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Feel-Good Story of the Day: Trump Crony Peter Navarro Begins Serving Historic Prison Sentence

48
Jay C3/19/2024 11:41:51 am PDT

re: #39 Love-Child of Cassandra and Sisyphus

Cuban is likely correct about liquid assets.

But Mar-a-lago, Trump Tower, Bedminster golf club, etc. are not foreign assets.

Cuban is asserting that no bond company will take those properties as collateral for bond.

I wonder if that is true?

Probably: it’s being taken as a given that Trump’s properties are highly leveraged: I’m guessing that few bond companies are going to go out on a multi-hundred-million-dollar limb to be second or third in line just for Donald Trump.