Former President Donald Trump is hoping that the Truth Social merger will give him a large enough wealth infusion to get a handle on his multiple legal judgments, at least as long as he can get them appealed — and he claimed on Truth Social that he has already come up with the half a billion dollars he needs in any case.
But the sheer amount of money he owes is only one of the problems for him, MSNBC reporter Adam Reiss told anchor Chris Hayes on Friday. Another is the eagle-eyed scrutiny and restrictions the courts have placed his real estate empire under.
"He says he has the cash on Truth Social," said Hayes. "If he had the cash, we probably wouldn't be in this situation, right? Is that a fair determination?"
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"Yeah," said Reiss. "When the E. Jean Carroll case happened, he had the bond but was still asking the court for more time. It's possible he actually has the money right now. I don't think that's the case. So we're going to get to Monday, and it's going to be a showdown."
"Showdown like where?" said Hayes. "Showdown at court? Like with Judge Engoron?"
"We need to keep a close eye on the docket," said Hayes. "Judge Engoron is tightening the screws on him. The Trump Organization, essentially, can't do anything without the court and the monitor knowing. She is on top of it. She's been there for about 16 months. Anything they do. Transfers of funds. Financial accounting. Moving money from one source to another."
Watch the video below or at the link here.
Adam Reiss says Trump Organization is at the mercy of the courtsyoutu.be
