Like many on Wall Street, I’ve been left wondering how Donald Trump will be able to afford the more than $450 million penalty, including interest, that Judge Arthur Engoron imposed on him last week as a result of the civil fraud lawsuit brought by New York State Attorney General Letitia James as well as the $83.3 million he owes E. Jean Carroll after he lost two defamation cases she brought against him. Assuming that at some point he loses all his appeals, can he get the cash he needs to pay his debts? Is he liquid enough for the appeal bond in the meantime? Will he be able to find someone to post the bond and take the risk of his credit? And that ignores, for the moment, the increasing possibility that he might also have to pay the I.R.S. $100 million or so in back taxes, as a result of his improper deductions over the years.
Try Puck for free
Sign up today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.
Already a member? Log In
- Daily articles and breaking news
- Personal emails directly from our authors
- Gift subscriber-only stories to friends & family
- Unlimited access to archives
- Exclusive bonus days of select newsletters
- Exclusive access to Puck merch
- Early bird access to new editorial and product features
- Invitations to private conference calls with Puck authors
Exclusive to Inner Circle only
Latest Articles from Wall Street
The Saks Financial Colonoscopy
The Ellison Way of Parenting
A History of Creditor-on-Creditor Violence
The Zaz–Ellison Dagger Contest
What Is Zaz TV Really Worth?
Make Berkshire Hathaway Great Again?
Zaz Is From Mars, the Ellisons Are From Venus
Get access to this story
Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more.
Latest Articles from Wall Street
“Larry Didn’t Show Up, and David Got Ahead of His Skis”
Ellison Irrevocable Trust Issues
The Ellisons at the Gates
Netflix’s $83B Math & The Ellison Hostile Meter
The Epstein Monologues
Wall Street Enters the “Cockroach” Wars
Zaz the World Turns
You have 1 free article Left
To read this full story and more, start your 14 day free trial today →
Already a member? Log In
Get access to this story
Enter your email to get access to one article and free previews of our private emails from Puck authors and editors.
Already a Member? Sign in
Latest Articles from Wall Street
The Spirit of ’29
Street Credit
Ellisonology 101
What Does Bloomberg Want for Bloomberg L.P.?
The Mag Seven Itch
The Brian Roberts–WBD Bull Case