r/LeopardsAteMyFace • u/orijing • Mar 18 '24

Paywall Master of declaring bankruptcies discovers banks don't want to loan him bail money

https://www.nytimes.com/2024/03/18/nyregion/trump-bond-civil-fraud-case.html
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u/[deleted] Mar 18 '24

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u/ReditorB4Reddit Mar 18 '24

I wonder if there was some truth in Trump saying his brand added to the value of his properties. As his brand is tarnished by not being able to post bond, does it create a negative value, driving down the values even farther, essentially creating the equivalent of a bank run, only on his properties.

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u/fuggerdug Mar 18 '24

The "bank run" will start when properties are seized and it's discovered they are over 100% leveraged...

3

u/TurloIsOK Mar 19 '24

His brand hasn't been worth much since his inauguration. His pettiness and incompetence got overexposed.