trump (convicted felon, defamer, insurrectionist, contemnor, and rapist - $537M)

[tek]

the only reason nobody has jumped up and demanded repayment is because they know that once one of them does, all of them will have to and there's nowhere near enough money in the pile to pay them all off, especially at panic sale prices.

I'm betting there are many people in these institutions who know there was never anywhere near enough money in that pile, even when the loans were new.

Mazars pulling their support probably gives those people some cover, but even if if the blame is diffused the institutions are gonna want to clear this stuff.. zero chance of refinance other than from PutinBank..

[Dave from down under]

the only reason nobody has jumped up and demanded repayment is because they know that once one of them does, all of them will have to and there's nowhere near enough money in the pile to pay them all off, especially at panic sale prices.

I'm betting there are many people in these institutions who know there was never anywhere near enough money in that pile, even when the loans were new.

Mazars pulling their support probably gives those people some cover, but even if if the blame is diffused the institutions are gonna want to clear this stuff.. zero chance of refinance other than from PutinBank..

Call in your loan quick!

He might pay the first one out* in the hope that the others won't want their money...

So first in has a chance..

The slow will get cents in the millions..

*with other peoples money of course..

[bill_g]

Here's hoping DJT becomes the country's first homeless POTUS.

[Slim Cognito]

Here's hoping DJT becomes the country's first homeless POTUS.

[bill_g]

Here's hoping DJT becomes the country's first homeless POTUS.

You don't think he could rock a shopping cart and a cardboard shack?

You're probably right. He'll end up in Rusher living in a third floor walk up in Moscow. If he stays in the States, he'll be living in a 35 footer in a marina down in the Keys.

[Azastan]

Here's hoping DJT becomes the country's first homeless POTUS.

Homestead exception (but does it apply to employees? What does that make Melania, by the way?)

Even if he doesn't lose the house, he'd be hard pressed to keep it in good shape. Might have to scrape some of the gilding off the picture frames and sell it as scrap gold.

[Uninformed]

I’d be very surprised if the DFO doesn’t live out his life as a free, (relatively) rich, increasingly bitter, narcissist.

[AndyinPA]

I often wonder if it's ever occurred to him that his life would have been better if he had never gotten into the political arena. He was somewhat skating under the radar for so long. Coming down that escalator certainly changed that. For all of us.

[Azastan]

I often wonder if it's ever occurred to him that his life would have been better if he had never gotten into the political arena. He was somewhat skating under the radar for so long. Coming down that escalator certainly changed that. For all of us.

No, I think he circles around in his mind that it's not fair, because he stacked the Supreme Court with HIS GUYS and they TURNED on him and now he can't escape those horrible people who keep bringing lawsuits against him IT'S NOT FAIR IT'S NOT FAIR IT'S NOT FAIR IT'S NOT FAIR.

[Gregg]

Here's hoping DJT becomes the country's first homeless POTUS.

Homestead exception (but does it apply to employees? What does that make Melania, by the way?)

Even if he doesn't lose the house, he'd be hard pressed to keep it in good shape. Might have to scrape some of the gilding off the picture frames and sell it as scrap gold.

No, Mar A Lago is not covered by the Florida Homestead Exemption, it is a for profit business club and expressly agreed upon not a residence. He's only allowed to live there because some MAGAT politicians in Florida went along with the "I'm just an employee here, staying in the caddyshack in case someone has a leaky toilet" excuse. But he well and good gave away any right to claim it as his legal residence especially for purposes of the homestead exemption.
Here's hoping someone buys it at a Sherriff's Auction on the courthouse steps. Someone who it will really piss him off to have to hand over the keys to, like Jeff Bezos or George Soros.

[Azastan]

Here's hoping DJT becomes the country's first homeless POTUS.

Homestead exception (but does it apply to employees? What does that make Melania, by the way?)

Even if he doesn't lose the house, he'd be hard pressed to keep it in good shape. Might have to scrape some of the gilding off the picture frames and sell it as scrap gold.

