No wonder Donald Trump is panicking
Donald Trump’s financial house of cards is being picked apart as a result of his New York civil fraud verdict, and now we’re getting a look at just how rickety it’s always been.
For instance legal expert Lisa Rubin is pointing out that Trump is so deeply in debt on so many of his properties, it may explain why he was unable to obtain bond. In response, legal expert Katie Phang said that Trump is panicking because he’s “over-leveraged and under-funded.”
So which properties is Donald Trump going to end up losing? We’ll see. But it’s becoming increasingly clear that there’s no easy way out of this for Trump. If he had a path forward, he’d be taking it by now instead of sitting back and whining as the process of asset seizures begins.
