All posts tagged "Fire Sale"

Trump may have to part with his real estate crown jewels.

If Trump can't produce the nearly $500 million in civil judgments and he's unable to back up the billionaire baron image that he's sold himself — he may be forced to unload many his bountiful assets at rock bottom prices.

"He doesn't have the cash right now," said Forbes Senior Editor Dan Alexander, appearing on CNN on Friday. "Especially if you add on that penalty with that interests and the E. Jean Carroll penalty, which comes to with the two rulings on that comes at $88 million altogether, you're looking at over half a billion right now."...

The astonishing amounts Trump may be on the hook to pay are exposing his real wealth.

Trump's staring down the barrel of an $83.3 million E. Jean Carroll jury judgment and possible $370 million civil fraud decision by a New York judge that could jeopardize his business license and hinder his real estate empire.

Author David Cay Johnston appeared on CNN, saying former President Donald Trump's in huge trouble. ...