didn't do any such thing, likely to hurt his standing. "And I think the court is not going to find him a sympathetic character in part because he had months and months and months to plan for them." Come Monday, Trump must be able to front the $464 million bond for the New York civil fraud case that he lost. Should the time elapse without Trump being able to fit the substantial sum, New York Attorney General Letitia James, who brought the suit, has free rein to seize any of Trump’s bank accounts or coveted properties; that includes Mar-a-Lago and
Trump Tower. So far, Trump's lawyers stated in a court filing that been he's been turned down by 30 companies unwilling to underwrite the bond and cannot float the funds . Trump is liable for $454 million , most of the fraud judgment, but the amount he owes has been increasing by more than $111,000 a day because of added interest. Manhattan
Supreme Court Justice Arthur Engoron, who set the amount of the disgorgement judgment, on Feb. 23 gave Trump 30 days to pay up. Watch below or click the link here. Donald Trump's recent cash flex could backfire bigly. As the looming Monday deadline nears to pony up on a $464 million bond set in his civil fraud disgorgement trial loss, Trump went out on a bold limb to post a Truth Social all-caps screed declaring he was cash rich. "THROUGH HARD WORK, TALENT, AND LUCK, I CURRENTLY HAVE ALMOST FIVE HUNDRED MILLION DOLLARS IN CASH, A SUBSTANTIAL AMOUNT OF WHICH I INTENDED TO USE IN MY CAMPAIGN FOR PRESIDENT," former President Donald Trump writes in the post . ALSO READ: Here's why conservative elites are bailing on Trump now This revelation of hard currency in his hands right now had former federal prosecutor Ryan Goodman suggesting it could open up a window for New York Attorney Letitia James. "If it's all true that also means he is sitting on north are $400 million and that's exactly what the attorney general can go after these properties," he said while appearing on CNN's "Out Front." "It's easier to go after the liquid assets than it is to go after these properties; it also avoids some of the optics of going after the properties." The main takeaway: cash can be hers for the seizing. "That's available to her to do," he said. Trump must post the bond for the full amount by the deadline or face James, who brought the case, using her powers to seize any of his real estate properties or bank accounts. So far lawyers for the 45th president are appealing the judgment and also admitted in a court filing that he has been unable to secure a bond . Watch the video below or click the link right here. CONTINUE READING Show less Rep. Greg Murphy (R-NC) is beside himself with anger about Rep. Marjorie Taylor Greene (R-GA) and her threatened motion to remove House Speaker Mike Johnson (R-LA). In an interview with right-wing Newsmax host Greg Schmitt, Murphy in particular attacked Greene for fundraising off her threat to remove Johnson and throw the House into chaos once again. "Let me just talk back to this vacate measure, this asinine thing pushed by Matt Gaetz when he had that rift with McCarthy, and he did, just, sadly enough, I just received a text just 30 minutes ago from Marjorie, saying, I'm wanting to raise money on this," said Murphy. "Matt Gaetz raised money the whole week, or the whole time he was creating chaos. This is not what it's supposed to be. This is not what adults in the room do." ALSO READ: Here's why conservative elites are bailing on Trump now As a condition of initially receiving the votes to become speaker, Kevin McCarthy agreed to a rule where any single member could move to vacate the chair. He was ousted last year, ostensibly because he broke deals with the Freedom Caucus, but Gaetz has reportedly privately told allies he instigated the removal as revenge for a House Ethics Committee probe into Gaetz's conduct. Greene, who is threatening Johnson for agreeing to spending bills that would avert a
Government Shutdown, has not actually filed such a motion yet, but could do so at any time unilaterally. Complicating matters further, Republicans' House majority is slimmer than it was when McCarthy was ousted, due to multiple members resigning and a special
election flipping a seat in New York from the GOP to the
Democrats. Watch the video below or at the link. — (@) CONTINUE READING Show less Former President Donald Trump is hoping that the Truth Social merger will give him a large enough wealth infusion to get a handle on his multiple legal judgments, at least as long as he can get them appealed — and he claimed on Truth Social that he has already come up with the half a billion dollars he needs in any case. But the sheer amount of money he owes is only one of the problems for him, MSNBC reporter Adam Reiss told anchor Chris Hayes on Friday. Another is the eagle-eyed scrutiny and restrictions the courts have placed his real estate empire under. "He says he has the cash on Truth Social," said Hayes. "If he had the cash, we probably wouldn't be in this situation, right? Is that a fair determination?" ALSO READ: Here's why conservative elites are bailing on Trump now "Yeah," said Reiss. "When the E. Jean Carroll case happened, he had the bond but was still asking the court for more time. It's possible he actually has the money right now. I don't think that's the case. So we're going to get to Monday, and it's going to be a showdown." "Showdown like where?" said Hayes. "Showdown at court? Like with Judge Engoron?" "We need to keep a close eye on the docket," said Hayes. "Judge Engoron is tightening the screws on him. The Trump Organization, essentially, can't do anything without the court and the monitor knowing. She is on top of it. She's been there for about 16 months. Anything they do. Transfers of funds. Financial accounting. Moving money from one source to another." Watch the video below or at the link here. Adam Reiss says Trump Organization is at the mercy of the courts youtu.be CONTINUE READING Show less