What if Trump Can't Pay His Massive Half a Billion Dollar Judgements?
Justice Matters with Glenn Kirschner
Crossover Media Group
4.9 • 2.9K Ratings
🗓️ 23 February 2024
⏱️ 10 minutes
🧾️ Download transcript
Summary
Donald Trump has had three massive money judgments entered against him by judges and juries alike. What happens next? Can he get out of it by stalling with appeals? What will the courts do? Property seizures? Liens? Bankruptcy?
Glenn discusses Trump's financial . . . predicament, and how he really has no way out this time.
Link to Politico article https://www.politico.com/news/2024/02/16/trump-civil-judgments-what-to-know-00142034#:~:text=What%20happens%20if%20he%20resists,could%20begin%20seizing%20Trump's%20assets.
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Transcript
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| 0:00.0 | It's time for Justice Matters with former federal prosecutor and MS NBC analyst Glenn Kirchner. Donald Trump is selling whatever he can to pay off his fines and legal fees, which is now more than half a billion dollars. |
| 0:23.0 | So what will the courts do if he can't pay the money? |
| 0:26.0 | Here's Glenn. |
| 0:28.0 | So friends, while we wait for Donald Trump's criminal trials to get underway with the first one scheduled to |
| 0:35.8 | kick off up in New York on March 25th. Let's take a quick look at Donald Trump's |
| 0:42.4 | financial Let's financial |
| 0:44.7 | financial predicament |
| 0:46.2 | because the tab for some of Donald Trump's wrongdoing |
| 0:50.3 | is finally coming due. Let's start with a helpful overview |
| 0:56.0 | that was just published by Politico. |
| 0:59.0 | Headline, can Trump pay? |
| 1:02.0 | What if he doesn't? Here's what to know about Trump's massive |
| 1:07.5 | civil judgments. And that article begins a seven-figure verdict, an seven-figure verdict, and now a nine-figure verdict. |
| 1:19.0 | Donald Trump has been hit with all three in the past nine months with Fridays |
| 1:25.0 | 154 million dollar penalty for New York business fraud |
| 1:30.0 | by far the most massive. |
| 1:32.0 | He's now on the hook for over four by far the most massive. |
| 1:33.0 | He's now on the hook for over $440 million in civil judgments |
| 1:38.0 | as he heads toward the Republican nomination |
| 1:41.0 | and as he prepares for one or more criminal trials this year. |
| 1:47.0 | Those criminal trials could put him in jail and in the meantime his escalating troubles in his civil cases are packing a devastating financial punch. |
| 1:59.0 | Even for a man who claims to be a billionaire, $440 million is a potentially crippling amount of |
... |
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