Trumpet
Verified User
If Trump hadn't run his mouth after the first trial, it wouldn't have costed Trump so much; talk about being a wackadoodle.
E Jean ... Deal with it!
- Thread starter QP!
- Start date
If Trump hadn't run his mouth after the first trial, it wouldn't have costed Trump so much; talk about being a wackadoodle.
evince
Truthmatters
If he hadn’t forced a tiny young woman into a dressing room and stuck his fat orange fingers up into her it would have cost him no money and the loss of his reputation huh
He Slithers around on his pile of dog poop like a snake in the road
TOP
Retired Teacher
Someone should let her know...she's promising to buy everyone gifts...according to plan....
She won't see anything in this lifetime, though...maybe her estate will get a few dollars...I hope she has gifted some dog rescues... a dog in heat is a Hot dog...she's a lying skuzzbucket piece of trash.
Actually, a jury found that Trump is just that.
Sammy Jankis
Was it me?
And there in lies the problem for trump. he needs to come up with the money to put in an escrow account before he will be allowed to appeal the case.
We all know trump will need to borrow the money, but borrowing when he is on the verge of bankruptcy, and has a long history of not paying his loans even when not in bankruptcy, is very difficult. There are plenty of people around the world willing to loan him money: Putin, Xi, etc., but those loans must be made public.
A lot of people mistakenly think rich people have $400 million in cash on hand, so trump's claims would not disturb me... If he were not a billionaire. There is no reason anyone should keep $400 million in cash on hand. You would lose tens of millions a year, for no reason. You should invest almost all your money, and if you suddenly need money, borrow it until you can free up some money.
I would not be surprised if trump has a big vault of gold coins he swims in like Scrooge McDuck, and thinks all the other billionaires have one.
TOP
Retired Teacher
In America, "should have never happened" seems to be the way of the courts...or the opposite..."should have never been released"..."weren't arrested at all"....
Our justice system has adopted two very different sets of rules...
Observant people know there has always been a 2 tiered system of justice. The wealthy have gotten away with things that would have put you in a cage. Trump has gotten away with a lifetime of criminal deeds and scofflaw actions. He also has freely used and abused women. E Jean is an educated woman who has made a good living off being an author.
You may not understand how your Trumpism is making you bend the truth and facts. Calling her names and insulting her is proof.
You make comments about whether she can afford mental health care. She is worth over a million. Those statements are more proof of your slant .and how deeply under Trump's conman powers you are.
QP!
Verified User
And that is what the most stupid Magats here do not understand as they mock the idea that it will be her heirs chasing the money forever similar to the OJ, Alex Jones, and Giuliani situations.
Trump has already posted the entire first $5MM and now has to decide whether to offer E Jean a settlement amount lower than the award to get it done quick and move on... or, to Appeal and have to post the entire amount (cash or bond). Either way E JEan is paid INSTANTLY after the last appeal from the money put in Court trust.
The Appeals processes do not take that long for these Civil cases. It would be stretching it to say it will 5 years, and likely all appeals are done in less than 3, and then the cash/or bond will pay E Jean IMMEDIATELY.
No chasing cash and hiding assets.
NiftyNiblick
1960s Chick Magnet
QP!
Verified User
Just as it is not up to you and your proclamations.
What i think will happen, is Trump will be advised to accept how screwed and trapped he is. He will not want to tie up about $100MM (you have to cover the interest for the entire time of the appeal) and he will instead be pushed by advisors to offer E Jean a settlement amount to end the case and go away. I am guessing it will be about $25MM and it will get settled closer to $40-50MM. A lump sum up front and the rest in payments over a few years.
This verdict has really trapped Trump, because if he believes he is a good business man, tying up $100MM for years and years during appeals, means he makes nothing on that money. If he thinks he, Trump can invest it in himself and make about 14% annual return he would make $100MM (double the money) in about 5 years.
So a smart business man realizes that. Wants to get rid of 'debt lock' ASAP, so they can get back to earning money. Meaning if Trump could make E Jean go away for $40-50MM, (pay 50% lumpsum and 50% over 5 years) and he invested the $40MM he knocked the verdict down by + 50% hold back amount being paid over 5 years he would make back the money he paid E Jean in about 3 years and be whole again.
Or he can be dumb. Tie up $100MM for 5 years, gain NOTHING from it, and then lose it all.
We all know what a smart person would do. But we can all admit we are stymied as to what Trump might do. Because he is dumb.
Trump has said many times that he uses other people's money. He lies to borrow money and then cheats the company or firm that forked it over. Trump thinks only about Trump. Many of the companies that Trump cheated went out of business. He trashed companies and families. He does not care. They should have known better. You do not trust Trump. Trump enjoyed turning the screws into small companies for a few bucks.
QP!
Verified User
Agreed on all.
The best part of the Appeals Process is it REQUIRES Trump to put up the money directly or thru Bond, 100% of the settlement amount E Jean won in trial, plus all interest as the Appeal play out.
that is the big difference as compared to Oj or Rudy Giuliani that Magats like to use saying 'good luck collecting a penny E Jean', as those people have to pay from income streams that can be manipulated and hidden. Chasing the money can take a lifetime.
E Jean will not have to chase one penny. If Trump appeals, he is forced to post all her money, so the only thing that matters is the time of the appeals process, which for Civil Cases is typically about 3 years and maybe 5 years at tops. If Trump does not appeal this verdict E Jean can INSTANTLY take her Court win, and begin to just show up at any Bank Trump deals with and demand ALL cash in that account (every penny) and the Banks are required to turn it over instantly. She can also have her lawyers put lien's on all Trump properties and then get liquidation orders, to sell them, to get her money.
Trump has no path to stop any of that, at that point. You cannot go to court to stop the payments based on a Court loss. The sole thing you can do, is what Giuliani did, and that is declare bankruptcy, which halts ALL collections and puts in place a Bankruptcy Trustee to liquidate ALL assets and ensure all debtors collectively get paid as much as they can, instead of just one person getting fully paid.