Donald Trump claimed on Friday to have almost a half-billion dollars in cash but said he’d rather spend it on his presidential run than on the $454 million civil fraud judgment against him in New York. The former president vowed to fight the verdict “all the way up to the U.S. Supreme Court if necessary” […]
Former President Donald Trump declared on Friday that he possesses "almost $500 million" in cash. read more
Donald Trump is ready to take Truth Social public, and he's expecting to have a huge cash infusion as a result. But the last time he took a company public, it didn't go so well for the company or investors.Trump's decision to go public with his right-wing social media company mirrors a move he made with Trump Hotels and Casino Resorts, according to CNBC."While a 2016 Washington Post review found that Trump made over $44 million, the company — Trump Hotels and Casino Resorts — lost more than $1...
Shares in former President Donald Trump’s social media platform Truth Social will likely be available for public purchase by the end of this week, courtesy of its newly approved blank-check merger with a little known publicly traded company, Digital World Acquisition Corp. The combined company will take the name of Trump’s media outfit and its stock symbol will be Trump’s initials — DJT. A chance to buy a piece of Donald J. Trump? Common sense says this is one to stay away from, even if the...
Running for the White House while bankrupt isn't a look Donald Trump wants. As the former president tries to beat time with limited options as the March 25 deadline closes in to shell out nearly $500 million after he lost his civil fraud case brought by New York Attorney General Letitia James — he is determined to do anything and everything to avoid filing Chapter 11, according to The Washington Post citing multiple sources. “He’d rather have Letitia James show up with the sheriff at 40 Wall...
NEW YORK >> Donald Trump claimed today to have almost a half-billion dollars in cash but said he’d rather spend it on his presidential run than on the $454 million civil fraud judgment against him in New York. The former president vowed to fight the verdict “all the way up to the U.S. Supreme Court if necessary” as the state gears up to potentially seize some of his assets if he doesn’t pay the hefty tab.
When Paul Manafort was brought up on federal criminal charges exactly seven years ago this week, Donald Trump did what he always does when someone close to him runs into trouble: He pretended to barely know Manafort. Indeed, the Trump White House at the time described him as a random staffer “who played a very limited role for a very limited amount of time” on the Republican’s 2016 campaign. It was, at the time, a difficult claim to take seriously. After all, Manafort did serve as the campaign...
Follow the money: The 2024 general election financing season is in full swing. President Biden and former President Trump, who have clinched enough delegates to win their parties’ nominations for N
Donald Trump’s social media company could go public as soon as next week, paving the way for a potentially huge windfall for a former president who raked in tens of millions of dollars the last time one of his companies was listed on a stock exchange. That previous, decades-ago experience, however, did not end well for the company or its investors. While a 2016 Washington Post review found that Trump made over $44 million, the company — Trump Hotels and Casino Resorts — lost more than $1 billion...
Former President Donald Trump snapped at a reporter Monday after he was asked if he would use his own money to fund his campaign.Trump's remarks came at a press conference after an appeals court reduced the bond he will have to pay in his New York fraud case from $464 million to $175 million. "You mentioned the cash you have, you said on Friday it's something like $500 million," the reporter noted at a press conference. "You intend to put some of that into the campaign. Now that the bond's been...
Potential move could coincide with ex-president’s Monday deadline to find $454m bond needed to cover civil fraud judgmentAttorneys in the New York attorney general’s office have written to the state appeals court dealing with Donald Trump’s punishment for business fraud to say that they should disregard the former president’s claims that he cannot raise a bond to cover his massive fine.Letitia James, the attorney general, could initiate action to seize Trump assets as soon as Monday, coinciding...
Neal Katyal also predicted what would happen as Trump reaches the deadline