No, Mar A Lago is not covered by the Florida Homestead Exemption, it is a for profit business club and expressly agreed upon not a residence. He's only allowed to live there because some MAGAT politicians in Florida went along with the "I'm just an employee here, staying in the caddyshack in case someone has a leaky toilet" excuse. But he well and good gave away any right to claim it as his legal residence especially for purposes of the homestead exemption.
Here's hoping someone buys it at a Sherriff's Auction on the courthouse steps. Someone who it will really piss him off to have to hand over the keys to, like Jeff Bezos or George Soros.

In that case, he'd better leave all the gilding alone.

Perhaps he can find someone to buy him a place for his 'Presidential Library' and he can live there. Or, perhaps he can go live with Ivanka! He'd like that .

[Gregg]

Homestead exception (but does it apply to employees? What does that make Melania, by the way?)

Even if he doesn't lose the house, he'd be hard pressed to keep it in good shape. Might have to scrape some of the gilding off the picture frames and sell it as scrap gold.

No, Mar A Lago is not covered by the Florida Homestead Exemption, it is a for profit business club and expressly agreed upon not a residence. He's only allowed to live there because some MAGAT politicians in Florida went along with the "I'm just an employee here, staying in the caddyshack in case someone has a leaky toilet" excuse. But he well and good gave away any right to claim it as his legal residence especially for purposes of the homestead exemption.
Here's hoping someone buys it at a Sherriff's Auction on the courthouse steps. Someone who it will really piss him off to have to hand over the keys to, like Jeff Bezos or George Soros.

In that case, he'd better leave all the gilding alone.

Perhaps he can find someone to buy him a place for his 'Presidential Library' and he can live there. Or, perhaps he can go live with Ivanka! He'd like that .

Well, Jarod would have to leave.
Or at least move to the guest bedroom.

[June bug]

I’d be very surprised if the DFO doesn’t live out his life as a free, (relatively) rich, increasingly bitter, narcissist.

I agree. He’ll get bailed out, partially by his creditors so they won’t lose everything, and also by some unethical but technically legal maneuvering to get his supporters’ donations into his personal pockets.

[bob]

[neonzx]

[raison de arizona]

tfg has freaking LOST IT over the loss of his accountants. FOUR PAGES!

[neonzx]

[Sam the Centipede]

The flaw in that analysis is that it implicitly assumes rational actors.

They lent money to the tinpot cavalcade of mismanagement and poor decisions-making that is Trump Org. That suggests they aren't wholly rational.

[RTH10260]

► Show Spoiler

Homestead exception (but does it apply to employees? What does that make Melania, by the way?)

Even if he doesn't lose the house, he'd be hard pressed to keep it in good shape. Might have to scrape some of the gilding off the picture frames and sell it as scrap gold.

No, Mar A Lago is not covered by the Florida Homestead Exemption, it is a for profit business club and expressly agreed upon not a residence. He's only allowed to live there because some MAGAT politicians in Florida went along with the "I'm just an employee here, staying in the caddyshack in case someone has a leaky toilet" excuse. But he well and good gave away any right to claim it as his legal residence especially for purposes of the homestead exemption.
Here's hoping someone buys it at a Sherriff's Auction on the courthouse steps. Someone who it will really piss him off to have to hand over the keys to, like Jeff Bezos or George Soros.

In that case, he'd better leave all the gilding alone.

Perhaps he can find someone to buy him a place for his 'Presidential Library' and he can live there. Or, perhaps he can go live with Ivanka! He'd like that .

I know he now hates NYC, but if that org that will be tasked to create a pretend presidential library (with what - they just hijacked all his boxes?) could take over the rental of those top three floors of the T tower and he then could live in his library and show visitors around, much like he does at M-a-L.

[Azastan]

I know he now hates NYC, but if that org that will be tasked to create a pretend presidential library (with what - they just hijacked all his boxes?) could take over the rental of those top three floors of the T tower and he then could live in his library and show visitors around, much like he does at M-a-L.

I'm pretty sure he doesn't really want to go to NYC. How many houses does he own? All would be part of a bankruptcy, so he'd lose them except perhaps for the golf courses in Scotland.

Wonder if the people in Scotland are rethinking their decision not to pursue how he acquired the funds to purchase those properties?

