N.Y. jury won't consider Trump a 'sympathetic character': ex-prosecutor Preet Bharara
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.
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"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.