Donald Trump is facing financial challenges as New York AG Letitia James questions his cash reserves due to a $464 million judgment. Trump's legal bills and liabilities, including a $450 million debt and an $83.3 million penalty, are putting strain on his finances. He may need to sell assets to raise funds to cover these legal expenses.
"[Trump] is accruing interests for these judgments—staggering amounts...and the interest does not stop. It's $17 dollars per second from now until the time that the plaintiffs collects the judgment." — @gtconway3d breaks down Trump's interest on his court judgements https://t.co/GbFem7c9ni
"Trump has called himself in the past the 'king of debt,' but that hasn't been true in a while." @Z_Everson, Forbes staff writer, joins @_brittanylewis on "Forbes Newsroom" to discuss why Trump will need more than $540 million to pay off his legal fees. https://t.co/hn9yWs9V3X https://t.co/FQfN1QUHeN
"Doral and Trump Tower have both been refinanced with Axos Bank." @Z_Everson, Forbes staff writer, joins @_brittanylewis on "Forbes Newsroom" to discuss why Trump will need more than $540 million to pay off his mounting legal fees. https://t.co/hn9yWs9V3X https://t.co/K697NImJGw