Trump Faces Severe Financial Crisis: Could Lose Business Operations and Assets in New York by March 25
Today is March 19, and in just six days, on March 25, Trump could potentially lose his business operations in New York. His accounts might be taken over, and his private plane could be seized, as he's unable to secure a half-billion-dollar bond with interest.
NOTE: Things could change, but Trump told the court on Monday that he's been unable to secure a bond that would allow him to appeal Judge Arthur Engoron's New York judgment.
NOTE: If he's unable to pay or post a bond by March 25, which is in six days, New York Attorney General Letitia James could seize everything he owns up to $500 million.
NOTE: Those lending Trump money could become targets before 2024, with everyone now hesitant to bail him out for fear of becoming targets themselves.
NOTE: Trump has appealed to the court to halt the execution of the court order, but given it's New York, the appeal is likely to be rejected.
NOTE: Without money or a plane, Trump might find campaigning difficult, not to mention paying his lawyers, particularly because he is facing four indictments.
NOTE: Many of his supporters view this as election interference, and it's difficult to dismiss them!