I imagine he's angling for some rich cult member to buy him a home and support him for the rest of his life, so that the house can't be seized from him.

[raison de arizona]

I'm pretty sure he doesn't really want to go to NYC. How many houses does he own? All would be part of a bankruptcy, so he'd lose them except perhaps for the golf courses in Scotland.

I'm not an economist or anything, but I stayed at a Holiday Inn once and would be extremely surprised if Trump's ownerships of various properties were structured in any way that would make many of them vulnerable to bankruptcy proceedings. One set of rules for us... He seems to have come through multiple bankruptcies unscathed thus far.

[Gregg]

I'm pretty sure he doesn't really want to go to NYC. How many houses does he own? All would be part of a bankruptcy, so he'd lose them except perhaps for the golf courses in Scotland.

I'm not an economist or anything, but I stayed at a Holiday Inn once and would be extremely surprised if Trump's ownerships of various properties were structured in any way that would make many of them vulnerable to bankruptcy proceedings. One set of rules for us... He seems to have come through multiple bankruptcies unscathed thus far.

Actually, the way he has things set up, if he has to go through a personal bankruptcy he is more likely to lose everything. All his holdings are little separated from each other LLCs and companies so that if any one of them fails, it doesn't affect any of the others. But if he himself should fail, they are all things that can be taken from him, one at a time. If he has a house in one of the states that has a generous allowance homestead exemption he can keep one (but not two) of them, but the house would have to be held personally, not as some LLC or private company. Were one held by a trust of which he is the beneficiary, he could probably hold onto it. Looks to me like he may end up spending the rest of his life with OJ Simpson, looking for the real killers and Soros operatives on the golf courses of south Florida.

[raison de arizona]

I'm pretty sure he doesn't really want to go to NYC. How many houses does he own? All would be part of a bankruptcy, so he'd lose them except perhaps for the golf courses in Scotland.

I'm not an economist or anything, but I stayed at a Holiday Inn once and would be extremely surprised if Trump's ownerships of various properties were structured in any way that would make many of them vulnerable to bankruptcy proceedings. One set of rules for us... He seems to have come through multiple bankruptcies unscathed thus far.

Actually, the way he has things set up, if he has to go through a personal bankruptcy he is more likely to lose everything. All his holdings are little separated from each other LLCs and companies so that if any one of them fails, it doesn't affect any of the others. But if he himself should fail, they are all things that can be taken from him, one at a time. If he has a house in one of the states that has a generous allowance homestead exemption he can keep one (but not two) of them, but the house would have to be held personally, not as some LLC or private company. Were one held by a trust of which he is the beneficiary, he could probably hold onto it. Looks to me like he may end up spending the rest of his life with OJ Simpson, looking for the real killers and Soros operatives on the golf courses of south Florida.

That would be nice!

[northland10]

It really does not matter if he can afford a house or two, or even a mansion after they lose all of his other properties. Trump cannot live in a single private dwelling no matter how much it is worth. He needs to be the lord of the manor/tower. He needs to be able to appear from his private apartment and descend the stairs/escalator to the cheers of his adoring guests/tenants (many of which are probably faking it). Living in a private house deprives him of his one and only joy, attention. How much can he stand just a few servants pretending to love him, until they find a better job?

[Ben-Prime]

Here's hoping DJT becomes the country's first homeless POTUS.

Homestead exception (but does it apply to employees? What does that make Melania, by the way?)

Even if he doesn't lose the house, he'd be hard pressed to keep it in good shape. Might have to scrape some of the gilding off the picture frames and sell it as scrap gold.

No, Mar A Lago is not covered by the Florida Homestead Exemption, it is a for profit business club and expressly agreed upon not a residence. He's only allowed to live there because some MAGAT politicians in Florida went along with the "I'm just an employee here, staying in the caddyshack in case someone has a leaky toilet" excuse. But he well and good gave away any right to claim it as his legal residence especially for purposes of the homestead exemption.
Here's hoping someone buys it at a Sherriff's Auction on the courthouse steps. Someone who it will really piss him off to have to hand over the keys to, like Jeff Bezos or George Soros.

Or, you know, the Clintons.